121 E Franklin St Lanark, IL 61046
Estimated Value: $131,000 - $191,000
4
Beds
2
Baths
2,920
Sq Ft
$56/Sq Ft
Est. Value
Highlights
- Deck
- Forced Air Heating System
- Electric Fireplace
- Eastland Elementary School Rated A-
About This Home
As of March 2014NEW REQUIREMENTS: Days in MLS – 1 through 20 – open to owner occupancy buyers used as their primary residences, or owner occupancy buyers used for 2nd home ONLY – 21 days and after open to all buyers. FMFL This property is eligible under the Freddie Mac First Look Initiative through January 6, 2014. Investor offers would be eligible for review and acceptance on January 7, 2014. Property sold "As Is" – NO WARRANTIES. All offers presented to listing agent must have the buyers sign the Freddie Mac Addendum to Contract - copies of all forms in Associated Documents in MLS, 16 pages. Also, all offers must have a letter of pre-qualification from a bank. Cash offers need letter from bank with proof of funds to close. Property must be in the MLS for 48 hours before any offers will be considered by Seller. If multiple offers come in, buyer will have to sign form giving highest and best offer. Large home located near downtown area. Some updating and work has been started. Some complete and some incomplete. Some newer flooring, 2 sets of pocket doors. Exterior work needed. Waiting for a buyer to finish and it would make a beautiful spacious home. Be sure to see the walk-up attic. Fireplace in den is not functional - not vented outside. Please see Private Remarks for current promotions and closing date requirements, etc.
BESS REALTY, INC. License #471008906 Listed on: 12/18/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $958
Year Built
- Built in 1881
Lot Details
- 0.3
Home Design
- Shingle Roof
Interior Spaces
- 2-Story Property
- Electric Fireplace
- Basement Fills Entire Space Under The House
- Laundry on main level
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
- 2 Full Bathrooms
Parking
- 1 Car Garage
- Driveway
Outdoor Features
- Deck
Schools
- Eastland Elementary And Middle School
- Eastland High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 26, 2015
Sold by
Bess Ryan J
Bought by
Bast Ryan M and Bast Sami J
Total Days on Market
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$86,011
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$77,249
Similar Homes in Lanark, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bast Ryan M | $120,000 | Attorney Only |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bast Ryan M | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2014 03/21/14 | Sold | $19,900 | -35.6% | $7 / Sq Ft |
| 03/02/2014 03/02/14 | Pending | -- | -- | -- |
| 12/18/2013 12/18/13 | For Sale | $30,900 | -- | $11 / Sq Ft |
Source: NorthWest Illinois Alliance of REALTORS®
Tax History Compared to Growth
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 | $3,068 | $43,172 | $4,599 | $38,573 |
| 2022 | $2,650 | $38,546 | $4,106 | $34,440 |
| 2021 | $2,751 | $38,546 | $4,106 | $34,440 |
| 2020 | $2,571 | $36,289 | $4,106 | $32,183 |
| 2019 | $2,664 | $36,289 | $4,106 | $32,183 |
| 2018 | $2,669 | $36,289 | $4,106 | $32,183 |
| 2017 | $2,634 | $36,289 | $4,106 | $32,183 |
| 2016 | $2,623 | $36,289 | $4,106 | $32,183 |
| 2015 | $3,117 | $36,289 | $4,106 | $32,183 |
| 2014 | $887 | $15,685 | $4,106 | $11,579 |
| 2013 | $887 | $15,685 | $4,106 | $11,579 |
Source: Public Records
Agents Affiliated with this Home
-
Jill Bess
Buyer's Agent in 2014
Jill Bess
BESS REALTY, INC.
(815) 238-3116
13 Total Sales
Map
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 113568
APN: 06-10-05-401-054
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