NOT LISTED FOR SALE

1039 Franklin Ave River Forest, IL 60305

Estimated Value: $2,086,001 - $2,404,000

6 Beds
5 Baths
6,100 Sq Ft
$365/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $1,650,000 $270 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $15,776/month

Highlights

  • Heated Floors
  • Recreation Room
  • Mud Room
  • Willard Elementary School Rated A
  • Mediterranean Architecture
  • Home Gym

About This Home

As of January 2016

SOLD BEFORE PROCESSING - Rarely does the prospect present to carry forth the legacy of a landmark home in River Forest. Extraordinary opportunity awaits with a thoughtful blend of history and contemporary function in a Mediterranean estate meticulously renovated with 6 BR, 4 1/2 BA, elegant flowing kitchen, breakfast-family room space, library, formal living, dining, sitting room, finished basement, professionally landscaped, 3 car garage.

Last Agent to Sell the Property

Jamie Hogan

@properties Christie's International Real Estate License #471014375 Listed on: 01/14/2016

@properties   Christie's International Real Estate

Co-Listed By

Greer Haseman

@properties Christie's International Real Estate License #475109657

Last Buyer's Agent

Kelly O'Brien

Coldwell Banker Real Estate Group License #471020751

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,425

Year Built

  • 1928

Lot Details

  • 0.42

Parking

  • Attached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Mediterranean Architecture
  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wet Bar
  • Mud Room
  • Sitting Room
  • Breakfast Room
  • Library
  • Recreation Room
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Heated Floors

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,425

Year Built

1928

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Mediter./Spanish
  • Type Detached: 2 Stories
  • Estimated Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, Heated Floors
  • Number Of Rooms: 15
  • Living Room: Dimensions: 28X20, On Level: Main Level
  • Fireplace Location: Living Room, Master Bedroom, Basement
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 6
  • Dining Room: Dimensions: 20X18, On Level: Main Level
  • Kitchen Type: Dimensions: 19X12, On Level: Main Level
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Breakfast Room, Exercise Room, Library, Mud Room, Recreation Room, Sitting Room
  • Master Bedroom: Dimensions: 23X19, On Level: 2nd Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X11, On Level: 2nd Level
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 12X11, On Level: 2nd Level
  • Bedroom 2: Dimensions: 18X14, On Level: 2nd Level
  • Additional Room 3 Name: Breakfast Rm, Dimensions: 14X11, On Level: Main Level
  • Bedroom 3: Dimensions: 16X12, On Level: 2nd Level
  • Additional Room 4 Name: Library, Dimensions: 12X11, On Level: Main Level
  • Bedroom 4: Dimensions: 15X15, On Level: 2nd Level
  • Additional Room 5 Name: Sitting, Dimensions: 12X12, On Level: Main Level
  • Additional Room 6 Name: Recreation Rm, Dimensions: 28X20, On Level: Basement
  • Additional Room 7 Name: Exercise Rm, Dimensions: 20X18, On Level: Basement
  • Additional Room 8 Name: Mud, Dimensions: 12X12, On Level: Main Level
  • Estimated Sq Ft: 6100
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X18, On Level: Main Level

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Tile
  • Exterior Property Features: Patio, Porch

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • School District: 200
  • Elementary School: WILLARD ELEMENTARY SCHOOL
  • Middle School: ROOSEVELT SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 90

Lot Info

  • Lot Dimensions: 100 X 184
  • Parcel Identification Number: 15013100020000

Tax Info

  • Taxes: 28478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Jan 4, 2016
Sold by
Tinkham John R and Tinkham Elizabeth A
Bought by
George Ladale and George Donna
Seller's Agent
Jamie Hogan
@properties Christie's International Real Estate
Buyer's Agent
Kelly O'Brien
Coldwell Banker Real Estate Group
List Price
$1,995,000
Sold Price
$1,650,000
Premium/Discount to List
-$345,000
-17.29%
Current Estimated Value
$2,159,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,623
Avg. Annual Appreciation
2.57%
Original Mortgage
$1,402,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1964
Sold by
Cosmopolitan Bank & Trust
Bought by
Tinkham John R and Tinkham Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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
George Ladale $1,650,000 Prairie Title
Tinkham John R $1,010,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Ladell $1,500,000
Closed George Ladale $1,402,500
Previous Owner Tinkham John $750,000
Previous Owner Tinkham John R $1,178,492
Previous Owner Tinkham John R $720,000
Previous Owner Tinkham Elizabeth A $750,000
Previous Owner Tinkham John R $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold $1,650,000 -17.3% $270 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $1,995,000 -- $327 / 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 $47,425 $159,128 $22,080 $137,048
2023 $33,032 $176,550 $22,080 $154,470
2022 $33,032 $111,465 $19,320 $92,145
2021 $31,839 $105,710 $19,320 $86,390
2020 $31,179 $105,710 $19,320 $86,390
2019 $32,928 $109,498 $17,480 $92,018
2018 $35,222 $123,286 $17,480 $105,806
2017 $43,720 $149,299 $17,480 $131,819
2016 $31,670 $100,944 $14,720 $86,224
2015 $31,072 $100,944 $14,720 $86,224
2014 $28,478 $100,944 $14,720 $86,224
2013 $26,646 $97,066 $14,720 $82,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09116338

Midwest Real Estate Data (MRED)

APN: 15-01-310-002-0000