NOT LISTED FOR SALE

407 Franklin Ave Unit 4F River Forest, IL 60305

Estimated Value: $314,523 - $334,000

2 Beds
2 Baths
1,333 Sq Ft
$315/mo HOA Fee

Last Sold June 08, 2021

Last sale price $255,000 $191 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,405/month

16 Days on Market

Highlights

  • Corner Lot
  • 1 Car Attached Garage
  • Resident Manager or Management On Site
  • Lincoln Elementary School Rated A
  • Intercom
  • Storage

About This Home

As of June 2021

Sharp 4th floor unit with large Balcony, in popular, extremely well-maintained building. You'll appreciate the heated garage parking space (#16), elevator, main floor laundry and choice, central location. The unit features new real hardwood flooring in the spacious Living Room (with sliding doors that lead to the balcony) and Dining Room (with built-in cabinetry), and brand new carpeting in the bedrooms. Updated vanities in the baths and lovely eat-in kitchen with great cabinet space, double sink, extension faucet, granite counters, subway tile backsplash and exceptional closet space. New furnace and central air conditioning in 2017. 100% owner occupied building with substantial reserve funds means this top notch building could be the one for you!

Last Agent to Sell the Property

Patti Sprafka Wagner

RE/MAX In The Village License #475092330 Listed on: 04/16/2021

RE/MAX In The Village

Last Buyer's Agent

Deborah Wess

Berkshire Hathaway HomeServices Chicago License #475165939

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,149

Year Built

  • Built in 1968

Lot Details

  • 1.16

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,333 Sq Ft Home
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage
  • Intercom

Kitchen

  • Range
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Lincoln Elementary School
  • Roosevelt Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 58 Units
  • Mary Association, Phone Number (708) 488-0757
  • Property managed by Monroe Management Co.
  • 5-Story Property

Amenities

  • Coin Laundry
  • Lobby
  • Community Storage Space
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,149

Year Built

Built in 1968

Lot Details

0

HOA Fees

$315 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1968
  • 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: 4
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Wood Laminate Floors, Storage, Some Carpeting, Some Window Treatmnt, Some Wood Floors, Lobby, Some Wall-To-Wall Cp
  • LivingArea: 1333
  • Other Equipment: Intercom, Fire Sprinklers
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)

Exterior Features

  • List Price: 250000
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 315
  • Association Amenities: Coin Laundry, Elevator(s), Storage, Elevator(s), Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Monroe Management Co.
  • Management Contact Name: Mary
  • Management Phone: 708-488-0757

Fee Information

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

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School
  • Middle/Junior School District: 90

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4148.85
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2024
Sold by
Stills Wayne and Weisglass Lisa
Bought by
Wayne T Stills Revocable Trust and Stills
Current Estimated Value
$324,631

Purchase Details

Closed on
Oct 21, 2024
Sold by
Pearson Sandra H and Pearson Sandra
Bought by
Pearson Sandra H and Pearson Sandra

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 4, 2021
Sold by
Seyfried Dorris and Court Michael T
Bought by
Weisglass Lisa and Stills Wayne
Seller's Agent
Patti Sprafka Wagner
RE/MAX In The Village
Buyer's Agent
Deborah Wess
Berkshire Hathaway HomeServices Chicago
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$191,250
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2016
Closed on
Jun 22, 2016
Sold by
Prescott Richard W and Richard W Prescott Trust
Bought by
Seyfreid Dorrie and Seyfried Meals Kade J
Seller's Agent
Bobbi Eastman
Baird & Warner
Buyer's Agent
Patti Sprafka Wagner
RE/MAX In The Village
List Price
$200,000
Sold Price
$201,175
Premium/Discount to List
$1,175
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$180,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2011
Sold by
Prescott Richard W and Prescott Ruth J
Bought by
Prescott Ruth J and Ruth J Prescott Trust

Purchase Details

Closed on
Aug 23, 2010
Sold by
Francis Patricia L
Bought by
Prescott Richard W and Prescott Ruth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wayne T Stills Revocable Trust -- None Listed On Document
Wayne T Stills Revocable Trust -- None Listed On Document
Pearson Sandra H -- None Listed On Document
Weisglass Lisa $255,000 First American Title
Seyfreid Dorrie $201,500 Baird & Warner Title Service
Prescott Ruth J -- None Available
Prescott Richard W $145,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weisglass Lisa $191,250
Previous Owner Seyfreid Dorrie $180,000
Previous Owner Prescott Richard W $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2021 06/08/21 Sold $255,000 +2.0% $191 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
05/02/2021 05/02/21 For Sale -- -- --
04/16/2021 04/16/21 For Sale $250,000 +24.3% $188 / Sq Ft
07/19/2016 07/19/16 Sold $201,175 +0.6% -- View Prior Sale
06/05/2016 06/05/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $200,000 -- --
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 $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 $4,492 $17,776 $1,386 $16,390
2020 $4,459 $17,776 $1,386 $16,390
2019 $4,149 $16,794 $1,253 $15,541
2018 $3,926 $16,794 $1,253 $15,541
2017 $3,929 $16,794 $1,253 $15,541
2016 $3,890 $14,591 $1,044 $13,547
2015 $4,611 $14,591 $1,044 $13,547
2014 $2,949 $14,591 $1,044 $13,547
2013 $2,777 $14,348 $1,044 $13,304
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11055881

Midwest Real Estate Data (MRED)

APN: 15-12-116-024-1043