NOT LISTED FOR SALE

3602 Elder Ln Franklin Park, IL 60131

Estimated Value: $326,424 - $411,000

3 Beds
2 Baths
1,300 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $159,000 $122 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,383/month

74 Days on Market

Highlights

  • Bonus Room
  • Detached Garage
  • 3-minute walk to Ruby Addison Park
  • East Leyden High School Rated A-
  • Utility Room with Study Area

About This Home

As of July 2014

Nice house on corner lot! Finished basement with another bathroom and additional rooms. Close to schools, parks, and shops. 2nd floor with 2 more rooms(feel warm, but have no heating registers). This is a shortsale. please allow time for liend holder approval. Sold "as is". Buyer responsible for village required repairs if any.

Last Agent to Sell the Property

Roberto Loza

Kale Realty License #475136053 Listed on: 01/31/2014

Kale Realty

Last Buyer's Agent

Michael Kent

Home Details

Home Type

  • Single Family

Lot Details

  • 3,093

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Bonus Room
  • Utility Room with Study Area

Finished Basement

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

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1.5 Story
  • Estimated Year Built: U
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 18X12, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 14X12, On Level: Main Level
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level
  • Additional Rooms: Bonus, Study
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level
  • Additional Room 1 Name: Other, Dimensions: 10X10, On Level: Basement, Flooring: Ceramic Tile
  • Additional Room 2 Name: Bonus, Dimensions: 14X10, On Level: 2nd Level
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level
  • Additional Room 3 Name: Study, Dimensions: 14X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 10X10, On Level: Basement
  • Estimated Sq Ft: 1300
  • Family Room: Dimensions: 18X12, On Level: Basement

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Brick, Frame

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 84

Lot Info

  • Lot Dimensions: 50 X 125
  • Parcel Identification Number: 12212070470000

Tax Info

  • Taxes: 4537

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2014
Closed on
Jul 30, 2014
Sold by
Orozco Juan Pablo and Orozco Luz Maria
Bought by
Gutierrez Jose L and Gutierrez Maria R
Seller's Agent
Roberto Loza
Kale Realty
Buyer's Agent
Michael Kent
List Price
$170,000
Sold Price
$159,000
Premium/Discount to List
-$11,000
-6.47%
Current Estimated Value
$369,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,606
Avg. Annual Appreciation
7.63%
Original Mortgage
$156,120
Outstanding Balance
$118,277
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$251,329

Purchase Details

Closed on
Feb 16, 2007
Sold by
Modrich George and Modrich Harriet J
Bought by
Orozco Juan Pablo and Orozco Luz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 1994
Sold by
Modrich George and Modrich Harriet J
Bought by
Modrich George and Modrich Harriet J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gutierrez Jose L $159,000 Greater Metropolitan Title L
Orozco Juan Pablo $265,000 Attorneys Title Guaranty Fun
Modrich George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Jose L $156,120
Previous Owner Orozco Juan Pablo $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2014 07/30/14 Sold $159,000 -0.6% $122 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
04/08/2014 04/08/14 Price Changed $159,900 -3.1% $123 / Sq Ft
02/24/2014 02/24/14 Price Changed $165,000 -2.9% $127 / Sq Ft
01/31/2014 01/31/14 For Sale $170,000 -- $131 / 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 $5,407 $23,916 $3,410 $20,506
2024 $5,407 $19,291 $2,790 $16,501
2023 $5,360 $19,291 $2,790 $16,501
2022 $5,360 $19,291 $2,790 $16,501
2021 $3,439 $11,337 $2,015 $9,322
2020 $3,402 $11,337 $2,015 $9,322
2019 $3,408 $12,894 $2,015 $10,879
2018 $4,067 $13,395 $1,705 $11,690
2017 $4,079 $13,395 $1,705 $11,690
2016 $4,030 $13,395 $1,705 $11,690
2015 $5,115 $13,970 $1,550 $12,420
2014 $4,422 $13,970 $1,550 $12,420
2013 $4,256 $13,970 $1,550 $12,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08527711

Midwest Real Estate Data (MRED)

APN: 12-21-207-047-0000