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Mount Prospect 60056
1706 W Pheasant Trail
$335,000
● House - Off Market

1706 W Pheasant Trail

Mount Prospect, IL 60056
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,307 Ft²
$363,453
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Brick single family in Mount Prospect. Open and spacious layout with addition full bath on lower level. Incredible opportunity to bring in your own ideas and make this home your own! Hardwood floors and kitchen with all stainless-steel appliances. Large concrete patio and attached 2 car garage! Close to all accommodations including schools, parks, shops, restaurants and more!
Unit Size
1,307 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$252
Property Type
House
Property Taxes
$591
HOA Dues
-
Year Built
1967

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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 #11252515)

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold
Premium
Sold
Oct 21, 2021 Listed by Grandview Realty, LLC $329,900
Listed by Grandview Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,560
  • Total Building Area: 1,307
  • Gross Building Area: 1,307
  • Building Area: 1,307
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,307
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELK RIDGE VILLA UNIT6
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (ELK) (RIDGE) VILLA (UNIT6) SUB OF LT1 & PT LT2 IN ED WARD BUSSES DIVN OF SE SEC 15-41-11

Neighborhood

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

Geography

  • District: 16
  • Parcel: 08-15-410-019-0000
  • Lot: 1,2
  • Meridian: SEC 15 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0421
  • Longitude: -87.9618

    Address

  • Full Address: 1706 W Pheasant Trl
  • Legal Unit: 6
  • Address - House Number: 1706
  • Street Direction: W
  • Address - Street Name: Pheasant
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C054
  • 4-Digit Zip Code: 4555
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $696,591
  • Tax Rate Code Area: 16048

    Appraisal Valuation

  • Standard Deviation: 0.2277
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 396,444
  • High Value: 486,729
  • Low Value: 306,160

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $79,380
  • Market Improvement Value: $260,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $7,938
  • Assessed Improvements Value: $26,062

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2134928288
  • Previous Sale Recording Date: Nov 08, 2021
  • Previous Sale Contract Date: Sep 23, 2021
  • Previous Sale Amount: $258,000
  • Previous Sale Document Type: 27

    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:

$453,500

Sale Price/ft²

$266

Below Asking

0.01%

Average Days on Market

39

Average Home Size

1857 ft²

Average Home Age

56.3 years

Currently For Sale

75 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

Unit for rent at 1802 W Willow Lane, Mount Prospect, IL, 60056

$3,700 /mo

  • 4 Beds
  • 2 Baths
1802 W Willow Lane #1802, Mount Prospect, IL, 60056 Listing by Sunil Gupta
Unit for rent at 2042 S Goebbert Road, Arlington Heights, IL, 60005

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,082 ft²
2042 S Goebbert Road, Arlington Heights, IL, 60005 Listing by Ilona Shumov

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Lobrillo, Grandview Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11252515
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 1706 West Pheasant Trail built and last sold?
The property at 1706 West Pheasant Trail was built in 1967 and last sold on Nov 15, 2021 for $335,000.
How much is this home worth?
The estimated value of the home located at 1706 West Pheasant Trail is $0.
What are some comparable homes to 1706 West Pheasant Trail?
There are currently no comparable homes to 1706 West Pheasant Trail.
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