NOT LISTED FOR SALE

3525 Elder Ln Franklin Park, IL 60131

Estimated Value: $342,000 - $417,000

3 Beds
2 Baths
1,313 Sq Ft
$298/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $360,000 $274 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,719/month

23 Days on Market

Highlights

  • Heated Floors
  • Deck
  • Formal Dining Room
  • North Elementary School Rated 9+
  • Family Room with Fireplace
  • 3-minute walk to Ruby Addison Park

About This Home

As of December 2022

LARGE, UPDATED AND WELL MAINTAINED BRICK RANCH, SITUATED ON LARGE LOT. HOME FEATURES: LIVING ROOM WITH WOOD BURNING FIRE PLACE, RENOVATED KITCHEN WITH CUSTOM CABINETS, GRANIT COUNTERS AND CERAMIC FLOORS. DINING ROOM OVERLOOKING BACK YARD. 3 BEDS/1 BATH ON 1ST FLOOR PLUS ADDITIONAL BEDROOM AND FULL BATH IN BASEMENT. NEWLY FINISHED LOWER LEVEL WITH SPRAY ON INSULATION HEATED FLOORS! HUGE FAMILY ROOM WITH ANOTHER WOOD BURNING FIREPLACE AND WET BAR. TWO HEATING SYSTEMS(RADIANT AND FORCED AIR WITH AC). NEW ROOF(RAFTERS, SHEETING AND SHINGLES). SIDE DRIVE LEADS TO 2.5 CAR HEATED GARAGE WITH OVERHEAD DOORS ON BOTH SIDES, NEW SIDING AND ROOF. LARGE DECK FOR ENTERTAINMENT. SECURITY CAMERA SYSTEM AND MORE.

Last Agent to Sell the Property

Adam Smolen

Waclaw Smolen License #471022644 Listed on: 10/24/2022

Waclaw Smolen

Last Buyer's Agent

Heriberto Ruiz

R4 Commercial Real Estate Solutions License #471008582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,572

Year Built

  • Built in 1959

Lot Details

  • 6,199 Sq Ft Lot
  • Lot Dimensions are 50x124
  • Fenced Yard

Parking

  • 2.5 Car Detached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,313 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Skylights
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Ranch

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,572

Year Built

Built in 1959

Lot Details

0

Parking

2

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: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • 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
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Skylight(s), Bar-Wet, Hardwood Floors, Heated Floors
  • LivingArea: 1313
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 379000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • 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
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 84

Lot Info

  • Lot Size Acres: 0.1423
  • Lot Dimensions: 50X124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5571.85
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Dec 23, 2022
Sold by
Celik Inan
Bought by
Miramontes Rogelio and Franco Laura
Seller's Agent
Adam Smolen
Waclaw Smolen
Buyer's Agent
Heriberto Ruiz
R4 Commercial Real Estate Solutions
List Price
$379,000
Sold Price
$360,000
Premium/Discount to List
-$19,000
-5.01%
Views
105
Current Estimated Value
$391,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,813
Avg. Annual Appreciation
3.65%
Original Mortgage
$211,000
Outstanding Balance
$204,439
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$192,713

Purchase Details

Listed on
May 10, 2021
Closed on
Jul 13, 2021
Sold by
Marciniak Zbigniew and Marciniak Magdalena
Bought by
Celik Inan
Seller's Agent
Greg Rafalo
Rafalo & Rafalo Realty Group Inc
Buyer's Agent
Malana Bash
Global Bash
List Price
$399,000
Sold Price
$359,000
Premium/Discount to List
-$40,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%
Original Mortgage
$328,754
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2012
Closed on
Aug 17, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Marciniak Zbigniew
Seller's Agent
Michael Fields
Jax Realtors
Buyer's Agent
Greg Ruffolo
Realty Executives Midwest
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$150,818
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 2011
Sold by
Pamula Marian
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 30, 2003
Sold by
Cannella Samuel and Cannella Theresa
Bought by
Pamula Marian and Pamula Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 20, 2003
Sold by
Cannella Samuel
Bought by
Cannella Samuel and Cannella Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 1993
Sold by
Cannella Samuel and Cannella Theresa
Bought by
Cannella Samuel and Cannella Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
7.16%

Purchase Details

Closed on
Sep 13, 1993
Sold by
Byrne Jack
Bought by
Cannella Sam and Cannella Theresa
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
Miramontes Rogelio $360,000 Altima Title
Miramontes Rogelio $360,000 Altima Title
Celik Inan $359,000 Attorney
Marciniak Zbigniew $165,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Pamula Marian $265,000 Cti
Pamula Marian $265,000 Cti
Cannella Samuel -- Cti
Cannella Samuel -- Cti
Cannella Samuel -- --
Cannella Sam $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miramontes Rogelio $211,000
Closed Miramontes Rogelio $211,000
Previous Owner Celik Inan $328,754
Previous Owner Marciniak Zbigniew $150,818
Previous Owner Pamula Marian $247,000
Previous Owner Cannella Samuel $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $360,000 -5.0% $274 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $379,000 +5.6% $289 / Sq Ft
07/13/2021 07/13/21 Sold $359,000 -10.0% $273 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $399,000 +141.8% $304 / Sq Ft
08/27/2012 08/27/12 Sold $165,000 +3.2% $126 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $159,900 0.0% $122 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $159,900 -- $122 / 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 $7,581 $28,000 $5,580 $22,420
2023 $8,873 $28,000 $5,580 $22,420
2022 $8,873 $28,000 $5,580 $22,420
2021 $5,766 $17,887 $4,030 $13,857
2020 $5,572 $17,887 $4,030 $13,857
2019 $5,815 $20,212 $4,030 $16,182
2018 $6,782 $20,243 $3,410 $16,833
2017 $6,708 $20,243 $3,410 $16,833
2016 $7,366 $22,424 $3,410 $19,014
2015 $5,419 $16,500 $3,100 $13,400
2014 $5,296 $16,500 $3,100 $13,400
2013 $4,888 $16,500 $3,100 $13,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11659529

Midwest Real Estate Data (MRED)

APN: 12-21-402-065-0000