NOT LISTED FOR SALE

412 Franklin St Downers Grove, IL 60515

Estimated Value: $1,187,000 - $1,384,000

5 Beds
4.5 Baths
3,692 Sq Ft
$346/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $750,000 $203 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $8,289/month

69 Days on Market

Highlights

  • Newly Remodeled
  • 5-minute walk to Downers Grove Fairview Avenue Station
  • Wood Flooring
  • Lester Elementary School Rated A-
  • Vaulted Ceiling
  • 4-minute walk to Hummer Park

About This Home

As of August 2018

Beautiful new construction ready for occupancy! 5 Bed, 4 1/2 bath home in North Downers Grove with almost 5,000 sq. ft. of living space including a finished basement and 3rd floor. High end appliances, hardwood floors, luxurious master suite with walk-in-closet, 2nd floor laundry, and a fenced in yard with brick paver patio are just a few of the stunning features. The 1st level offers an open floor plan with 9 ft. ceilings, breakfast area, chefs kitchen, walk-in pantry, fireplace, and mud room off the attached garage. Custom kitchen is immaculate with all stainless steel appliances, undercabinet lighting, commercial 48" range, and a massive 8 foot quartz island. Hardwood floors on first and second level, as well as solid oak stairs. Master bedroom with sitting area, enormous walk-in closet and ensuite bath. Finished basement has 9 ft. ceilings, full bath, and enough space for a bedroom, rec room, and family room. Walk to town, train, award winning schools and parks

Last Agent to Sell the Property

Kyle Lonzo

Compass License #475157812 Listed on: 04/12/2018

Compass

Last Buyer's Agent

Shawna Jeninga

Listing Leaders Northwest, Inc License #475144317

Listing Leaders Northwest, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Lot Dimensions are 50x125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,692 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Heatilator
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Brick Porch or Patio

Schools

  • Lester Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,528

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: Yes
  • Property Sub-Type: 3 Stories
  • Year Built: 2018
  • Age: NEW Ready for Occupancy
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Heatilator
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Second Floor Laundry
  • LivingArea: 3692
  • Room Type: Eating Area, Bonus Room, Foyer, Mud Room, Pantry, Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Bathroom: Full

Exterior Features

  • ExteriorFeatures: Patio, Porch, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 788000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: LESTER ELEMENTARY SCHOOL
  • High School: NORTH HIGH SCHOOL
  • Middle/Junior School: HERRICK MIDDLE SCHOOL
  • Middle/Junior School District: 58

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3528
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Aug 7, 2018
Sold by
Ktp Real Estate Llc
Bought by
Scholle Michael D and Ramirez Scholle Sonya J
Seller's Agent
Kyle Lonzo
Compass
Buyer's Agent
Shawna Jeninga
Listing Leaders Northwest, Inc
List Price
$800,000
Sold Price
$750,000
Premium/Discount to List
-$50,000
-6.25%
Current Estimated Value
$1,279,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,114
Avg. Annual Appreciation
6.52%
Original Mortgage
$600,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Scholle Michael D -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scholle Michael D $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2018 08/07/18 Sold $750,000 -4.8% $203 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
05/31/2018 05/31/18 Price Changed $788,000 -0.1% $213 / Sq Ft
05/10/2018 05/10/18 Price Changed $789,000 -1.4% $214 / Sq Ft
04/12/2018 04/12/18 For Sale $800,000 -- $217 / 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 $18,081 $323,827 $45,383 $278,444
2023 $17,220 $297,690 $41,720 $255,970
2022 $15,470 $268,850 $39,500 $229,350
2021 $14,483 $265,790 $39,050 $226,740
2020 $14,220 $260,530 $38,280 $222,250
2019 $13,779 $249,980 $36,730 $213,250
2018 $14,140 $247,410 $36,510 $210,900
2017 $2,413 $41,880 $35,140 $6,740
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09913358

Midwest Real Estate Data (MRED)

APN: 09-08-223-031