NOT LISTED FOR SALE

2532 Elder Ln Franklin Park, IL 60131

Estimated Value: $276,000 - $303,000

2 Beds
2 Baths
970 Sq Ft
$297/Sq Ft Est. Value

About This Home

This home is located at 2532 Elder Ln, Franklin Park, IL 60131 and is currently estimated at $287,693, approximately $296 per square foot. 2532 Elder Ln is a home located in Cook County with nearby schools including Dan H Pietrini Elementary School, Hester Jr High School, and East Leyden High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2010
Sold by
Akel Ahmad
Bought by
Velazquez Melvin J and Velazquez Jori
Current Estimated Value
$287,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,073
Outstanding Balance
$97,155
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$182,730

Purchase Details

Closed on
Mar 9, 2010
Sold by
Fannie Mae
Bought by
Akel Ahmad

Purchase Details

Closed on
Sep 29, 2009
Sold by
Zyn Grzegorz and Zyn Izolda
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 19, 2006
Sold by
Tobler Andrew J
Bought by
Zyn Grzegorz and Zyn Izolda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
8.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 26, 1998
Sold by
Karschnick William C
Bought by
Tobler Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
7.27%

Purchase Details

Closed on
Mar 3, 1997
Sold by
Karschnick Catherine Stjean and Karschnick William C
Bought by
Karschnick William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,284
Interest Rate
7.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 31, 1994
Sold by
Neumann Anna
Bought by
Karschnick William C and Karschnick Catherine St Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,350
Interest Rate
7.31%
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.

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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.

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First American

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Quantarium

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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
Velazquez Melvin J $145,000 None Available
Akel Ahmad $72,500 Fatic
Federal National Mortgage Association -- None Available
Zyn Grzegorz $262,000 Multiple
Tobler Andrew J $122,500 --
Karschnick William C -- --
Karschnick William C $102,500 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Melvin J $143,073
Previous Owner Zyn Grzegorz $217,500
Previous Owner Zyn Grzegorz $209,600
Previous Owner Tobler Andrew J $131,000
Previous Owner Tobler Andrew J $104,000
Previous Owner Tobler Andrew J $110,250
Previous Owner Karschnick William C $96,284
Previous Owner Karschnick William C $97,350
Source: Public Records

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 $4,050 $16,950
2023 $5,514 $21,000 $4,050 $16,950
2022 $5,514 $21,000 $4,050 $16,950
2021 $5,530 $17,464 $3,240 $14,224
2020 $5,349 $17,464 $3,240 $14,224
2019 $5,570 $19,667 $3,240 $16,427
2018 $4,444 $14,602 $2,700 $11,902
2017 $4,972 $16,057 $2,700 $13,357
2016 $4,950 $16,057 $2,700 $13,357
2015 $4,668 $14,714 $2,430 $12,284
2014 $4,571 $14,714 $2,430 $12,284
2013 $4,207 $14,714 $2,430 $12,284
Source: Public Records

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