Seller's Agent in 2024
Shawn Strach
The Dream Team Realtors
(815) 472-7720
1 in this area
184 Total Sales
701 S Elmhurst Rd Mount Prospect, IL 60056
Estimated Value: $358,000 - $397,000
2
Beds
1
Bath
973
Sq Ft
$388/Sq Ft
Est. Value
Highlights
- Recreation Room
- Ranch Style House
- Corner Lot
- Lions Park Elementary School Rated 10
- Wood Flooring
- 1 Car Detached Garage
About This Home
As of February 2024Nestled on a sprawling quarter-acre corner lot, this 2-bedroom, 1-bathroom brick ranch offers a blend of timeless charm and modern updates. As you approach the home, you'll immediately notice the well-maintained exterior, complete with a recently updated roof, windows, and tuckpointing, ensuring long-lasting durability. Step inside to find a cozy living space that radiates warmth and invites relaxation. The functional layout seamlessly connects the living areas, making it perfect for both everyday living and entertaining. The home's full basement is a hidden gem-partially finished and offering ample storage options. Whether you envision a home gym, office, or additional living space, the possibilities are endless. Location is key, and this home has it! Situated in a prime Mount Prospect neighborhood, you're just minutes away from shopping centers, dining options, and major highways, putting all your essentials within easy reach. Don't miss the opportunity to make this well-cared-for home your dream home!
Last Agent to Sell the Property
Dream Real Estate, Inc. License #471000585 Listed on: 10/08/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,224
Year Built
- Built in 1950
Lot Details
- 0.25 Acre Lot
- Corner Lot
Parking
- 1 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 973 Sq Ft Home
- Ceiling Fan
- Combination Kitchen and Dining Room
- Recreation Room
- Storage Room
- Wood Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Laundry in unit
- Gas Dryer Hookup
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- Ranch
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2023
Closed on
Feb 6, 2024
Sold by
Hansbrough Dorothy
Bought by
Rzewnicki Sean and Lee Soojeong
Seller's Agent
Shawn Strach
Dream Real Estate, Inc.
Buyer's Agent
Gina Damore
Keller Williams Premiere Properties
List Price
$359,900
Sold Price
$315,000
Premium/Discount to List
-$44,900
-12.48%
Views
548
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,908
Avg. Annual Appreciation
11.52%
Original Mortgage
$165,375
Outstanding Balance
$162,463
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$215,445
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rzewnicki Sean | $315,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rzewnicki Sean | $165,375 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/09/2024 02/09/24 | Sold | $315,000 | -7.3% | $324 / Sq Ft |
| 01/06/2024 01/06/24 | Pending | -- | -- | -- |
| 12/20/2023 12/20/23 | Price Changed | $339,900 | -2.9% | $349 / Sq Ft |
| 11/05/2023 11/05/23 | Price Changed | $349,900 | -2.8% | $360 / Sq Ft |
| 10/08/2023 10/08/23 | For Sale | $359,900 | -- | $370 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,521 | $27,000 | $11,025 | $15,975 |
| 2023 | $1,964 | $27,000 | $11,025 | $15,975 |
| 2022 | $1,964 | $27,000 | $11,025 | $15,975 |
| 2021 | $2,225 | $22,256 | $7,166 | $15,090 |
| 2020 | $2,030 | $22,256 | $7,166 | $15,090 |
| 2019 | $2,016 | $24,729 | $7,166 | $17,563 |
| 2018 | $2,253 | $23,935 | $6,063 | $17,872 |
| 2017 | $2,220 | $23,935 | $6,063 | $17,872 |
| 2016 | $2,600 | $23,935 | $6,063 | $17,872 |
| 2015 | $2,989 | $20,766 | $4,961 | $15,805 |
| 2014 | $2,877 | $20,766 | $4,961 | $15,805 |
| 2013 | $2,943 | $20,766 | $4,961 | $15,805 |
Source: Public Records
Agents Affiliated with this Home
-
Shawn Strach
-
Gina Damore
Buyer's Agent in 2024
Gina Damore
Keller Williams Premiere Properties
(847) 217-9604
1 in this area
108 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11897305
APN: 08-12-314-001-0000
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