See Home Value
$365,772*
House - Off Market

2802 Elder Lane

Franklin Park, IL 60131
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1862 Sqft
$293,000 - $357,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Jul 24, 2020
$328,000
$322,210 by Homebridge Financial Services
Mortgage Due Apr 01, 2051
Sold Jun 01, 2012
$90,000
$72,000 by Polish & Slavic Fcu
Mortgage Due Jun 01, 2042

About This Property

SITTING IN THE ABSOLUTE PERFECT LOCATION IS A 1,862 SQ FEET HOME. THIS GEM HAS BEEN UPDATED FROM TOP TO BOTTOM IN 2012.  NEW CONSTRUCTION LIKE EXCEPT FOUNDATION & FRAME.  WALK IN & FALL IN LOVE WITH THE ENTIRE HOME THAT FEATURES: OPEN CONCEPT, LARGE LIVING ROOM WITH DECORATIVE FIREPLACE, LUXURY MASTER SUITE WITH MASTER BATH, DOUBLE VANITY SINK, JETTED TUB INCLUDES A HEATER & CUSTOM WALK-IN CLOSET.  DREAM CHEF'S KITCHEN WITH GRANITE COUNTER-TOPS, MAPLE CABINETS, BACK-SPLASH, STAINLESS STEEL APPLIANCES, LARGE ISLAND & WALK-IN PANTRY WITH CUSTOM BUILT SHELVING, EATING TABLE SPACE, FAMILY ROOM & POWDER ROOM TOO.  TAKE THE WIDE STAIRS TO 2ND FLOOR WHICH FEATURES 2 SPACIOUS BEDROOMS & A FULL LUXURY BATH.  THE UNFINISHED BASEMENT AWAITING YOUR IDEAS, CAN BE CONVERTED INTO KIDS PLAYROOM, OFFICE, MAN OR WOMAN CAVE, GAME ROOM...POSSIBILITIES ARE ENDLESS OR CAN BE USED AS STORAGE.  GLEAMING HARDWOOD FLOORS THROUGHOUT FIRST LEVEL, CAN LIGHTENING THROUGHOUT.  NEW ELECTRICAL & PLUMBING SYSTEMS, HVAC & A/C - TWO STAGE HIGH EFFICIENCY & ZONED SYSTEMS.  DOUBLE FRENCH DOORS OFF KITCHEN LEAD TO A SPACIOUS PATIO & LARGE FENCED BACK YARD FOR ALL SEASONS ENJOYMENT.  NEW SIDE DRIVEWAY FITS 6-7 ADDITIONAL VEHICLES WHICH LEADS TO NEW 2 CAR GARAGE ALLOWING FOR PLENTY OF PARKING SPACE.  2 LBS CLOSED CELL SPRAY FOAM THROUGHOUT THE ENTIRE HOME IN ADDITION TO 8" SPRAY FOAM IN THE ROOF & 3.5" FOAM IN THE WALLS FOR HEAT & A/C EFFICIENCY.  NOTHING TO DO, JUST MOVE IN & ENJOY.  CALL NOW, WILL NOT LAST!

The manager has listed the unit size as 1862 square feet.
Unit Size
1,862Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$175
Property Type
House
Property Taxes
$6,811
HOA Dues
-
Year Built
1945

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 14, 2020 In contract -
In contract
Apr 22, 2020 Price Decreased $325,000
↓ $14K (4.1%)
Price Decreased
Mar 19, 2020 Listed $339,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,901
  • Total Building Area: 1,862
  • Gross Building Area: 1,862
  • Building Area: 1,862
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,862
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTBROOK UNIT2
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WESTBROOK)(UNIT2) BEING MILLS & SONS SUB IN EH SEC 28-40-12

Ownership

  • Current Owner : LOPEZ OZZY A
  • Previous Owner : MAZANEK ERIC
  • Previous Owner 2: MAZANEK BARBARA
  • Owner Before Previous Owner: LEYDEN CREDIT UNION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Park School District 84
  • Census Tract: 811402

Geography

  • District: 20
  • Parcel: 12-28-404-028-0000
  • Block: 9
  • Lot: 18
  • Meridian: SEC 28 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9294
  • Longitude: -87.8726

    Address

  • Full Address: 2802 Elder Ln
  • Legal Unit: 2
  • Address - House Number: 2802
  • Address - Street Name: Elder
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C007
  • 4-Digit Zip Code: 2503
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,096
  • Tax Rate Code Area: 20028

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 354,064
  • High Value: 434,911
  • Low Value: 273,217

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $359,782
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $322,210
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Sep 07, 2022
  • Second Open Lien Mortgage Loan Amount: $37,572
  • Second Open Lien Mortgage Term: 342
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $44,260
  • Market Improvement Value: $245,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $4,426
  • Assessed Improvements Value: $24,574

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Transaction ID: 11775279660
  • Current Sale Price: $328,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020634254
  • Previous Sale Recording Date: Jun 01, 2012
  • Previous Sale Contract Date: May 14, 2012
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 24, 2020
  • First Mortgage Loan Amount: $322,059
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: POLISH & SLAVIC FCU
  • Previous Mortgage Transaction Date: Jun 01, 2012
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $72,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2042



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,627 ft²
$200/ft²
$324,900 Aug 24, 2023
-
$386/mo
House
3 Beds
2 Baths
1,300 ft²
$250/ft²
$324,900 Aug 30, 2023
-
$302/mo
House
3 Beds
2 Baths
1,397 ft²
$251/ft²
$350,000 Jul 28, 2023
-
$122/mo
House
4 Beds
2 Baths
1,620 ft²
$238/ft²
$385,000 Jul 7, 2023
-
$405/mo
House
2 Beds
1 Bath
1,052 ft²
$333/ft²
$349,900 Sep 8, 2023
-
$565/mo
House
2 Beds
2 Baths
-
$325,000 Aug 29, 2023
-
$418/mo

About Franklin Park


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Nearby Rentals

Unit for rent at 2435 Elder Lane, Franklin Park, IL, 60131

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
2435 Elder Lane, Franklin Park, IL, 60131 Listing by Elena Iniguez
Unit for rent at 3516 W North Avenue, Stone Park, IL, 60165

$1,595 /mo

  • 2 Beds
  • 1 Bath
3516 W North Avenue #2F, Stone Park, IL, 60165 Listing by Donald Pasek
Unit for rent at 3900 N 25th Ave 2f, Schiller park, IL, 60176

$1,400 /mo

  • 1 Bed
  • 1 Bath
3900 N 25th Ave 2f #Unit 2F, Schiller Park, IL, 60176 Listing by Manager


Frequently Asked Questions

When was property at 2802 Elder Lane built and last sold?
The property at 2802 Elder Lane was built in 1945 and last sold on Jun 12, 2020 for $328,000.
How much is this home worth?
The estimated value of the home located at 2802 Elder Lane is $332,676.
What are some comparable homes to 2802 Elder Lane?
There are currently no comparable homes to 2802 Elder Lane.

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