NOT LISTED FOR SALE

2915 Elder Ln Franklin Park, IL 60131

Estimated Value: $409,298 - $476,000

4 Beds
3 Baths
2,000 Sq Ft
$219/Sq Ft Est. Value

Last Sold July 23, 2013

Last sale price $217,500 $109 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,980/month

11 Days on Market

Highlights

  • Fenced Yard
  • Central Air
  • 1-minute walk to Elder Lane Park
  • East Leyden High School Rated A-

About This Home

As of July 2013

FORMALLY A NON CONFORMING 2 UNIT TRANSFORMED INTO A WONDERFUL & SPACIOUS 2 STORY! MAINTAINING MUCH OF ITS ORIG CHARACTER THIS DOUBLE DORMERED BRK HM FEATURES LRG RMS,2 STORY ENCL REAR PORCH, MILES OF REFIN OAK FLRS,NEWER ROOF,SIDING,DOORS,& ELEC PANEL. FRESH PAINT...MOVE IN COND!. NICE FENCED YARD W/PATIO & 2.5 CAR GAR. BSMT HAS OFFICE/DEN & BATH. NOTE: sold for $230,000 but appraised low.

Last Agent to Sell the Property

Mike Dybas

RE/MAX Suburban Listed on: 05/19/2013

RE/MAX Suburban

Last Buyer's Agent

Maureen Smaida

Keller Williams Platinum Partners

Property Details

Home Type

  • Other

Year Built

  • 1951

Lot Details

  • Fenced Yard

Parking

  • Garage
  • Garage Transmitter
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Schools

  • Passow Elementary School
  • East Leyden High School

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Year Built

1951

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 9
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Attic: Dormer, Finished, Interior Stair
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 16X12
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 12X10
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 12X10
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Level: Main Level
  • Fourth Bedroom Size: 12X10
  • Fourth Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 17X12
  • Living Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island
  • Kitchen Level: Main Level
  • Kitchen Size: 15X13
  • Kitchen Flooring: Vinyl

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s)

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Elementary School: Passow Elementary School
  • High School: East Leyden High School
  • Junior High Dist: 84
  • Junior High: Hester Junior High School
  • Other Public School: TRITON COLLEGE

Lot Info

  • Lot Dimensions: 38 X 124
  • Lot Description: Fenced Yard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2013
Closed on
Jul 23, 2013
Sold by
Scheiden Christine A
Bought by
Hickey Mary G and Hickey Kathleen E
Seller's Agent
Mike Dybas
RE/MAX Suburban
Buyer's Agent
Maureen Smaida
Keller Williams Platinum Partners
List Price
$235,900
Sold Price
$217,500
Premium/Discount to List
-$18,400
-7.8%
Current Estimated Value
$437,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,075
Avg. Annual Appreciation
5.76%
Original Mortgage
$201,286
Outstanding Balance
$147,721
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$289,854

Purchase Details

Listed on
May 19, 2013
Closed on
Jun 24, 2013
Sold by
Scheiden Kenneth C
Bought by
Scheiden Christine A
Seller's Agent
Mike Dybas
RE/MAX Suburban
Buyer's Agent
Maureen Smaida
Keller Williams Platinum Partners
List Price
$235,900
Sold Price
$217,500
Premium/Discount to List
-$18,400
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Outstanding Balance
$147,721
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$289,854

Purchase Details

Closed on
Nov 1, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Scheiden Kenneth C and Scheiden Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,040
Interest Rate
6.8%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hickey Mary G $217,500 Premier Title
Scheiden Christine A -- Premier Title
Scheiden Kenneth C -- Wheatland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickey Mary G $201,286
Previous Owner Scheiden Kenneth C $89,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2013 07/23/13 Sold $217,500 -7.8% $109 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
05/19/2013 05/19/13 For Sale $235,900 -- $118 / 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 $8,302 $37,000 $5,115 $31,885
2024 $8,302 $33,000 $4,185 $28,815
2023 $8,507 $33,000 $4,185 $28,815
2022 $8,507 $33,000 $4,185 $28,815
2021 $4,960 $18,516 $3,022 $15,494
2020 $4,873 $18,516 $3,022 $15,494
2019 $5,110 $20,922 $3,022 $17,900
2018 $8,803 $21,815 $2,557 $19,258
2017 $5,016 $21,815 $2,557 $19,258
2016 $5,719 $21,815 $2,557 $19,258
2015 $6,346 $20,750 $2,325 $18,425
2014 $6,215 $20,750 $2,325 $18,425
2013 $6,385 $20,750 $2,325 $18,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08348004

Midwest Real Estate Data (MRED)

APN: 12-28-220-020-0000