NOT LISTED FOR SALE

Estimated Value: $1,030,000 - $1,294,000

5 Beds
5.5 Baths
3,836 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $1,100,000 $287 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,483/month

2 Days on Market

Highlights

  • Heated Floors
  • Landscaped Professionally
  • Granite Countertops
  • Williamsburg Elementary School Rated A-
  • Great Room with Fireplace
  • Mud Room

About This Home

As of May 2024

A true Downtown Geneva Gem! Welcome to this luxurious Greek Revival, three story home, located on a charming tree-lined street, minutes from historic South 3rd Street. Custom built in 2005, 10 Franklin stands as a testament to historic traditions while offering all the amenities and style of contemporary living. Before stepping inside, you will appreciate the beautifully manicured yard. Inside you will notice the extraordinary dedication to quality. Magnificent molding adorns every room with exotic and beautiful flooring throughout. The heart of the home is the great room, where natural light cascades through the clerestory windows, illuminating from floor to ceiling the stone fireplace and Brazilian cherry floors. The visual beauty continues to the chef's kitchen with stunning reclaimed pine floors. The kitchen is fully equipped with high-end appliances, a large center island with breakfast bar, and space to create all your savory meals. Adjacent is the hearth room which hosts a spectacular, custom-built mahogany fireplace. The office is floor to ceiling mahogany custom-built by the owner/builder. This includes a wall of bookshelves as well as a built-in desk with shelves above. The beamed ceiling adds more character and decoration to the room. The second floor offers three bedrooms each with a private bath. Two additional bedrooms and one bath are on the third floor. The fully finished basement is equipped with heated floors, a full bathroom, fitness room, separate family room and extra storage. Along with the outstanding details and space, there have been many recent updates, including two new water heaters as well as entire interior and exterior painting completed in August 2023. In addition a room above the garage can be updated for numerous uses. The charm of this home is heightened by its unbeatable location. This home is situated within reach of cafes, shops, dining, and some of Geneva's historical landmarks. Whether enjoying a relaxing night in or indulging in the vibrant local scene, this residence effortlessly combines style, comfort and accessibility!

Last Agent to Sell the Property

Nancy Tegge

Baird & Warner Fox Valley - Geneva License #475183761 Listed on: 03/01/2024

Baird & Warner Fox Valley -  Geneva

Last Buyer's Agent

Shauna Wiet

Miscella Real Estate License #475147379

Miscella Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,294

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 3,836 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Coffered Ceiling
  • Wood Burning Fireplace
  • Fireplace in Hearth Room
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Library
  • Game Room

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Porch

Schools

  • Williamsburg Elementary School
  • Geneva Middle School
  • Geneva Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 400 Amp
  • 100 Amp Service
  • Multiple Water Heaters

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,294

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 3
  • Interior Amenities: Hardwood Floors, Heated Floors, Built-in Features, Walk-In Closet(s), Bookcases, Coffered Ceiling(s), Special Millwork, Granite Counters, Separate Dining Room
  • LivingArea: 3836
  • Other Equipment: Humidifier, Central Vacuum, Multiple Water Heaters
  • Room Type: Bedroom 5, Library, Great Room, Game Room, Foyer, Mud Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Basement,Great Room,Hearth Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 1225000
  • Lot Features: Landscaped, Partial Fencing
  • Waterfront: No
  • Exterior Building Type: Fiber Cement

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service, Service - 400 Amp or Greater
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Williamsburg Elementary School
  • High School: Geneva Community High School
  • Middle/Junior School: Geneva Middle School
  • Middle/Junior School District: 304

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 11047
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 23294.32
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 25, 2024
Sold by
Lockner John and Lockner Joy
Bought by
Servick Joseph C and Servick Jessica T
Seller's Agent
Nancy Tegge
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Shauna Wiet
Miscella Real Estate
List Price
$1,225,000
Sold Price
$1,100,000
Premium/Discount to List
-$125,000
-10.2%
Views
48
Current Estimated Value
$1,200,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,065
Avg. Annual Appreciation
5.60%
Original Mortgage
$766,550
Outstanding Balance
$756,014
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$428,585

Purchase Details

Closed on
Jan 30, 2004
Sold by
Mason Lorraine
Bought by
Lockner John and Lockner Joy
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Servick Joseph C $1,100,000 Chicago Title
Lockner John $308,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Servick Joseph C $766,550
Previous Owner Lockner Joy $248,000
Previous Owner Lockner John T $259,700
Previous Owner Lockner John $250,000
Previous Owner Lockner John $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $1,100,000 -10.2% $287 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $1,225,000 -- $319 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25,063 $337,377 $48,827 $288,550
2023 $24,506 $306,706 $44,388 $262,318
2022 $23,294 $284,990 $41,245 $243,745
2021 $21,581 $274,398 $39,712 $234,686
2020 $21,343 $270,210 $39,106 $231,104
2019 $21,298 $265,094 $38,366 $226,728
2018 $21,268 $265,094 $38,366 $226,728
2017 $21,045 $246,254 $37,343 $208,911
2016 $21,158 $242,926 $36,838 $206,088
2015 -- $230,962 $35,024 $195,938
2014 -- $219,697 $35,024 $184,673
2013 -- $219,697 $35,024 $184,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11994208

Midwest Real Estate Data (MRED)

APN: 12-03-481-011