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Mount Prospect 60056
1126 Thomas More Terrace
$499,800
● House - Off Market

1126 Thomas More Terrace

Mount Prospect, IL 60056
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,815 Ft²
$540,714
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

BEAUTIFUL BRICK 28 YR OLD COLONIAL HOME WITH NEARLY 3000 SQ FT OF LIVING SPACE. PROPERTY FEATURES 4 BEDROOMS, 2.5 BATHROOMS AND A 2 CAR ATTACHED GARAGE. DISTINGUISHED HOME FEATURES 2 STY FOYER, SPACIOUS MASTER SUITE FEATURES ULTRA BATH W/WHIRLPOOL TUB & SEPARATE SHOWER. FULL FINISHED BSMT W/ENORMOUS REC RM WITHIN WALKING DISTANCE OF SHOPPING & PUBLIC TRANSPORTATION!
Unit Size
2,815 Ft²
Days on Market
-
Land Size
-
Price per sqft
$178
Property Type
House
Property Taxes
$935
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11276870)

Price History

Date / Event Date Event Price
Jan 11, 2022 Sold
Premium
Sold
Nov 26, 2021 Listed by RE/MAX Fidelity $499,900
Listed by RE/MAX Fidelity

Property Highlights

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,815
  • Gross Building Area: 2,815
  • Building Area: 2,815
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,815
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THOMAS HOME
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802701

Geography

  • District: 38
  • Parcel: 03-27-302-038-0000
  • Lot: 6
  • Meridian: SEC 27 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0869
  • Longitude: -87.9434

    Address

  • Full Address: 1126 Thomas More Ter
  • Address - House Number: 1126
  • Address - Street Name: Thomas More
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C082
  • 4-Digit Zip Code: 1021
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,189,919
  • Tax Rate Code Area: 38067

    Appraisal Valuation

  • Standard Deviation: 0.1989
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 565,525
  • High Value: 678,039
  • Low Value: 453,012

    Market Valuation

  • Market Total Value: $470,000
  • Market Land Value: $32,500
  • Market Improvement Value: $437,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,000
  • Assessed Land Value: $3,250
  • Assessed Improvements Value: $43,750

    Sales

  • Current Sale Contract Date: Jan 04, 2022
  • Current Sale Recording Date: Jan 19, 2022
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2201917077
  • Previous Sale Recording Date: Jan 10, 2007
  • Previous Sale Contract Date: Dec 15, 2006
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mount Prospect

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$266

Below Asking

0.01%

Average Days on Market

39

Average Home Size

1850 ft²

Average Home Age

56.8 years

Currently For Sale

74 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Angel Aguilar, RE/MAX Fidelity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11276870
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1126 Thomas Moore Terrace built and last sold?
The property at 1126 Thomas Moore Terrace was built in 1992 and last sold on Jan 4, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 1126 Thomas Moore Terrace is $0.
What are some comparable homes to 1126 Thomas Moore Terrace?
There are currently no comparable homes to 1126 Thomas Moore Terrace.
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