531 Franklin Ave River Forest, IL 60305
Estimated Value: $742,000 - $912,000
4
Beds
2
Baths
2,376
Sq Ft
$356/Sq Ft
Est. Value
About This Home
This home is located at 531 Franklin Ave, River Forest, IL 60305 and is currently estimated at $845,050, approximately $355 per square foot. 531 Franklin Ave is a home located in Cook County with nearby schools including Lincoln Elementary School, Roosevelt Middle School, and Oak Park and River Forest High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 27, 1999
Sold by
Mcelyea James M
Bought by
Davis Andrew M and Nimori Susan L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$92,491
Interest Rate
7.93%
Estimated Equity
$752,559
Purchase Details
Closed on
Aug 22, 1994
Sold by
Mcelyea Carol Phillips
Bought by
Mcelyea James M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davis Andrew M | $380,000 | Prairie Title | |
| Mcelyea James M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davis Andrew M | $304,000 |
Source: Public Records
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 | $16,887 | $65,000 | $13,130 | $51,870 |
| 2023 | $16,406 | $65,000 | $13,130 | $51,870 |
| 2022 | $16,406 | $54,226 | $11,363 | $42,863 |
| 2021 | $15,828 | $54,225 | $11,362 | $42,863 |
| 2020 | $16,112 | $56,126 | $11,362 | $44,764 |
| 2019 | $16,259 | $55,805 | $10,352 | $45,453 |
| 2018 | $15,391 | $55,805 | $10,352 | $45,453 |
| 2017 | $15,353 | $55,805 | $10,352 | $45,453 |
| 2016 | $14,310 | $46,981 | $8,585 | $38,396 |
| 2015 | $14,018 | $46,981 | $8,585 | $38,396 |
| 2014 | $13,365 | $48,739 | $8,585 | $40,154 |
| 2013 | $14,639 | $54,513 | $8,585 | $45,928 |
Source: Public Records
Map
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