705 Franklin Ave River Forest, IL 60305
Estimated Value: $994,000 - $1,112,000
5
Beds
5
Baths
3,125
Sq Ft
$336/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Corner Lot
- Fenced Yard
- Roosevelt Middle School Rated A
- Home Office
- Detached Garage
About This Home
As of July 2020Location, Location, Location is off the charts. Center entrance corner brick colonial with so much potential to make it your own. Sitting on a 75 X 201 corner lot, there is no need to add on or build up. Features include a large LR, separate DR and attached office, open kitchen and family room overlooking spacious fenced yard. Four bedrooms and 2 full baths on the second floor. The 3rd floor has plenty of options including two more bedrooms or a private office and a full bath. Rec room in basement. New tear-off roof and gutters 2019! New garage door. Walk to trains, schools and local shops.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,121
Year Built
- 1918
Lot Details
- Fenced Yard
- Corner Lot
Parking
- Detached Garage
- Garage Is Owned
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Wood Burning Fireplace
- Home Office
Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
- Kitchen Island
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Homeowner Tax Exemptions
- $10,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 27, 2021
Sold by
Michaud David L and Michaud Christen J
Bought by
Michaud David Lopez and David Lopez Michaud Trust
Total Days on Market
58
Current Estimated Value
Purchase Details
Listed on
Mar 13, 2020
Closed on
Jul 10, 2020
Sold by
Brennan Patrick J and Honor P Brennan Trust
Bought by
Michaud David L and Michaud Christen J
Seller's Agent
Andrew Gagliardo
Compass
List Price
$779,000
Sold Price
$735,000
Premium/Discount to List
-$44,000
-5.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$500,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 26, 2015
Sold by
Brennan Richard J and Brennan Honor
Bought by
Brennan Honor P and Honor P Brennan Trust
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michaud David Lopez | -- | Accommodation | |
| Michaud David L | $735,000 | Chicago Title | |
| Brennan Honor P | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Michaud David L | $500,000 | |
| Previous Owner | Brennan Richard J | $495,000 | |
| Previous Owner | Brennan Richard J | $255,000 | |
| Previous Owner | Brennan Richard J | $260,000 | |
| Previous Owner | Brennan Richard J | $264,000 | |
| Previous Owner | Brennan Richard J | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2020 07/23/20 | Sold | $735,000 | -5.6% | $235 / Sq Ft |
| 05/10/2020 05/10/20 | Pending | -- | -- | -- |
| 03/13/2020 03/13/20 | For Sale | $779,000 | -- | $249 / 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 | $20,121 | $73,501 | $19,598 | $53,903 |
| 2023 | $23,218 | $98,991 | $19,598 | $79,393 |
| 2022 | $23,218 | $71,899 | $16,959 | $54,940 |
| 2021 | $22,360 | $71,899 | $16,959 | $54,940 |
| 2020 | $21,848 | $71,899 | $16,959 | $54,940 |
| 2019 | $23,452 | $75,545 | $15,451 | $60,094 |
| 2018 | $20,384 | $75,545 | $15,451 | $60,094 |
| 2017 | $20,343 | $75,545 | $15,451 | $60,094 |
| 2016 | $19,051 | $63,501 | $12,813 | $50,688 |
| 2015 | $20,286 | $68,688 | $12,813 | $55,875 |
| 2014 | $18,609 | $68,688 | $12,813 | $55,875 |
| 2013 | $17,333 | $65,938 | $12,813 | $53,125 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Gagliardo
Seller's Agent in 2020
Andrew Gagliardo
Compass
(708) 456-6965
42 in this area
104 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10666174
APN: 15-12-104-013-0000
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