NOT LISTED FOR SALE

2802 Elder Ln Franklin Park, IL 60131

Estimated Value: $364,470 - $435,000

3 Beds
3 Baths
1,862 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $328,000 $176 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,776/month

54 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Wood Flooring
  • East Leyden High School Rated A-
  • Vaulted Ceiling
  • 4-minute walk to Elder Lane Park

About This Home

As of June 2020

SITTING IN THE ABSOLUTE PERFECT LOCATION IS A 1,862 SQ FEET HOME. THIS GEM HAS BEEN UPDATED FROM TOP TO BOTTOM IN 2012. NEW CONSTRUCTION LIKE EXCEPT FOUNDATION & FRAME. WALK IN & FALL IN LOVE WITH THE ENTIRE HOME THAT FEATURES: OPEN CONCEPT, LARGE LIVING ROOM WITH DECORATIVE FIREPLACE, LUXURY MASTER SUITE WITH MASTER BATH, DOUBLE VANITY SINK, JETTED TUB INCLUDES A HEATER & CUSTOM WALK-IN CLOSET. DREAM CHEF'S KITCHEN WITH GRANITE COUNTER-TOPS, MAPLE CABINETS, BACK-SPLASH, STAINLESS STEEL APPLIANCES, LARGE ISLAND & WALK-IN PANTRY WITH CUSTOM BUILT SHELVING, EATING TABLE SPACE, FAMILY ROOM & POWDER ROOM TOO. TAKE THE WIDE STAIRS TO 2ND FLOOR WHICH FEATURES 2 SPACIOUS BEDROOMS & A FULL LUXURY BATH. THE UNFINISHED BASEMENT AWAITING YOUR IDEAS, CAN BE CONVERTED INTO KIDS PLAYROOM, OFFICE, MAN OR WOMAN CAVE, GAME ROOM...POSSIBILITIES ARE ENDLESS OR CAN BE USED AS STORAGE. GLEAMING HARDWOOD FLOORS THROUGHOUT FIRST LEVEL, CAN LIGHTENING THROUGHOUT. NEW ELECTRICAL & PLUMBING SYSTEMS, HVAC & A/C - TWO STAGE HIGH EFFICIENCY & ZONED SYSTEMS. DOUBLE FRENCH DOORS OFF KITCHEN LEAD TO A SPACIOUS PATIO & LARGE FENCED BACK YARD FOR ALL SEASONS ENJOYMENT. NEW SIDE DRIVEWAY FITS 6-7 ADDITIONAL VEHICLES WHICH LEADS TO NEW 2 CAR GARAGE ALLOWING FOR PLENTY OF PARKING SPACE. 2 LBS CLOSED CELL SPRAY FOAM THROUGHOUT THE ENTIRE HOME IN ADDITION TO 8" SPRAY FOAM IN THE ROOF & 3.5" FOAM IN THE WALLS FOR HEAT & A/C EFFICIENCY. NOTHING TO DO, JUST MOVE IN & ENJOY. CALL NOW, WILL NOT LAST!

Last Agent to Sell the Property

Katarzyna Kaminska

United Real Estate-Chicago License #475162955 Listed on: 03/19/2020

United Real Estate-Chicago

Last Buyer's Agent

Robert Medinger

Keller Williams Preferred Rlty License #475173007

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Year Renovated

  • 2012

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Garage Door Opener
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Vaulted Ceiling
  • Decorative Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Lake Michigan Water
  • Mechanical Septic System

Additional Features

  • North or South Exposure
  • Deck

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $9,840 Seller Concession

Home Details

Home Type

Single Family

Year Renovated

2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: Unknown
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2012
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 1862
  • Unfinished Lower Sq Ft: 660
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2522
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s)
  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Decorative Only
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Double Sink
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 13X21, On Level: Main Level, Flooring: Travertine, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Pantry
  • Master Bedroom: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Pantry, Dimensions: 8X4, On Level: Main Level, Flooring: Travertine, Windows: None
  • Bedroom 2: Dimensions: 12X14, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 10X17, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1862
  • Estimated Total Finished Sq Ft: 1862
  • Main Level Sq Ft: 1862
  • Family Room: Dimensions: 21X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens
  • Exposure: N (North), S (South), E (East), W (West)
  • Acreage: 0.1355

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Septic-Mechanical, Sewer-Public
  • Heating Fuel: Gas, Propane, Forced Air, Zoned

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 84

Lot Info

  • Lot Dimensions: 125X53.86X124.40X45
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 12284040280000

Tax Info

  • Taxes: 6811.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jun 12, 2020
Sold by
Mazanek Eric and Mazanek Barbara
Bought by
Lopez Ozzy A
Seller's Agent
Katarzyna Kaminska
United Real Estate-Chicago
Buyer's Agent
Robert Medinger
Keller Williams Preferred Rlty
List Price
$339,000
Sold Price
$328,000
Premium/Discount to List
-$11,000
-3.24%
Current Estimated Value
$404,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,089
Avg. Annual Appreciation
3.85%
Original Mortgage
$322,059
Outstanding Balance
$283,859
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$120,759

Purchase Details

Closed on
Dec 13, 2014
Sold by
Mazanek Barbara and Mazanek Eric
Bought by
Mazanek Agnes and Mazanek Barbara

Purchase Details

Listed on
Feb 15, 2012
Closed on
May 14, 2012
Sold by
Leyden Credit Union
Bought by
Mazanek Eric and Mazanek Barbara
Seller's Agent
Valerie Ignoffo
RCI Real Estate Group
Buyer's Agent
Jack Figura
Home-Site Realty, Inc.
List Price
$109,900
Sold Price
$90,000
Premium/Discount to List
-$19,900
-18.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$72,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 18, 2006
Sold by
Morgan Gregory
Bought by
Morgan Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
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
Lopez Ozzy A $328,000 Saturn Title Llc
Mazanek Agnes -- None Available
Mazanek Eric $90,000 Premier Title
Morgan Kimberly K -- Lakeshore Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Ozzy A $322,059
Previous Owner Mazanek Eric $72,000
Previous Owner Morgan Kimberly K $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2020 06/12/20 Sold $328,000 +0.9% $176 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
04/21/2020 04/21/20 Price Changed $325,000 -4.1% $175 / Sq Ft
03/19/2020 03/19/20 For Sale $339,000 +276.7% $182 / Sq Ft
05/25/2012 05/25/12 Sold $90,000 -9.1% $48 / Sq Ft View Prior Sale
04/02/2012 04/02/12 Pending -- -- --
03/05/2012 03/05/12 Price Changed $99,000 -9.9% $53 / Sq Ft
02/15/2012 02/15/12 For Sale $109,900 -- $59 / 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
2025 $7,995 $30,000 $5,311 $24,689
2024 $7,995 $23,550 $4,426 $19,124
2023 $9,096 $26,416 $4,426 $21,990
2022 $9,096 $29,000 $4,426 $24,574
2021 $9,484 $24,239 $3,540 $20,699
2020 $7,873 $24,239 $3,540 $20,699
2019 $9,047 $29,804 $3,540 $26,264
2018 $6,811 $20,550 $2,950 $17,600
2017 $6,734 $20,550 $2,950 $17,600
2016 $6,590 $20,550 $2,950 $17,600
2015 $6,031 $18,244 $2,655 $15,589
2014 $5,899 $18,244 $2,655 $15,589
2013 $5,436 $18,244 $2,655 $15,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10671814

Midwest Real Estate Data (MRED)

APN: 12-28-404-028-0000