NOT LISTED FOR SALE

3345 Elder Ln Franklin Park, IL 60131

Estimated Value: $310,000 - $347,000

3 Beds
2 Baths
1,000 Sq Ft
$330/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $290,000 $290 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,449/month

152 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Walk-In Closet
  • North Elementary School Rated 9+
  • 1.5 Car Detached Garage
  • Patio

About This Home

As of March 2022

Back on the Market. Solid 3-bedroom, 2-bathroom, raised ranch in Franklin Park. Village repairs have been completed. The first floor opens up to the living room with bay windows, dining room, 3 bedrooms with lots of closet space, full bathroom with a nice size tub, and updated kitchen with SS appliances(stove, fridge, and microwave), granite countertops, and beautiful cabinetry. This stunning home has a fully finished basement with ceramic tile flooring, lots of space for your creative ideas to unravel, the laundry room, and a second full bathroom. On the back of the home, you will find the brick 1.5-car garage, 2 additional parking spaces, and spacious back yard. Additional features include central A/C, hardwood flooring throughout the first level, 2 concrete patios, a fully fenced-in yard, and a sump pump in the basement. Schedule your showing today as this one won't last in the market for long.

Last Agent to Sell the Property

Noe Fragoso

Noe Fragoso Properties License #471021560 Listed on: 09/10/2021

Last Buyer's Agent

Mariano Rivera

Chicagoland Brokers, Inc.

Chicagoland Brokers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,314

Year Built

  • Built in 1955

Lot Details

  • 5,445 Sq Ft Lot
  • Fenced Yard

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Finished Basement

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

Outdoor Features

  • Patio

Schools

  • Pietrini 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

$5,314

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 960
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 289900
  • Lot Features: Fenced Yard
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Pietrini Elementary School
  • High School: East Leyden High School
  • Middle/Junior School: Hester Junior High School
  • Middle/Junior School District: 84

Lot Info

  • Lot Size Acres: 0.125
  • Lot Dimensions: 5425
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5313.79
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Apr 4, 2022
Sold by
Marungo Gloria E
Bought by
Chavez Arturo and Chavez Marisela
Seller's Agent
Noe Fragoso
Noe Fragoso Properties
Buyer's Agent
Mariano Rivera
Chicagoland Brokers, Inc.
Sold Price
$290,000
Total Days on Market
152
Current Estimated Value
$330,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,059
Avg. Annual Appreciation
4.12%
Original Mortgage
$232,000
Outstanding Balance
$220,248
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$109,567

Purchase Details

Listed on
Sep 10, 2021
Closed on
Mar 16, 2022
Sold by
Marungo Gloria E
Bought by
Chavez Arturo and Chavez Marisela
Seller's Agent
Noe Fragoso
Noe Fragoso Properties
Buyer's Agent
Mariano Rivera
Chicagoland Brokers, Inc.
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$220,248
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$109,567

Purchase Details

Closed on
Jul 17, 1995
Sold by
Heldt Dennis F and Heldt Charlene C
Bought by
Marungo Masedonio S and Marungo Gloria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
7.51%
Source: Public Records

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Range of Values:

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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
Chavez Arturo $290,000 --
Chavez Arturo -- Citywide Title
Chavez Arturo $290,000 Citywide Title
Marungo Masedonio S $130,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Arturo $232,000
Closed Chavez Arturo $232,000
Previous Owner Marungo Masedonio S $63,000
Previous Owner Marungo Masedonio S $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $290,000 -3.0% $290 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/07/2022 02/07/22 For Sale -- -- --
01/31/2022 01/31/22 Pending -- -- --
01/29/2022 01/29/22 For Sale -- -- --
01/24/2022 01/24/22 Pending -- -- --
12/31/2021 12/31/21 For Sale -- -- --
12/23/2021 12/23/21 Pending -- -- --
12/16/2021 12/16/21 For Sale -- -- --
12/10/2021 12/10/21 Pending -- -- --
10/28/2021 10/28/21 For Sale -- -- --
10/06/2021 10/06/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $299,000 -- $299 / 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 $7,155 $26,001 $4,883 $21,118
2023 $7,155 $26,001 $4,883 $21,118
2022 $7,155 $26,001 $4,883 $21,118
2021 $5,495 $17,203 $3,526 $13,677
2020 $5,314 $17,203 $3,526 $13,677
2019 $5,547 $19,439 $3,526 $15,913
2018 $6,090 $18,527 $2,983 $15,544
2017 $6,026 $18,527 $2,983 $15,544
2016 $5,925 $18,527 $2,983 $15,544
2015 $4,953 $15,307 $2,712 $12,595
2014 $5,388 $16,741 $2,712 $14,029
2013 $4,973 $16,741 $2,712 $14,029
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11215196

Midwest Real Estate Data (MRED)

APN: 12-21-411-034-0000