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3316 Atlantic Street

3316 Atlantic Street, Franklin Park, IL 60131
Property in Franklin Park
Sold Aug 17, 2021
$195,000
$185,250 by Cibm Bank
Mortgage Due Sep 01, 2051
3316 Atlantic Street in Franklin Park, IL was first built in 1909 and is 115 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. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3316 Atlantic Street has 1,296 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 6,200 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 masonry 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. 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, 3316 Atlantic Street sold most recently in Aug 9, 2021 for a total of $195,000. If you work out the math, that's approximately a cost of $150.46 per sqft. 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 $7,289 in taxes each year. 3316 Atlantic Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,000. 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 $17,420. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • 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: 6,200
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GAGE ADD TO FRANKLIN PARK
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRANK A (GAGE) ADD TO (FRANKLIN)(PARK) IN SW SW SEC22 & SE SE SEC21 EX RW OF WISCONSIN CENTRAL RR & RW C M & ST PRR & TWO PAR

Ownership

  • Current Owner : STUMPF SANDRA
  • Previous Owner : RIEDEL DAVID A
  • Previous Owner 2: RIEDEL MARY E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 20
  • Parcel: 12-21-413-021-0000
  • Block: 8
  • Lot: 9
  • Meridian: SEC 22 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9391
  • Longitude: -87.8695

    Address

  • Full Address: 3316 Atlantic St
  • Address - House Number: 3316
  • Address - Street Name: Atlantic
  • Address - Suffix Type: St
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C004
  • 4-Digit Zip Code: 1749
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,289
  • Tax Rate Code Area: 20026

    Appraisal Valuation

  • Standard Deviation: 0.248
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 284,090
  • High Value: 354,546
  • Low Value: 213,635

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,250
  • First Open Lien Mortgage Lender: CIBM BANK
  • First Open Lien Mortgage Recording Date: Aug 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $185,250
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $55,800
  • Market Improvement Value: $174,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $5,580
  • Assessed Improvements Value: $17,420

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 17, 2021
  • Current Sale Transaction ID: 11849518024
  • Current Sale Price: $195,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2122928739

    Last Sale Mortgage

  • First Mortgage Lender: CIBM BANK
  • First Mortgage Transaction Date: Aug 17, 2021
  • First Mortgage Loan Amount: $185,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 3316 Atlantic Street located in?
The 3316 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 3316 Atlantic Street?
The average sales price for units in 3316 Atlantic Street is $0 currently.

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