$502,000
SOLD MAR 29, 2024

1508 Lanark St Unit 2 Flossmoor, IL 60422

4 Beds
4 Baths
2,483 Sq Ft
0.35 Acres

Recently Sold

$202 Per Sq Ft

4% Below List Price

7 Days on Market

Highlights

  • Community Lake
  • Deck
  • Property is near a park
  • Homewood-Flossmoor High School Rated A-
  • Contemporary Architecture
  • Recreation Room

About This Home

As of March 2024

4 BEDROOM 4 FULL BATH BRICK 2 STORY HOME THAT HAS BEEN BEAUTIFULLY UPDATED IN BALLANTRAE SUBDIVISION. THE HOME IS IN MOVE-IN CONDITION. THIS HOME HAS A HUGE MASTER BEDOOM SUITE WITH JACUZZI TUB AND STAND ALONE SHOWER, OPEN EAT-IN KITCHEN WITH STAINLESS STEEL APPLIANCES. QUARTZ COUNTER TOPS AND BACK SPLASH. FINISHED LOWER LEVEL WITH FULL BATH, DRY BAR, EXERCISE AREA, SPACIOUS LAUNDRY ROOM AND STORAGE ROOM. CAN LIGHTS THROUGHOUT. NEWER ROOF/GUTTERS WITH A 30 YEAR WARRANTY, IN ADDITION NEW WINDOWS THROUGHOUT. SCREENED IN PORCH ALONG SIDE OF LARGE PATIO. THIS WILL NOT LAST, MAKE THIS YOUR HOME.

Last Agent to Sell the Property

James Stewart

Coldwell Banker Realty License #475106121 Listed on: 02/09/2024

Coldwell Banker Realty

Last Buyer's Agent

Sharon Williams

Luxe Living Realty, Inc License #475186871

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,180

Year Built

  • Built in 1999

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 95x163x96x159
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 8 Open Parking Spaces
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,483 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Heatilator
  • Gas Log Fireplace
  • Replacement Windows
  • Blinds
  • Family Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Screened Porch
  • Lower Floor Utility Room
  • Home Gym
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Intercom
  • Storm Screens
  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Screened Patio

Location

  • Property is near a park

Schools

  • Homewood-Flossmoor High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Multiple Water Heaters
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Ballantrae Subdivision, Ogden Floorplan
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,180

Year Built

Built in 1999

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Ballantrae
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Water Softener Owned, Gas Cooktop, Intercom, Gas Oven, Wall Oven
  • Basement: Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter, Heatilator
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s), Drapes/Blinds, Granite Counters, Separate Dining Room, Some Storm Doors, Replacement Windows
  • LivingArea: 2483
  • Other Equipment: Humidifier, Water-Softener Owned, TV-Cable, Intercom, CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Multiple Water Heaters, Water Heater-Gas
  • Room Type: Screened Porch, Recreation Room, Exercise Room, Utility Room-Lower Level, Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair
  • Door Features: Storm Door(s)
  • Window Features: All
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Screened Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 499900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • OpenParkingSpaces: 8
  • Parking Features: Off Street, Side Apron, Driveway
  • ParkingTotal: 11
  • Driveway: Concrete,Side Drive
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • High School: Homewood-Flossmoor High School
  • Middle/Junior School District: 161

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.349
  • Lot Dimensions: 95X163X96X159
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 12180.47
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 26, 2024
Sold by
Jones Rahson and Rushing Kimberly
Bought by
Williams Sharon
Seller's Agent
James Stewart
Coldwell Banker Realty
Buyer's Agent
Sharon Williams
Luxe Living Realty, Inc
List Price
$525,000
Sold Price
$502,000
Premium/Discount to List
-$23,000
-4.38%
Views
64
Current Estimated Value
$548,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,249
Avg. Annual Appreciation
6.01%
Original Mortgage
$492,907
Outstanding Balance
$484,616
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$63,633

Purchase Details

Listed on
Feb 18, 2013
Closed on
Apr 11, 2013
Sold by
The Robert L Schaffer Trust
Bought by
Jones Rahson and Rushing Kimberly
Seller's Agent
Milton Payton
RE/MAX 10
Buyer's Agent
James Stewart
Coldwell Banker Realty
List Price
$285,000
Sold Price
$240,000
Premium/Discount to List
-$45,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$235,653
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2006
Sold by
Schaeffer Robert L
Bought by
The Robert L Schaeffer Trust

Purchase Details

Closed on
Dec 27, 2004
Sold by
Jones Terrence and Jones Angela M
Bought by
Schaeffer Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2002
Sold by
Thomas Angela and Jones Angela M
Bought by
Jones Terence and Jones Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.39%

Purchase Details

Closed on
Jan 28, 1999
Sold by
Greatbanc Trust Company
Bought by
Thomas Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.81%
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $502,000 Burnet Title
Warranty Deed $240,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $417,500 Git
Interfamily Deed Transfer -- Chicago Title Insurance Co
Trustee Deed $310,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $492,907 FHA
Previous Owner $235,653 FHA
Previous Owner $334,000 Unknown
Previous Owner $300,700 No Value Available
Previous Owner $232,500 No Value Available
Closed $46,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $502,000 +0.4% $202 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $499,900 -4.8% $201 / Sq Ft
02/09/2024 02/09/24 For Sale $525,000 +118.8% $211 / Sq Ft
04/12/2013 04/12/13 Sold $240,000 -15.8% $97 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $285,000 -- $115 / 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 $15,189 $39,000 $8,361 $30,639
2023 $12,180 $39,000 $8,361 $30,639
2022 $12,180 $26,067 $7,221 $18,846
2021 $12,251 $26,066 $7,220 $18,846
2020 $12,710 $27,724 $7,220 $20,504
2019 $9,715 $21,457 $6,460 $14,997
2018 $10,006 $22,728 $6,460 $16,268
2017 $9,854 $22,728 $6,460 $16,268
2016 $10,107 $21,581 $5,700 $15,881
2015 $10,088 $21,581 $5,700 $15,881
2014 $11,268 $21,581 $5,700 $15,881
2013 $10,637 $24,892 $5,700 $19,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11977144

Midwest Real Estate Data (MRED)

APN: 31-11-305-010-0000