NOT LISTED FOR SALE

407 Franklin Ave Unit 5B River Forest, IL 60305

Estimated Value: $291,834 - $342,000

2 Beds
2 Baths
-- Sq Ft
$309/mo HOA Fee

Last Sold May 29, 2018

Last sale price $197,000

Est. 65% increase in value since last sale

Current estimated payment $2,402/month

88 Days on Market

Highlights

  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • Senior Tax Exemptions
  • Lincoln Elementary School Rated A

About This Home

As of May 2018

MOTIVATED SELLER. GREAT PRICE REDUCTION. Well-maintained elevator building in beautiful River Forest; 2BRs 2BA on top floor with west tree top view from your private balcony. New carpeting throughout; spacious LR/DR for entertaining. Eat-in Kitchen. Master with en suite bath plus great closet space; laundry on 1st floor. Freshly painted in most rooms. Assigned parking space. Near Jewel, Medical Center, nearby parks, tennis courts and shopping area. Very sought-after condo building.

Last Agent to Sell the Property

Carol Creadon

@properties Listed on: 01/25/2018

Last Buyer's Agent

Monica Dalton

Compass License #475136127

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,339

Year Built

  • 1966

Lot Details

  • 1.16

HOA Fees

  • $309 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $250 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,339

Year Built

1966

Lot Details

0

HOA Fees

$309 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Unit Floor Level: 5
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1966
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 1966

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 31X15, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 15X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: No Pets
  • Assessment Includes: Heat, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 309
  • Management Contact Name: Bob Swidal
  • Management Phone: 708-205-5115

Fee Information

  • Management Company: Bob Swidal Company

Schools

  • School District: 200
  • Junior High Dist: 90

Lot Info

  • Parcel Identification Number: 15121160241053

Multi Family

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

Tax Info

  • Taxes: 3317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2018
Closed on
May 29, 2018
Sold by
Darre Kenneth R
Bought by
Campbell James L and Radtke Barbara J
Seller's Agent
Carol Creadon
@properties
Buyer's Agent
Monica Dalton
Compass
List Price
$230,000
Sold Price
$197,000
Premium/Discount to List
-$33,000
-14.35%
Current Estimated Value
$325,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,209
Avg. Annual Appreciation
7.04%
Original Mortgage
$147,750
Outstanding Balance
$106,774
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$218,435
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
Campbell James L $197,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell James L $147,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2018 05/29/18 Sold $197,000 -8.4% --
04/23/2018 04/23/18 Pending -- -- --
02/05/2018 02/05/18 Price Changed $215,000 -6.5% --
01/25/2018 01/25/18 For Sale $230,000 -- --
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 $3,664 $17,776 $1,386 $16,390
2020 $3,705 $17,776 $1,386 $16,390
2019 $3,297 $16,794 $1,253 $15,541
2018 $3,118 $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 $4,611 $14,591 $1,044 $13,547
2014 $4,224 $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: MRD09831262

Midwest Real Estate Data (MRED)

APN: 15-12-116-024-1053