NOT LISTED FOR SALE

118 W Locust St Lanark, IL 61046

Estimated Value: $77,000 - $98,861

2 Beds
1 Bath
1,668 Sq Ft
$51/Sq Ft Est. Value

Last Sold January 28, 2013

Last sale price $40,000 $24 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $586/month

58 Days on Market

Highlights

  • Ranch Style House
  • Enclosed patio or porch
  • 5-minute walk to Lanark City Park
  • Eastland Elementary School Rated A-
  • Radiant Heating System

About This Home

As of January 2013

This is a perfect retirement home. Everything on one level with attached garage. walking distance to stores and downtown. Not much lawn to maintain. Would also be a good rental. In VERY good condition. Spacious open floor plan. Has lovely maple cabinets. Abundance of storage and BIG closets. Has a main floor laundry/work room. There is a breezeway between the garage and the house. This home has been very well maintained and is in move-in condition. Has radiant electric heat but average for the past 11 months is $75.09 per month. Taxes reflect O/O, homestead and senior freeze. Available immediately. Priced way under assessed value for fast sale.

Last Agent to Sell the Property

JULIE WENZEL

RE/MAX TOWN LAKE & COUNTRY License #471009335 Listed on: 11/17/2012

RE/MAX TOWN LAKE & COUNTRY

Last Buyer's Agent

Aime Heldt

BARNES REALTY, INC. License #475140287

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $733

Year Built

  • Built in 1967

Lot Details

  • 6,534

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,668 Sq Ft Home
  • Partial Basement

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Electric Water Heater

Additional Features

  • Enclosed patio or porch
  • 6,534 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$733

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Road Frontage: City/Town
  • Electric: Circuit Breaker
  • Additional Room 6: Main, On Level: Main
  • Additional Room 7: Main, On Level: Main
  • Appliances That Stay or Are Included: Disposal, Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1668
  • Estate: Yes
  • Front: 55
  • General Features: Laundry 1st Floor, Porch Enclosed
  • Grid: Carroll County
  • Lot Acreage: 0.15
  • Rear: 55
  • Side 1: 120
  • Side 2: 120
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: F_4320
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 1668
  • Garage Type Driveway: Attached, Garage Remote/Opener, Other
  • Pertinent Facts: This is a perfect retirement home. Everything on one level with attached garage. walking distance to stores and downtown. Not much lawn to maintain. Would also be a good rental. In VERY good condition. Spacious open floor plan. Has lovely maple cabinets. Abundance of storage and BIG closets. Has a main floor laundry/work room. There is a breezeway between the garage and the house. This home has been very well maintained and is in move-in condition. Has radiant electric heat but average for the past 11 months is $75.09 per month. Taxes reflect O/O, homestead and senior freeze. Available immediately. Priced way under assessed value for fast sale.
  • L O1 Brokerage Number: 481010581
  • S O1 Brokerage Number: 478025685
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Partial
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Dining Room: On Level: Main
  • Full Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Price Per Sq Ft: 23.98
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Aluminum
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

  • Cooling: Window Unit
  • Heating: Radiant, Electric
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Schools

  • School District: Eastland
  • Elementary School: Eastland
  • Middle School: Eastland
  • High School: Eastland
  • Elementary School #2: Eastland

Building Info

  • Year Built: 1967

Tax Info

  • Year: 2011
  • Taxes: 733

MLS Schools

  • HighSchool: Eastland
  • School District: Eastland
  • Middle School: Eastland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2012
Closed on
Jan 29, 2013
Sold by
Brown Robert C
Bought by
Heldt Shaun and Heldt Aime
Seller's Agent
JULIE WENZEL
RE/MAX TOWN LAKE & COUNTRY
Buyer's Agent
Aime Heldt
BARNES REALTY, INC.
List Price
$54,900
Sold Price
$40,000
Premium/Discount to List
-$14,900
-27.14%
Total Days on Market
58
Current Estimated Value
$85,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,465
Avg. Annual Appreciation
6.32%
Source: Public Records

Similar Homes in Lanark, IL

  • 321 N Argyle St, Lanark, IL 61046

    $79,900

    • 3 Beds
    • 2.5 Baths
    • 2,076 Sq Ft
    • 321 N Argyle St
    • Lanark, IL

    Spacious Two-Story Home with Updates! This 3-bedroom, 2.5-bathroom home, situated on a corner lot, is packed with potential! Featuring a one-car garage, and major updates including a new roof (2022), new windows and siding (2023), and a brand-new furnace (2024) offering peace of mind for years to come. Inside, the home provides a solid layout with plenty of space, ready for your personal touches.

    Amy Barnes BARNES REALTY, INC.

    Section Image
  • 228 W Prairie St, Lanark, IL 61046

    $95,000

    • 2 Beds
    • 2 Baths
    • 1,408 Sq Ft
    • 228 W Prairie St
    • Lanark, IL

    Affordable and well maintained 2 bed, 2 bath home with many updates on a spacious corner lot in a great location in town Lanark. A nice covered front porch area welcomes you as you approach the house and enter into the main floor which flows nicely from living room to kitchen to a dining space with an additional side door to the exterior. Also conveniently located on the main floor is a laundry

    BRANDON BEYER JIM SULLIVAN REALTY

    Section Image
  • 302 E Carroll St, Lanark, IL 61046

    $65,000

    • 2 Beds
    • 1 Bath
    • 619 Sq Ft
    • 302 E Carroll St
    • Lanark, IL

    Newly Renovated Home Ideal for Investors or First-Time Buyers. This charming home boasts a bright living room with new windows throughout the main floor. The kitchen has been modernized with updated cabinets and appliances. Conveniently situated on the main floor is a full bathroom, alongside a versatile bonus room that would be perfect as a dining area. Upstairs, you’ll discover two cozy

    Elizabeth Emma Re/Max Professional Advantage

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Heldt Shaun $40,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2013 01/28/13 Sold $40,000 -27.1% $24 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
11/17/2012 11/17/12 For Sale $54,900 -- $33 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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
2023 $1,579 $19,463 $2,299 $17,164
2022 $926 $17,378 $2,053 $15,325
2021 $1,469 $17,378 $2,053 $15,325
2020 $829 $15,762 $2,053 $13,709
2019 $858 $15,762 $2,053 $13,709
2018 $860 $15,762 $2,053 $13,709
2017 $798 $15,762 $2,053 $13,709
2016 $743 $13,385 $2,053 $11,332
2015 $1,150 $13,385 $2,053 $11,332
2014 $733 $13,385 $2,053 $11,332
2013 $733 $13,385 $2,053 $11,332
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 111745

NorthWest Illinois Alliance of REALTORS®

APN: 06-10-05-303-027