Seller's Agent in 2016
Elaine Specha
Berkshire Hathaway HomeServices American Heritage
(847) 312-6679
12 in this area
82 Total Sales
489 Franklin Ln Elk Grove Village, IL 60007
Elk Grove Village West NeighborhoodEstimated Value: $472,000 - $507,000
3
Beds
3
Baths
1,875
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- Spa
- Wood Flooring
- Attached Garage
- Frederick Nerge Elementary School Rated A-
- Heated Sun or Florida Room
- 2-minute walk to Potomac Park
About This Home
As of June 2016Beautiful home with sunroom addition offers so much room and so many upgrades! New gleaming hardwood floors throughout upper floor with marble surround on living room fireplace. Gorgeous kitchen with new cabinets , granite countertops and newer appliances. Both baths updated on upper level too. Lower level is great entertaining space or "man cave" with fireplace and large sunroom addition with hot tub that opens to private yard. Excellent location close to shops and transportation , and a short walk to Fountain Square Park. Award winning Conant HS and Mead Jr. High, Jr high is walking distance too. Come see this and make it your own!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices American Heritage License #471001283 Listed on: 05/03/2016
Last Buyer's Agent
Danny Thomas
American Realty Network Inc.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,394
Year Built
- 1979
Lot Details
- 7,971
Parking
- Attached Garage
- Garage Door Opener
- Parking Included in Price
- Garage Is Owned
Home Design
- Vinyl Siding
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Fireplace With Gas Starter
- Heated Sun or Florida Room
- Wood Flooring
- Storm Screens
Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Finished Basement Bathroom
Outdoor Features
- Spa
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2016
Closed on
Jun 21, 2016
Sold by
Driscoll Virginia V
Bought by
Reya Luke John J and Reya Varghrse
Seller's Agent
Elaine Specha
Berkshire Hathaway HomeServices American Heritage
Buyer's Agent
Danny Thomas
American Realty Network Inc.
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
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
$197,708
Avg. Annual Appreciation
5.65%
Original Mortgage
$280,250
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 26, 2013
Sold by
Stromsen Marcia A
Bought by
Driscoll Virginia V and The Marcia A Stromsen Irrevocable Trust
Purchase Details
Closed on
May 5, 1998
Sold by
Stromsen Marcia A
Bought by
Stromsen Marcia A and Marcia A Stromsen Trust
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 |
|---|---|---|---|
| Reya Luke John J | $295,000 | Attorney | |
| Driscoll Virginia V | -- | None Available | |
| Stromsen Marcia A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Luke John J | $251,800 | |
| Closed | Reya Luke John J | $280,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2016 06/28/16 | Sold | $295,000 | -9.2% | $157 / Sq Ft |
| 05/12/2016 05/12/16 | Pending | -- | -- | -- |
| 05/03/2016 05/03/16 | For Sale | $325,000 | -- | $173 / 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 | $7,394 | $28,769 | $10,348 | $18,421 |
| 2023 | $7,159 | $28,769 | $10,348 | $18,421 |
| 2022 | $7,159 | $28,769 | $10,348 | $18,421 |
| 2021 | $6,657 | $24,251 | $6,766 | $17,485 |
| 2020 | $6,558 | $24,251 | $6,766 | $17,485 |
| 2019 | $7,524 | $26,946 | $6,766 | $20,180 |
| 2018 | $7,464 | $23,896 | $5,771 | $18,125 |
| 2017 | $7,383 | $23,896 | $5,771 | $18,125 |
| 2016 | $7,834 | $27,179 | $5,771 | $21,408 |
| 2015 | $5,796 | $23,197 | $4,776 | $18,421 |
| 2014 | $5,748 | $23,197 | $4,776 | $18,421 |
| 2013 | $5,569 | $23,197 | $4,776 | $18,421 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Buyer's Agent in 2016
Danny Thomas
American Realty Network Inc.
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09213899
APN: 07-25-300-026-0000
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