NOT LISTED FOR SALE

Estimated Value: $861,000 - $917,444

5 Beds
3 Baths
3,688 Sq Ft
$241/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $600,000 $163 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,853/month

11 Days on Market

Highlights

  • Updated Kitchen
  • Vaulted Ceiling
  • Bonus Room
  • Longfellow Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of February 2021

Historic charm meets modern amenities at 318 E Franklin St. This stunning home boasts 5 bedrooms, 3 bathrooms and over 3600 square feet of finished living space. Located in highly desirable Longfellow district, it's steps from Wheaton College and just over 1 block from Franklin Middle School. Hard to find a more perfect location in north Wheaton! Buyers will love the front porch - a perfect spot to relax and unwind. Once inside, they'll be wowed by the craftmanship of the millwork- gleaming hardwood floors, tall baseboards and gorgeous window casings. The flow is optimal - just the right balance of defined spaces and open living. The kitchen features a large 2-tier island, separate eat-in area, granite counters, a new double oven and custom cherry cabinetry. There are so many spaces to enjoy - a 1st floor home office, finished bonus room above the garage, mudroom w/ drinking fountain and 5 bedrooms on the 2nd level. The attic has interior stair access and offers a huge space for storage (or for finishing in the future). The tranquil master bedroom features a vaulted ceiling, skylight, and master bathroom with cedar closet. Additional upgrades include but aren't limited to - dishwasher (2020), refrigerator (2019), furnace (2019), AC (2019), sump pump (2018), double oven (2017), washer & dryer (2017), and water heater (2016). Also comes with a power generator. Don't miss out! Agents and/or perspective buyers exposed to covid-19 or with a cough or fever are not to enter the home until they receive medical clearance.

Last Agent to Sell the Property

Michael Thornton

Keller Williams Premiere Properties License #475159142 Listed on: 12/07/2020

Last Buyer's Agent

Michael Thornton

Keller Williams Premiere Properties License #475159142 Listed on: 12/07/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,407

Year Built

  • 1907

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Garage Transmitter
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Mud Room
  • Home Office
  • Bonus Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,407

Year Built

1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Estimated Year Built: 1907
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1907

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Full Bath
  • Number Of Rooms: 11
  • Living Room: Dimensions: 15X19, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump, Power Generator
  • Fireplace Details: Gas Logs
  • Attic: Full, Interior Stair
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Partially Finished, Crawl
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 14X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X21, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Granite Counters, Updated Kitchen
  • Additional Rooms: 5th Bedroom, Office, Bonus, Mud Room
  • Master Bedroom: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood, Windows: Skylight(s)
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X10, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 16X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Bonus, Dimensions: 21X14, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Mud, Dimensions: 7X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 14X9, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 3688
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Frame, Shakes
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt, Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 200

Lot Info

  • Lot Dimensions: 7817
  • Parcel Identification Number: 0516124004

Tax Info

  • Taxes: 13104.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 5, 2021
Sold by
Farber Matthew B and Farber Elizabeth P
Bought by
Borton Travis and Borton Allison
Seller's Agent
Michael Thornton
Keller Williams Premiere Properties
Buyer's Agent
Michael Thornton
Keller Williams Premiere Properties
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Current Estimated Value
$888,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,861
Avg. Annual Appreciation
8.66%
Original Mortgage
$483,000
Outstanding Balance
$429,488
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$459,373

Purchase Details

Listed on
Aug 29, 2012
Closed on
Jan 17, 2013
Sold by
Brown Christopher A and Brown Elizabeth M
Bought by
Farber Matthew B and Farber Elizabeth P
Seller's Agent
Jenay Moore
Equity Premier Real Estate, LLC
Buyer's Agent
Denise Gill
Baird & Warner
List Price
$569,700
Sold Price
$512,500
Premium/Discount to List
-$57,200
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%
Original Mortgage
$51,150
Interest Rate
3.34%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 28, 2000
Sold by
Wiedow Carol L
Bought by
Brown Christopher A and Brown Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.66%

Purchase Details

Closed on
Feb 8, 2000
Sold by
Kln Real Estate Investors Ltd
Bought by
Wiedow Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.08%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Borton Travis $600,000 North American Title Company
Farber Matthew B $512,500 First American Title Insuran
Brown Christopher A $230,000 Ticor Title Insurance Compan
Wiedow Carol L $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borton Travis $483,000
Previous Owner Farber Matthew B $51,150
Previous Owner Brown Christopher A $184,000
Previous Owner Wiedow Carol L $40,000
Closed Brown Christopher A $23,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2021 02/05/21 Sold $600,000 -4.0% $163 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/16/2020 12/16/20 Price Changed $625,000 -3.8% $169 / Sq Ft
12/07/2020 12/07/20 For Sale $650,000 +26.8% $176 / Sq Ft
01/24/2013 01/24/13 Sold $512,500 -5.9% $151 / Sq Ft View Prior Sale
12/09/2012 12/09/12 Pending -- -- --
11/08/2012 11/08/12 Price Changed $544,800 -4.4% $161 / Sq Ft
08/29/2012 08/29/12 For Sale $569,700 -- $168 / 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 $14,407 $231,534 $34,689 $196,845
2023 $13,862 $213,120 $31,930 $181,190
2022 $13,487 $200,750 $30,170 $170,580
2021 $13,446 $195,980 $29,450 $166,530
2020 $13,406 $194,160 $29,180 $164,980
2019 $13,104 $189,040 $28,410 $160,630
2018 $13,391 $190,890 $26,770 $164,120
2017 $13,200 $183,850 $25,780 $158,070
2016 $13,033 $176,510 $24,750 $151,760
2015 $12,943 $168,390 $23,610 $144,780
2014 $13,387 $171,100 $20,010 $151,090
2013 $13,041 $171,610 $20,070 $151,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10941400

Midwest Real Estate Data (MRED)

APN: 05-16-124-004