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2905 Lincoln Street

2905 Lincoln Street, Franklin Park, IL 60131
Sold Oct 23, 2020
$157,000
$149,150 by Blueleaf Lending Llc
Mortgage Due Oct 01, 2050
Sold Aug 10, 1999
$115,000
$109,250 by Edens Bank
Mortgage Due Aug 01, 2029
2905 Lincoln Street in Franklin Park, IL was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2905 Lincoln Street has 844 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,208 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 2905 Lincoln Street was last sold in Sep 2, 2020 for $157,000. According to our calculations, that's $186.02 per sqft. Prior to that sales transaction, the property was sold for $115,000 in Jul 30, 1999. Current property owners are expected to pay $6,684 in taxes per year. The property on 2905 Lincoln Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $21,000. To break that down further, the land itself was valued at $4,687. While improvements to the property were assessed at a total of $16,313. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Parking

Garage Parking
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: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,208
  • Total Building Area: 844
  • Gross Building Area: 844
  • Building Area: 844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 844
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TURNER PARK LAND ASSOCIATION SUB OF
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WOOLEY LILLIAN K
  • Previous Owner : HORMOZI YOUNAN
  • Owner Before Previous Owner: TASIOPOULOS JOHN S
  • Owner Before Previous Owner 2: TASIOPOULOS NANCY JOY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mannheim School District 83
  • Census Tract: 811401

Geography

  • District: 20
  • Parcel: 12-28-117-017-0000
  • Block: 11
  • Lot: 3
  • Meridian: SEC 28 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9313
  • Longitude: -87.8832

    Address

  • Full Address: 2905 Lincoln St
  • Address - House Number: 2905
  • Address - Street Name: Lincoln
  • Address - Suffix Type: St
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C019
  • 4-Digit Zip Code: 2413
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,684
  • Tax Rate Code Area: 20025

    Appraisal Valuation

  • Standard Deviation: 0.2571
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 248,896
  • High Value: 312,912
  • Low Value: 184,880

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $149,150
  • First Open Lien Mortgage Lender: BLUELEAF LENDING LLC
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $149,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $46,870
  • Market Improvement Value: $163,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $4,687
  • Assessed Improvements Value: $16,313

    Sales

  • Current Sale Contract Date: Sep 02, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Transaction ID: 11794384119
  • Current Sale Price: $157,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029739057
  • Previous Sale Recording Date: Aug 10, 1999
  • Previous Sale Contract Date: Jul 30, 1999
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLUELEAF LENDING LLC
  • First Mortgage Transaction Date: Oct 23, 2020
  • First Mortgage Loan Amount: $149,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: EDENS BANK
  • Previous Mortgage Transaction Date: Aug 10, 1999
  • Previous Mortgage Loan Amount: $109,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2029

About Franklin Park



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Frequently Asked Questions

What neighborhood is 2905 Lincoln Street located in?
The 2905 Lincoln 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 2905 Lincoln Street?
The average sales price for units in 2905 Lincoln Street is $0 currently.

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