NOT LISTED FOR SALE

248 Norfolk Way Essex, IL 60935

Estimated Value: $50,000 - $456,000

1.88 Acres
$181,623 Price per Acre
81,893 Sq Ft Lot

Last Sold March 31, 2020

Last sale price $34,000

Est. 904% increase in value since last sale

Current estimated payment $2,689/month

7 Days on Market

About This Lot

As of March 2020

1.88 semi-wooded acres in beautiful Essex Landing subdivision. Electric, gas, telephone and sewer to site. Highly rated Reed-Custer schools. Country living at its best, yet only minutes from I-55. Cul-de-sac lot. Lot #47

Last Agent to Sell the Property

Lori Bonarek

Lori Bonarek Realty License #471022278 Listed on: 03/02/2020

Co-Listed By

Jennifer Phillips

Lori Bonarek Realty License #475164856

Last Buyer's Agent

Lori Bonarek

Lori Bonarek Realty License #471022278 Listed on: 03/02/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,934

Lot Details

  • 1.88 Acre Lot
  • Lot Dimensions are 282x71.93x199x349.59x251.6
  • Property is zoned SINGL

Schools

  • Reed-Custer Primary Elementary School
  • Reed-Custer Middle School
  • Reed-Custer High School

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Well Required

Community Details

  • Essex Landing Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$9,934

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: Essex Landing
  • General Information: School Bus Service
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: Public Road
  • List Price: 38000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Well-Required

Schools

  • Elementary School: Reed-Custer Primary School
  • High School: Reed-Custer High School
  • Middle/Junior School: Reed-Custer Middle School
  • Middle/Junior School District: 255U

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.88
  • Lot Dimensions: 282X71.93X199X349.59X251.6
  • Zoning: SINGL
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Subdivision Lot Number: 47

Rental Info

  • Board Number: 17
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 13.58
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2025
Sold by
Sayles Craig and Sayles Terri
Bought by
Municipal Trust
Current Estimated Value
$341,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$739,708
Outstanding Balance
$635,821
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
-$294,369

Purchase Details

Listed on
Mar 2, 2020
Closed on
Mar 27, 2020
Sold by
Essex Land Group Inc
Bought by
Sayles Craig and Sayles Terri
Seller's Agent
Lori Bonarek
Lori Bonarek Realty
Buyer's Agent
Lori Bonarek
Lori Bonarek Realty
List Price
$38,000
Sold Price
$34,000
Premium/Discount to List
-$4,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.17%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Municipal Trust $750,000 Fidelity National Title
Sayles Craig -- Homestar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Municipal Trust And Savings Ba $739,708
Closed Municipal Trust $739,708
Previous Owner Sayles Craig $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $34,000 -10.5% --
03/09/2020 03/09/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $38,000 -- --
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 $9,934 $160,560 $32,335 $128,225
2023 $948 $14,799 $14,799 $0
2022 $884 $13,423 $13,423 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10653555

Midwest Real Estate Data (MRED)

APN: 09-06-10-201-015