NOT LISTED FOR SALE

3532 Elder Ln Franklin Park, IL 60131

Estimated Value: $346,892 - $365,000

3 Beds
1 Bath
1,592 Sq Ft
$222/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $156,000 $98 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,483/month

34 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Laundry Room
  • North Elementary School Rated 9+
  • Living Room
  • Forced Air Heating System

About This Home

As of December 2019

LOCATION, LOCATION, LOCATION. ALMOST 1600 SQ FT. NORTH FRANKLIN PARK SMALLER BI-LEVEL WITH HARDWOOD FLOORS. HUGE FAMILY ROOM BRICK ADDITION HAS AN ARTIFICIAL FIREPLACE WITH A GAS HOOK UP. FURNACE AROUND 15 YEARS. NEW ROOF AND NEW HOT WATER HEATER. REMODELED BATHROOM. YOU MUST WALK THRU A BEDROOM TO GET TO THE PARTIAL BASEMENT WHICH IS LARGE ENOUGH ONLY FOR LAUNDRY AND FURNACE. FULL ATTIC WITH LOTS OF STORAGE. BEING SOLD AS-IS. LARGE PRIVATE FENCED YARD. CLOSE TO NORTH PARK. WALK TO HIGH SCHOOL. COME TAKE A LOOK.

Last Agent to Sell the Property

Donna Raven

RE/MAX City License #475103894 Listed on: 09/29/2019

RE/MAX City

Last Buyer's Agent

Cristino Aguirre

Realty of America, LLC License #471021933

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,997

Year Built

  • Built in 1958

Lot Details

  • 4,835 Sq Ft Lot
  • Lot Dimensions are 39 x 124
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Bi-Level Home

Interior Spaces

  • 1,592 Sq Ft Home
  • Decorative Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Range
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • North Elementary School
  • Hester Junior High School
  • East Leyden High School

Utilities

  • No Cooling
  • Forced Air Heating 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

$6,997

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1592
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: North Elementary School
  • High School: East Leyden High School
  • Middle/Junior School: Hester Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.111
  • Lot Dimensions: 39 X 124
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6997.12
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2019
Closed on
Dec 6, 2019
Sold by
Medina Gregory E and Medina Maria
Bought by
Aiello Sebastiano A and Aiello Benedetta G
Seller's Agent
Donna Raven
RE/MAX City
Buyer's Agent
Cristino Aguirre
Realty of America, LLC
List Price
$199,900
Sold Price
$156,000
Premium/Discount to List
-$43,900
-21.96%
Current Estimated Value
$364,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,804
Avg. Annual Appreciation
14.38%
Original Mortgage
$124,800
Outstanding Balance
$109,538
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$244,426

Purchase Details

Listed on
Feb 19, 2016
Closed on
Mar 21, 2016
Sold by
Larsen Tim and Larsen Denise
Bought by
Medina Gregory
Seller's Agent
Donna Raven
RE/MAX City
Buyer's Agent
Ricardo Braglia
River Elm Properties
List Price
$115,000
Sold Price
$125,000
Premium/Discount to List
$10,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$118,750
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aiello Sebastiano A $156,000 Chicago Title
Medina Gregory $125,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aiello Sebastiano A $124,800
Previous Owner Medina Gregory $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2019 12/09/19 Sold $156,000 -7.7% $98 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
10/24/2019 10/24/19 Price Changed $169,000 -5.6% $106 / Sq Ft
10/11/2019 10/11/19 Price Changed $179,000 -2.7% $112 / Sq Ft
10/03/2019 10/03/19 Price Changed $184,000 -8.0% $116 / Sq Ft
09/28/2019 09/28/19 For Sale $199,900 +59.9% $126 / Sq Ft
04/01/2016 04/01/16 Sold $125,000 +8.7% $79 / Sq Ft View Prior Sale
02/29/2016 02/29/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $115,000 -- $72 / 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
2025 $6,902 $30,000 $5,320 $24,680
2024 $6,902 $25,788 $4,352 $21,436
2023 $7,472 $25,788 $4,352 $21,436
2022 $7,472 $27,000 $4,352 $22,648
2021 $5,768 $17,894 $3,143 $14,751
2020 $6,743 $17,894 $3,143 $14,751
2019 $5,818 $20,220 $3,143 $17,077
2018 $6,997 $20,776 $2,659 $18,117
2017 $8,717 $21,919 $2,659 $19,260
2016 $7,179 $21,919 $2,659 $19,260
2015 $2,206 $19,839 $2,418 $17,421
2014 $2,103 $19,839 $2,418 $17,421
2013 $1,996 $19,839 $2,418 $17,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10532500

Midwest Real Estate Data (MRED)

APN: 12-21-401-064-0000