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3930 Franklin Avenue

3930 Franklin Avenue, Western Springs, IL 60558
House in Lyons
Sold Sep 22, 2017
$614,000
$466,000 by American Pacific Mortgage Corp
Mortgage Due Nov 01, 2045
Sold Jun 27, 2011
$540,000
$320,000 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2041
Local assessors in Western Springs, IL have categorized 3930 Franklin Avenue as a residential type of property. The home was built in 1941 and is 83 years old. The property's lot size has been calculated to be 7,860 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3930 Franklin Avenue has a total of 2,711 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3930 Franklin Avenue sold most recently in Sep 8, 2017 for a total of $614,000. If you work out the math, that's approximately a cost of $226.48 per sqft. Before that, the property was also sold for $540,000 in Jun 7, 2011. 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 $12,373 in taxes each year. 3930 Franklin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $67,386. If we break it down further, the land itself was valued at $8,646. Improvements to the property, however, were assessed at a total of $58,740. 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. 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. 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: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: 7,860
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,711
  • Gross Building Area: 2,711
  • Building Area: 2,711
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,711
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIELD PARK
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (FIELD)(PARK) SUB OF W 5/8 OF THAT PT OF WH SEC5-38-1 2 LYING N OF C.B. & Q.RR & PT OF E1638.7FT OF W1886.2FT OF SW SEC32 LYI

Ownership

  • Current Owner : SOLNOKI BRET
  • Previous Owner : ELLSWORTH WILLIAM P
  • Previous Owner 2: ELLSWORTH LAUREN E
  • Owner Before Previous Owner: LEGAN ROBERT M
  • Owner Before Previous Owner 2: LEGAN ANN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819801

Geography

  • District: 21
  • Parcel: 18-05-101-017-0000
  • Block: 5
  • Lot: 5
  • Meridian: SEC 05 TWN 38N RNG 01E
  • Municipality: LYONS
  • Latitude: 41.8179
  • Longitude: -87.8969

    Address

  • Full Address: 3930 Franklin Ave
  • Address - House Number: 3930
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Western Springs
  • Carrier Code: C001
  • 4-Digit Zip Code: 1103
  • Zip Code: 60558

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,373
  • Tax Rate Code Area: 21034

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 733,402
  • High Value: 900,049
  • Low Value: 566,755

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $466,000
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $466,000
  • First Open Lien Mortgage Term: 295
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2045

    Market Valuation

  • Market Total Value: $673,860
  • Market Land Value: $86,460
  • Market Improvement Value: $587,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,386
  • Assessed Land Value: $8,646
  • Assessed Improvements Value: $58,740

    Sales

  • Current Sale Contract Date: Sep 08, 2017
  • Current Sale Recording Date: Sep 22, 2017
  • Current Sale Transaction ID: 1736142028
  • Current Sale Price: $614,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1726501167
  • Previous Sale Recording Date: Jun 27, 2011
  • Previous Sale Contract Date: Jun 07, 2011
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: Sep 22, 2017
  • First Mortgage Loan Amount: $491,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jun 27, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2041

About Western Springs



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Frequently Asked Questions

What neighborhood is 3930 Franklin Avenue located in?
The 3930 Franklin Avenue is a house located in the neighborhood of Lyons in Western Springs, Western Springs.
What is the average sales price for listings in 3930 Franklin Avenue?
The average sales price for units in 3930 Franklin Avenue is $0 currently.

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