NOT LISTED FOR SALE

1138 Franklin Ave River Forest, IL 60305

Estimated Value: $1,128,000 - $1,535,000

3 Beds
5 Baths
3,249 Sq Ft
$414/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $1,300,000 $400 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,344/month

389 Days on Market

Highlights

  • Wooded Lot
  • Formal Dining Room
  • Heated Garage
  • Willard Elementary School Rated A
  • Zoned Heating and Cooling

About This Home

As of October 2014

This estate home is featured in the RF Arch Guide. The elegant curb appeal is as enticing as the grand interior. Hardwoods, marble and stone enhance the extra large rooms in this lavish home. New gourmet kitchen was designed by DeGiulio. The enormous liv rm ext into the round sunroom and step down den. The huge din rm flows thru dec wrought iron gates to the fam rm & out to the terrace & park-like lawn.

Last Listed By

Tony & Kathy Iwersen

@properties Christie's International Real Estate License #471005402 Listed on: 07/08/2013

@properties Christie's International Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $22,129

Year Built

  • 1928

Lot Details

  • 0.44

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Willard Elementary School
  • Oak Park & River Forest High Sch

Utilities

  • Zoned Heating and Cooling
  • Lake Michigan Water

Additional Features

  • Formal Dining Room
  • Wooded Lot

Property Details

Home Type

Other

Est. Annual Taxes

$22,129

Year Built

1928

Lot Details

0

Parking

3

Interior Features

  • Total # Of Rooms: 11
  • Equipment: Security System, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Type/Details: Wood Burning, Gas Logs
  • Fireplaces: 3
  • Attic: Full, Interior Stair, Unfinished
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 24X17
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 17X14
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 19X15
  • Third Bedroom Flooring: Hardwood
  • Bathroom Amenities: Separate Shower
  • Living Room Level: Main Level
  • Living Room Size: 30X17
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 20X16
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 16X11
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Butler, Island, Pantry-Walk-in
  • Kitchen Level: Main Level
  • Kitchen Size: 15X12
  • Kitchen Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Tile

Garage/Parking

  • Number of Cars: 3
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Heated
  • Driveway: Concrete

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Elementary School: Willard Elementary School
  • High School: Oak Park & River Forest High Sch
  • Junior High Dist: 90
  • Junior High: Roosevelt School

Lot Info

  • Lot Dimensions: 100 X 185
  • Lot Description: Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2013
Closed on
Sep 3, 2014
Sold by
Phillips Md Alexander K
Bought by
Wolkstein Andrew H Wellek and Wolkstein Deborah L Wellek
Seller's Agent
Tony & Kathy Iwersen
@properties Christie's International Real Estate
Buyer's Agent
Steve Scheuring
Baird & Warner
List Price
$1,553,000
Sold Price
$1,300,000
Premium/Discount to List
-$253,000
-16.29%
Total Days on Market
389
Current Estimated Value
$1,343,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,827
Avg. Annual Appreciation
0.23%
Original Mortgage
$600,000
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 5, 2001
Sold by
Phillips Md Alexander K
Bought by
Phillips Md Alexander K and Alexander K Phillips Md Trust

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wolkstein Andrew H Wellek $1,300,000 Prairie Title
Phillips Md Alexander K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolkstein Andrew $600,000
Closed Wolkstein Andrew H Wellek $600,000
Previous Owner Phillips Alexander K $500,000
Previous Owner Phillips Md Alexander K $503,600
Previous Owner Phillips Alexander K $500,000
Previous Owner Phillips Alexander K $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $1,300,000 -7.1% $400 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
05/13/2014 05/13/14 Price Changed $1,399,000 -3.5% $431 / Sq Ft
04/23/2014 04/23/14 Price Changed $1,450,000 -3.0% $446 / Sq Ft
10/15/2013 10/15/13 Price Changed $1,495,000 -3.7% $460 / Sq Ft
07/08/2013 07/08/13 For Sale $1,553,000 -- $478 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $22,129 $107,736 $22,742 $84,994
2023 $22,129 $122,259 $22,742 $99,517
2022 $22,129 $71,950 $19,900 $52,050
2021 $21,339 $71,948 $19,899 $52,049
2020 $20,920 $71,948 $19,899 $52,049
2019 $25,857 $86,720 $18,004 $68,716
2018 $24,476 $86,720 $18,004 $68,716
2017 $33,840 $118,937 $18,004 $100,933
2016 $22,689 $73,026 $15,161 $57,865
2015 $24,241 $79,329 $15,161 $64,168
2014 $22,221 $79,329 $15,161 $64,168
2013 $20,871 $76,600 $15,161 $61,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08387461

Midwest Real Estate Data (MRED)

APN: 15-01-303-013-0000