NOT LISTED FOR SALE

1500 Franklin Ave River Forest, IL 60305

Estimated Value: $1,034,328 - $1,095,000

3 Beds
3.5 Baths
2,457 Sq Ft
$433/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $900,000 $366 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,468/month

Highlights

  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry Room
  • Willard Elementary School Rated A
  • 2 Car Attached Garage
  • 3-minute walk to Constitution Park

About This Home

As of September 2022

This home is located at 1500 Franklin Ave, River Forest, IL 60305 since 06 July 2022 and is currently estimated at $1,063,332, approximately $432 per square foot. This property was built in 1950. 1500 Franklin Ave is a home located in Cook County with nearby schools including Willard Elementary School, Roosevelt Middle School, and Oak Park and River Forest High School.

Last Agent to Sell the Property

Brian Behan

@properties Christie's International Real Estate License #475175921 Listed on: 07/06/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Brian Behan

@properties Christie's International Real Estate License #475175921 Listed on: 07/06/2022

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,508

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 74x181

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Stone Siding

Interior Spaces

  • 2,457 Sq Ft Home
  • 1.5-Story Property
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Schools

  • Willard Elementary School
  • Roosevelt Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,508

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplaces: 3
  • LivingArea: 2457
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2457
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Basement
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 900000
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Willard Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School
  • Middle/Junior School District: 90

Lot Info

  • Lot Dimensions: 74X181
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 16507.9
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2013
Closed on
Aug 29, 2013
Sold by
Dillon Daniel W
Bought by
Pearson Thomas A and Ross Melanie R
Seller's Agent
Jan Raspatello
@properties Christie's International Real Estate
Buyer's Agent
John Harris
HomesOnline LLC
List Price
$849,000
Sold Price
$820,000
Premium/Discount to List
-$29,000
-3.42%
Current Estimated Value
$1,063,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,332
Avg. Annual Appreciation
2.07%
Original Mortgage
$570,000
Outstanding Balance
$398,559
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$650,326

Purchase Details

Closed on
Nov 30, 2000
Sold by
Dillon Daniel W and Dillon Mary
Bought by
Dillon Daniel W and Daniel W Dillon Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
7.86%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 7, 2000
Sold by
Latz Ann V
Bought by
Dillon Daniel W and Dillon Mary N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
7.86%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 1, 1999
Sold by
Latz Leo J and Latz Ann V
Bought by
Latz Ann V

Purchase Details

Closed on
Jun 1, 1995
Sold by
Domeier Phyllis
Bought by
Latz Leo J and Latz Ann V
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pearson Thomas A $820,000 Cti
Dillon Daniel W -- --
Dillon Daniel W $590,000 Chicago Title Insurance Co
Latz Ann V -- --
Latz Leo J $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Thomas A $570,000
Previous Owner Dillion Daniel W $75,000
Previous Owner Dillon Daniel W $472,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $900,000 0.0% $366 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $900,000 +9.8% $366 / Sq Ft
08/29/2013 08/29/13 Sold $820,000 -3.4% $334 / Sq Ft
07/13/2013 07/13/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $849,000 0.0% $346 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
05/20/2013 05/20/13 Price Changed $849,000 -3.4% $346 / Sq Ft
04/08/2013 04/08/13 For Sale $879,000 -- $358 / 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 $20,082 $73,360 $20,426 $52,934
2023 $16,557 $73,360 $20,426 $52,934
2022 $16,557 $57,429 $17,747 $39,682
2021 $16,824 $57,428 $17,747 $39,681
2020 $16,508 $57,428 $17,747 $39,681
2019 $17,075 $58,431 $16,072 $42,359
2018 $16,162 $58,431 $16,072 $42,359
2017 $16,122 $58,431 $16,072 $42,359
2016 $16,033 $52,337 $13,394 $38,943
2015 $24,322 $76,961 $13,394 $63,567
2014 $22,279 $76,961 $13,394 $63,567
2013 $16,071 $59,586 $13,394 $46,192
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11459517

Midwest Real Estate Data (MRED)

APN: 15-01-104-019-0000