NOT LISTED FOR SALE

530 Franklin Ave River Forest, IL 60305

Estimated Value: $1,162,000 - $1,295,000

5 Beds
4 Baths
4,276 Sq Ft
$288/Sq Ft Est. Value

Last Sold May 26, 2015

Last sale price $780,000 $182 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,324/month

Highlights

  • Home Office
  • Breakfast Room
  • Hot Water Heating System
  • Lincoln Elementary School Rated A
  • Detached Garage
  • Senior Tax Exemptions

About This Home

As of May 2015

This is a large, comfortable home with 5 plus bedrooms and office on a 101 X 201 River Forest lot. Long time owner. Huge first floor has LR, DR, Kitchen, Brkfst Rm, Fam Rm, Den AND Private Office. Hardwood flrs under carpet. Stained glass windows. Wood trim throughout. Enclosed front porch. 3 car garage. Middle of town location. Walk to schools, shopping and trans. Being Sold "As Is"

Last Agent to Sell the Property

Andrew Gagliardo

Compass License #471001960 Listed on: 04/29/2015

Compass

Last Buyer's Agent

Julie Downey

Compass License #475141756

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1906

Lot Details

  • 10,019

Parking

  • Detached Garage
  • Side Driveway
  • Garage Is Owned

Home Design

  • Frame Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Breakfast Room
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • SpacePak Central Air
  • 3+ Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1906

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 3 Stories
  • Estimated Year Built: 1906
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1906

Interior Features

  • Number Of Rooms: 12
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 19X13, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 10X8, On Level: Main Level
  • Additional Rooms: 5th Bedroom, Breakfast Room, Den, Office
  • Master Bedroom: Dimensions: 22X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 16X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 2 Name: Office, Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Office, Dimensions: 16X16, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 16X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: 5th Bdrm, Dimensions: 24X16, On Level: 3rd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 9X8, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 5 Name: Breakfast Rm, Dimensions: 7X7, On Level: Main Level
  • Estimated Sq Ft: 4276
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X13, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Frame
  • Acreage: 0.2307

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Side Drive
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Space Pac, 3+ (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Schools

  • Junior High Dist: 90

Lot Info

  • Lot Dimensions: 101 X 201
  • Parcel Identification Number: 15121090380000

Tax Info

  • Taxes: 20,652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2015
Closed on
May 14, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Herrman Christopher V and Herman Deana J
Seller's Agent
Andrew Gagliardo
Compass
Buyer's Agent
Julie Downey
Compass
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Current Estimated Value
$1,229,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,352
Avg. Annual Appreciation
4.39%
Original Mortgage
$624,000
Outstanding Balance
$479,659
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$749,693
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Herrman Christopher V $780,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrman Christopher V $624,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2015 05/26/15 Sold $780,000 -2.4% $182 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $799,000 -- $187 / 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 $22,362 $85,000 $13,065 $71,935
2023 $21,060 $85,000 $13,065 $71,935
2022 $21,060 $69,328 $11,306 $58,022
2021 $20,310 $68,637 $11,306 $57,331
2020 $19,914 $68,637 $11,306 $57,331
2019 $23,107 $77,864 $10,301 $67,563
2018 $21,873 $77,864 $10,301 $67,563
2017 $21,813 $77,864 $10,301 $67,563
2016 $19,829 $64,137 $8,542 $55,595
2015 $20,269 $64,137 $8,542 $55,595
2014 $17,292 $64,137 $8,542 $55,595
2013 $18,242 $69,161 $8,542 $60,619
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08905675

Midwest Real Estate Data (MRED)

APN: 15-12-109-038-0000