NOT LISTED FOR SALE

2554 Oak St Franklin Park, IL 60131

Estimated Value: $315,000 - $354,000

2 Beds
1 Bath
873 Sq Ft
$389/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $97,000 $111 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $2,374/month

13 Days on Market

Highlights

  • Cottage
  • Detached Garage
  • Senior Tax Exemptions
  • East Leyden High School Rated A-
  • Forced Air Heating System
  • East or West Exposure

About This Home

As of March 2017

Sold as-is, where is,the buyer will be responsible for any and all city requirements for sale. Use due diligence and verify any info with Franklin Park. The house will need complete gut rehab: mechanicals are original to house construction 1952, there might also be plumbing pipes damage. Submit highest and best offers, cash only due to the house's condition.

Last Agent to Sell the Property

Charles Nicholson

Nicholson Real Estate Inc. License #471006150 Listed on: 12/14/2016

Last Buyer's Agent

Donna Raven

The Agency X License #475103894

The Agency X

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,865

Year Built

  • 1952

Lot Details

  • 4,356

Parking

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

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Utilities

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

Additional Features

  • Partial Basement
  • East or West Exposure

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,865

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Cottage
  • Type Detached: Split Level
  • Estimated Year Built: 1952
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 14X14, On Level: Main Level, Flooring: Ceramic Tile
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: 2nd Level
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level
  • Estimated Sq Ft: 873
  • Family Room: Dimensions: 14X14, On Level: Basement, Flooring: Vinyl

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: E (East)
  • Acreage: 0.1004

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

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

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 212
  • Junior High Dist: 84

Lot Info

  • Lot Dimensions: 4375
  • Parcel Identification Number: 12274080270000

Tax Info

  • Taxes: 4142.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2017
Sold by
Chlaimoun Gabriel and Hansen Tracey
Bought by
Gomez Beatriz Montes and Gomez Jose
Current Estimated Value
$339,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,725
Outstanding Balance
$196,926
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$142,962

Purchase Details

Listed on
Dec 14, 2016
Closed on
Mar 13, 2017
Sold by
Poulakos Connie
Bought by
Chlaimoun Gabriel and Hansen Tracey
Seller's Agent
Charles Nicholson
Nicholson Real Estate Inc.
Buyer's Agent
Donna Raven
The Agency X
List Price
$99,999
Sold Price
$97,000
Premium/Discount to List
-$2,999
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%
Original Mortgage
$11,800
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Gomez Beatriz Montes $236,000 Greater Metropolitan Title L
Chlaimoun Gabriel $97,000 Heritage Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Beatriz Montes $231,725
Previous Owner Chlaimoun Gabriel $11,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2017 03/29/17 Sold $97,000 +2.1% $111 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
12/19/2016 12/19/16 Price Changed $94,999 -5.0% $109 / Sq Ft
12/14/2016 12/14/16 For Sale $99,999 -- $115 / 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 $6,865 $26,001 $3,938 $22,063
2023 $7,083 $26,001 $3,938 $22,063
2022 $7,083 $26,001 $3,938 $22,063
2021 $6,345 $19,547 $2,843 $16,704
2020 $6,125 $19,547 $2,843 $16,704
2019 $6,400 $22,087 $2,843 $19,244
2018 $4,982 $15,955 $2,406 $13,549
2017 $5,511 $17,432 $2,406 $15,026
2016 $6,363 $17,432 $2,406 $15,026
2015 $4,355 $15,777 $2,187 $13,590
2014 $4,143 $15,777 $2,187 $13,590
2013 $3,270 $15,777 $2,187 $13,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09404696

Midwest Real Estate Data (MRED)

APN: 12-27-408-027-0000