NOT LISTED FOR SALE

3401 Elder Ln Franklin Park, IL 60131

Estimated Value: $389,880 - $444,000

3 Beds
2 Baths
1,642 Sq Ft
$250/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $353,000 $215 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,761/month

31 Days on Market

Highlights

  • Family Room with Fireplace
  • Attached Garage
  • Storm Doors
  • North Elementary School Rated 9+
  • 1-Story Property
  • ENERGY STAR Qualified Windows

About This Home

As of December 2021

TOTALLY REHABBED THIS WONDERFUL 3 BEDROOMS 1 FULL BATH, 1 HALF ALL BRICK RANCH WITH WIVES DREAM MODER KITCHEN AND WHITE WOOD CABINETRY, BRAND NEW SS APPLIANCES, GRANITE COUNTERTOPS, ISLAND BAR, LIGHTING, NEW WINDOWS AND DOORS, CAN LIGHTING AND LIGHT FIXTURES THROUGHOUT THE HOUSE, BASE AND CROWN MOLDING, FRESHLY PAINTED WITH MODERN COLORS, GLEAMING HARDWOOD FLOORING, SEMI-FINISHED BASEMENT READY FOR YOUR PARTIES AND GATHERINGS, BREEZEWAY WITH FIREPLACE WITH NEW FLOORS AND VERTICAL BLINDS LEADING TO 2 CAR ATTACHED ALL FINISHED HEATED GARAGE WITH BRAND NEW DOOR, CONCRETE DRIVEWAY, BRAND NEW ROOF, CONVENIENTLY LOCATED CLOSE TO MOST EVERYTHING, TOO MUCH TO LIST, SHOW AND SELL

Last Agent to Sell the Property

Gabriel Corral

Coldwell Banker Realty License #475122461 Listed on: 10/07/2021

Coldwell Banker Realty

Last Buyer's Agent

Brie Crum

Redfin Corporation License #475155488

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1961 | 2021

Lot Details

  • 4,792

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • ENERGY STAR Qualified Windows
  • Blinds
  • Aluminum Window Frames
  • Family Room with Fireplace
  • Storm Doors
  • Partially Finished Basement

Home Details

Home Type

Single Family

Year Built | Renovated

1961 | 2021

Lot Details

4,792 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Architectural Style: Ranch
  • Directions: SCOTT S OF ADDISON TO KING, E TO N/E CORNER ELDER & KING
  • Lot Size: 35X124
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1961
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Has Basement: Full
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Door Features: Storm Door(s)
  • Window Features: Aluminum Frames,Blinds,ENERGY STAR Qualified Windows,Window Treatments
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, Granite Counters
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Brick Paver Patio, Storms/Screens, Breezeway
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 212

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 7024.07
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jan 12, 2022
Sold by
Corral Gabriel and Fragozo Lamberto
Bought by
Ghanayem Khalil and Ghanayem Hanan
Seller's Agent
Gabriel Corral
Coldwell Banker Realty
Buyer's Agent
Brie Crum
Redfin Corporation
List Price
$359,000
Sold Price
$353,000
Premium/Discount to List
-$6,000
-1.67%
Current Estimated Value
$409,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,720
Avg. Annual Appreciation
3.62%
Original Mortgage
$344,350
Outstanding Balance
$314,163
Interest Rate
2.98%
Estimated Equity
$95,557

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 3, 2021
Sold by
Corral Gabriel and Fragozo Lamberto
Bought by
Ghanayem Khalil and Ghanayem Hanan
Seller's Agent
Gabriel Corral
Coldwell Banker Realty
Buyer's Agent
Brie Crum
Redfin Corporation
List Price
$359,000
Sold Price
$353,000
Premium/Discount to List
-$6,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,350
Outstanding Balance
$314,163
Interest Rate
2.98%
Estimated Equity
$95,557

Purchase Details

Listed on
Jul 12, 2016
Closed on
Aug 31, 2016
Sold by
Karami Ghodrat
Bought by
Corral Gabriel and Fragozo Lamberto
Seller's Agent
Ken Levine
RE/MAX 10 Lincoln Park
Buyer's Agent
Esly Dorado
Coldwell Banker Realty
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.14%

Purchase Details

Closed on
Apr 22, 2004
Sold by
Soldano Mark J and Soldano Samuel P
Bought by
Karami Ghodrat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,375
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 2002
Sold by
Soldano Samuel P
Bought by
Declarat Soldano Samuel P and Samuel P Soldano 2002 Declaration Of Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ghanayem Khalil $355,000 --
Ghanayem Khalil $355,000 --
Ghanayem Khalil $355,000 --
Corral Gabriel $140,000 Attorney
Karami Ghodrat $272,500 Multiple
Declarat Soldano Samuel P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghanayem Khalil $344,350
Previous Owner Karami Ghodrat $204,375
Closed Karami Ghodrat $68,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2021 12/09/21 Sold $353,000 -1.7% $215 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $359,000 +156.4% $219 / Sq Ft
08/31/2016 08/31/16 Sold $140,000 0.0% $85 / Sq Ft View Prior Sale
07/18/2016 07/18/16 Pending -- -- --
07/17/2016 07/17/16 Off Market $140,000 -- --
07/12/2016 07/12/16 For Sale $145,000 -- $88 / 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 $7,888 $31,001 $5,319 $25,682
2024 $7,888 $29,001 $4,352 $24,649
2023 $8,106 $29,001 $4,352 $24,649
2022 $8,106 $29,001 $4,352 $24,649
2021 $7,383 $18,639 $3,142 $15,497
2020 $7,024 $18,639 $3,142 $15,497
2019 $7,298 $21,062 $3,142 $17,920
2018 $8,699 $21,558 $2,659 $18,899
2017 $8,573 $21,558 $2,659 $18,899
2016 $7,817 $23,646 $2,659 $20,987
2015 $7,429 $21,648 $2,417 $19,231
2014 $7,254 $21,648 $2,417 $19,231
2013 $6,702 $21,648 $2,417 $19,231
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11240343

Midwest Real Estate Data (MRED)

APN: 12-21-406-054-0000

Your Personal Tour Guide

Ask me questions while you tour the home.