NOT LISTED FOR SALE

303 E Pearl St Lanark, IL 61046

Estimated Value: $91,520 - $119,000

2 Beds
1.5 Baths
1,400 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $87,000 $62 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $686/month

6 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Water Softener
  • Eastland Elementary School Rated A-

About This Home

As of June 2024

This two-story home boasts a meticulously maintained interior and exterior offering both functionality and charm. The main level features an office with a convenient toilet closet, perfect for added privacy and convenience. The living room has a built-in shelf. Hosting guests will be a delight in the formal dining room, while the efficient kitchen includes a laundry cubby for added convenience. Ascending to the second level, you'll find the home's two bedrooms and a full bathroom, offering comfortable accommodations for residents and guests alike. Updates such as sewer line, vinyl replacement windows, laminate, and carpeted flooring ensure both durability and modern aesthetics. The rear Trex deck, installed in 2023, provides a lovely outdoor space for relaxation and entertainment. Situated on a corner lot with a one stall detached garage. Practical upgrades including the installation of a water softener, garage roof, gutters, and a new back door between 2014 and 2017 enhance the functionality and value of the property. With a first look period in place, interested buyers have the opportunity to submit offers until 5:00 pm on May 23, 2024. Seller responses will be provided no later than 5:00 pm on May 24, 2024. Don't miss out on the chance to make this beautiful home yours!

Last Agent to Sell the Property

Amy Barnes

BARNES REALTY, INC. License #471001588 Listed on: 05/18/2024

Last Buyer's Agent

Amy Barnes

BARNES REALTY, INC. License #471001588 Listed on: 05/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $643

Year Built

  • Built in 1880

Lot Details

  • 6,970

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Window Treatments

Kitchen

  • Electric Range
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gravel Driveway

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

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

Additional Features

  • Deck
  • 6,970 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$643

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Road Frontage: City/Town
  • Type: City/Town
  • Electric: Circuit Breaker
  • Additional Room 5: Office, Dimensions: 12x10.05, On Level: Main
  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 774
  • Exemptions: Owner, Senior, Senior Freeze
  • General Features: Deck, Laundry 1st Floor
  • Legal Description: LOT 6 BLK 14 CORY'S SUB-DIV OF BLK 14
  • Lot Acreage: 0.16
  • Lvt Date: 05/19/2024
  • Number of Upper Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Stove Range Fuel: Electric
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_266
  • Egress: No
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 1400
  • Estimated Upper Sq Ft: 626
  • Garage Type Driveway: Detached, Garage Remote/Opener, Gravel
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: This two-story home boasts a meticulously maintained interior and exterior offering both functionality and charm. The main level features an office with a convenient toilet closet, perfect for added privacy and convenience. The living room has a built-in shelf. Hosting guests will be a delight in the formal dining room, while the efficient kitchen includes a laundry cubby for added convenience. Ascending to the second level, you'll find the home's two bedrooms and a full bathroom, offering comfortable accommodations for residents and guests alike. Updates such as sewer line, vinyl replacement windows, laminate, and carpeted flooring ensure both durability and modern aesthetics. The rear Trex deck, installed in 2023, provides a lovely outdoor space for relaxation and entertainment. Situated on a corner lot with a one stall detached garage. Practical upgrades including the installation of a water softener, garage roof, gutters, and a new back door between 2014 and 2017 enhance the functionality and value of the property. With a first look period in place, interested buyers have the opportunity to submit offers until 5:00 pm on May 23, 2024. Seller responses will be provided no later than 5:00 pm on May 24, 2024. Don't miss out on the chance to make this beautiful home yours!
  • Rental License: No
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 1400
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 2
  • Basement Type: Partial
  • Master Bedroom: Dimensions: 15.04x10.02, On Level: Upper
  • Basement: Basement Entrance
  • Bedroom 2: Dimensions: 13.07x13.04, On Level: Upper
  • Dining Room: Yes, On Level: Main, Dimensions: 13.06x13.03
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 8.08x8.07, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 15.04x12.03
  • Total Bathrooms: 1.5
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

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

Building Info

  • Year Built: 1880

Tax Info

  • Year: 2023
  • Taxes: 643

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Jun 4, 2024
Sold by
Folk Jeremy E
Bought by
Dewall Debbie
Seller's Agent
Amy Barnes
BARNES REALTY, INC.
Buyer's Agent
Amy Barnes
BARNES REALTY, INC.
List Price
$85,900
Sold Price
$87,000
Premium/Discount to List
$1,100
1.28%
Views
26
Current Estimated Value
$101,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,880
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
May 1, 1995
Bought by
Folk Patricia S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dewall Debbie $87,000 Attorney Only
Folk Patricia S $34,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $87,000 +1.3% $62 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $85,900 -- $61 / 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 $1,820 $25,124 $2,810 $22,314
2023 $1,820 $22,432 $2,509 $19,923
2022 $666 $20,028 $2,240 $17,788
2021 $692 $20,028 $2,240 $17,788
2020 $695 $19,292 $2,240 $17,052
2019 $720 $19,292 $2,240 $17,052
2018 $721 $19,292 $2,240 $17,052
2017 $712 $19,292 $2,240 $17,052
2016 $709 $20,288 $2,240 $18,048
2015 $703 $20,288 $2,240 $18,048
2014 $644 $20,288 $2,240 $18,048
2013 $644 $20,288 $2,240 $18,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202402413

NorthWest Illinois Alliance of REALTORS®

APN: 06-10-05-402-046