2718 Elder Ln Franklin Park, IL 60131
3
Beds
2
Baths
1,419
Sq Ft
5,837
Sq Ft Lot
Highlights
- 1 Car Detached Garage
- Living Room
- Central Air
- East Leyden High School Rated A-
- Laundry Room
- Dining Room
About This Home
As of May 2025Welcome to this charming 3-bedroom home, offering great potential for buyers looking to create their dream space. Inside, you'll find a spacious eat-in kitchen and a separate dining area connected to the living room, perfect for family gatherings and entertaining. The home includes two full bathrooms for added convenience. While the unfinished basement presents an opportunity for additional living space or storage, the property does need some TLC to restore it to its original beauty. The garage requires a full rebuild, providing a blank canvas for a new structure that meets your needs. With a little vision and effort, this home could be transformed into a true gem!
Last Agent to Sell the Property
AAA Real Estate License #475164829 Listed on: 09/13/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,769
Year Built
- Built in 1944
Parking
- 1 Car Detached Garage
Home Design
- Aluminum Siding
Interior Spaces
- 1,419 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2025
Closed on
May 16, 2025
Sold by
Aktiv Properties One Llc
Bought by
Elkhelfi Ahmed and Elkhelfi Kristina M
Seller's Agent
Claudiu Popescu
Baird & Warner
Buyer's Agent
Sylwia Zabiegly
Century 21 Circle
List Price
$400,000
Sold Price
$400,000
Views
115
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.75%
Original Mortgage
$371,387
Outstanding Balance
$371,060
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$5,638
Purchase Details
Listed on
Sep 13, 2024
Closed on
Oct 3, 2024
Sold by
Belfiore Ronald
Bought by
Aktiv Properties One Llc
Seller's Agent
Nafis Noorali
AAA Real Estate
Buyer's Agent
Claudiu Popescu
Baird & Warner
List Price
$180,000
Sold Price
$197,000
Premium/Discount to List
$17,000
9.44%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
213.41%
Original Mortgage
$207,250
Interest Rate
6.35%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 20, 2002
Sold by
Belfiore Arlene M
Bought by
Belfiore Arlene M and Belfiore Russell J
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | Fidelity National Title | |
| Warranty Deed | $195,500 | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $371,387 | FHA | |
| Previous Owner | $207,250 | Construction | |
| Previous Owner | $152,000 | Credit Line Revolving | |
| Previous Owner | $125,000 | Credit Line Revolving | |
| Previous Owner | $75,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $400,000 | 0.0% | $160 / Sq Ft |
| 04/24/2025 04/24/25 | Pending | -- | -- | -- |
| 04/18/2025 04/18/25 | For Sale | $400,000 | +103.0% | $160 / Sq Ft |
| 10/03/2024 10/03/24 | Sold | $197,000 | 0.0% | $139 / Sq Ft |
| 09/16/2024 09/16/24 | Pending | -- | -- | -- |
| 09/13/2024 09/13/24 | Off Market | $197,000 | -- | -- |
| 09/13/2024 09/13/24 | For Sale | $180,000 | -- | $127 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,563 | $25,001 | $4,388 | $20,613 |
| 2023 | $6,769 | $25,001 | $4,388 | $20,613 |
| 2022 | $6,769 | $25,001 | $4,388 | $20,613 |
| 2021 | $5,372 | $17,059 | $3,510 | $13,549 |
| 2020 | $5,198 | $17,059 | $3,510 | $13,549 |
| 2019 | $5,413 | $19,211 | $3,510 | $15,701 |
| 2018 | $6,124 | $18,823 | $2,925 | $15,898 |
| 2017 | $6,057 | $18,823 | $2,925 | $15,898 |
| 2016 | $5,960 | $18,823 | $2,925 | $15,898 |
| 2015 | $4,639 | $14,637 | $2,632 | $12,005 |
| 2014 | $4,542 | $14,637 | $2,632 | $12,005 |
| 2013 | $4,951 | $16,851 | $2,632 | $14,219 |
Source: Public Records
Agents Affiliated with this Home
-
Claudiu Popescu
Seller's Agent in 2025
Claudiu Popescu
Baird Warner
(312) 912-5616
2 in this area
100 Total Sales
-
Sylwia Zabiegly
S
Buyer's Agent in 2025
Sylwia Zabiegly
Century 21 Circle
1 in this area
6 Total Sales
-
Nafis Noorali
N
Seller's Agent in 2024
Nafis Noorali
AAA Real Estate
(630) 675-8085
2 in this area
39 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12163381
APN: 12-28-404-038-0000
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