NOT LISTED FOR SALE

Estimated Value: $598,893 - $661,000

4 Beds
2 Baths
2,544 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $475,000 $187 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,318/month

12 Days on Market

Highlights

  • Second Kitchen
  • Family Room with Fireplace
  • Main Floor Bedroom
  • Fairview Elementary School Rated 9+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of May 2022

Welcome home! 1891 Historic William Busse (The Father of Mount Prospect) Home that has been lovingly restored by the current owners. Walk into your living room to find a wood-burning fireplace with a beautiful quartz hearth and leaded glass windows on either side. Dining room with beautiful built-ins, coffered ceilings and stunning chandelier! Kitchen has been remodeled with soft close cabinetry and stainless steel appliances and quartz to match the fireplace. First floor also features a bedroom and full bathroom. Second floor has 3 ample sized bedrooms and TONS of storage space. 2 of the bedrooms have walk-in closets and the primary bedroom as not one, but TWO walk-ins and one is finished in cedar! The basement has been finished out with a beautiful copper faced wet bar (just needs to be hooked-up - pipes are all there), new flooring and ANOTHER wood burning fireplace and wood burning stove, not to mention a kitchen (there is a gas line so a stove can also be added to this area). Pool table in basement stays. The back and side yards are fully fenced and newly landscaped. So much natural light and historic charm in this beautiful Mount Prospect home!! Roof was a complete tear-off on both home and garage in 2018 when the gutters were also replaced. Garage is extra large 2.5 car with an upstairs that could be used as extra storage (current use), work space, artist studio...possibilities are many - furnace and a/c in garage are as-is. Floor plans and information about William Busse and his family included in the additional information tab.

Last Agent to Sell the Property

Dawn Bremer

Keller Williams Success Realty License #475168070 Listed on: 04/12/2022

Keller Williams Success Realty

Co-Listed By

Jennifer Beltrame

HomeSmart Connect LLC License #475156510

Last Buyer's Agent

Julia Nicoll

Coldwell Banker Real Estate Group License #475142195

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,110

Year Built

  • Built in 1892

Lot Details

  • 8,999 Sq Ft Lot
  • Lot Dimensions are 120 x 75
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,544 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Second Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Porch

Schools

  • Fairview Elementary School
  • Lincoln Junior High School
  • Prospect High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,110

Year Built

Built in 1892

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1892
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1210
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 2544
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Kitchen
  • Estimated Total Finished Sq Ft: 1210
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 1490
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 1490
  • Unfinished Basement Sq Ft: 280

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 475000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Window/Wall Units - 3+
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam, Baseboard
  • Laundry Features: In Unit, Laundry Chute
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Fairview Elementary School
  • High School: Prospect High School
  • Middle/Junior School: Lincoln Junior High School
  • Middle/Junior School District: 57
  • Elementary School #2: WESTBROOK SCHOOL FOR YOUNG LEARNERS

Lot Info

  • Lot Size Acres: 0.2066
  • Lot Dimensions: 120 X 75
  • Rural (Y/N): N
  • 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: 9110
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Jan 12, 2017
Sold by
Shekleton Martin E
Bought by
Borsodi David W and Kramer Laurel A
Seller's Agent
Frank Pantell
Keller Williams Success Realty
Buyer's Agent
Laurel Kramer
Baird & Warner
List Price
$389,900
Sold Price
$327,400
Premium/Discount to List
-$62,500
-16.03%
Current Estimated Value
$617,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,323
Avg. Annual Appreciation
7.53%
Original Mortgage
$327,400
Outstanding Balance
$269,884
Interest Rate
4.13%
Mortgage Type
VA
Estimated Equity
$347,839

Purchase Details

Closed on
May 23, 2000
Sold by
Gunderson Donna Lynn
Bought by
Shekleton Martin E and Shekleton Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.16%

Purchase Details

Closed on
Apr 9, 1997
Sold by
Terrafino Joseph and Terrafino Paula Marion
Bought by
Terrafino Joseph and Gundersen Donna Lynn
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Borsodi David W $327,500 Attorneys Title Guaranty Fun
Shekleton Martin E $233,000 --
Terrafino Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borsodi David W $327,400
Previous Owner Shekleton Martin E $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2022 05/26/22 Sold $475,000 0.0% $187 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/22/2022 04/22/22 Price Changed $475,000 -5.0% $187 / Sq Ft
04/18/2022 04/18/22 Price Changed $499,900 -6.5% $197 / Sq Ft
04/12/2022 04/12/22 For Sale $534,900 +63.4% $210 / Sq Ft
01/12/2017 01/12/17 Sold $327,400 -6.4% $129 / Sq Ft View Prior Sale
10/29/2016 10/29/16 Pending -- -- --
09/16/2016 09/16/16 Price Changed $349,900 -7.9% $138 / Sq Ft
07/29/2016 07/29/16 Price Changed $379,900 -2.6% $149 / Sq Ft
06/29/2016 06/29/16 For Sale $389,900 -- $153 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $12,512 $45,000 $9,000 $36,000
2023 $11,116 $45,000 $9,000 $36,000
2022 $11,116 $45,000 $9,000 $36,000
2021 $9,110 $33,018 $5,625 $27,393
2020 $9,110 $33,018 $5,625 $27,393
2019 $9,169 $36,933 $5,625 $31,308
2018 $9,761 $35,422 $4,950 $30,472
2017 $9,805 $35,422 $4,950 $30,472
2016 $8,717 $35,422 $4,950 $30,472
2015 $7,878 $29,799 $4,275 $25,524
2014 $7,759 $29,799 $4,275 $25,524
2013 $7,738 $29,799 $4,275 $25,524
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11370671

Midwest Real Estate Data (MRED)

APN: 03-35-305-010-0000