NOT LISTED FOR SALE

632 Franklin Ave River Forest, IL 60305

Estimated Value: $1,459,678 - $1,750,000

5 Beds
5 Baths
7,200 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $1,360,000 $189 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $11,301/month

32 Days on Market

Highlights

  • Recreation Room
  • Great Room
  • Formal Dining Room
  • Roosevelt Middle School Rated A
  • Home Office
  • 2 Car Detached Garage

About This Home

As of August 2022

Stunningly renovated, one of the most prominent homes in River Forest on a beautiful 100 X 201 lot with a striking wrap-around porch. Custom new kitchen leading to oversized back deck overlooking the endless yard. First-floor family room, bath, and library. Master bedroom suite with spacious changing room. Soaring ceiling height throughout, incredibly beautiful windows, fireplaces, spacious rooms, gorgeous finished basement, and new roof. Enormous finished 3rd level with an oversized bedroom and bath with fireplace and walk-in closet, office area, and living room. Positioned on the lot for maximum sunlight. Stunning original woodwork and details throughout. One of the most stunning homes you will ever see. The house can also be purchased with an additional 50 X 201 side lot/enormous extra yard listed separately for $574,900. 624 Franklin

Last Listed By

Paul Gorney

eXp Realty, LLC License #475153053 Listed on: 04/16/2022

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,114

Year Built

  • Built in 1893 | Remodeled in 2000

Lot Details

  • Lot Dimensions are 100x201

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Stone Siding

Interior Spaces

  • 7,200 Sq Ft Home
  • 3-Story Property
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Library
  • Recreation Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Primary Bathroom is a Full Bathroom

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,114

Year Built

Built in 1893 | Remodeled in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2000
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2000

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • LivingArea: 7200
  • Room Type: Bedroom 5, Recreation Room, Office, Library, Great Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Square Footage Comments: includes finished basement
  • Total Sq Ft: 0
  • Bathroom: Full
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 1424900
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 90

Lot Info

  • Lot Dimensions: 100X201
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 25113.62
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2022
Closed on
Jul 22, 2022
Sold by
Martine Derom Revocable Trust
Bought by
Vandervelde Amanda and Vandervelde Michael
Seller's Agent
Paul Gorney
eXp Realty, LLC
Buyer's Agent
Brian Behan
@properties Christie's International Real Estate
List Price
$2,000,000
Sold Price
$1,360,000
Premium/Discount to List
-$640,000
-32%
Total Days on Market
32
Current Estimated Value
$1,649,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,420
Avg. Annual Appreciation
3.89%
Original Mortgage
$1,088,000
Outstanding Balance
$1,039,394
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$468,392

Purchase Details

Closed on
Dec 22, 2016
Sold by
Derom Martine P
Bought by
Derom Martine and Martine Derom Revocable Trust

Purchase Details

Closed on
Feb 5, 2010
Sold by
Warren William H
Bought by
Warren William H and Derom Martine P

Range of Values:

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Average Value
Not Available
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
Derom Martine -- Attorney
Warren William H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Warren William H $417,000
Closed Warren William H $248,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $1,360,000 -4.6% $189 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
04/26/2022 04/26/22 Price Changed $1,424,900 -28.8% $198 / Sq Ft
04/16/2022 04/16/22 For Sale $2,000,000 -- $278 / 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 $25,350 $119,516 $26,130 $93,386
2023 $25,350 $127,000 $26,130 $100,870
2022 $25,350 $84,661 $22,613 $62,048
2021 $24,464 $84,659 $22,612 $62,047
2020 $25,114 $88,230 $22,612 $65,618
2019 $26,727 $92,268 $20,602 $71,666
2018 $25,299 $92,268 $20,602 $71,666
2017 $26,031 $92,268 $20,602 $71,666
2016 $25,985 $83,271 $17,085 $66,186
2015 $25,487 $83,271 $17,085 $66,186
2014 $24,518 $87,264 $17,085 $70,179
2013 $22,843 $83,587 $17,085 $66,502
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11375683

Midwest Real Estate Data (MRED)

APN: 15-12-109-023-0000