See Home Value
Mount Prospect 60056
2007 W Mark Terrace
$670,000
● House - Off Market

2007 W Mark Terrace

Mount Prospect, IL 60056
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,051 Ft²
$4,130
Est. Monthly
4.76%
Cap Rate

About This Property

Rare opportunity to own a one of a kind architectural showpiece in highly desirable neighborhood!  Spanning over 4,000 square feet of living space, this 4 bedroom plus office, 3 bathroom home with a unique floor plan, private outdoor oasis, and 4 car garage is an unmatched offering in the area.  The main level floor plan flows from room to room and is perfect for entertaining.  Included is a large living room, formal dining area, eat in kitchen with plentiful cabinet space, a granite island and breakfast bar, and stainless steel appliances, and separate family room with a fireplace and vaulted ceilings.  Also included on the main level is 3 bedrooms, each with exceptional closet space, 2 full bathrooms, and a spacious office. The second floor features a private primary suite with a walk in closet, a bathroom with double vanity and separate shower and tub, and a balcony overlooking the back yard. The basement recreation room adds additional entertaining space and is capable of fitting a sectional couch and pool table and includes a closet with wine storage. The tranquil back yard is one of the highlights of this property, offering an extensive amount of space while also being sheltered from neighboring homes.  The large paver patio with attached grill is located right off the kitchen and acts as an extension of the inside entertaining area.  The wrap around yard offers plenty of green space, provides ample room for gardening, and includes a sprinkler system and shed for extra storage.  A heated attached 4-car garage provides more storage, space for a workshop, and features tall ceilings capable of holding large vehicles and boats.  A backup generator provides additional assurance during power outages.  Located close to forest preserves, Metra stations in Mount Prospect and Arlington Heights, and both 290 and 90 expressways for convenient travel downtown and to shopping and dining in nearby suburbs!
Unit Size
4,051 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$165
Property Type
House
Property Taxes
$840
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12093966)

Price History

Date / Event Date Event Price
Aug 30, 2024 Sold
Sold
Jul 16, 2024 In contract -
In contract
Jul 9, 2024 Relisted $670,000
Relisted
Jul 3, 2024 In contract -
In contract
Jun 27, 2024 Listed by eXp Realty, LLC $670,000
Listed by eXp Realty, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 16,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,908
  • Gross Building Area: 1,908
  • Building Area: 1,908
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,908
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J & R SUB RESUB PT OF LT1 IN OWNERS
  • Land Acres: 0000000367
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (J) & (R) SUB RESUB PT OF LT1 IN OWNERS DIVN SUB OF E X WH OF SW SE SEC 10-41-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805109

Geography

  • District: 16
  • Parcel: 08-10-419-036-0000
  • Lot: 1
  • Meridian: SEC 10 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0563
  • Longitude: -87.9694

    Address

  • Full Address: 2007 W Mark Ter
  • Address - House Number: 2007
  • Street Direction: W
  • Address - Street Name: Mark
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C055
  • 4-Digit Zip Code: 3538
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $965,187
  • Tax Rate Code Area: 16048

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 510,388
  • High Value: 626,930
  • Low Value: 393,846

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $160,000
  • Market Improvement Value: $260,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $26,000

    Sales

  • Current Sale Contract Date: Sep 10, 2013
  • Current Sale Recording Date: Sep 16, 2013
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1325934017

    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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Nearby Rentals

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Unit for rent at 543 S Dunton Avenue, Arlington Heights, IL, 60005

$3,500 /mo

  • 3 Beds
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543 S Dunton Avenue, Arlington Heights, IL, 60005 Listing by Meredith Crantz


Frequently Asked Questions

When was property at 2007 West Mark Terrace built and last sold?
The property at 2007 West Mark Terrace was built in 1951 and last sold on Sep 10, 2013 for $460,000.
How much is this home worth?
The estimated value of the home located at 2007 West Mark Terrace is $700,511.
What are some comparable homes to 2007 West Mark Terrace?
There are currently no comparable homes to 2007 West Mark Terrace.