See Home Value
Mount Prospect 60056
1821 W Palm Drive
$460,000
● House - Off Market

1821 W Palm Drive

Mount Prospect, IL 60056
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,408 Ft²
$2,975
Est. Monthly
7.65%
Cap Rate

About This Property

Discover the epitome of suburban living in this immaculate single-family home located in this highly sought-after Mount Prospect neighborhood. Boasting four bedrooms and two and a half baths spread across three levels, this residence offers a spacious layout ideal for both relaxation and entertainment. All four bedrooms are conveniently situated on the upper level, providing privacy and ease of access. Park with ease in the attached two-car garage before entering the expansive interior, featuring two inviting living spaces and a formal dining room, perfect for hosting gatherings of any size. The heart of the home lies in the large eat-in kitchen, where culinary delights are prepared with ease amidst ample counter and storage space. With 2408 square feet of living space, plus an additional 431 square feet of unfinished basement, there's no shortage of room to grow. Enjoy modern comforts such as new AC and windows, ensuring year-round comfort and efficiency. Retreat to the luxurious primary bedroom complete with an ensuite bathroom and a spacious walk-in closet, offering a tranquil haven at the end of each day. Outside, the sizable backyard beckons for outdoor activities and relaxation. Nestled in a prime Mount Prospect location, this home combines suburban charm with urban convenience, promising a lifestyle of comfort and convenience for years to come.
Unit Size
2,408 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$191
Property Type
House
Property Taxes
$716
HOA Dues
-
Year Built
1972

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Last updated: 3 years ago (MRED MLS #11987832)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold
Sold
Feb 28, 2024 Listed by Compass $460,000
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • 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: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,216
  • Gross Building Area: 2,216
  • Building Area: 2,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELK RIDGE VILLA UNIT7
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (ELK) (RIDGE) VILLA (UNIT7) SUB OF PT OF LT 5 IN DIVI SION OF LOUIS F BUSSES FARM BEING NE EXCEPT W 686.4FT OF NW OF SAID NE

Neighborhood

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

Geography

  • District: 16
  • Parcel: 08-15-209-006-0000
  • Lot: 5
  • Meridian: SEC 15 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0466
  • Longitude: -87.9672

    Address

  • Full Address: 1821 W Palm Dr
  • Legal Unit: 7
  • Address - House Number: 1821
  • Street Direction: W
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C060
  • 4-Digit Zip Code: 4401
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $900,650
  • Tax Rate Code Area: 16048

    Appraisal Valuation

  • Standard Deviation: 0.1007
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 90
  • Final Value: 453,777
  • High Value: 499,499
  • Low Value: 408,055

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $75,600
  • Market Improvement Value: $284,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $7,560
  • Assessed Improvements Value: $28,440

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2032307189
  • Previous Sale Recording Date: Mar 31, 1994
  • Previous Sale Contract Date: Mar 28, 1994
  • Previous Sale Amount: $108,333
  • 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

Comparables

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

About Mount Prospect


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Frequently Asked Questions

When was property at 1821 West Palm Drive built and last sold?
The property at 1821 West Palm Drive was built in 1972 and last sold on Sep 4, 2020 for $315,000.
How much is this home worth?
The estimated value of the home located at 1821 West Palm Drive is $0.
What are some comparable homes to 1821 West Palm Drive?
There are currently no comparable homes to 1821 West Palm Drive.