NOT LISTED FOR SALE

2801 Elder Ln Unit 3 Franklin Park, IL 60131

Estimated Value: $335,000 - $345,000

3 Beds
2 Baths
1,102 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $293,000 $266 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,345/month

14 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Finished Attic
  • East Leyden High School Rated A-
  • Whirlpool Bathtub
  • 4-minute walk to Elder Lane Park

About This Home

As of May 2023

Recently updated brick home in a great neighborhood with nice side street. It features large yard and 1-car garage. Beautiful kitchen has nice dark colored cabinets, granite countertop and stainless steel appliances. Bathroom were newly remodeled. Refinished hardwood floor, finished basement with 4th bedroom. Huge family room. New LG Front Load washer and dryer in the laundry room. Close to schools, shopping and restaurants.

Last Agent to Sell the Property

Steve Ma

Altogether Realty Corporation License #475175514 Listed on: 02/25/2023

Last Buyer's Agent

Lisa Magidson

North Clybourn Group, Inc. License #475159453

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,618

Year Built

  • Built in 1944

Lot Details

  • 5,889 Sq Ft Lot
  • Lot Dimensions are 45 x 127
  • Fenced Yard

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,102 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Finished Attic
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,618

Year Built

Built in 1944

Lot Details

0

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: 1944
  • 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1102
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Finished
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 295000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 2
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 84

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1352
  • Lot Dimensions: 45 X 127
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5618.32
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
Apr 24, 2023
Sold by
Corona Fernando
Bought by
Morales Monica and Morales Kimberly
Seller's Agent
Steve Ma
Altogether Realty Corporation
Buyer's Agent
Lisa Magidson
North Clybourn Group, Inc.
List Price
$295,000
Sold Price
$293,000
Premium/Discount to List
-$2,000
-0.68%
Views
119
Current Estimated Value
$340,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,002
Avg. Annual Appreciation
6.44%
Original Mortgage
$10,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2012
Closed on
Sep 28, 2012
Sold by
Netzach Llc Series A
Bought by
Corona Fernando
Seller's Agent
Waldemar Smolinski
Coldwell Banker Realty
Buyer's Agent
Obdulia Garcia-Bailey
Keller Williams Thrive
List Price
$159,000
Sold Price
$140,000
Premium/Discount to List
-$19,000
-11.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$137,464
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2011
Sold by
Pnc Mortgage
Bought by
Netzach Llc Series A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 14, 2010
Sold by
Ortiz Filemon
Bought by
Pnc Mortgage

Purchase Details

Closed on
Feb 17, 2005
Sold by
Ortiz Gabriel and Ortiz Araceli
Bought by
Ortiz Filemon and Orozco Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 2001
Sold by
Braden Timothy P and Braden Marie A
Bought by
Ortiz Gabriel and Ortiz Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,550
Interest Rate
7.06%
Source: Public Records

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
Morales Monica $293,000 Old Republic Title
Corona Fernando $140,000 Stewart Title Company
Netzach Llc Series A $71,000 Premier Title
Pnc Mortgage -- None Available
Ortiz Filemon $250,000 Multiple
Ortiz Gabriel $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Morales Monica $10,000
Open Morales Monica $287,693
Previous Owner Corona Fernando $22,227
Previous Owner Corona Fernando $137,464
Previous Owner Netzach Llc Series A $140,000
Previous Owner Ortiz Filemon $237,500
Previous Owner Ortiz Gabriel $160,000
Previous Owner Ortiz Gabriel $160,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $293,000 -0.7% $266 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $295,000 +110.7% $268 / Sq Ft
09/28/2012 09/28/12 Sold $140,000 -6.0% $127 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
06/22/2012 06/22/12 Price Changed $149,000 -6.3% $135 / Sq Ft
05/25/2012 05/25/12 For Sale $159,000 -- $144 / 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 $5,957 $23,001 $4,418 $18,583
2023 $6,141 $23,001 $4,418 $18,583
2022 $6,141 $23,001 $4,418 $18,583
2021 $5,618 $17,689 $3,534 $14,155
2020 $5,433 $17,689 $3,534 $14,155
2019 $5,408 $19,196 $3,534 $15,662
2018 $6,106 $18,779 $2,945 $15,834
2017 $6,040 $18,779 $2,945 $15,834
2016 $5,943 $18,779 $2,945 $15,834
2015 $6,186 $16,021 $2,650 $13,371
2014 $6,029 $16,021 $2,650 $13,371
2013 $5,578 $16,021 $2,650 $13,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11725633

Midwest Real Estate Data (MRED)

APN: 12-28-407-015-0000