NOT LISTED FOR SALE

407 Franklin Ave Unit 3D River Forest, IL 60305

Estimated Value: $327,000 - $353,793

2 Beds
2 Baths
1,500 Sq Ft
$418/mo HOA Fee

Last Sold April 14, 2021

Last sale price $245,000 $163 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,401/month

28 Days on Market

Highlights

  • Den
  • Attached Garage
  • Central Air
  • Lincoln Elementary School Rated A
  • Property is near a bus stop

About This Home

As of April 2021

Looking for a bright condo on the SW corner of the building then you must see this one. Large living room with dining area, large eat- in kitchen, 3 bedrooms ( one being used as a den), lots of closet space ,2 full baths and one indoor parking space. The Greathouse Condo is a well manage and financially sound condominium, close to Metra-Blue line, grocery store, cleaners, library, churches, schools and parks. This property is being sold AS IS.

Last Agent to Sell the Property

Bob Swindal

@properties Christie's International Real Estate License #475122645 Listed on: 02/02/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Michael O'Brien

O'Brien Family Realty License #475091167

Property Details

Home Type

  • Condominium

Year Built

  • 1970

Lot Details

  • 1.16

HOA Fees

  • $418 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Den

Location

  • Property is near a bus stop

Utilities

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

Property Details

Home Type

Condominium

Year Built

1970

Lot Details

0

HOA Fees

$418 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Non-Smoking Building
  • Unit Floor Level: 3
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1970
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 1970

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 20X15, On Level: Main Level
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X11, On Level: Main Level
  • Kitchen Type: Dimensions: 12X14, On Level: Main Level
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 12X19, On Level: Main Level
  • Additional Room 1 Name: Den, Dimensions: 12X13, On Level: Main Level
  • Bedroom 2: Dimensions: 11X13, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1500

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: No Pets
  • Assessment Includes: Heat, Air Conditioning, Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 418
  • Management Contact Name: Bob Swindal
  • Management Phone: 708-205-5115

Fee Information

  • Management Company: Monroe Property Management

Schools

  • Junior High Dist: 90

Lot Info

  • Lot Dimensions: PER SURVEY
  • Parcel Identification Number: 15121160241015

Multi Family

  • Total Number Unitsin Building: 56
  • Number Stories: 5

Tax Info

  • Taxes: 5035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Apr 5, 2021
Sold by
Piaskowy Walter and Dolores Alander Memorial Trust
Bought by
Rourke John W and Percy Pearl O
Seller's Agent
Bob Swindal
@properties Christie's International Real Estate
Buyer's Agent
Michael O'Brien
O'Brien Family Realty
List Price
$265,500
Sold Price
$245,000
Premium/Discount to List
-$20,500
-7.72%
Current Estimated Value
$329,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,992
Avg. Annual Appreciation
7.18%
Original Mortgage
$184,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2019
Sold by
Davis Cecelia Irene and Leander Dolores Annette
Bought by
Piaskowy Walter and Dolores A Leander Memorial Tru

Purchase Details

Closed on
May 9, 2019
Sold by
Bmo Harris Bank N A
Bought by
Piaskowy Walter and Dolores A Leander Memorial Tru
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
Rourke John W $245,000 Chicago Title
Piaskowy Walter -- Chicago Title
Piaskowy Walter -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rourke John W $184,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2021 04/14/21 Sold $245,000 -2.0% $163 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/24/2021 02/24/21 Price Changed $249,900 -5.9% $167 / Sq Ft
02/02/2021 02/02/21 For Sale $265,500 -- $177 / 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 $2,989 $29,091 $1,089 $28,002
2023 $5,666 $29,091 $1,089 $28,002
2022 $5,666 $23,703 $1,849 $21,854
2021 $7,371 $23,702 $1,848 $21,854
2020 $5,505 $23,702 $1,848 $21,854
2019 $5,035 $22,392 $1,671 $20,721
2018 $3,324 $22,392 $1,671 $20,721
2017 $3,255 $22,392 $1,671 $20,721
2016 $6,259 $19,455 $1,392 $18,063
2015 $4,610 $19,455 $1,392 $18,063
2014 $3,826 $19,455 $1,392 $18,063
2013 $4,126 $19,131 $1,392 $17,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10985651

Midwest Real Estate Data (MRED)

APN: 15-12-116-024-1027