Check Availability

3305 Atlantic Street

3305 Atlantic Street, Franklin Park, IL 60131
Property in Franklin Park
Sold Nov 09, 2017
$215,000
$203,500 by American Neighborhood Mortgage
Mortgage Due Jan 01, 2052
Sold Oct 10, 2013
$90,500
$88,369 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2043
3305 Atlantic 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 1924 and is 100 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3305 Atlantic Street has 1,090 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 6,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 are a total of 2 available parking spaces. 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 wood. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3305 Atlantic Street sold most recently in Nov 2, 2017 for a total of $215,000. If you work out the math, that's approximately a cost of $197.25 per sqft. Before that, the property was also sold for $90,500 in Sep 30, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,522 in taxes each year. 3305 Atlantic Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,000. If we break it down further, the land itself was valued at $5,580. Improvements to the property, however, were assessed at a total of $18,420. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • 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: 6,200
  • Total Building Area: 1,090
  • Gross Building Area: 1,090
  • Building Area: 1,090
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,090
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRANK N GAGES ADD/FRANKLIN PARK
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOPEZ GUADALUPE
  • Current Owner 2: LOPEZ GUADALUPE E
  • Previous Owner : LEON ADRIANA
  • Previous Owner 2: MORENO GUSTAVO
  • Owner Before Previous Owner: ALMODOVAR ANGEL LUIS
  • Owner Before Previous Owner 2: ALMODOVAR AMANDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Park School District 84
  • Census Tract: 811500

Geography

  • District: 20
  • Parcel: 12-21-414-011-0000
  • Block: 7
  • Lot: 14
  • Meridian: SEC 21 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9388
  • Longitude: -87.869

    Address

  • Full Address: 3305 Atlantic St
  • Address - House Number: 3305
  • Address - Street Name: Atlantic
  • Address - Suffix Type: St
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C004
  • 4-Digit Zip Code: 1748
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,522
  • Tax Rate Code Area: 20026

    Appraisal Valuation

  • Standard Deviation: 0.2718
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 312,252
  • High Value: 397,145
  • Low Value: 227,360

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $203,500
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 14, 2022
  • First Open Lien Mortgage Loan Amount: $203,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $55,800
  • Market Improvement Value: $184,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $5,580
  • Assessed Improvements Value: $18,420

    Sales

  • Current Sale Contract Date: Nov 02, 2017
  • Current Sale Recording Date: Nov 09, 2017
  • Current Sale Transaction ID: 11293967218
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1731346341
  • Previous Sale Recording Date: Oct 10, 2013
  • Previous Sale Contract Date: Sep 30, 2013
  • Previous Sale Amount: $90,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS MORTGAGE INC
  • First Mortgage Transaction Date: Nov 09, 2017
  • First Mortgage Loan Amount: $137,362
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 10, 2013
  • Previous Mortgage Loan Amount: $88,369
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2043

About Franklin Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3305 Atlantic Street located in?
The 3305 Atlantic Street is a located in the neighborhood of Franklin Park in Franklin Park, Franklin Park.
What is the average sales price for listings in 3305 Atlantic Street?
The average sales price for units in 3305 Atlantic Street is $0 currently.

Quantcast