NOT LISTED FOR SALE

5-223 Heathcliff Dr Lanark, IL 61046

Estimated Value: $457,000 - $661,000

3 Beds
2 Baths
2,016 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2017

Last sale price $280,000 $139 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,709 / mo

1516 Days on Market

Highlights

  • Waterfront
  • Deck
  • 2 Fireplaces
  • Eastland Elementary School Rated A-
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of May 2017

The time is now to realize your dream of owning a Lake front property! This ranch style home offers 3 bedrooms, 2 baths, a finished walkout lower level and a 2 stall detached garage. Sellers report that a new driveway will be installed the spring of 2017. In 2006 the exterior was updated with a new roof, siding, windows and Trex decking. The interior was completely remodeled in 2007 including drywall, flooring, plumbing, fixtures, appliances, kitchen and bathrooms. The furnace was installed in 2016 and there is a newer water heater. The main level great room offers an L-shaped kitchen with breakfast bar, dining area, and living area with wood burning fireplace and patio doors to the deck. 3 bedrooms and a full bath round out the main floor. The lower level features a large family room has a wood burning stove with patio doors that walk out to the lake side, a full bathroom and a bonus room with closets. This is a gently sloped waterfront lot with good water views and 92' of improved shoreline. There is a garden storage shed as well as storage at the waterfront. Included with this sale are a 24' pier, boat lift, and water trampoline. Furnishings are negotiable. OWNER IS LICENSED REALTOR. Seller is motivated!!!!

Last Buyer's Agent

Thomas Miller

Fawn Ridge Real Estate Co. License #475114082

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,769

Year Built

  • Built in 1975

Lot Details

  • 26,572 Sq Ft Lot
  • Waterfront
  • Property fronts a county road

HOA Fees

  • $128 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Fireplaces
  • Wood Burning Fireplace

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Fuel Tank
  • Septic System

Community Details

  • The community has rules related to covenants

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,769

Year Built

Built in 1975

Lot Details

0.61 Acres

HOA Fees

$128 per month

Listing Details

  • Road Frontage: County/City Road, Hard Surface Road
  • Type: Water Front, Covenants, Restrictions
  • Electric: Circuit Breaker
  • Additional Room 6: LL
  • Additional Room 7: LL
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer, LP Gas Tank
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1008
  • Estimated Below Grade Finished Sq Ft: 1008
  • Front: 86.23
  • General Features: Deck, Laundry Basement
  • Hoa Fee Frequency: Yearly
  • Lot Acreage: 0.61
  • Rear: 92.12
  • Side 1: 305
  • Side 2: 295
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: F_209
  • Egress: Yes
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 2016
  • Garage Type Driveway: Asphalt, Detached, Garage Remote/Opener
  • Pertinent Facts: The time is now to realize your dream of owning a Lake front property! This ranch style home offers 3 bedrooms, 2 baths, a finished walkout lower level and a 2 stall detached garage. Sellers report that a new driveway will be installed the spring of 2017. In 2006 the exterior was updated with a new roof, siding, windows and Trex decking. The interior was completely remodeled in 2007 including drywall, flooring, plumbing, fixtures, appliances, kitchen and bathrooms. The furnace was installed in 2016 and there is a newer water heater. The main level great room offers an L-shaped kitchen with breakfast bar, dining area, and living area with wood burning fireplace and patio doors to the deck. 3 bedrooms and a full bath round out the main floor. The lower level features a large family room has a wood burning stove with patio doors that walk out to the lake side, a full bathroom and a bonus room with closets. This is a gently sloped waterfront lot with good water views and 92' of improved shoreline. There is a garden storage shed as well as storage at the waterfront. Included with this sale are a 24' pier, boat lift, and water trampoline. Furnishings are negotiable. OWNER IS LICENSED REALTOR. Seller is motivated!!!!
  • Rental License: No
  • Designated Managing Broker Y N: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: On Level: Main
  • Fireplace Type: Wood
  • Basement: Finished
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • 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: 2
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Sewer: Septic
  • Water: Well
  • Water Heater: LP Gas

Condo/Co-op/Association

  • HOA Fees: 1536

Schools

  • Elementary School #2: Eastland

Building Info

  • Year Built: 1975

Tax Info

  • Year: 2015
  • Taxes: 6769

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2013
Closed on
May 26, 2017
Sold by
Taormina Michael A
Bought by
Archer Eric
Buyer's Agent
Thomas Miller
Fawn Ridge Real Estate Co.
List Price
$423,000
Sold Price
$280,000
Premium/Discount to List
-$143,000
-33.81%
Current Estimated Value
$548,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,964
Avg. Annual Appreciation
7.86%
Original Mortgage
$40,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Archer Eric $277,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Archer Eric $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $280,000 -33.8% $139 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
03/07/2013 03/07/13 For Sale $423,000 -- $210 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $8,012 $153,450 $81,247 $72,203
2023 $8,012 $113,454 $72,052 $41,402
2022 $5,822 $98,870 $62,790 $36,080
2021 $5,461 $87,495 $55,566 $31,929
2020 $5,225 $84,947 $53,948 $30,999
2019 $6,861 $108,503 $61,831 $46,672
2018 $6,342 $97,751 $55,704 $42,047
2017 $6,444 $99,095 $55,704 $43,391
2016 $6,459 $99,095 $55,704 $43,391
2015 $6,769 $104,314 $58,638 $45,676
2014 $6,530 $93,982 $52,830 $41,152
2013 $6,530 $83,913 $47,170 $36,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 112189

NorthWest Illinois Alliance of REALTORS®

APN: 04-04-14-205-223

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