Seller's Agent in 2016
Lauralee McElroy
Heartway Real Estate LLC
(630) 669-8806
45 Total Sales
1 E Main St Newark, IL 60541
Estimated Value: $233,000 - $268,000
8
Beds
3
Baths
--
Sq Ft
3,049
Sq Ft Lot
About This Home
As of August 2016Seller Ready To Deal !! Bring Your Offer!! Live In One Unit * Rent the Other 2 = No Mortgage For YOU!! Property Class -0060-Improved Commercial. Located in the Center of Downtown Newark! Multiple Business Possibilities! Current Use - Apartments. Approx. 3900 sq ft Building! Two Large Units w/ 3 BR each, One on the Main Level, the Other on the 2nd Floor. Loft Unit Is Located in the Back of the Building w/ Separate Exterior Access to the Main Level. Loft Unit Has Kitchen, Bath, and Living Rm on the Main Floor w/2 BR on the 2nd Floor! Large Rooms In All Units! Some Appliances Included! Tenants Pay Utilities! Laundry Hook-Ups In All Units. Basement Storage to All Units. Metal Roof. Interior Access to Units 1 & 2! Great Investment Opportunity! Make Offer! NEED 24 HR NOTICE!!
Last Agent to Sell the Property
Heartway Real Estate LLC License #471021997 Listed on: 03/01/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,272
Lot Details
- Lot Dimensions are 32x99
- Corner Lot
Home Design
- Frame Construction
- Metal Roof
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 3 Bathrooms
Parking
- 4 Parking Spaces
- Driveway
- Uncovered Parking
- Parking Included in Price
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
Overview
- 3 Units
- 3 Unit
Building Details
- Gross Income $29,700
- Net Operating Income $26,400
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2016
Closed on
Aug 24, 2016
Sold by
Bought by
Seller's Agent
Lauralee McElroy
Heartway Real Estate LLC
Buyer's Agent
Craig Caffarello
Your Place Realty Group
List Price
$199,900
Sold Price
$145,000
Premium/Discount to List
-$54,900
-27.46%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,418
Avg. Annual Appreciation
5.86%
Purchase Details
Closed on
Jun 30, 2009
Sold by
Bought by
Purchase Details
Closed on
Jun 20, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
6.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 1, 1991
Bought by
Purchase Details
Closed on
Jun 1, 1988
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $145,000 | Chicago Title Insurance Co | ||
| -- | None Available | ||
| $234,000 | First American Title Co | ||
| $74,000 | -- | ||
| $43,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $187,200 | ||
| Closed | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/24/2016 08/24/16 | Sold | $145,000 | -9.3% | -- |
| 08/10/2016 08/10/16 | Pending | -- | -- | -- |
| 05/02/2016 05/02/16 | Price Changed | $159,900 | -5.9% | -- |
| 04/16/2016 04/16/16 | Price Changed | $169,900 | -5.6% | -- |
| 04/01/2016 04/01/16 | Price Changed | $179,900 | -5.3% | -- |
| 03/24/2016 03/24/16 | Price Changed | $189,900 | -5.0% | -- |
| 03/01/2016 03/01/16 | For Sale | $199,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,093 | $71,954 | $13,083 | $58,871 |
| 2024 | $5,093 | $67,594 | $12,290 | $55,304 |
| 2023 | $4,234 | $60,698 | $11,036 | $49,662 |
| 2022 | $4,234 | $54,513 | $11,028 | $43,485 |
| 2021 | $4,132 | $51,210 | $10,360 | $40,850 |
| 2020 | $4,032 | $50,320 | $10,180 | $40,140 |
| 2019 | $4,113 | $50,320 | $10,180 | $40,140 |
| 2018 | $4,035 | $48,978 | $10,134 | $38,844 |
| 2017 | $4,028 | $48,330 | $10,000 | $38,330 |
| 2016 | $3,474 | $41,459 | $10,112 | $31,347 |
| 2015 | $3,172 | $41,000 | $10,000 | $31,000 |
| 2014 | -- | $42,842 | $11,684 | $31,158 |
| 2013 | -- | $42,842 | $11,684 | $31,158 |
Source: Public Records
Agents Affiliated with this Home
-
Lauralee McElroy
-
Craig Caffarello
Buyer's Agent in 2016
Craig Caffarello
Your Place Realty Group
(630) 898-8500
101 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09152650
APN: 07-06-282-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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