NOT LISTED FOR SALE

406 E Franklin St Lanark, IL 61046

Estimated Value: $98,000 - $132,000

3 Beds
2 Baths
2,048 Sq Ft
$56/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $33,000 $16 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $764/month

65 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Wood Burning Fireplace
  • Eastland Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of August 2013

This home is located at 406 E Franklin St, Lanark, IL 61046 since 29 April 2013 and is currently estimated at $114,617, approximately $55 per square foot. This property was built in 1871. 406 E Franklin St is a home located in Carroll County with nearby schools including Eastland Elementary School and Eastland Junior-Senior High School.

Last Agent to Sell the Property

Aime Heldt

BARNES REALTY, INC. License #475140287 Listed on: 04/29/2013

Last Buyer's Agent

PENNY FINK

BARNES REALTY, INC. License #475127416

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 1871

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Shingle Roof
  • Slate

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Finished Basement
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,227

Year Built

Built in 1871

Lot Details

0

Listing Details

  • Road Frontage: City/Town, Hard Surface Road
  • Electric: Fuses
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1376
  • Front: 68
  • General Features: Deck, Laundry 1st Floor, Porch Covered
  • Grid: Carroll County
  • Lot Acreage: 0.18
  • Rear: 68
  • Side 1: 120
  • Side 2: 120
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_476
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 2048
  • Estimated Upper Sq Ft: 672
  • Garage Type Driveway: Detached, Other
  • Rental License: No
  • Designated Managing Broker Y N: No
  • 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: Partial
  • Master Bedroom: On Level: Upper
  • Fireplace Type: Wood
  • Basement: Finished
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 16.11
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Slate
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

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

Schools

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

Building Info

  • Year Built: 1871

Tax Info

  • Year: 2012
  • Taxes: 1227

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2019
Sold by
Kennedy Patrick H and Kennedy Linda K
Bought by
Bashaw Daniel R and Bashaw Cara L
Total Days on Market
65
Current Estimated Value
$114,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Outstanding Balance
$65,643
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$48,974

Purchase Details

Closed on
Aug 1, 2014
Sold by
Eisenbise Richard J and Eisenbise Connie L
Bought by
Kennedy Patrick H and Manning Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Bashaw Daniel R $76,000 Attorney Only
Kennedy Patrick H $62,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bashaw Daniel R $73,500
Previous Owner Kennedy Patrick H $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2013 08/23/13 Sold $33,000 -29.8% $16 / Sq Ft
07/03/2013 07/03/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $47,000 -- $23 / 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
2023 $1,866 $28,363 $2,845 $25,518
2022 $1,573 $25,324 $2,540 $22,784
2021 $1,633 $25,324 $2,540 $22,784
2020 $1,234 $20,545 $2,540 $18,005
2019 $1,279 $20,545 $2,540 $18,005
2018 $1,282 $20,545 $2,540 $18,005
2017 $1,256 $20,545 $2,540 $18,005
2016 $1,242 $20,348 $2,540 $17,808
2015 $1,232 $20,348 $2,540 $17,808
2014 $1,708 $12,922 $2,540 $10,382
2013 $1,708 $12,922 $2,540 $10,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 112475

NorthWest Illinois Alliance of REALTORS®

APN: 06-10-05-402-008