Cindy Schmalz
@properties Christie's International Real Estate
(224) 970-2975
110 Total Sales
8 in South Elgin
$245K - $595K Price Range
505 Franklin Dr South Elgin, IL 60177
South Elgin AreaEstimated Value: $321,000 - $424,000
3
Beds
2
Baths
2,333
Sq Ft
$161/Sq Ft
Est. Value
Highlights
- Raised Ranch Architecture
- Living Room
- Entrance Foyer
- 2 Car Attached Garage
- Laundry Room
- Forced Air Heating and Cooling System
About This Home
As of May 2025Solid home in Concord Highlands subdivision with large a lot on a quiet street. Home needs some cosmetic upgrades--build some sweat equity in this terrific location. Large Living/Dining room combo with access the rear yard from sliding doors to a deck. 3 Bedrooms and 2 full Baths on the main level. Lower level is partially finished. There is a family room, 2 bedrooms, laundry room and bath that are studded in. Some rooms have partial drywall. 2 1/2 Car attached Garage. New roof in 2018. Located about 2 blocks from Concord Park and a short distance to the Fox River Trail biking/hiking path.
Last Agent to Sell the Property
RE/MAX Horizon License #475091643 Listed on: 04/28/2025
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 Details
Home Type
- Single Family
Est. Annual Taxes
- $6,478
Year Built
- Built in 1987
Lot Details
- Lot Dimensions are 72x121
Parking
- 2 Car Attached Garage
Home Design
- Mid Level
- Raised Ranch Architecture
- Brick Exterior Construction
- Frame Construction
Interior Spaces
- 2,333 Sq Ft Home
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Partially Finished Basement
- Natural lighting in basement
Kitchen
- Range
- Microwave
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2025
Closed on
May 29, 2025
Sold by
Mainard Debra S and Mainard Mark A
Bought by
Seller's Agent
Ben Henrikson
RE/MAX Horizon
Buyer's Agent
Gretchen Weber
Baird & Warner Fox Valley - Geneva
List Price
$275,000
Sold Price
$295,000
Premium/Discount to List
$20,000
7.27%
Views
91
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
$81,381
Avg. Annual Appreciation
21.71%
Original Mortgage
$280,250
Outstanding Balance
$276,847
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$99,534
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Elgin, IL
-
Cindy Schmalz
-
Lisa Wolf
Lisa Wolf
Keller Williams North Shore West
(224) 332-2538
1,084 Total Sales
5 in South Elgin
$180K - $405K Price Range
-
Raj Patel
Raj Patel
American Star Realty
(224) 412-5984
70 Total Sales
12 in South Elgin
$335K - $651K Price Range
-
Haydee Rosas
Haydee Rosas
Coldwell Banker Realty
(708) 905-8427
122 Total Sales
1 in South Elgin
$219,500 Price
-
Karina Hiselman
Karina Hiselman
Berkshire Hathaway HomeServices Starck Real Estate
(872) 217-9978
76 Total Sales
1 in South Elgin
$335,400 Price
-
Jaeh Korwitts
Jaeh Korwitts
Compass
(630) 756-5654
102 Total Sales
1 in South Elgin
$219,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $295,000 | Chicago Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $280,250 | ||
| Previous Owner | Mainard Mark A | $80,250 | |
| Previous Owner | Mainard Mark A | $85,000 | |
| Previous Owner | Mainard Mark A | $83,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $295,000 | +7.3% | $126 / Sq Ft |
| 05/01/2025 05/01/25 | Pending | -- | -- | -- |
| 04/28/2025 04/28/25 | For Sale | $275,000 | -- | $118 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,983 | $102,404 | $20,094 | $82,310 |
| 2024 | $6,983 | $94,321 | $18,508 | $75,813 |
| 2023 | $6,478 | $85,212 | $16,721 | $68,491 |
| 2022 | $6,170 | $77,699 | $15,247 | $62,452 |
| 2021 | $5,804 | $72,643 | $14,255 | $58,388 |
| 2020 | $5,389 | $66,695 | $13,609 | $53,086 |
| 2019 | $5,184 | $63,531 | $12,963 | $50,568 |
| 2018 | $5,285 | $62,077 | $12,212 | $49,865 |
| 2017 | $5,017 | $58,685 | $11,545 | $47,140 |
| 2016 | $4,769 | $54,444 | $10,711 | $43,733 |
| 2015 | -- | $49,903 | $9,818 | $40,085 |
| 2014 | -- | $49,287 | $9,697 | $39,590 |
| 2013 | -- | $50,587 | $9,953 | $40,634 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Henrikson
Seller's Agent in 2025
Ben Henrikson
RE/MAX
(847) 931-7500
100 Total Sales
-
Gretchen Weber
Buyer's Agent in 2025
Gretchen Weber
Baird Warner
(815) 757-0617
142 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12348311
APN: 06-35-354-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 391 S Collins St Unit G
- 542 Waterford Ln
- 565 Liberty Ave
- 319 Windsor Ct Unit B
- 343 Hickory Ln
- 5 Vernon Ct
- 548 Arbor Ln
- 1 Stratford Ct
- 19 Longview Ct
- 525 Arlington Ln
- 1028 West Dr
- 745 Sunbury Rd
- 466 Comstock Rd
- 1068 N Camden Ln
- 7N504 State Route 31
- 1092 N Camden Ln
- 23 Linden Ct
- 510 E Spring Ave
- 1211 N Lancaster Cir
- 1450 Pinehill St
- 525 Franklin Dr
- 528 Oakwood Ln
- 473 Franklin Dr
- 545 Franklin Dr
- 532 Oakwood Ln
- 421 Ashbrook Ln
- 506 Franklin Dr
- 546 Oakwood Ln
- 488 Franklin Dr
- 526 Franklin Dr
- 410 S Collins St
- 565 Franklin Dr Unit 1
- 565 Franklin Ave
- 472 Franklin Dr
- 546 Franklin Dr
- 560 Oakwood Ln
- 414 S Collins St
- 431 Ashbrook Ln
- 566 Franklin Dr
- 574 Oakwood Ln
Your Personal Tour Guide
Ask me questions while you tour the home.