NOT LISTED FOR SALE

2507 Oak St Franklin Park, IL 60131

Estimated Value: $389,000 - $398,575

4 Beds
3 Baths
1,425 Sq Ft
$277/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $310,000 $218 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,886/month

4 Days on Market

Highlights

  • Recreation Room
  • Detached Garage
  • 4-minute walk to Latoria Park
  • East Leyden High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

Beautiful 4 bed, 2.5 bath move-in ready home in highly sought after Franklin Park neighborhood with NEW roof and French gutters in 2017! Hardwood floors throughout the open concept first floor! Enjoy cooking in this wonderful kitchen with granite countertops and stainless steel appliances. Partial finished basement with half bath perfect for entertaining and recreation. Protect your cars this winter with a 2-car detached garage. Features newer furnace and water heater! Near shopping, dining, and public transport. And rejoice in a bike ride or jog through the nearby forest preserves! Come visit!

Last Agent to Sell the Property

Jonathan Ramos

xr realty License #475180615 Listed on: 09/25/2020

Last Buyer's Agent

Paul Cesarz

Chicagoland Brokers, Inc. License #475157596

Chicagoland Brokers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,777

Year Built

  • 1951

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Recreation Room

Partially Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $8,207 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,777

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1951
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 9X11, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 10X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 18X14, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 8X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X15, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1425

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Acreage: 0.1

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 840

Schools

  • School District: 212
  • Junior High Dist: 84

Lot Info

  • Lot Dimensions: 4375
  • Parcel Identification Number: 12274090210000

Tax Info

  • Taxes: 5669.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 25, 2020
Sold by
Hutchings Denice H
Bought by
Uribe Roberto C
Seller's Agent
Jonathan Ramos
xr realty
Buyer's Agent
Paul Cesarz
Chicagoland Brokers, Inc.
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Current Estimated Value
$393,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,541
Avg. Annual Appreciation
4.22%
Original Mortgage
$304,385
Outstanding Balance
$273,032
Interest Rate
2.87%
Mortgage Type
FHA
Estimated Equity
$103,478

Purchase Details

Closed on
Apr 18, 2017
Sold by
Desalvo Scott
Bought by
Hutchings Denice H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,508
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 27, 2016
Closed on
Oct 7, 2016
Sold by
Marys Lane Llc
Bought by
Desalvo Scott
Seller's Agent
Anthony Trotto
Anthony J.Trotto Real Estate
Buyer's Agent
Christian Chase
Chase Real Estate LLC
List Price
$205,000
Sold Price
$161,389
Premium/Discount to List
-$43,611
-21.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%

Purchase Details

Closed on
Feb 19, 2016
Sold by
Goldman Sachs Mortgage Co
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Apr 19, 2012
Sold by
Oxford Bank & Trust
Bought by
Goldman Sachs Mortgage Co

Purchase Details

Closed on
Oct 16, 2008
Sold by
Messino Joseph and Malliaras Olivia
Bought by
Oxford Bank & Trust and Trust #1339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,023
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2008
Sold by
Oxford Bank & Trust
Bought by
Messino Joseph and Malliaras Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,023
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2007
Sold by
Messino Joseph
Bought by
Oxford Bank & Trust and Trust #1339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 19, 2007
Sold by
Oxford Bank & Trust
Bought by
Messino Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 17, 2006
Sold by
Messino Joseph
Bought by
Oxford Bank & Trust and Trust #1339

Purchase Details

Closed on
Jul 28, 2005
Sold by
Morrone Pino
Bought by
Messino Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,800
Interest Rate
8.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2001
Sold by
Benedetti Harry H and Benedetti Raffaela M
Bought by
Morrone Pino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Uribe Roberto C $310,000 Saturn Title Llc
Hutchings Denice H $248,000 Lakeland Title Services
Desalvo Scott -- Lakeland Title Services
Marys Lane Llc -- Lakeland Title Services
The Secretary Of Hud -- Attorney
Goldman Sachs Mortgage Co -- None Available
Oxford Bank & Trust -- None Available
Messino Joseph -- None Available
Oxford Bank & Trust -- None Available
Messino Joseph M -- Premier Title
Oxford Bank & Trust -- None Available
Messino Joseph M $304,000 Premier Title
Morrone Pino $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uribe Roberto C $46,262
Closed Uribe Roberto C $25,672
Open Uribe Roberto C $304,385
Previous Owner Hutchings Denice H $243,508
Previous Owner Messino Joseph $323,023
Previous Owner Messino Joseph M $300,000
Previous Owner Messino Joseph M $288,800
Previous Owner Morrone Pino $175,800
Previous Owner Morrone Pino $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $310,000 +3.4% $218 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $299,900 +85.8% $210 / Sq Ft
10/07/2016 10/07/16 Sold $161,389 0.0% $113 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
08/19/2016 08/19/16 Off Market $161,389 -- --
08/17/2016 08/17/16 Price Changed $184,500 -10.0% $129 / Sq Ft
06/27/2016 06/27/16 For Sale $205,000 -- $144 / 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 $8,777 $25,397 $4,594 $20,803
2023 $9,096 $29,000 $4,594 $24,406
2022 $9,096 $29,000 $4,594 $24,406
2021 $6,895 $17,622 $3,281 $14,341
2020 $5,408 $17,622 $3,281 $14,341
2019 $5,670 $19,958 $3,281 $16,677
2018 $6,753 $20,404 $2,843 $17,561
2017 $7,287 $18,585 $2,843 $15,742
2016 $6,537 $20,404 $2,843 $17,561
2015 $6,090 $18,396 $2,515 $15,881
2014 $5,957 $18,396 $2,515 $15,881
2013 $5,489 $18,396 $2,515 $15,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10882854

Midwest Real Estate Data (MRED)

APN: 12-27-409-021-0000