NOT LISTED FOR SALE

510 N Broad St Lanark, IL 61046

Estimated Value: $59,812 - $109,000

3 Beds
1 Bath
1,302 Sq Ft
$63/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $18,000 $14 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $492/month

5 Days on Market

Highlights

  • Forced Air Heating System
  • Eastland Elementary School Rated A-
  • 4-minute walk to Lanark City Park

About This Home

As of July 2022

Property being sold as is! Sellers have never occupied the property and are unaware of the exact condition. Roof on house and garage was done in 2020 New windows and garage door is there, but not installed, they will stay with the home. There is currently no kitchen in the home, it has been gutted to the studs. Water is off. Electric is on.

Last Agent to Sell the Property

Aime Heldt

BARNES REALTY, INC. License #475140287 Listed on: 06/21/2022

Last Buyer's Agent

THOMAS GRIMES

A-1 AGENCY License #475176138

A-1 AGENCY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $829

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,302 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Driveway

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$829

Lot Details

0

Listing Details

  • Interior Amenities: Smoke Detectors
  • Road Frontage: City/Town
  • Type: City/Town
  • Electric: Circuit Breaker
  • Class: HOUSE
  • Front: 70
  • General Features: County Taxes
  • Grid: Carroll County
  • Legal Description: LOT 3 S PT & ALL LOT 2 BLK 5 JOHN W CARY'S 2ND ADT.
  • Lot Acreage: 0.19
  • Lvt Date: 06/21/2022
  • Number of Upper Level Full Bathrooms: 1
  • Rear: 70
  • Side 1: 120
  • Side 2: 120
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_476
  • Egress: No
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 1302
  • Garage Type Driveway: Detached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Property being sold as is! Sellers have never occupied the property and are unaware of the exact condition. Roof on house and garage was done in 2020 New windows and garage door is there, but not installed, they will stay with the home. There is currently no kitchen in the home, it has been gutted to the studs. Water is off. Electric is on.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1302
  • L O1 Brokerage Number: 477012647
  • S O1 Brokerage Number: 481010581
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 1
  • Price Per Sq Ft: 13.82
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

  • Heating: Forced Air
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Schools

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

Tax Info

  • Year: 2021
  • Taxes: 829

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Jul 11, 2022
Sold by
Kovach Jason and Kovach Jennifer
Bought by
Dunlap Myles and Miller Michael
Seller's Agent
Aime Heldt
BARNES REALTY, INC.
Buyer's Agent
THOMAS GRIMES
A-1 AGENCY
List Price
$22,500
Sold Price
$18,000
Premium/Discount to List
-$4,500
-20%
Current Estimated Value
$81,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,953
Avg. Annual Appreciation
51.80%

Purchase Details

Closed on
Jun 28, 2002
Bought by
Hovels To Homes Inc
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
Dunlap Myles $18,000 --
Hovels To Homes Inc $58,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $18,000 -20.0% $14 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $22,500 -- $17 / 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 $545 $7,522 $3,278 $4,244
2023 $545 $6,716 $2,927 $3,789
2022 $799 $9,809 $2,613 $7,196
2021 $829 $9,809 $2,613 $7,196
2020 $1,102 $12,979 $2,613 $10,366
2019 $1,141 $12,979 $2,613 $10,366
2018 $1,144 $12,979 $2,613 $10,366
2017 $1,138 $12,979 $2,613 $10,366
2016 $1,143 $13,202 $2,613 $10,589
2015 $1,134 $13,202 $2,613 $10,589
2014 $1,037 $13,202 $2,613 $10,589
2013 $1,037 $13,202 $2,613 $10,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202203933

NorthWest Illinois Alliance of REALTORS®

APN: 06-10-05-101-034