NOT LISTED FOR SALE

2702 Elder Ln Franklin Park, IL 60131

Estimated Value: $292,000 - $349,000

3 Beds
1.5 Baths
1,080 Sq Ft
$296/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $265,000 $245 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,075/month

23 Days on Market

Highlights

  • Cape Cod Architecture
  • Corner Lot
  • Stainless Steel Appliances
  • East Leyden High School Rated A-
  • Home Office
  • 1 Car Detached Garage

About This Home

As of August 2020

You have to see this totally rehabbed home inside! Top style modern finishes throughout. Kitchen shows off all stainless steel appliances, granite counters and modern white cabinets, with fantastic use of the space including exposed shelving, a matching granite serving bar elegantly finished with a mini-breakfast bar, plus glowing blue-light soffit lights for that extra modern, mood-setting effect. Kitchen opens to the living/dining area, which boasts modern style hardwood flooring. Two spacious hardwood-floor bedrooms on the main level, with a gorgeously finished full bath. Side door off the kitchen hall provides a second, private side-yard exit right by the basement stairs. Second floor features large master bedroom suite with two separate closets and a in-suite half bath, plus a tandem loft for additional living space and an extra closet. Fully finished basement with family room space, additional private office room, and big laundry room. 2 covered parking spaces, one in the detached garage plus one carport. Home sits on a corner lot with plenty of privacy from the beautiful mature trees. Make this gem your home!

Last Agent to Sell the Property

Bogdan Sokolowski

arhome realty License #471000690 Listed on: 06/20/2020

arhome realty

Last Buyer's Agent

Henry Alegria

Shopping Casas Chicago LLC License #471022524

Shopping Casas Chicago LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,218

Year Built

  • Built in 1943

Lot Details

  • Lot Dimensions are 72.3 x 78.5 x 47.9 x 39.1 x 53.4
  • Corner Lot

Parking

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

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1.5-Story Property
  • Combination Dining and Living Room
  • Home Office
  • Tandem Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,218

Year Built

Built in 1943

Lot Details

5,576 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1943
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1080
  • Room Type: Tandem Room, Office
  • 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
  • Bedroom 2 Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Wood Laminate
  • Living Room Flooring: Hardwood
  • MRD_MBB: Half
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 15X10
  • Bedroom 3 Flooring: Hardwood
  • Laundry Flooring: Ceramic Tile
  • Family Room Flooring: Ceramic Tile

Exterior Features

  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Carport
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

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 Dimensions: 72.3 X 78.5 X 47.9 X 39.1 X 53.4
  • 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: 5217.71
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Aug 24, 2020
Sold by
Szafranko Monika
Bought by
Santiago Jose Ruemmele and Pacheco Ana H
Seller's Agent
Bogdan Sokolowski
arhome realty
Buyer's Agent
Henry Alegria
Shopping Casas Chicago LLC
List Price
$264,900
Sold Price
$265,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$319,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,934
Avg. Annual Appreciation
3.48%
Original Mortgage
$257,050
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2019
Sold by
1St Midwest Financial Inc
Bought by
Szafranko Monika

Purchase Details

Closed on
Sep 28, 2018
Sold by
Federal National Mortgage Association
Bought by
1St Midwest Financial Inc

Purchase Details

Closed on
Jul 11, 2002
Sold by
Alkanat Ilyas
Bought by
Marquette Kevin K and Benton Janette D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.7%

Purchase Details

Closed on
Apr 23, 2002
Sold by
Rakauskas Joyce and Baker Donna
Bought by
Alkanat Ilyas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,560
Interest Rate
7.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Santiago Jose Ruemmele $265,000 Saturn Title Llc
Szafranko Monika $120,000 Lakeland Title Services
1St Midwest Financial Inc $74,500 Lakeland Title Services
Marquette Kevin K $189,000 --
Alkanat Ilyas $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santiago Jose Ruemmele $257,050
Previous Owner Marquette Kevin K $147,000
Previous Owner Alkanat Ilyas $105,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2020 08/25/20 Sold $265,000 +2.0% $245 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/08/2020 07/08/20 Price Changed $259,900 -1.9% $241 / Sq Ft
06/20/2020 06/20/20 For Sale $264,900 -- $245 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $5,127 $25,000 $5,033 $19,967
2024 $5,127 $20,254 $4,194 $16,060
2023 $5,998 $20,254 $4,194 $16,060
2022 $5,998 $22,543 $4,194 $18,349
2021 $4,717 $15,386 $3,355 $12,031
2020 $6,930 $18,607 $3,355 $15,252
2019 $5,218 $18,641 $3,355 $15,286
2018 $5,395 $16,993 $2,796 $14,197
2017 $5,339 $16,993 $2,796 $14,197
2016 $5,291 $16,993 $2,796 $14,197
2015 $4,849 $15,181 $2,516 $12,665
2014 $4,747 $15,181 $2,516 $12,665
2013 $4,370 $15,181 $2,516 $12,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10754356

Midwest Real Estate Data (MRED)

APN: 12-28-404-045-0000

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