NOT LISTED FOR SALE

905 S Tower Dr Mount Prospect, IL 60056

Estimated Value: $450,525 - $563,000

4 Beds
2 Baths
1,450 Sq Ft
$361/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $426,025 $294 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,486/month

5 Days on Market

Highlights

  • Recreation Room
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Lions Park Elementary School Rated 10

About This Home

As of September 2020

Beautifully rehabbed clean ranch home with a rare 2 car attached garage and on-suite master on an over-sized lot in the highly coveted 57/214 school district with designer finishes within walking distance of distance of multiple parks and schools. Close proximity to downtown Mount Prospect and public transportation. Home offers desirable open floor plan with white shaker cabinets, quartz countertops, stainless steel appliances along with 2 new bathrooms and a full finished basement. In addition, the brand-new mechanicals, roof, hardwood floors, trim, doors, windows, recessed lighting, driveway, light fixtures are just a few of the things that make this property a great value at this price. Property was fully permitted and completed by experienced developer. Bring all offers, easy to show. Check additional info for Virtual Tour

Last Agent to Sell the Property

Matthew Arminio

247 Brokers, LLC License #471019243 Listed on: 08/11/2020

Last Buyer's Agent

Benjamin Tregoning

Redfin Corporation License #475118019

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1957 | 2020

Lot Details

  • 7,841

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Year Built | Renovated

1957 | 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1 Story
  • Estimated Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957
  • Year Renovated: 2020

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X18, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Recreation Rm, Dimensions: 30X20, On Level: Basement, Flooring: Vinyl
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level
  • Bedroom 4: Dimensions: 12X12, On Level: Basement, Flooring: Vinyl
  • Estimated Sq Ft: 1450

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.1894

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 57

Lot Info

  • Lot Dimensions: 122 X 65
  • Parcel Identification Number: 08131080110000

Tax Info

  • Taxes: 7441.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 11, 2020
Sold by
Apex National Real Estate Llc
Bought by
Simon Jessica
Seller's Agent
Matthew Arminio
247 Brokers, LLC
Buyer's Agent
Benjamin Tregoning
Redfin Corporation
List Price
$419,900
Sold Price
$426,025
Premium/Discount to List
$6,125
1.46%
Current Estimated Value
$523,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,106
Avg. Annual Appreciation
3.97%
Original Mortgage
$362,121
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 23, 2019
Sold by
Cleveland Margaret E
Bought by
Apex National Real Estate Llc
Seller's Agent
Xiaohong Wang
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Matthew Arminio
247 Brokers, LLC
List Price
$299,000
Sold Price
$242,500
Premium/Discount to List
-$56,500
-18.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.26%
Original Mortgage
$318,750
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 20, 2000
Sold by
Banco Popular North America
Bought by
Cleveland Margaret E and The Margaret E Cleveland Declaration
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Simon Jessica $426,500 Chicago Title
Apex National Real Estate Llc $242,500 Chicago Title
Cleveland Margaret E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simon Jessica $362,121
Previous Owner Apex National Real Estate Llc $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2020 09/22/20 Sold $426,025 +1.5% $294 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $419,900 +73.2% $290 / Sq Ft
06/07/2019 06/07/19 Sold $242,500 -18.9% $179 / Sq Ft View Prior Sale
05/03/2019 05/03/19 For Sale $299,000 0.0% $220 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $299,000 -- $220 / 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 $8,944 $32,110 $8,250 $23,860
2023 $9,062 $33,835 $8,250 $25,585
2022 $9,062 $33,835 $8,250 $25,585
2021 $7,506 $24,089 $5,362 $18,727
2020 $8,806 $28,861 $5,362 $23,499
2019 $7,442 $33,308 $5,362 $27,946
2018 $1,691 $28,367 $4,537 $23,830
2017 $1,666 $28,367 $4,537 $23,830
2016 $2,094 $28,367 $4,537 $23,830
2015 $2,406 $25,204 $3,712 $21,492
2014 $5,944 $25,204 $3,712 $21,492
2013 $2,369 $25,204 $3,712 $21,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10814352

Midwest Real Estate Data (MRED)

APN: 08-13-108-011-0000