NOT LISTED FOR SALE

261 Franklin Rd Glencoe, IL 60022

Estimated Value: $2,004,000 - $2,630,000

4 Beds
4.5 Baths
5,430 Sq Ft
$419/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $1,600,000 $295 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $15,525/month

12 Days on Market

Highlights

  • In Ground Pool
  • Sauna
  • Family Room with Fireplace
  • West School Rated A
  • Property is near a park
  • 2-minute walk to Ravine Bluffs Park

About This Home

As of June 2021

Beautiful East Glencoe transitional home located in a sought after walk to train location. This 5400 sq foot above grade 4 bedroom, 4.1 half bath home is flooded with natural light and has space in all the right areas. The 1st floor includes custom professional kitchen with huge pantry, full wet bar, dining room, private office with built ins, family room and an incredible 2 story great room that will leave you breathless. The 2nd floor includes a newly renovated master suite with a huge closet and a stunning master bath. 3 additional large bedrooms with ample closet space and 2 additional recently updated bathrooms. The newly renovated lower level includes recreation room, bedroom/work out room, brand new full bath with sauna and a huge storage area. Large driveway has a great parking pad and the side load 2 car garage is 220v ready. Professionally landscaped private yard w/paver patio and amazing in ground pool. The exterior of this home is 100% stucco and the interior is light bright and airy throughout. Walk to train, lake, town, parks & the freshly expanded Green Bay Trail.

Last Listed By

Shaun Raugstad

Coldwell Banker Realty License #475134732 Listed on: 04/22/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,569

Year Built

  • Built in 1991 | Remodeled in 2014

Lot Details

  • 0.35

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,430 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Vaulted Ceiling
  • Skylights
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Sauna
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Brick Porch or Patio

Schools

  • South Elementary School
  • Central Middle School
  • New Trier Twp High School Northfield/Wi

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Multiple Water Heaters

Additional Features

  • Paved or Partially Paved Lot
  • Property is near a park

Community Details

  • East Glencoe Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,569

Year Built

Built in 1991 | Remodeled in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: East Glencoe
  • Year Built: 1991
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood, Gas Cooktop
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Double Sided, Gas Log, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Sauna/Steam Room, Bar-Wet, Hardwood Floors, 1st Floor Laundry, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • LivingArea: 5430
  • Other Equipment: Humidifier, Multiple Water Heaters
  • Room Type: Office, Recreation Room, Bedroom 5, Breakfast Room, Storage, Walk In Closet, Pantry, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Attic: Full,Unfinished

Exterior Features

  • ExteriorFeatures: Patio, Brick Paver Patio, Pool In-Ground
  • Foundation Details: Concrete Perimeter
  • List Price: 1650000
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air, Zoned
  • Electric: Fuses, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: South Elementary School
  • High School: New Trier Twp H.S. Northfield/Wi
  • Middle/Junior School: Central School
  • Middle/Junior School District: 35
  • Elementary School #2: West School

Lot Info

  • Lot Dimensions: 0
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 35569
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 21, 2021
Sold by
Bradford David and David Bradford Revocable Trust
Bought by
Kabot Brian M and Kabot Kimberly
Seller's Agent
Shaun Raugstad
Coldwell Banker Realty
Buyer's Agent
Vittoria Logli
@properties Christie's International Real Estate
Sold Price
$1,600,000
Total Days on Market
12
Current Estimated Value
$2,274,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,360
Avg. Annual Appreciation
8.15%
Original Mortgage
$1,200,000
Outstanding Balance
$1,095,451
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,074,917

Purchase Details

Closed on
Nov 18, 2017
Sold by
Bradford David and Bradford Cheryl
Bought by
Bradford David and David Bradford Revocable Trust

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
Kabot Brian M $1,600,000 First American Title
Bradford David -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kabot Brian M $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $1,600,000 -3.0% $295 / Sq Ft
05/06/2021 05/06/21 For Sale -- -- --
05/04/2021 05/04/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $1,650,000 -- $304 / 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 $34,990 $153,000 $33,554 $119,446
2023 $34,990 $153,000 $33,554 $119,446
2022 $34,990 $153,000 $33,554 $119,446
2021 $38,276 $139,500 $32,029 $107,471
2020 $37,274 $139,500 $32,029 $107,471
2019 $35,569 $150,000 $32,029 $117,971
2018 $35,161 $144,500 $27,453 $117,047
2017 $34,854 $144,500 $27,453 $117,047
2016 $34,203 $150,000 $27,453 $122,547
2015 $36,367 $141,473 $23,259 $118,214
2014 $35,482 $141,473 $23,259 $118,214
2013 $33,831 $141,473 $23,259 $118,214
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11011623

Midwest Real Estate Data (MRED)

APN: 05-06-303-019-0000