NOT LISTED FOR SALE

2520 Elder Ln Franklin Park, IL 60131

Estimated Value: $263,000 - $291,893

2 Beds
1 Bath
970 Sq Ft
$287/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $240,000 $247 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,963/month

104 Days on Market

Highlights

  • Property is near a park
  • Recreation Room
  • Wood Flooring
  • East Leyden High School Rated A-
  • Georgian Architecture
  • Community Pool

About This Home

As of November 2023

Clean 2 story brick home offers 2 bedrooms, full basement. Full bath on 2nd story. 2 nice size bedrooms. Hardwood floors in most rooms. Galley style step-saver kitchen area off dining room. Rec room in partially finished basement. Newer GFA& Central air, 2021. Ready to move into. Side driveway to 1 1/2 car garage. Fenced yard. Selling As-Is. All appliances working but As-Is, no warranties. Ready for new owners. Functional and ready to move into. FRANKLIN PARK PRE INSPECTION REQUIREMENTS ARE COMPLETED & UP TO CODE. No further requirements. Owner offering $2,000 credit toward buyers Closing Costs.

Last Agent to Sell the Property

Ben Cocogliato

RCI Real Estate Group License #471006837 Listed on: 06/30/2023

Last Buyer's Agent

John Debaz

Coldwell Banker License #475103035

Coldwell Banker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,738

Year Built

  • Built in 1948

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45x113x45x109
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 970 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near a park

Schools

  • East Leyden High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Community Details

  • Community Pool

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,738

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1948
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Flood Zone (Partial)
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • LivingArea: 970
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Window Features: All
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 254900
  • Lot Features: Fenced Yard, Sidewalks
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: East Leyden High School
  • Middle/Junior School District: 84

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 45X113X45X109
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5738
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

MLS Schools

  • Other Public Sch Dist: 504
  • Othr Public Sch: Triton College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Nov 7, 2023
Sold by
Zych Michael E
Bought by
Syvertsen Thomas M and Severino Alyssa D
Seller's Agent
Ben Cocogliato
RCI Real Estate Group
Buyer's Agent
John Debaz
Coldwell Banker
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Views
661
Current Estimated Value
$278,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,473
Avg. Annual Appreciation
6.38%
Original Mortgage
$232,800
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2004
Sold by
Zych Irene and Zych Michael
Bought by
Zych Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Syvertsen Thomas M $240,000 Premier Title
Zych Michael E -- Lawyers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Severino Alyssa D $235,500
Closed Syvertsen Thomas M $232,800
Previous Owner Zych Michael E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $240,000 -5.8% $247 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
08/19/2023 08/19/23 Price Changed $254,900 -1.9% $263 / Sq Ft
06/30/2023 06/30/23 For Sale $259,900 -- $268 / 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 $5,352 $21,000 $3,746 $17,254
2023 $5,514 $21,000 $3,746 $17,254
2022 $5,514 $21,000 $3,746 $17,254
2021 $5,739 $17,997 $2,997 $15,000
2020 $5,548 $17,997 $2,997 $15,000
2019 $5,512 $19,499 $2,997 $16,502
2018 $4,930 $15,825 $2,497 $13,328
2017 $4,881 $15,825 $2,497 $13,328
2016 $4,865 $15,825 $2,497 $13,328
2015 $4,523 $14,338 $2,247 $12,091
2014 $4,429 $14,338 $2,247 $12,091
2013 $4,076 $14,338 $2,247 $12,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11820915

Midwest Real Estate Data (MRED)

APN: 12-28-409-035-0000