NOT LISTED FOR SALE

16580 Newark Rd Newark, IL 60541

Estimated Value: $287,000 - $823,000

3 Beds
2 Baths
9,999 Sq Ft
$49/Sq Ft Est. Value

About This Home

As of December 2021

Charming Farmhouse in the country but still close to highways, shopping etc. Great Newark Schools. Three bedroom, 1.5 bath, nice kitchen and living room with beautiful hardwood floors. 2 car garage and large yard. LL will not allow pets, no smoking, credit and background check required for anyone over 18. Maximum number of people. minimum 1 year lease

Last Agent to Rent the Property

Laura Tomsa

Brummel Properties, Inc. License #471016446 Listed on: 11/17/2021

Last Renter's Agent

Nancy Gibson

Goggin Real Estate LLC License #475172732

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,500

Year Built

  • 1916

Lot Details

  • 3.96

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Listing and Financial Details

  • Security Deposit $1,700

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,500

Year Built

1916

Lot Details

0

Parking

2

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Detached
  • Rental Price: 1700
  • Security Deposit: 1700
  • Is Parking Included in Price: Yes
  • Available Date: 2021-11-17

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 2 Stories
  • Property Sub Type: Detached
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Route 71 or Route 47 to Newark Rd
  • Lot Size: 50X80
  • Special Features: None
  • Year Built (Public Record): 1916

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, Historic/Period Mlwk, Some Storm Doors
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Frame
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • HOA Rent Includes: Parking

Schools

  • High School: Newark Community High School
  • Junior High Dist: 18

Lot Info

  • Rural (Y/N): Y

Multi Family

  • Units in Building: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2021
Sold by
K & K Partners Llc
Bought by
Komes Christopher A and Kearns Michael
Current Estimated Value
$338,711

Purchase Details

Closed on
Dec 28, 2020
Sold by
K & K Partners Llc
Bought by
Resource Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2017
Sold by
Komes Christopher
Bought by
K7k Partners Llc

Purchase Details

Closed on
Mar 4, 2016
Sold by
Myre Martin H
Bought by
Komes Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Komes Christopher A -- None Listed On Document
Resource Bank Na -- None Listed On Document
K7k Partners Llc -- Attorney
Komes Christopher $150,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Komes Christopher $260,000
Previous Owner K & K Partners Llc $260,000
Previous Owner K & K Partners Llc $116,800
Previous Owner Komes Christopher $135,000
Previous Owner Myre Martin H $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Rented -- -- --
11/17/2021 11/17/21 For Rent $1,700 -- --
Source: Midwest Real Estate Data (MRED)

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 $8,500 $112,802 $27,399 $85,403
2023 $7,635 $105,526 $24,636 $80,890
2022 $7,635 $98,302 $26,267 $72,035
2021 $7,651 $94,831 $24,667 $70,164
2020 $4,568 $57,008 $28,504 $28,504
2019 $4,660 $57,008 $28,504 $28,504
2018 $4,600 $55,828 $27,668 $28,160
2017 $4,592 $55,090 $27,302 $27,788
2016 $4,616 $55,090 $27,302 $27,788
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11272487

Midwest Real Estate Data (MRED)

APN: 07-05-327-021