See Home Value
Mount Prospect 60056
1114 South Busse Road
$326,269*
House - Off Market

1114 South Busse Road

Mount Prospect, IL 60056
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2400 Sqft
$261,000 - $317,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Oct 08, 2020
$280,000
Sold Nov 08, 2012
$260,000
$250,900 by Freedom Mortgage Corp
Mortgage Due Nov 01, 2042

About This Property

Great house in desirable Mt. Prospect! A spacious, updated 4 bedroom, 2.1 bath Colonial with finished basement and 2 car attached garage. Large fenced yard and backyard shed. Newer vinyl laminate floors in living room with gas fireplace. New floors in dining room, in the updated main floor powder room and upstairs hallway. Kitchen boasts granite counter tops, Jenn Air stove and microwave, and a garden window in the eating area. Main floor family room with sliders to back yard with a 22' X 14' shed with new doors, can be used as a hobby or workroom. Master suite has huge walk-in closet and updated master bath. A 2nd full bath on the 2nd floor plus loads of closets and storage space. All 4 bedrooms are on the second level! Basement has recording studio (musician's dream) or office, and finished rec room. Laundry room with new washer and dryer in 2017. Updated lighting, new carpet on upstairs hallway stairs. Two car attached garage with new garage door opener. Long driveway can fit up to 4 more cars!  Excellent and convenient location close to parks, shopping, restaurants, schools, forest preserve, expressways and all amenities. Please note, this section of Busse Rd. is residential, but a busy street. House is in great  condition, and sold "AS IS."

The manager has listed the unit size as 2400 square feet.
Unit Size
2,400Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$121
Property Type
House
Property Taxes
$8,972
HOA Dues
-
Year Built
1970

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Oct 8, 2020 Sold to Joyce Rannochio, Samuel Ran... $280,000
Sold to Joyce Rannochio, Samuel Ran...
May 23, 2020 In contract -
In contract
Mar 7, 2020 No longer available -
No longer available
Feb 10, 2020 Listed $289,900
Listed
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,320
  • Total Building Area: 1,997
  • Gross Building Area: 1,997
  • Building Area: 1,997
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,997
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELK RIDGE VILLA UNIT8
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ELK) (RIDGE) VILLA (UNIT8) SUB OF ALL OF LT7 & PT OF LTS5&6 IN DIVISION OF LOUIS F BUSSES FARM SUB OF NE EXCEPT W 686.4FT OF

Ownership

  • Current Owner : RANNOCHIO SAMUEL
  • Current Owner 2: RANNOCHIO JOYCE
  • Previous Owner : LECHOWICZ JOHN
  • Previous Owner 2: LECHOWICZ RACHEL
  • Owner Before Previous Owner: ROYAL JASON M
  • Owner Before Previous Owner 2: ROYAL LISA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805108

Geography

  • District: 16
  • Parcel: 08-15-208-015-0000
  • Block: 781
  • Lot: 5-7
  • Meridian: SEC 15 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0451
  • Longitude: -87.9606

    Address

  • Full Address: 1114 S Busse Rd
  • Legal Unit: 8
  • Address - House Number: 1114
  • Street Direction: S
  • Address - Street Name: Busse
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C070
  • 4-Digit Zip Code: 4509
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,149
  • Tax Rate Code Area: 16048

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 357,169
  • High Value: 430,230
  • Low Value: 284,108

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $76,860
  • Market Improvement Value: $203,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $7,686
  • Assessed Improvements Value: $20,314

    Sales

  • Current Sale Contract Date: Jul 16, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Transaction ID: 11791488209
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2028207004
  • Previous Sale Recording Date: Nov 08, 2012
  • Previous Sale Contract Date: Oct 11, 2012
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Oct 08, 2020
  • First Mortgage Loan Amount: $224,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FREEDOM MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 08, 2012
  • Previous Mortgage Loan Amount: $250,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2042



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,306 ft²
$243/ft²
$317,000 Jun 6, 2020
-
$836/mo
House
2 Beds
2 Baths
1,200 ft²
$200/ft²
$240,000 Jul 15, 2023
-
$426/mo

About Mount Prospect


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Frequently Asked Questions

When was property at 1114 South Busse Road built and last sold?
The property at 1114 South Busse Road was built in 1970 and last sold on Jul 16, 2020 for $280,000.
How much is this home worth?
The estimated value of the home located at 1114 South Busse Road is $304,169.
What are some comparable homes to 1114 South Busse Road?
There are currently no comparable homes to 1114 South Busse Road.

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