Seller's Agent in 2023
Sarah O'Shea Munoz
Berkshire Hathaway HomeServices Chicago
(708) 359-1570
20 in this area
70 Total Sales
407 Franklin Ave Unit 3F River Forest, IL 60305
Estimated Value: $278,000 - $325,000
2
Beds
2
Baths
1,310
Sq Ft
$340/mo
HOA Fee
Highlights
- Lock-and-Leave Community
- Elevator
- Balcony
- Lincoln Elementary School Rated A
- Formal Dining Room
- Living Room
About This Home
As of May 2023First time on the market is this oh-so-roomy 2 BR/ 2 BA centrally-located River Forest condo. Functional and easy floor plan includes nice-sized kitchen, living and dining rooms that offer generous living space! Love the exceptionally large en-suite with plenty of room for a king-sized bed and multiple dressers. On top of that it comes with three spacious closets and a private bathroom. The 2nd BR can be used as a bedroom, office, or guest room (think Murphy bed!). Home has mostly original finishes with replacement kitchen appliances and a newer HVAC. The ample 16' X 5' east-facing balcony is a comfortable outdoor space and perfect for container gardening, relaxing and enjoying the outdoors. Near Metra, Green Line, Ike, Keystone Park, Jewel, RF library and so much more! Located in a prime River Forest location in a well-managed and financially healthy building, this one is a great find! NOTE: This is an estate sale and will be sold "As Is".
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago License #475125503 Listed on: 03/21/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,092
Year Built
- Built in 1969
Lot Details
- 1.16
HOA Fees
- $340 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,310 Sq Ft Home
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Parking
- 1 Parking Space
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
Outdoor Features
- Balcony
Schools
- Lincoln Elementary School
- Roosevelt Middle School
- Oak Park & River Forest High Sch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 58 Units
- Mary Swindal Association, Phone Number (708) 488-0757
- Property managed by Monroe Property Management
- Lock-and-Leave Community
- 5-Story Property
Amenities
- Coin Laundry
- Elevator
- Community Storage Space
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2023
Closed on
May 5, 2023
Sold by
Hutchings Family Revocable Trust
Bought by
Gerald L Reese Trust and Mary Jane Reese Trust
Seller's Agent
Sarah O'Shea Munoz
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Michael Dmyterko
Berkshire Hathaway HomeServices Chicago
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,648
Avg. Annual Appreciation
14.09%
Original Mortgage
$176,000
Outstanding Balance
$170,748
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$131,900
Purchase Details
Closed on
Jul 14, 2008
Sold by
Hutchings Denis E
Bought by
Hutchings Denis E and Hutchings Margaret P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gerald L Reese Trust | $220,000 | None Listed On Document | |
| Hutchings Denis E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gerald L Reese Trust | $176,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/09/2023 05/09/23 | Sold | $220,000 | -2.2% | $168 / Sq Ft |
| 03/23/2023 03/23/23 | Pending | -- | -- | -- |
| 03/21/2023 03/21/23 | For Sale | $225,000 | -- | $172 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,339 | $21,818 | $817 | $21,001 |
| 2023 | $3,752 | $21,818 | $817 | $21,001 |
| 2022 | $3,752 | $17,777 | $1,387 | $16,390 |
| 2021 | $2,092 | $17,776 | $1,386 | $16,390 |
| 2020 | $1,904 | $17,776 | $1,386 | $16,390 |
| 2019 | $2,150 | $16,794 | $1,253 | $15,541 |
| 2018 | $2,039 | $16,794 | $1,253 | $15,541 |
| 2017 | $1,996 | $16,794 | $1,253 | $15,541 |
| 2016 | $3,317 | $14,591 | $1,044 | $13,547 |
| 2015 | $3,190 | $14,591 | $1,044 | $13,547 |
| 2014 | $2,783 | $14,591 | $1,044 | $13,547 |
| 2013 | $4,048 | $14,348 | $1,044 | $13,304 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah O'Shea Munoz
-
Michael Dmyterko
Buyer's Agent in 2023
Michael Dmyterko
Berkshire Hathaway HomeServices Chicago
(708) 212-8933
4 in this area
44 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11736679
APN: 15-12-116-024-1029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 410 Ashland Ave Unit 1A
- 407 Ashland Ave Unit 3G
- 407 Ashland Ave Unit 5F
- 407 Ashland Ave Unit 3F
- 414 Franklin Ave Unit 3A
- 406 Franklin Ave Unit 1A
- 409 Lathrop Ave Unit 1A
- 7541 Brown Ave Unit H
- 424 Park Ave Unit 206
- 213 Ashland Ave
- 103 Des Plaines Ave
- 111 Des Plaines Ave
- 435 William St Unit 205
- 7415 Dixon St
- 414 Clinton Place Unit 302
- 7911 Oak Ave
- 148 Circle Ave Unit 303
- 148 Circle Ave Unit 401
- 7449 Washington St Unit 606
- 314 Lathrop Ave Unit 507
- 407 Franklin Ave Unit 2F
- 407 Franklin Ave Unit 2B
- 407 Franklin Ave Unit 5B
- 407 Franklin Ave Unit 4F
- 407 Franklin Ave Unit 3A
- 407 Franklin Ave Unit 3E
- 407 Franklin Ave Unit 2A
- 407 Franklin Ave Unit 3C
- 407 Franklin Ave Unit 2G
- 407 Franklin Ave Unit 5C
- 407 Franklin Ave Unit 3G
- 407 Franklin Ave Unit 1A
- 407 Franklin Ave Unit 4B
- 407 Franklin Ave Unit 4D
- 407 Franklin Ave Unit 2E
- 407 Franklin Ave Unit 5D
- 407 Franklin Ave Unit 4G
- 407 Franklin Ave Unit 5G
- 407 Franklin Ave Unit 4E
- 407 Franklin Ave Unit 4A