NOT LISTED FOR SALE

407 Franklin Ave Unit 3E River Forest, IL 60305

Estimated Value: $364,000 - $478,000

3 Beds
2 Baths
1,800 Sq Ft
$454/mo HOA Fee

Last Sold August 23, 2013

Last sale price $280,000 $156 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,210/month

83 Days on Market

Highlights

  • Attached Garage
  • Lincoln Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of August 2013

This is one of a kind in size and condition. largest unit in the building. 3 BR's plus Fam Rm or office. 2 full baths. Updated kitchen with granite counters, SS appliances, eat in area and pass through to the DR. Recently remodeled bath with roll in shower. Brazilian Cherry stained floors. Freshly painted. 2 garage parking spaces.

Last Agent to Sell the Property

Andrew Gagliardo

Compass License #471001960 Listed on: 04/15/2013

Compass

Last Buyer's Agent

Jan Raspatello

@properties Christie's International Real Estate License #475138184

@properties   Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,126

Lot Details

  • 1.16

HOA Fees

  • $454 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,126

Lot Details

0

HOA Fees

$454 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Type Attached: Condo
  • Disability Access: Yes
  • Disability Access Details: Grab Bars in Bathroom(s), Roll-In Shower
  • Unit Floor Level: 3
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 20X19, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X11, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 19X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1800
  • Family Room: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment/Association Fees: 454
  • Assessment Includes: Heat, Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Management Company: Monroe Management

Schools

  • School District: 200
  • Elementary School: LINCOLN ELEMENTARY SCHOOL
  • Middle School: ROOSEVELT SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 90

Lot Info

  • Lot Dimensions: CONDO

Multi Family

  • Total Number Unitsin Building: 58
  • Number Stories: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2019
Sold by
Hess Frederick W and Hess Mary Ann
Bought by
Hess Fred W and The Fred W Hess Jr Declaration Of Trust
Current Estimated Value
$406,136

Purchase Details

Closed on
Mar 30, 2017
Sold by
Connolly Shannor R and Mcauley Lucas G
Bought by
Hess Frederickw and Hess Mary Ann

Purchase Details

Listed on
Apr 15, 2013
Closed on
Aug 23, 2013
Sold by
Donahugh James P
Bought by
Connolly Shannon R and Mc Auley Lucas G
Seller's Agent
Andrew Gagliardo
Compass
Buyer's Agent
Jan Raspatello
@properties Christie's International Real Estate
List Price
$315,000
Sold Price
$280,000
Premium/Discount to List
-$35,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$224,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2011
Sold by
Lund Sallie A
Bought by
Donahugh James P

Purchase Details

Closed on
Jul 9, 2010
Sold by
Lund Bruce D
Bought by
Lund Sallie A

Purchase Details

Closed on
Oct 27, 2008
Sold by
Silverman Martin and Silverman Belle C
Bought by
Lund Bruce D and Lund Sallie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2005
Sold by
Osullivan Michael D
Bought by
Silverman Martin and Silverman Belle C
Source: Public Records

Range of Values:

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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
Hess Fred W -- Attorney
Hess Frederickw $305,000 Greater Illinois Title
Connolly Shannon R $280,000 Cti
Donahugh James P $260,000 Attorneys Title Guaranty Fun
Lund Sallie A -- None Available
Lund Bruce D $300,000 Chicago Title Insurance Co
Silverman Martin $330,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Connolly Shannon R $224,000
Previous Owner Lund Bruce D $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $280,000 -6.4% $156 / Sq Ft
07/07/2013 07/07/13 Pending -- -- --
06/05/2013 06/05/13 Price Changed $299,000 -5.1% $166 / Sq Ft
04/15/2013 04/15/13 For Sale $315,000 -- $175 / 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 $7,126 $32,000 $1,198 $30,802
2023 $6,432 $32,000 $1,198 $30,802
2022 $6,432 $26,075 $2,034 $24,041
2021 $6,244 $26,073 $2,033 $24,040
2020 $6,226 $26,073 $2,033 $24,040
2019 $5,730 $24,632 $1,838 $22,794
2018 $5,422 $24,632 $1,838 $22,794
2017 $5,434 $24,632 $1,838 $22,794
2016 $6,885 $21,402 $1,532 $19,870
2015 $6,764 $21,402 $1,532 $19,870
2014 $6,195 $21,402 $1,532 $19,870
2013 $5,938 $21,045 $1,532 $19,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08316975

Midwest Real Estate Data (MRED)

APN: 15-12-116-024-1028