NOT LISTED FOR SALE

801 E Locust St Lanark, IL 61046

Estimated Value: $101,354 - $133,000

4 Beds
1.5 Baths
1,962 Sq Ft
$62/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $80,000 $41 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $766/month

7 Days on Market

Highlights

  • Covered Deck
  • Eastland Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of March 2024

Calling investors and handymen! Large 4 bedroom home on a corner lot in Lanark with a ton of potential. A lot of original wood work found throughout the main floor that holds the kitchen, dining room, family room, a bedroom with a bath and a bonus room for an office or additional living space. Upstairs you will find 3 nice sized bedrooms and a full bath. Plenty of yard space and a nice detached garage for storage. Remodel into your full time residence or add to an existing rental portfolio. Total square footage source from county assessors office, buyer to verify all measurements. Property to sell "AS IS."

Last Agent to Sell the Property

BRANDON BEYER

JIM SULLIVAN REALTY License #471021761 Listed on: 02/15/2024

Last Buyer's Agent

Tamara Ruter

Keller Williams Realty Signature License #475177041

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 1883

Lot Details

  • 0.27

Home Design

  • Shingle Roof

Interior Spaces

  • 1,962 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 1 Car Garage
  • Off Alley Driveway

Schools

  • Eastland Elementary And Middle School
  • Eastland High School

Utilities

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

Additional Features

  • Covered Deck
  • 0.27 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,440

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Interior Amenities: Other/None
  • Road Frontage: City/Town
  • Type: City/Town
  • Electric: Circuit Breaker
  • Class: HOUSE
  • Front: 76
  • General Features: Deck-Covered
  • Legal Description: 42 RC/LIMA 1028 W 86.5' OF S 154.5' LOT 13 BLK 1 SPROGLES ADT. 06-001-028-00
  • Lot Acreage: 0.27
  • Lvt Date: 02/15/2024
  • Number of Upper Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Rear: 76
  • Side 1: 154
  • Side 2: 154
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_61028
  • Egress: No
  • Elementary School: Eastland
  • Estimated Total Finished Sq Ft: 1962
  • Garage Type Driveway: Detached, Off Alley
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Calling investors and handymen! Large 4 bedroom home on a corner lot in Lanark with a ton of potential. A lot of original wood work found throughout the main floor that holds the kitchen, dining room, family room, a bedroom with a bath and a bonus room for an office or additional living space. Upstairs you will find 3 nice sized bedrooms and a full bath. Plenty of yard space and a nice detached garage for storage. Remodel into your full time residence or add to an existing rental portfolio. Total square footage source from county assessors office, buyer to verify all measurements. Property to sell "AS IS."
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 13'5x12'5, On Level: Upper
  • Basement: Basement Entrance
  • Bedroom 2: Dimensions: 11'x11', On Level: Upper
  • Bedroom 3: Dimensions: 13'5x11'5, On Level: Upper
  • Bedroom 4: Dimensions: 9'5x12'5, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 16'x12'
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 15'x12', On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 12'x13'5
  • Total Bathrooms: 1.5
  • Basement: Yes

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

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

Building Info

  • Year Built: 1883

Tax Info

  • Year: 2022
  • Taxes: 1440

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 7, 2024
Sold by
Zemke Wayne A
Bought by
Musser Brian
Seller's Agent
BRANDON BEYER
JIM SULLIVAN REALTY
Buyer's Agent
Tamara Ruter
Keller Williams Realty Signature
List Price
$79,000
Sold Price
$80,000
Premium/Discount to List
$1,000
1.27%
Views
15
Current Estimated Value
$121,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,089
Avg. Annual Appreciation
25.58%
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
Musser Brian $80,000 Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $80,000 +1.3% $41 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $79,000 -- $40 / 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 $1,607 $22,191 $4,398 $17,793
2023 $1,607 $19,814 $3,927 $15,887
2022 $1,441 $17,691 $3,506 $14,185
2021 $1,495 $17,691 $3,506 $14,185
2020 $1,444 $17,018 $3,506 $13,512
2019 $1,497 $17,018 $3,506 $13,512
2018 $1,500 $17,018 $3,506 $13,512
2017 $1,468 $17,018 $3,506 $13,512
2016 $1,450 $16,741 $3,506 $13,235
2015 $1,438 $16,741 $3,506 $13,235
2014 $1,372 $16,741 $3,506 $13,235
2013 $1,372 $16,741 $3,506 $13,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202400568

NorthWest Illinois Alliance of REALTORS®

APN: 06-10-04-301-004