NOT LISTED FOR SALE

488 Franklin Dr South Elgin, IL 60177

Estimated Value: $331,402 - $382,000

5 Beds
3 Baths
2,100 Sq Ft
$171/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $236,000 $112 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,456/month

76 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Fenced Yard
  • South Elgin High School Rated A-
  • Main Floor Bedroom
  • Attached Garage

About This Home

As of December 2019

Great opportunity to own this Raised Ranch! Well-maintained! Lots of room! Spacious kitchen with generous table space. Plenty of windows to bring in natural light throughout the home. Ample space: 5 bedrooms (2 in the bright English Basement). Huge family room/rec room in finished basement with lots of natural light. Beautiful above ground pool with roomy deck is perfect for entertaining or relaxing. Large fenced back yard has room for garden, recreation, enjoying the view. 2 car attached garage.

Last Agent to Sell the Property

Susan Macino

@properties Christie's International Real Estate License #475133057 Listed on: 08/09/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Elvia Estrada

Smart Home Realty License #475142183

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,854

Year Built

  • 1969

Lot Details

  • 8,276

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • English Basement
  • Fenced Yard

Listing and Financial Details

  • $6,400 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,854

Year Built

1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.2
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Living Room: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable, Sump Pump
  • Basement: English
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Half
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 11X17, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 10X10, On Level: Lower, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 9X9, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 10X11, On Level: Lower, Flooring: Carpet
  • Estimated Sq Ft: 2100
  • Family Room: Dimensions: 16X11, On Level: Lower, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Pool Above Ground
  • Acreage: 0.1921

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 46
  • Elementary School: Clinton Elementary School
  • Middle School: Kenyon Woods Middle School
  • High School: South Elgin High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 8712
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0635353006

Tax Info

  • Taxes: 4717.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Nov 25, 2019
Sold by
Schaeffer David L and Schaeffer Lynn Dee L
Bought by
Salto Alfonso Gonzalez and Gonzalez Elvira
Seller's Agent
Susan Macino
@properties Christie's International Real Estate
Buyer's Agent
Elvia Estrada
Smart Home Realty
List Price
$244,900
Sold Price
$236,000
Premium/Discount to List
-$8,900
-3.63%
Current Estimated Value
$359,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,351
Avg. Annual Appreciation
7.67%
Original Mortgage
$231,725
Outstanding Balance
$207,778
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$151,574
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salto Alfonso Gonzalez $236,000 Proper Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salto Alfonso Gonzalez $231,725
Previous Owner Schaeffer David L $150,000
Previous Owner Schaeffer David L $154,501
Previous Owner Schaeffer David L $152,218
Previous Owner Schaeffer David L $75,000
Previous Owner Schaeffer David L $42,267
Previous Owner Schaeffer David L $10,000
Previous Owner Schaeffer David L $106,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $236,000 -1.7% $112 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
09/11/2019 09/11/19 Price Changed $240,000 -2.0% $114 / Sq Ft
08/09/2019 08/09/19 For Sale $244,900 -- $117 / 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 $5,854 $82,180 $18,508 $63,672
2023 $5,558 $74,244 $16,721 $57,523
2022 $5,309 $67,698 $15,247 $52,451
2021 $4,990 $63,293 $14,255 $49,038
2020 $4,634 $58,194 $13,609 $44,585
2019 $4,454 $55,433 $12,963 $42,470
2018 $4,717 $56,050 $12,212 $43,838
2017 $4,474 $52,988 $11,545 $41,443
2016 $4,248 $49,159 $10,711 $38,448
2015 -- $45,059 $9,818 $35,241
2014 -- $44,503 $9,697 $34,806
2013 -- $45,677 $9,953 $35,724
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10480919

Midwest Real Estate Data (MRED)

APN: 06-35-353-006