See Home Value
$450,000
● House - Off Market

231 Mandel Lane

Prospect Heights, IL 60070
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,600 Ft²
$2,956
Est. Monthly
6.40%
Cap Rate

About This Property

This charming 3+1 bedroom, 3 bathroom home has been completely remodeled with contemporary design finishes throughout! The home offers an entire updated interior including a spacious, open floor layout with newly finished hardwood floors and skylights that bask the home with ample amounts of natural light! The updated kitchen features thoughtful finishes that include white cabinetry blended with sleek granite countertops and stainless steel appliances! Full finished basement with a bar, big jacuzzi , sauna and gas fireplace. New A/C (2024), new roof (2023). new water heater (2024). The exterior of the home offers a big deck, a fenced backyard and  a large rear-yard brick paver patio with pergola -ideal for entertaining! Mature fruit trees (apples, cherry and peaches). The home also includes an detached garage 2.5 cars with brick paver driveway! This home is centrally located near beautiful parks, forest preserves, great schools, and plenty of entertainment-including shopping and restaurants! With easy access to expressways, the METRA station with walking distance. Agent owned.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$287
Property Type
House
Property Taxes
$697
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12151307)

Price History

Date / Event Date Event Price
Oct 15, 2024 Sold
Sold
Sep 14, 2024 In contract -
In contract
Aug 29, 2024 Listed by Hometown Real Estate $459,900
Listed by Hometown Real Estate
Aug 28, 2024 No longer available -
No longer available
Jul 28, 2024 In contract -
In contract
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • 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: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,595
  • Lot Size Depth Feet: 2,080
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 1,197
  • Gross Building Area: 1,197
  • Building Area: 1,197
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,197
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FEUERBORNS FARMETTES
  • Land Acres: 0000000496
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (FEUERBORNS)(FARMETTES) SUB OF PT EH SE SEC23 & PT WH SW SEC24 WH SW SEC 24-42-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802610

Geography

  • District: 38
  • Parcel: 03-24-303-001-0000
  • Block: 1
  • Lot: 60
  • Meridian: SEC 24 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1021
  • Longitude: -87.9054

    Address

  • Full Address: 231 Mandel Ln
  • Address - House Number: 231
  • Address - Street Name: Mandel
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Prospect Heights
  • Carrier Code: C029
  • 4-Digit Zip Code: 1747
  • Zip Code: 60070

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $795,121
  • Tax Rate Code Area: 38153

    Appraisal Valuation

  • Standard Deviation: 0.2063
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 356,194
  • High Value: 429,706
  • Low Value: 282,682

    Market Valuation

  • Market Total Value: $269,970
  • Market Land Value: $134,970
  • Market Improvement Value: $135,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,997
  • Assessed Land Value: $13,497
  • Assessed Improvements Value: $13,500

    Sales

  • Current Sale Contract Date: Jun 01, 2005
  • Current Sale Recording Date: Aug 16, 2005
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 0522846082
  • Previous Sale Recording Date: Oct 08, 1993
  • Previous Sale Contract Date: Oct 01, 1993
  • Previous Sale Document Type: 41

    Financing

  • First Mortgage Financing Type: ADJ
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 Prospect Heights


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 209 N Stevenson Lane, Mount Prospect, IL, 60056

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,195 ft²
209 N Stevenson Lane, Mount Prospect, IL, 60056 Listing by Vencie Luna


Frequently Asked Questions

When was property at 231 Mandel Lane built and last sold?
The property at 231 Mandel Lane was built in 1957 and last sold on Jun 1, 2005 for $311,000.
How much is this home worth?
The estimated value of the home located at 231 Mandel Lane is $461,423.
What are some comparable homes to 231 Mandel Lane?
There are currently no comparable homes to 231 Mandel Lane.