NOT LISTED FOR SALE

226 W Franklin St Lanark, IL 61046

Estimated Value: $98,000 - $150,000

3 Beds
1 Bath
1,714 Sq Ft
$68/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $50,000 $29 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $709/month

Highlights

  • Forced Air Heating and Cooling System
  • Eastland Elementary School Rated A-
  • Wood Burning Fireplace

About This Home

As of January 2020

Charming 2 story home with 3 bedrooms, 1 bath on a corner lot. Features natural woodwork with crown molding in the LR/DR area, fireplace and a partial open stairway. The kitchen/DR are combined with stainless steel appliances and a pantry cabinet. The UL has the bathroom with a whirlpool tub and laundry chute, 2 bedrooms with nice double closets and another room with 2 cabinets and closet space. The LL is partially finished with a 12.10x22 FR and the laundry area has a shower and sink. The exterior is nicely landscaped with a spacious patio area. Updates include windows 2007, furnace/AC 2009 and roof 2010. Move in condition!!!

Last Agent to Sell the Property

Amy Barnes

BARNES REALTY, INC. License #471001588 Listed on: 12/03/2019

Last Buyer's Agent

Amy Barnes

BARNES REALTY, INC. License #471001588 Listed on: 12/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,828

Year Built

  • Built in 1937

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Shingle Roof
  • Cedar

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Garage
  • Carport
  • Garage Door Opener
  • Driveway

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,828

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Road Frontage: City/Town
  • Electric: Fuses
  • Additional Room 6: UL
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 772
  • Estimated Below Grade Finished Sq Ft: 266
  • Front: 60
  • General Features: Laundry Basement
  • Grid: Carroll County
  • Lot Acreage: 0.16
  • Lvt Date: 01/15/2020
  • Rear: 60
  • Side 1: 120
  • Side 2: 120
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_266
  • Egress: No
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 1714
  • Estimated Upper Sq Ft: 676
  • Garage Type Driveway: Carport, Detached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Charming 2 story home with 3 bedrooms, 1 bath on a corner lot. Features natural woodwork with crown molding in the LR/DR area, fireplace and a partial open stairway. The kitchen/DR are combined with stainless steel appliances and a pantry cabinet. The UL has the bathroom with a whirlpool tub and laundry chute, 2 bedrooms with nice double closets and another room with 2 cabinets and closet space. The LL is partially finished with a 12.10x22 FR and the laundry area has a shower and sink. The exterior is nicely landscaped with a spacious patio area. Updates include windows 2007, furnace/AC 2009 and roof 2010. Move in condition!!!
  • Rental License: No
  • Designated Managing Broker Y N: Yes
  • L O1 Brokerage Number: 478025685
  • S O1 Brokerage Number: 478025685
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: On Level: Upper
  • Fireplace Type: Wood
  • Basement: Finished
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Upper
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 29.17
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Cedar
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Natural Gas

Schools

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

Building Info

  • Year Built: 1937

Tax Info

  • Year: 2018
  • Taxes: 1828

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Jan 15, 2020
Sold by
Hatheway House Llc
Bought by
Gilman Brooke
Seller's Agent
Amy Barnes
BARNES REALTY, INC.
Buyer's Agent
Amy Barnes
BARNES REALTY, INC.
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$117,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,005
Avg. Annual Appreciation
9.51%
Original Mortgage
$48,000
Outstanding Balance
$42,681
Interest Rate
3.6%
Mortgage Type
Construction
Estimated Equity
$41,145

Purchase Details

Listed on
Aug 11, 2016
Closed on
Jan 16, 2017
Sold by
Johnson Douglas J and Johnson Linda M
Bought by
Hatheway House Llc
Seller's Agent
PENNY FINK
BARNES REALTY, INC.
Buyer's Agent
Amy Barnes
BARNES REALTY, INC.
List Price
$75,900
Sold Price
$62,000
Premium/Discount to List
-$13,900
-18.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.92%
Original Mortgage
$31,000
Interest Rate
4.13%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Gilman Brooke $50,000 Attorney Only
Hatheway House Llc $62,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilman Brooke $48,000
Previous Owner Hatheway House Llc $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $50,000 0.0% $29 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $50,000 -19.4% $29 / Sq Ft
01/16/2017 01/16/17 Sold $62,000 -18.3% $36 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $75,900 -- $44 / 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
2024 $1,091 $21,060 $2,810 $18,250
2023 $1,091 $18,804 $2,509 $16,295
2022 $879 $16,789 $2,240 $14,549
2021 $912 $16,789 $2,240 $14,549
2020 $1,429 $16,842 $2,240 $14,602
2019 $1,824 $20,745 $2,240 $18,505
2018 $1,828 $20,745 $2,240 $18,505
2017 $1,406 $20,745 $2,240 $18,505
2016 $1,524 $23,605 $2,240 $21,365
2015 $1,512 $23,605 $2,240 $21,365
2014 $1,422 $23,605 $2,240 $21,365
2013 $1,422 $23,605 $2,240 $21,365
Source: Public Records

Agents Affiliated with this Home

  • Amy Barnes

    Seller's Agent in 2020

    Amy Barnes

    BARNES REALTY, INC.

    (815) 238-8360

    266 Total Sales

    Amy Barnes
    Section Image

  • P

    Seller's Agent in 2017

    PENNY FINK

    BARNES REALTY, INC.

See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 122793

NorthWest Illinois Alliance of REALTORS®

APN: 06-10-05-303-035

Illinois Carroll County Lanark 61046

226 W Franklin St, Lanark, IL

This home is located at 226 W Franklin St, Lanark, IL 61046 since 03 December 2019 and is currently estimated at $117,005, approximately $68 per square foot. This property was built in 1937. 226 W Franklin St is a home located in Carroll County with nearby schools including Eastland Elementary School and Eastland Junior-Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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