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359 Franklin Boulevard

359 Franklin Boulevard, Elgin, IL 60120
Property in Southeast Elgin
Sold Sep 24, 2014
$81,000
$59,000 by Kane County Teachers Credit Un
Mortgage
Sold Apr 25, 2014
$27,500
359 Franklin Boulevard in Elgin, IL was first built in 1900 and is 124 years old. This has been categorized as a residential property type. There are a total of 5 floors. 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. 359 Franklin Boulevard has 760 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. The linear feet across the front of the lot is 570 ft and the linear feet between the front and back of the lot is 660. In total, the area measurement of the land is 3,762 square feet.

Learn more about the property and building on this page. 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. 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, 359 Franklin Boulevard sold most recently in Sep 22, 2014 for a total of $81,000. If you work out the math, that's approximately a cost of $62.12 per sqft. Before that, the property was also sold for $27,500 in Dec 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 $2,636 in taxes each year. 359 Franklin Boulevard was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $36,402. If we break it down further, the land itself was valued at $6,897. Improvements to the property, however, were assessed at a total of $29,505. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Floor Count: 5
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 544
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,762
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,304
  • Gross Building Area: 1,304
  • Building Area: 760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: P J KIMBALL SRS ADDN
  • Land Acres: 0.86
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P J KIMBALL SRS ADDN NORTH 4 RODS EXCEPT WEST 75 FT OF LOT 22

Ownership

  • Current Owner : TORRES ROGER
  • Previous Owner : RBG PROPERTIES LLC
  • Owner Before Previous Owner: PHI ROLANDO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851301

Geography

  • Parcel: 06-13-131-002
  • Lot: 22
  • Municipality: ELGIN
  • Latitude: 42.0428
  • Longitude: -88.2767

    Address

  • Full Address: 359 Franklin Blvd
  • Address - House Number: 359
  • Address - Street Name: Franklin
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Elgin
  • Carrier Code: C028
  • 4-Digit Zip Code: 4255
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,636
  • Tax Rate Code Area: EL701

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 173,089
  • High Value: 202,495
  • Low Value: 143,683

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $59,000
  • First Open Lien Mortgage Lender: KANE COUNTY TEACHERS CREDIT UN
  • First Open Lien Mortgage Recording Date: Aug 09, 2022
  • First Open Lien Mortgage Loan Amount: $59,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $109,250
  • Market Land Value: $20,699
  • Market Improvement Value: $88,550

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,402
  • Assessed Land Value: $6,897
  • Assessed Improvements Value: $29,505

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 22, 2014
  • Current Sale Recording Date: Sep 24, 2014
  • Current Sale Transaction ID: 1081313557
  • Current Sale Price: $81,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2014K047556
  • Previous Sale Recording Date: Apr 25, 2014
  • Previous Sale Contract Date: Dec 30, 2013
  • Previous Sale Amount: $27,500
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Mortgage Transaction Date: Sep 24, 2014
  • First Mortgage Loan Amount: $74,175
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2044

About Southeast Elgin



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Frequently Asked Questions

What neighborhood is 359 Franklin Boulevard located in?
The 359 Franklin Boulevard is a located in the neighborhood of Southeast Elgin in Southeast Elgin, Elgin.
What is the average sales price for listings in 359 Franklin Boulevard?
The average sales price for units in 359 Franklin Boulevard is $0 currently.

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