NOT LISTED FOR SALE

3127 Elder Ln Franklin Park, IL 60131

Estimated Value: $367,000 - $413,000

4 Beds
2 Baths
1,580 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $375,000 $237 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,471/month

39 Days on Market

Highlights

  • Above Ground Pool
  • Mature Trees
  • Recreation Room
  • East Leyden High School Rated A-
  • Property is near park
  • 2-minute walk to Timber Park

About This Home

As of September 2024

Welcome to 3127 Elder Lane, a beautifully maintained 4-bedroom, 2-bathroom brick Georgian home in the heart of Franklin Park. The charming exterior invites you into a spacious living room featuring hardwood floors and a bright bay window that bathes the space in natural light. Adjacent is the cozy dining area with direct access to the updated kitchen, complete with granite countertops, rich wooden cabinetry, stainless steel appliances, and a stylish sliding barn door. The primary bedroom on the main floor offers a retreat-like atmosphere with easy access to the first-floor bathroom. Upstairs, you'll find three additional well-sized bedrooms and another full bathroom. The partially finished basement provides extra living space, ideal for a recreation room or home office. Outside, the large patio in the fenced backyard is perfect for entertaining, complete with an 18' above-ground pool and plenty of space for summer fun. Situated in a vibrant community, this home is within walking distance to highly rated Passow Elementary School, Hester Junior High School, and East Leyden High School. Enjoy dining at local favorites like Grand Stand Pizza and Tacos La Placita, and explore nearby parks such as Elder Lane Park and North Park for outdoor activities. The area is well-connected with public transit options and easy access to shops and restaurants.

Last Agent to Sell the Property

Rosa Dante

Baird & Warner License #475144183 Listed on: 08/01/2024

Baird & Warner

Last Buyer's Agent

Deborah Hess

Compass License #475133314

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,810

Year Built

  • Built in 1945

Lot Details

  • 3,093 Sq Ft Lot
  • Lot Dimensions are 50 x 124
  • Fenced Yard
  • Wood Fence
  • Paved or Partially Paved Lot
  • Mature Trees
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Recreation Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Patio

Location

  • Property is near park

Schools

  • Passow 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

$7,810

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, First Floor Full Bath, Some Carpeting
  • LivingArea: 1580
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 1292
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1580
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Above Ground Pool
  • Lot Features: Fenced Yard, Mature Trees, Sidewalks, Wood Fence
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete,Off Alley
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Passow Elementary School
  • High School: East Leyden High School
  • Middle/Junior School: Hester Junior High School

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.071
  • Lot Dimensions: 50 X 124
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7809.93
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 20, 2024
Sold by
Dimarco Kimberly A and Demarco Diego
Bought by
Villatoro Marco G
Seller's Agent
Rosa Dante
Baird & Warner
Buyer's Agent
Deborah Hess
Compass
List Price
$375,000
Sold Price
$375,000
Views
66
Current Estimated Value
$386,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,410
Avg. Annual Appreciation
2.30%
Original Mortgage
$368,207
Outstanding Balance
$363,260
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$23,150

Purchase Details

Closed on
Aug 21, 2009
Sold by
Dimarco Kimberly A and Hester Kimberly A
Bought by
Dimarco Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,444
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2006
Sold by
Hester Timothy J
Bought by
Hester Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,900
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 25, 1994
Sold by
Edison Development Company
Bought by
Hester Timothy J and Hester Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
8.41%
Source: Public Records
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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
Villatoro Marco G $375,000 None Listed On Document
Dimarco Kimberly A -- Citywide Title Corporation
Hester Kimberly A -- Multiple
Hester Timothy J $131,000 --
Edison Development Company $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villatoro Marco G $368,207
Previous Owner Dimarco Kimberly A $120,444
Previous Owner Hester Kimberly A $122,900
Previous Owner Hester Timothy J $111,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $375,000 0.0% $237 / Sq Ft
08/11/2024 08/11/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $375,000 -- $237 / 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 $5,577 $27,082 $3,410 $23,672
2024 $5,577 $20,812 $2,790 $18,022
2023 $5,728 $20,812 $2,790 $18,022
2022 $5,728 $20,812 $2,790 $18,022
2021 $3,976 $12,703 $2,015 $10,688
2020 $3,852 $12,703 $2,015 $10,688
2019 $4,077 $14,511 $2,015 $12,496
2018 $5,251 $15,761 $1,705 $14,056
2017 $5,194 $15,761 $1,705 $14,056
2016 $5,087 $15,761 $1,705 $14,056
2015 $4,918 $14,694 $1,550 $13,144
2014 $4,805 $14,694 $1,550 $13,144
2013 $4,437 $14,694 $1,550 $13,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12099608

Midwest Real Estate Data (MRED)

APN: 12-28-202-011-0000