NOT LISTED FOR SALE

707 Elmhurst Rd Mount Prospect, IL 60056

Estimated Value: $357,000 - $401,000

1 Bed
2 Baths
972 Sq Ft
$388/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $275,000 $283 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,539/month

13 Days on Market

Highlights

  • Landscaped Professionally
  • Property is near park
  • Ranch Style House
  • Lions Park Elementary School Rated 10
  • Recreation Room
  • Wood Flooring

About This Home

As of September 2021

Make this charming 2 Bedroom / 2 Bath ranch less than 1 mile from downtown Mount Prospect your perfect home. This home provides space, functionality, tons of storage and peace of mind knowing it has been well taken care of by the long-term owner. Gorgeous hardwoods throughout first floor compliment the newer Anderson windows that pour light in from all directions and the overly spacious living room. 1st floor, second bedroom converted into dining room with sliding door to back patio. 1st floor laundry. Finished basement provides office space, tons of additional storage, full bath, spacious bedroom, and recreation/family room. Updates include AC ('10), furnace & chimney liner ('13), stainless kitchen appliances ('14), updated basement ('18), sewer line ('18), roof ('18). D57 Elementary (Lions Elementary & Lincoln Jr High) & D214 (Prospect High School). Close to Mt Prospect Golf Course, downtown Mt. Prospect, Metra train line (Union Pacific Northwest) stations, parks, groceries, restaurants, Interstates 90 & 294, O'Hare Airport & shopping.

Last Agent to Sell the Property

Michael Mercado

@properties Christie?s International Real Estate License #475171435 Listed on: 08/05/2021

@properties Christie?s International Real Estate

Last Buyer's Agent

Cosmina Neaga

312 Estates LLC License #475148872

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,966

Year Built

  • Built in 1950

Lot Details

  • 9,104 Sq Ft Lot
  • Lot Dimensions are 60 x 145
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 972 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near park

Schools

  • Lions Park Elementary School
  • Lincoln Junior High School
  • Prospect High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,966

Year Built

Built in 1950

Lot Details

9,104 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry
  • LivingArea: 972
  • Other Equipment: Security System, CO Detectors, Ceiling Fan(s)
  • Room Type: Recreation Room, Storage
  • Estimated Total Finished Sq Ft: 1940
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 1940
  • Door Features: Sliding Doors,Storm Door(s),Sliding Glass Door(s)
  • Window Features: All
  • Bedroom 2 Flooring: Carpet
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Ceramic Tile
  • Kitchen: Eating Area-Breakfast Bar
  • Living Room Flooring: Hardwood
  • MRD_MBB: None
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 12X12
  • Bedroom 2 Window: All
  • Living Room Windows: All
  • Master Bedroom Windows: All
  • Dining Room Windows: All
  • Kitchen Windows: All

Exterior Features

  • ExteriorFeatures: Patio, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 5
  • Number of Cars: 6.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lions Park Elementary School
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School
  • Elementary School #2: Westbrook School for Young Learners

Lot Info

  • Lot Size Acres: 0.209
  • Lot Dimensions: 60 X 145
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2966.15
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 10, 2021
Sold by
Ferrari Gail L and Gail L Ferrari Trust
Bought by
Ces Properties Group Llc
Seller's Agent
Michael Mercado
@properties Christie?s International Real Estate
Buyer's Agent
Cosmina Neaga
312 Estates LLC
List Price
$277,700
Sold Price
$275,000
Premium/Discount to List
-$2,700
-0.97%
Current Estimated Value
$376,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,742
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Sep 19, 2000
Sold by
Ferrari Gail L
Bought by
Ferrari Gail L and Gail L Ferrari Trust

Purchase Details

Closed on
Oct 30, 1995
Sold by
Delgiudice Michelle A and Delgiudice Del Giudice
Bought by
Ferrari Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ces Properties Group Llc $275,000 Chicago Title Company
Ferrari Gail L -- --
Ferrari Gail $145,000 Attorneys Title Guaranty Fun
Ferrari Gail $145,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrari Gail $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $275,000 -1.0% $283 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $277,700 -- $286 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $7,242 $30,000 $10,937 $19,063
2024 $7,242 $26,000 $9,114 $16,886
2023 $6,964 $26,000 $9,114 $16,886
2022 $6,964 $26,000 $9,114 $16,886
2021 $3,273 $22,731 $5,924 $16,807
2020 $2,985 $22,731 $5,924 $16,807
2019 $2,966 $25,257 $5,924 $19,333
2018 $3,315 $23,302 $5,012 $18,290
2017 $3,265 $23,302 $5,012 $18,290
2016 $3,557 $23,302 $5,012 $18,290
2015 $4,089 $18,564 $4,101 $14,463
2014 $4,571 $18,564 $4,101 $14,463
2013 $4,549 $18,564 $4,101 $14,463
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11179675

Midwest Real Estate Data (MRED)

APN: 08-12-314-004-0000

Your Personal Tour Guide

Ask me questions while you tour the home.