NOT LISTED FOR SALE

227 E Locust St Lanark, IL 61046

Estimated Value: $89,000 - $162,000

4 Beds
2 Baths
2,187 Sq Ft
$52/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $81,500 $37 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $823/month

564 Days on Market

Highlights

  • Forced Air Heating System
  • Eastland Elementary School Rated A-
  • Baseboard Heating

About This Home

As of July 2021

2 Separate Living Spaces, 1 Parcel on a Corner Lot adjoining Right in Lanark. The 2 Story Home features 4 Bedrooms, 2 Full Bathrooms, Formal Dining Room, Large Living Room, Main Floor Laundry. 2nd Home (no interior pics) is a Ranch Style converted from a Garage with 2 Bedrooms, No Basement and rents for $425/month. NO Garages.

Last Agent to Sell the Property

Kimberly Taylor

NextHome First Class License #471013351 Listed on: 10/09/2019

NextHome First Class

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1895

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70x120

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,187 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,253

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1895
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 2187
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2187
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2187
  • Total Sq Ft: 2187
  • Upper Level Sq Ft: 832
  • Main Level Sq Ft: 1355

Exterior Features

  • List Price: 83000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Electric, Forced Air, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 308

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 70X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 1253.02
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Jul 13, 2021
Sold by
Norman Knoll
Bought by
Smith Micah J
Seller's Agent
Kimberly Taylor
NextHome First Class
Buyer's Agent
Non Member
NON MEMBER
List Price
$89,900
Sold Price
$81,500
Premium/Discount to List
-$8,400
-9.34%
Total Days on Market
564
Current Estimated Value
$113,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,480
Avg. Annual Appreciation
8.82%
Original Mortgage
$77,425
Outstanding Balance
$71,684
Interest Rate
3.62%
Mortgage Type
Construction
Estimated Equity
$41,728

Purchase Details

Closed on
Feb 2, 2007
Bought by
Knoll Norman
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Micah J $77,500 Security First Title
Knoll Norman $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Micah J $77,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $81,500 -1.8% $37 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $83,000 -7.7% $38 / Sq Ft
11/17/2020 11/17/20 For Sale $89,900 +10.3% $41 / Sq Ft
11/01/2020 11/01/20 Off Market $81,500 -- --
09/28/2020 09/28/20 For Sale $89,900 +10.3% $41 / Sq Ft
09/15/2020 09/15/20 Off Market $81,500 -- --
08/10/2020 08/10/20 Price Changed $89,900 -5.4% $41 / Sq Ft
07/09/2020 07/09/20 Price Changed $95,000 -4.9% $43 / Sq Ft
04/16/2020 04/16/20 For Sale $99,900 +22.6% $46 / Sq Ft
04/10/2020 04/10/20 Off Market $81,500 -- --
10/07/2019 10/07/19 For Sale $99,900 -- $46 / 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
2023 $2,230 $28,389 $2,927 $25,462
2022 $2,064 $25,347 $2,613 $22,734
2021 $2,143 $25,347 $2,613 $22,734
2020 $1,209 $14,249 $2,613 $11,636
2019 $1,253 $14,249 $2,613 $11,636
2018 $1,256 $14,249 $2,613 $11,636
2017 $1,191 $14,249 $2,613 $11,636
2016 $1,137 $13,132 $2,613 $10,519
2015 $1,128 $13,132 $2,613 $10,519
2014 $1,136 $13,132 $2,613 $10,519
2013 $1,136 $13,132 $2,613 $10,519
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Taylor

    Seller's Agent in 2021

    Kimberly Taylor

    NextHome First Class

    (815) 541-5557

    818 Total Sales

    Kimberly Taylor
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10542884

Midwest Real Estate Data (MRED)

APN: 06-10-05-401-020

Illinois Carroll County Lanark 61046

227 E Locust St, Lanark, IL

This home is located at 227 E Locust St, Lanark, IL 61046 since 09 October 2019 and is currently estimated at $113,980, approximately $52 per square foot. This property was built in 1895. 227 E Locust St is a home located in Carroll County with nearby schools including Eastland Elementary School and Eastland Junior-Senior High School.

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