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3506 Lombard Street

3506 Lombard Street, Franklin Park, IL 60131
Property in Franklin Park
Sold Dec 09, 2014
$174,000
$139,200 by Wintrust Mortgage
Mortgage Due Dec 01, 2044
Sold Mar 19, 2014
$66,500
Local assessors in Franklin Park, IL have categorized 3506 Lombard Street as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 5,852 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3506 Lombard Street has a total of 1,282 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. The home sources its water from a municipal system. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3506 Lombard Street was last sold in Nov 13, 2014 for $174,000. According to our calculations, that's $135.73 per sqft. Prior to that sales transaction, the property was sold for $66,500 in Feb 10, 2014. Current property owners are expected to pay $5,971 in taxes per year. The property on 3506 Lombard Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,000. To break that down further, the land itself was valued at $5,267. While improvements to the property were assessed at a total of $19,733. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,852
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,282
  • Gross Building Area: 1,282
  • Building Area: 1,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,282
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VOLK BROS RIVER DRIVE ADD
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MEDINA BERTHA
  • Current Owner 2: MEDINA ROSA
  • Previous Owner : JJKZ PROPERTIES INC
  • Owner Before Previous Owner: U S BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Franklin Park School District 84
  • Census Tract: 811500

Geography

  • District: 20
  • Parcel: 12-22-304-012-0000
  • Block: 5
  • Lot: 2
  • Meridian: SEC 22 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9426
  • Longitude: -87.86

    Address

  • Full Address: 3506 Lombard St
  • Address - House Number: 3506
  • Address - Street Name: Lombard
  • Address - Suffix Type: St
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C005
  • 4-Digit Zip Code: 2012
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,971
  • Tax Rate Code Area: 20026

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 315,380
  • High Value: 381,064
  • Low Value: 249,696

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $139,200
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 09, 2014
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $139,200
  • 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: Dec 01, 2044

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $52,670
  • Market Improvement Value: $197,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $5,267
  • Assessed Improvements Value: $19,733

    Sales

  • Current Sale Contract Date: Nov 13, 2014
  • Current Sale Recording Date: Dec 09, 2014
  • Current Sale Transaction ID: 1041513832
  • Current Sale Price: $174,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1434319149
  • Previous Sale Recording Date: Mar 19, 2014
  • Previous Sale Contract Date: Feb 10, 2014
  • Previous Sale Amount: $66,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Dec 09, 2014
  • First Mortgage Loan Amount: $139,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2044

    Financing

  • First Mortgage Financing Type: Unknown

About Franklin Park



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Frequently Asked Questions

What neighborhood is 3506 Lombard Street located in?
The 3506 Lombard Street is a located in the neighborhood of Franklin Park in Franklin Park, Franklin Park.
What is the average sales price for listings in 3506 Lombard Street?
The average sales price for units in 3506 Lombard Street is $0 currently.

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