NOT LISTED FOR SALE

Estimated Value: $796,436 - $879,000

4 Beds
1.5 Baths
2,269 Sq Ft
$370/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2022

Last sale price $632,000 $279 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,622 / mo

Highlights

  • Breakfast Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Longfellow Elementary School Rated A
  • Laundry Room
  • 4-minute walk to Memorial Park

About This Home

As of April 2022

Welcome to 404 Franklin. If you are seeking a home that is walking distance to a fantastic suburban downtown, the Metra, and outstanding schools, then you have found the 'one'. This four bedroom home has been the exclusive family retreat for the current owners for the past 40 years and is located in one of the most desired neighborhoods in all of Wheaton. While the family has made many updates over the years, the property is perfect for those looking to add their own design style. A number of options exist to add value to the home without undertaking an addition. However, expanding the home over the garage to create a new master suite is certainly an option. This is the type of home that can be moved into today with value add opportunities down the road. Come visit today.

Last Agent to Sell the Property

Mike Wolson

Compass License #475168248 Listed on: 03/02/2022

Compass

Last Buyer's Agent

Lance Kammes

RE/MAX Suburban License #475090263

RE/MAX Suburban

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,959

Year Built

  • Built in 1961

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 134x90

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

  • 2,269 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Schools

  • Longfellow Elementary School
  • Franklin Middle School
  • Wheaton North High School

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,959

Year Built

Built in 1961

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1961
  • 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 2269
  • Room Type: Breakfast Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • 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

  • Elementary School: Longfellow Elementary School
  • High School: Wheaton North High School
  • Middle/Junior School: Franklin Middle School

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 134X90
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10959.38
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Apr 1, 2022
Sold by
Steck Francis
Bought by
Seller's Agent
Mike Wolson
Compass
Buyer's Agent
Lance Kammes
RE/MAX Suburban
List Price
$589,000
Sold Price
$632,000
Premium/Discount to List
$43,000
7.3%
Current Estimated Value
$840,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,109
Avg. Annual Appreciation
6.70%
Original Mortgage
$505,600
Outstanding Balance
$465,284
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$374,825
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$632,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $505,600
Closed Vlasman Matthew $505,600
Previous Owner Steck Francis T $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/11/2022 04/11/22 Sold $632,000 +7.3% $279 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $589,000 -- $260 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,111 $195,911 $53,549 $142,362
2023 $11,646 $180,330 $49,290 $131,040
2022 $11,040 $170,420 $46,580 $123,840
2021 $10,996 $166,370 $45,470 $120,900
2020 $10,959 $164,820 $45,050 $119,770
2019 $10,701 $160,470 $43,860 $116,610
2018 $10,488 $155,810 $41,340 $114,470
2017 $10,321 $150,060 $39,810 $110,250
2016 $10,171 $144,070 $38,220 $105,850
2015 $10,077 $137,440 $36,460 $100,980
2014 $11,544 $153,380 $30,500 $122,880
2013 $11,248 $153,840 $30,590 $123,250
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11336560

Midwest Real Estate Data (MRED)

APN: 05-17-225-007

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