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5 Franklin Court

5 Franklin Court, Streamwood, IL 60107
Property in Hanover
Sold Apr 20, 2016
$190,000
$188,200 by First Centennial Mortgage Corp
Mortgage Due Feb 01, 2051
Sold May 23, 1997
$154,000
$146,000 by Home Family Mtg Corp
Mortgage Due Jun 01, 2027
5 Franklin Court in Streamwood, IL was first built in 1986 and is 38 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 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5 Franklin Court has 1,586 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 9,390 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 attached 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 wood. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5 Franklin Court sold most recently in Apr 4, 2016 for a total of $190,000. If you work out the math, that's approximately a cost of $119.80 per sqft. Before that, the property was also sold for $154,000 in May 5, 1997. 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 $7,673 in taxes each year. 5 Franklin Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,000. If we break it down further, the land itself was valued at $7,512. Improvements to the property, however, were assessed at a total of $21,488. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Aluminum Siding
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,390
  • Total Building Area: 1,586
  • Gross Building Area: 1,586
  • Building Area: 1,586
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,586
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STERLING ESTATES SUB UNIT1
  • Land Acres: 0.216
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (STERLING) ESTATES SUB (UNIT1) PT OF SW SEC 14-41-09

Ownership

  • Current Owner : CLARK JOSPEH
  • Current Owner 2: CLARK KIMBERLY
  • Previous Owner : PAYNE EDWARD
  • Previous Owner 2: PAYNE MARGARET
  • Owner Before Previous Owner: APERGIS MICHAEL
  • Owner Before Previous Owner 2: APERGIS MELISSA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804305

Geography

  • District: 18
  • Parcel: 06-14-303-031-0000
  • Lot: 31
  • Meridian: SEC 14 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 42.0377
  • Longitude: -88.1753

    Address

  • Full Address: 5 Franklin Ct
  • Legal Unit: 1
  • Address - House Number: 5
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Streamwood
  • Carrier Code: C048
  • 4-Digit Zip Code: 6606
  • Zip Code: 60107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,673
  • Tax Rate Code Area: 18023

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 288,742
  • High Value: 317,936
  • Low Value: 259,548

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $188,200
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $188,200
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $75,120
  • Market Improvement Value: $214,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $7,512
  • Assessed Improvements Value: $21,488

    Sales

  • Current Sale Contract Date: Apr 04, 2016
  • Current Sale Recording Date: Apr 20, 2016
  • Current Sale Transaction ID: 1513582789
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1611122060
  • Previous Sale Recording Date: May 23, 1997
  • Previous Sale Contract Date: May 05, 1997
  • Previous Sale Amount: $154,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST EQUITY MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 20, 2016
  • First Mortgage Loan Amount: $186,558
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOME FAMILY MTG CORP
  • Previous Mortgage Transaction Date: May 23, 1997
  • Previous Mortgage Loan Amount: $146,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2027

About Streamwood



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Unit for rent at 310 Huntington Drive, Streamwood, IL, 60107

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,225 ft²
310 Huntington Drive, Streamwood, IL, 60107 Listing by Valerie Rivelli

Frequently Asked Questions

What neighborhood is 5 Franklin Court located in?
The 5 Franklin Court is a located in the neighborhood of Hanover in Streamwood, Streamwood.
What is the average sales price for listings in 5 Franklin Court?
The average sales price for units in 5 Franklin Court is $0 currently.

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