NOT LISTED FOR SALE

406 Franklin Ave Unit 1C River Forest, IL 60305

Estimated Value: $176,000 - $192,000

2 Beds
1 Bath
-- Sq Ft
$267/mo HOA Fee

Last Sold April 05, 2019

Last sale price $131,000

Est. 40% increase in value since last sale

Current estimated payment $1,559/month

5 Days on Market

Highlights

  • Formal Dining Room
  • Living Room
  • Laundry Room
  • Lincoln Elementary School Rated A
  • Resident Manager or Management On Site
  • 3-minute walk to Keystone Park East

About This Home

As of April 2019

Bright 2 bedroom unit in well-maintained building with great location! Features include: large modern eat-in kitchen, spacious bedrooms, lots of closet space and updated bathroom. All this and deeded parking space included! Walk to downtown Oak Park and River Forest shopping. Neutral decor, nothing to do but move-in! Great space for a great price!

Last Agent to Sell the Property

Mike Becker

RE/MAX In The Village License #475124790 Listed on: 01/21/2019

RE/MAX In The Village

Last Buyer's Agent

Christopher McAllister

McAllister Real Estate License #471002408

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,269

Year Built

  • Built in 1965

Lot Details

  • 10,106

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • 60 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 11 Units
  • Lauren Association, Phone Number (630) 941-0135
  • Property managed by Franklin House

Amenities

  • Common Area
  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Pets up to 30 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,269

Year Built

Built in 1965

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 135000
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers, Service - 60 Amp
  • Heating: Natural Gas, Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 267
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: Franklin House
  • Management Contact Name: Lauren
  • Management Phone: 630-941-0135
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 90

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 4268.8
  • Tax Year: 2017
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Apr 1, 2019
Sold by
Buvak Greifelt Kenneth R and Buvak Greifelt Carlene M
Bought by
Apacible Alexandra
Seller's Agent
Mike Becker
RE/MAX In The Village
Buyer's Agent
Christopher McAllister
McAllister Real Estate
List Price
$135,000
Sold Price
$131,000
Premium/Discount to List
-$4,000
-2.96%
Current Estimated Value
$183,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,368
Avg. Annual Appreciation
5.22%
Original Mortgage
$115,000
Outstanding Balance
$101,749
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$81,619

Purchase Details

Closed on
Aug 26, 2008
Sold by
Brown Renaldo D
Bought by
Buvak Greifelt Kenneth R and Buvak Greifelt Carlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2002
Sold by
Barrett Maura E
Bought by
Brown Renaldo D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,550
Interest Rate
8.99%

Purchase Details

Closed on
Mar 23, 1999
Sold by
Lasalle National Bank
Bought by
Barrett Maura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

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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
Apacible Alexandra $131,000 Attorney
Buvak Greifelt Kenneth R $148,000 First American Title
Brown Renaldo D $143,000 --
Barrett Maura E $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Apacible Alexandra $115,000
Previous Owner Buvak Greifelt Kenneth R $118,400
Previous Owner Brown Renaldo D $121,550
Previous Owner Barrett Maura E $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $131,000 -3.0% --
01/26/2019 01/26/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $135,000 -- --
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 $3,936 $14,377 $1,059 $13,318
2023 $4,501 $15,025 $1,059 $13,966
2022 $4,501 $13,941 $862 $13,079
2021 $4,335 $13,939 $861 $13,078
2020 $4,236 $13,939 $861 $13,078
2019 $3,394 $14,361 $787 $13,574
2018 $4,266 $17,953 $787 $17,166
2017 $4,269 $17,953 $787 $17,166
2016 $3,698 $13,993 $664 $13,329
2015 $3,593 $13,993 $664 $13,329
2014 $3,307 $13,993 $664 $13,329
2013 $2,989 $13,222 $664 $12,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10253589

Midwest Real Estate Data (MRED)

APN: 15-12-115-018-1003