See Home Value
Lanark 61046
321 E Locust
$130,730*
House - Off Market

321 E Locust

Lanark, IL 61046
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2436 Sqft
$90,000 - $100,000
Reference Base Price*
41.33%
Since Jun 1, 2020
National-US
Primary Model
Sold May 12, 2020
$85,000
Sold Jul 18, 2014
$81,000
$66,320 by Regions Mtg
Mortgage Due Aug 01, 2029

About This Property

This 2 story home is full of character and charm with its natural woodwork, grand open front staircase, rear closed stairs, pocket doors, pass through kitchen cupboard, & hardwood flooring. There are 5 bedrooms including one on the main level and full bathrooms on both the upper and main floors. The living room has a built-in corner book case. There is a formal dining room, kitchen with island and large laundry/mud room. Updates include circuit breakers in 2005, and furnace in 2008. In 2014 roof (complete tear off with new sheeting), water heater, mostly new plumbing, stove, refrigerator, dryer, kitchen & laundry room flooring, all but 5 windows from 2014 to 2016. The upper level carpeting was replaced in 2017.

The manager has listed the unit size as 2436 square feet.
Unit Size
2,436Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$38
Property Type
House
Property Taxes
$2,370
HOA Dues
-
Year Built
1918

Price History

Date / Event Date Event Price
May 14, 2020 No longer available -
No longer available
Mar 23, 2020 Price Decreased $92,500
↓ $7K (7.4%)
Price Decreased
Jan 30, 2020 Listed $99,900
Listed

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1927
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,170
  • Garage Type: Mixed use
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,436
  • Building Area: 2,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY LANARK
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 9 BLK 25 OT.

Ownership

  • Current Owner : LEISER REBECCA
  • Previous Owner : SUTTON BENJAMIN T
  • Previous Owner 2: SUTTON CAROLYN R
  • Owner Before Previous Owner: JOHNSON MARK S
  • Owner Before Previous Owner 2: JOHNSON ANDREA L

Neighborhood

  • School District Name: Eastland Community Unit School District 308
  • Census Tract: 960100

Geography

  • District: 06001
  • Parcel: 06-10-05-401-016
  • Block: 25
  • Lot: 9
  • Municipality: ROCK CREEK/LIMA TWP
  • Latitude: 42.1024
  • Longitude: -89.8293

    Address

  • Full Address: 321 E Locust St
  • Address - House Number: 321
  • Street Direction: E
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lanark
  • Carrier Code: C001
  • 4-Digit Zip Code: 1124
  • Zip Code: 61046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,808
  • Tax Rate Code Area: 06001

    Appraisal Valuation

  • Standard Deviation: 0.2428
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 65
  • Final Value: 117,495
  • High Value: 146,028
  • Low Value: 88,961

    Market Valuation

  • Market Total Value: $84,610
  • Market Land Value: $6,720
  • Market Improvement Value: $77,890

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,201
  • Assessed Land Value: $2,240
  • Assessed Improvements Value: $25,961

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: May 12, 2020
  • Current Sale Transaction ID: 11831902955
  • Current Sale Price: $85,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jul 18, 2014
  • Previous Sale Contract Date: Jul 11, 2014
  • Previous Sale Amount: $81,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS MTG
  • Previous Mortgage Transaction Date: Jul 18, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $66,320
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2029



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,540 ft²
$52/ft²
$79,900 May 22, 2021
-
$1,662/mo

About Lanark


Similar Homes for Sale

Unit for sale at 304 East Prairie Street, Lanark, IL 61046

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  • 1 Bath
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304 East Prairie Street, Lanark, IL 61046 Listing by AIME HELDT

Nearby Rentals



Frequently Asked Questions

When was property at 321 East Locust Street built and last sold?
The property at 321 East Locust Street was built in 1918 and last sold on May 12, 2020 for $85,000.
How much is this home worth?
The estimated value of the home located at 321 East Locust Street is $93,425.
What are some comparable homes to 321 East Locust Street?
There are currently no comparable homes to 321 East Locust Street.

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