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2802 Elm Street

2802 Elm Street, Franklin Park, IL 60131
Sold Feb 22, 2019
$236,000
$222,600 by Bank Of America Na
Mortgage Due Apr 01, 2052
Sold May 25, 2018
$150,000
2802 Elm Street has been categorized by the local assessors in Franklin Park, IL as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 2802 Elm Street has 786 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,352 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2802 Elm Street was last sold in Feb 6, 2019 for $236,000. According to our calculations, that's $300.25 per sqft. Prior to that sales transaction, the property was sold for $150,000 in Apr 26, 2018. Current property owners are expected to pay $7,288 in taxes per year. The property on 2802 Elm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $23,000. To break that down further, the land itself was valued at $7,517. While improvements to the property were assessed at a total of $15,483. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Cedar Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,352
  • Total Building Area: 786
  • Gross Building Area: 786
  • Building Area: 786
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 786
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER PARK ADD/W G MCINTOSH & CO
  • Land Acres: 0.192
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRANDINETTI JOHN PHIL
  • Previous Owner : NORTH WEST HOUSING PARTNERSHIP
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Park School District 84
  • Census Tract: 811200

Geography

  • District: 20
  • Parcel: 12-27-223-011-0000
  • Block: 3
  • Lot: 18,19
  • Meridian: SEC 27 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9298
  • Longitude: -87.8516

    Address

  • Full Address: 2802 Elm St
  • Address - House Number: 2802
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C006
  • 4-Digit Zip Code: 3015
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,288
  • Tax Rate Code Area: 20026

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 290,408
  • High Value: 358,160
  • Low Value: 222,657

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,600
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Mar 08, 2022
  • First Open Lien Mortgage Loan Amount: $222,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $75,170
  • Market Improvement Value: $154,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $7,517
  • Assessed Improvements Value: $15,483

    Sales

  • Current Sale Contract Date: Feb 06, 2019
  • Current Sale Recording Date: Feb 22, 2019
  • Current Sale Transaction ID: 11573198270
  • Current Sale Price: $236,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1905341070
  • Previous Sale Recording Date: May 25, 2018
  • Previous Sale Contract Date: Apr 26, 2018
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Feb 22, 2019
  • First Mortgage Loan Amount: $224,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Franklin Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 660 ft²
Listing by 2811 Thatcher Avenue, River Grove IL

Frequently Asked Questions

What neighborhood is 2802 Elm Street located in?
The 2802 Elm Street is a house located in the neighborhood of Franklin Park in Franklin Park, Franklin Park.
What is the average sales price for listings in 2802 Elm Street?
The average sales price for units in 2802 Elm Street is $0 currently.

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