NOT LISTED FOR SALE

324 Franklin St Waukegan, IL 60085

Estimated Value: $325,309 - $360,000

4 Beds
2.5 Baths
1,960 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $247,000 $126 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,422/month

46 Days on Market

Highlights

  • Formal Dining Room
  • 4 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • Living Room
  • Paved or Partially Paved Lot

About This Home

As of February 2023

This well maintained, 3 bedroom home on a half acre parcel is a gem in this neighborhood! Kitchen and baths have been updated, painted plus brand new carpet installed throughout. Basement has been just about finished, left for you to put the final details in. Third floor attic has been finished and is used as a gaming area, but would make a great office or play room as well! Outside has a 4.5 car, heated garage, this is has so much to offer inside and out.

Last Agent to Sell the Property

Ashlee Fox

Berkshire Hathaway HomeServices Starck Real Estate License #475175492 Listed on: 11/30/2022

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Jamie Hering

Coldwell Banker Realty License #475166016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,966

Year Built

  • Built in 1925 | Remodeled in 2016

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 66 x 366
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 4 Car Detached Garage
  • Heated Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,966

Year Built

Built in 1925 | Remodeled in 2016

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Attic: Finished,Full,Interior Stair

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Driveway: Asphalt
  • Garage Details: Heated
  • 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: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.5027
  • Lot Dimensions: 66 X 366
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 6965.78
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Feb 14, 2023
Sold by
Forman Oliver and Forman Darlene U
Bought by
Maddox Elizabeth K
Seller's Agent
Ashlee Fox
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Jamie Hering
Coldwell Banker Realty
List Price
$250,000
Sold Price
$247,000
Premium/Discount to List
-$3,000
-1.2%
Views
101
Current Estimated Value
$337,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,077
Avg. Annual Appreciation
11.92%
Original Mortgage
$242,526
Outstanding Balance
$234,806
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$102,271

Purchase Details

Closed on
Aug 28, 2008
Sold by
Terwilliger Leroy and Terwilliger Sherrye
Bought by
Forman Oliver and Forman Darlene U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2004
Sold by
Cordonnier Nicholas
Bought by
Terwilliger Leroy and Terwilliger Sherrye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2003
Sold by
Cordonnier Nicholas and Estate Of Elmer Cordonnier
Bought by
Cordonnier Nicholas
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
Maddox Elizabeth K $247,000 --
Forman Oliver $105,000 None Available
Terwilliger Leroy $125,000 First American Title
Cordonnier Nicholas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddox Elizabeth K $242,526
Previous Owner Forman Oliver $78,750
Previous Owner Terwilliger Leroy $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $247,000 -1.2% $126 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
11/30/2022 11/30/22 For Sale $250,000 -- $128 / 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 $7,741 $92,421 $18,213 $74,208
2023 $7,524 $82,088 $16,306 $65,782
2022 $7,524 $76,964 $23,081 $53,883
2021 $6,966 $66,814 $20,589 $46,225
2020 $7,056 $62,245 $19,181 $43,064
2019 $7,101 $57,037 $17,576 $39,461
2018 $7,127 $55,127 $22,389 $32,738
2017 $6,938 $48,772 $19,808 $28,964
2016 $6,549 $42,381 $17,212 $25,169
2015 $6,408 $37,932 $15,405 $22,527
2014 $4,162 $24,598 $5,313 $19,285
2012 $5,158 $26,650 $5,756 $20,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11680455

Midwest Real Estate Data (MRED)

APN: 08-21-205-030