NOT LISTED FOR SALE

517 SW Lanark Ave Lanark, IL 61046

Estimated Value: $139,731 - $208,000

3 Beds
2 Baths
1,492 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $120,000 $80 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,099/month

15 Days on Market

Highlights

  • Spa
  • 1 Fireplace
  • Formal Dining Room
  • Eastland Elementary School Rated A-
  • Game Room
  • 2 Car Attached Garage

About This Home

As of May 2022

Come check out this ranch on the edge of town. Three good sized bedrooms, full bath on the main floor and a 3/4 bath in the basement. Huge dining room. Privacy fence, gazebo, garden shed and hot tub. Basement is nicely finished for great family/bar/game room space.

Last Agent to Sell the Property

Tracey DeCrane

RE/MAX Town Lake & Country License #475122157 Listed on: 02/19/2022

RE/MAX Town Lake & Country

Last Buyer's Agent

Tracey DeCrane

RE/MAX Town Lake & Country License #475122157 Listed on: 02/19/2022

RE/MAX Town Lake & Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1958

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 62 x 120

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,492 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Game Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Fire Pit

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,876

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 1492
  • Room Type: Game Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1492
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Hot Tub, Fire Pit
  • List Price: 125000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 308

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 62 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 1875.6
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2005
Bought by
Currens Jeffrey R
Current Estimated Value
$167,433
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
Currens Jeffrey R $63,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $120,000 -4.0% $80 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $125,000 -- $84 / 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
2024 $2,234 $36,850 $3,265 $33,585
2023 $2,234 $32,902 $2,915 $29,987
2022 $1,903 $29,377 $2,603 $26,774
2021 $1,976 $29,377 $2,603 $26,774
2020 $1,876 $28,100 $2,603 $25,497
2019 $1,943 $28,100 $2,603 $25,497
2018 $1,947 $28,100 $2,603 $25,497
2017 $1,893 $28,100 $2,603 $25,497
2016 $1,856 $26,827 $2,603 $24,224
2015 $1,841 $26,827 $2,603 $24,224
2014 $2,036 $27,430 $2,603 $24,827
2013 $2,036 $27,430 $2,603 $24,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11328615

Midwest Real Estate Data (MRED)

APN: 06-10-05-313-003