NOT LISTED FOR SALE

520 N Bruce St Lanark, IL 61046

Estimated Value: $213,000 - $298,000

3 Beds
2 Baths
2,659 Sq Ft
$96/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $145,000 $55 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,683/month

6 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • 2 Car Attached Garage
  • Eastland Elementary School Rated A-
  • Home Office
  • 3-minute walk to Lanark City Park

About This Home

As of November 2019

This lovely ranch style home has an edge of town location with a 1 acre park like setting. The main level features 3 bedrooms, an updated full bath with walk in shower & jetted tub, a family room with wood burning fireplace with a gas starter, an L-shaped living room/dining room combination, an updated kitchen with lighted display cabinets, solid surface counter tops and dining space, and a mud room with second range & cabinet & counter space suitable buffet serving. The basement is finished with a full bathroom, office area, a second family room, a bonus room, a laundry room, and a studio that walks into the greenhouse. There is a 2 stall attached garage with concrete driveway and a large rear yard with a 2 story barn and swing set. Off of the dining room is a concrete patio and gazebo. The shingled roof for the home & garage was installed in 2005 and the metal roof installed on the barn and greenhouse were installed in 2019. The home has its own lift station with a new pump in 2019.

Last Agent to Sell the Property

Amy Barnes

Barnes Realty Inc. License #471.001588 Listed on: 10/21/2019

Last Buyer's Agent

Amy Barnes

Barnes Realty Inc. License #471.001588 Listed on: 10/21/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,887

Year Built

  • Built in 1971

Lot Details

  • 1

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2,659 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Additional Features

  • Outbuilding
  • 1 Acre Lot

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,887

Year Built

Built in 1971

Lot Details

1 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: None
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: 42 RC/LIMA 65A S5 T24 R6 PT NW 1/4
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener Owned, Washer, Dryer
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter, Wood Burning
  • LivingArea: 2659
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: Other
  • OtherStructures: Outbuilding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage
  • ParkingTotal: 2

Utilities

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

Schools

  • Elementary School: Eastland
  • High School: Eastland
  • Middle/Junior School: Eastland

Lot Info

  • Lot Size Acres: 1
  • Lot Dimensions: 1 Acre
  • Zoning: Resid

Rental Info

  • Board Number: 30

Tax Info

  • Tax Annual Amount: 3887.14
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Nov 25, 2019
Sold by
Weaver Kenneth C and Weaver Diane E
Bought by
Miller Karen S
Seller's Agent
Amy Barnes
Barnes Realty Inc.
Buyer's Agent
Amy Barnes
Barnes Realty Inc.
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%
Current Estimated Value
$254,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,966
Avg. Annual Appreciation
9.40%
Original Mortgage
$140,650
Outstanding Balance
$123,759
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$131,208

Purchase Details

Closed on
Oct 15, 1996
Bought by
Weaver Kenneth and Weaver Diane
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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Purchase History

Date Buyer Sale Price Title Company
Miller Karen S $145,000 First American Mtg Solutions
Weaver Kenneth $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Karen S $140,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $145,000 -6.4% $55 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $154,900 -- $58 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,491 $61,999 $5,168 $56,831
2023 $4,491 $55,356 $4,614 $50,742
2022 $3,536 $49,425 $4,120 $45,305
2021 $3,671 $49,425 $4,120 $45,305
2020 $3,589 $48,289 $4,120 $44,169
2019 $3,879 $50,112 $4,120 $45,992
2018 $3,887 $50,112 $4,120 $45,992
2017 $3,835 $50,112 $4,120 $45,992
2016 $3,817 $50,085 $4,120 $45,965
2015 $3,787 $50,085 $4,120 $45,965
2014 $3,545 $50,085 $4,120 $45,965
2013 $3,545 $50,085 $4,120 $45,965
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4207029

Midwest Real Estate Data (MRED)

APN: 06-10-05-100-019

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