NOT LISTED FOR SALE

505 Franklin St Dekalb, IL 60115

DeKalb Area

Estimated Value: $198,000 - $234,000

4 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: June 15, 2022

Last sale price $160,000

Est. 33% increase in value since last sale

Current estimated payment $1,552 / mo

262 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • 5-minute walk to Hallgren Park

About This Home

As of June 2022

Nice corner lot 2-unit rental close to downtown. Enjoy the spacious master bedroom in the downstairs unit.

Last Agent to Sell the Property

David Coovert

Home Zone Realty Inc License #475157860 Listed on: 09/13/2021

Last Buyer's Agent

Michelle Whitlow

Keller Williams Realty Signature License #475185932

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,389

Year Built

  • Built in 1945

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 76.65x66.14x76.57x66.15

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Deck
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $20,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,389

Year Built

Built in 1945

Lot Details

4,792 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 76.65X66.14X76.57X66.15
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Multi Family

  • GrossIncome: 20700
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 5389.36
  • Tax Year: 2020
  • Tax Exemptions: None

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
Sep 13, 2021
Closed on
Jun 14, 2022
Sold by
Bought by
Seller's Agent
David Coovert
Home Zone Realty Inc
Buyer's Agent
Michelle Whitlow
Keller Williams Realty Signature
List Price
$167,900
Sold Price
$160,000
Premium/Discount to List
-$7,900
-4.71%
Current Estimated Value
$212,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,848
Avg. Annual Appreciation
7.15%
Original Mortgage
$136,000
Interest Rate
0.0575%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2021
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,400
Interest Rate
0.0633%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$160,000 Ullrich Law Llc
-- None Listed On Document
$87,500 --
$87,500 --
-- --
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 $136,000
Previous Owner $139,400
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
06/15/2022 06/15/22 Sold $160,000 -4.7% --
06/07/2022 06/07/22 For Sale $167,900 +4.9% --
06/03/2022 06/03/22 Off Market $160,000 -- --
06/03/2022 06/03/22 Pending -- -- --
04/19/2022 04/19/22 Pending -- -- --
09/13/2021 09/13/21 For Sale $172,900 -- --
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 $4,604 $69,855 $9,277 $60,578
2024 $4,671 $63,788 $8,471 $55,317
2023 $5,131 $55,618 $7,386 $48,232
2022 $5,131 $50,778 $8,429 $42,349
2021 $5,270 $47,626 $7,906 $39,720
2020 $5,389 $46,867 $7,780 $39,087
2019 $5,284 $45,025 $7,474 $37,551
2018 $5,159 $43,499 $7,221 $36,278
2017 $5,208 $41,814 $6,941 $34,873
2016 $5,151 $40,759 $6,766 $33,993
2015 -- $38,620 $6,411 $32,209
2014 -- $40,834 $9,276 $31,558
2013 -- $42,893 $9,744 $33,149
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    David Coovert

    Home Zone Realty Inc

    Section Image

  • M

    Buyer's Agent in 2022

    Michelle Whitlow

    Keller Williams Realty Signature

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11217329

Midwest Real Estate Data (MRED)

APN: 08-23-306-013

Illinois DeKalb County DeKalb 60115

505 Franklin St, DeKalb, IL

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.

Midwest Real Estate Data (MRED) 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

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