NOT LISTED FOR SALE

2645 Elder Ln Franklin Park, IL 60131

Estimated Value: $280,000 - $309,000

2 Beds
1 Bath
970 Sq Ft
$305/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $246,000 $254 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,902/month

6 Days on Market

Highlights

  • Georgian Architecture
  • 1 Car Detached Garage
  • Laundry Room
  • East Leyden High School Rated A-
  • Patio
  • Central Air

About This Home

As of March 2023

Meticulously maintained Georgian in Franklin Park. Upon entry you will find the spacious living room featuring hardwood flooring. The separate dining room boasts hardwood flooring, a gorgeous chandelier and a large window allowing for plenty of natural sunlight to stream in. Adjacent to the dining room, you will find the kitchen which comes complete with white cabinetry and appliances and a breakfast bar with pass thru to the dining room. Make your way to the 2nd level where the two bedrooms are located and have hardwood flooring and ample closet space. The lower level features a recreation room, the utility/laundry room and plenty of storage. Entertain in your large backyard completely fenced in. Roof replaced in 2008.

Last Agent to Sell the Property

Melissa Vasic

Coldwell Banker Realty License #475122745 Listed on: 02/15/2023

Coldwell Banker Realty

Last Buyer's Agent

Alexa Livadic

Kale Realty License #475179055

Kale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,055

Year Built

  • Built in 1945

Lot Details

  • 5,837 Sq Ft Lot
  • Lot Dimensions are 45x130
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

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

Interior Spaces

  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Pietrini Elementary School
  • Hester Junior High School
  • East Leyden High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,055

Year Built

Built in 1945

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: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • 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
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Pietrini Elementary School
  • High School: East Leyden High School
  • Middle/Junior School: Hester Junior High School

Lot Info

  • Lot Size Acres: 0.134
  • Lot Dimensions: 45X130
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4054.99
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 15, 2023
Sold by
Vinasco Alonso L and Vinasco Zaida I
Bought by
Martinez Carlos A
Seller's Agent
Melissa Vasic
Coldwell Banker Realty
Buyer's Agent
Alexa Livadic
Kale Realty
List Price
$245,000
Sold Price
$246,000
Premium/Discount to List
$1,000
0.41%
Views
96
Current Estimated Value
$295,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,507
Avg. Annual Appreciation
6.92%
Original Mortgage
$233,700
Outstanding Balance
$227,440
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$68,067

Purchase Details

Closed on
Jun 30, 2003
Sold by
Corral Baldemar
Bought by
Vinasco Alonso L and Gonzalez Zaida I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 19, 2002
Sold by
Riedel Wendy V
Bought by
Corral Baldemar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,219
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 1998
Sold by
Knapp Stephen R and Knapp Geraldine R
Bought by
Reidel Wendy V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Carlos A $246,000 None Listed On Document
Vinasco Alonso L $205,000 Multiple
Corral Baldemar $180,000 --
Reidel Wendy V $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Carlos A $233,700
Previous Owner Vinasco Alonso L $194,750
Previous Owner Corral Baldemar $177,219
Previous Owner Reidel Wendy V $111,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $246,000 +0.4% $254 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $245,000 -- $253 / 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 $4,247 $20,001 $4,388 $15,613
2023 $4,342 $20,001 $4,388 $15,613
2022 $4,342 $20,001 $4,388 $15,613
2021 $4,055 $16,358 $3,510 $12,848
2020 $4,013 $16,358 $3,510 $12,848
2019 $4,202 $18,422 $3,510 $14,912
2018 $3,335 $14,565 $2,925 $11,640
2017 $3,329 $14,565 $2,925 $11,640
2016 $3,754 $14,565 $2,925 $11,640
2015 $3,878 $14,540 $2,632 $11,908
2014 $3,815 $14,540 $2,632 $11,908
2013 $3,493 $14,540 $2,632 $11,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11712448

Midwest Real Estate Data (MRED)

APN: 12-28-407-038-0000