NOT LISTED FOR SALE

640 E Franklin St Lanark, IL 61046

Estimated Value: $107,000 - $134,000

3 Beds
2 Baths
1,535 Sq Ft
$77/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $74,000 $48 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $804/month

95 Days on Market

Highlights

  • Deck
  • Water Softener
  • Ceiling Fan
  • Eastland Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of July 2020

Check out this cute cape cod with 3 bedrooms and 2 baths. The main level consists of an efficient kitchen, formal dining room with patio doors to the rear deck, nice sized living room, 2 bedrooms with closets and a full remodeled bathroom. The second level is access from a closed stairway. The upper level offers a large master bedroom with private bath and a bonus room. There is a 1 stall garage. Updates include main level and basement windows 2009, dining room, living room and hall trim and wood floors 2009, main level bathroom remodel 2012, roof tear off and replacement 2014, and exterior painted 2018. The water softener is a Kinetico brand system.

Last Agent to Sell the Property

AGENT NON-MLS

NON-MLS OFFICE Listed on: 02/18/2020

Last Buyer's Agent

Amy Barnes

BARNES REALTY, INC. License #471001588

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,435

Year Built

  • Built in 1938

Lot Details

  • 6,970

Home Design

  • Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Window Treatments

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 1 Car Garage
  • Driveway

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener

Additional Features

  • Deck
  • 6,970 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,435

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Window Treatments
  • Road Frontage: City/Town, Hard Surface Road
  • Type: City/Town
  • Electric: Circuit Breaker
  • Additional Room 6: UL Bonus R
  • Appliances That Stay or Are Included: Disposal, Dryer, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 990
  • Front: 56
  • General Features: Deck, Deck-Leveled, Laundry Basement
  • Lot Acreage: 0.16
  • Rear: 56
  • Side 1: 130
  • Side 2: 130
  • Type: House
  • Agent Only_ L A1 User Code: F_323
  • Egress: No
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 1535
  • Estimated Upper Sq Ft: 545
  • Garage Type Driveway: Detached, Other
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Check out this cute cape cod with 3 bedrooms and 2 baths. The main level consists of an efficient kitchen, formal dining room with patio doors to the rear deck, nice sized living room, 2 bedrooms with closets and a full remodeled bathroom. The second level is access from a closed stairway. The upper level offers a large master bedroom with private bath and a bonus room. There is a 1 stall garage. Updates include main level and basement windows 2009, dining room, living room and hall trim and wood floors 2009, main level bathroom remodel 2012, roof tear off and replacement 2014, and exterior painted 2018. The water softener is a Kinetico brand system.
  • 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: Upper
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Dining Room: On Level: Main
  • Full Bathrooms: 2
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Aluminum
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

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

Schools

  • Elementary School #2: Eastland

Building Info

  • Year Built: 1938

Tax Info

  • Year: 2019
  • Taxes: 1435

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Medina Jessica R
Bought by
Nepean Candice S
Current Estimated Value
$118,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,450
Outstanding Balance
$79,539
Interest Rate
0.66%
Mortgage Type
Construction
Estimated Equity
$38,532

Purchase Details

Listed on
Feb 18, 2020
Closed on
Jul 31, 2020
Sold by
Kruse Joshua E
Bought by
Medina Jessica R
Seller's Agent
AGENT NON-MLS
NON-MLS OFFICE
Buyer's Agent
Amy Barnes
BARNES REALTY, INC.
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$59,200
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 15, 2007
Bought by
Kruse Joshua E
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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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
Nepean Candice S $85,000 Attorney Only
Medina Jessica R $74,000 Security First Title
Kruse Joshua E $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nepean Candice S $82,450
Previous Owner Medina Jessica R $59,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $74,000 -7.4% $48 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $79,900 -- $52 / 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 $2,235 $30,855 $2,676 $28,179
2023 $2,235 $27,549 $2,389 $25,160
2022 $2,003 $24,597 $2,133 $22,464
2021 $2,079 $24,597 $2,133 $22,464
2020 $1,385 $22,321 $2,133 $20,188
2019 $1,435 $22,321 $2,133 $20,188
2018 $1,438 $22,321 $2,133 $20,188
2017 $1,421 $22,321 $2,133 $20,188
2016 $1,417 $22,361 $2,133 $20,228
2015 $1,405 $22,361 $2,133 $20,228
2014 $1,394 $22,361 $2,133 $20,228
2013 $1,394 $22,361 $2,133 $20,228
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    AGENT NON-MLS

    NON-MLS OFFICE

  • Amy Barnes

    Buyer's Agent in 2020

    Amy Barnes

    BARNES REALTY, INC.

    (815) 238-8360

    258 Total Sales

    Amy Barnes
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 137282

NorthWest Illinois Alliance of REALTORS®

APN: 06-10-05-404-046

Illinois Carroll County Lanark 61046

640 E Franklin St, Lanark, IL

Not Listed for Sale

Detached

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