NOT LISTED FOR SALE

301 N Van Buren St Newark, IL 60541

Estimated Value: $556,000 - $757,000

4 Beds
4 Baths
3,700 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $500,000 $135 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,802/month

111 Days on Market

Highlights

  • Recreation Room
  • Wooded Lot
  • Whirlpool Bathtub
  • Newark Elementary School Rated 9+
  • Wood Flooring
  • Mud Room

About This Home

As of March 2021

Check out this hidden gem...located in the heart of Newark~This custom 3700 square ft all brick home is tucked back off the street and situated perfectly on 3.25 acres surrounded by mature trees and gorgeous landscaping. Enjoying the outdoors is easy, with 2 separate areas to relax by a fire or take leisurely walks throughout the woods on the paths. The patio is also a great place to host a dinner with the built in grill located just outside the kitchen. There could be an awesome basketball game going on that doesn't have to end when it gets dark just turn on the bright lights and keep playing! The younger kids can enjoy the adorable 7x10 playhouse with a loft and it is equipped with electric. Adults have their own 22x18 miniature replica of the main house that is all brick with water, electric, and pull down stairs with attic space, the overhead door on the side is the perfect size to store a seasonal car and/or to put the lawnmower and lawn equipment inside. So many great outdoor entertainment options or simply enjoy it quietly yourself. The welcoming front porch has a grand staircase leading you to the front door. Entering the gorgeous foyer gives you taste of the quality craftsmanship that you will find throughout the home including the solid oak floors and trim. The view into the family room showcases the cozy fireplace. The office, located across from the spacious dining room, hosts a large closet and fireplace. The office could also be used for a comfortable sitting room to enjoy some quiet time. Continue walking past the gorgeous staircase to step down into the family room or walk to the kitchen table space with sliding glass doors to the patio, and around to the kitchen. Just off the kitchen is a large mudroom(that can be converted back to a laundry room)hosting a large closet and leading to the heated garage. On the other side of the kitchen is a walk-in pantry and an exterior door to the side of the front porch. When you explore the 2nd story you will find 3 nice size bedrooms, a spacious master bedroom with large walk in closet and gorgeous master bath with a walk in shower and jacuzzi tub. Having the laundry room on the 2nd story is an amazing convenience. The media room located above the garage has an entrance from the garage or from the upstairs, the contents of that room are negotiable. The finished basement is an empty pallet for you to design to suit your needs~there is a large full bath and tons of storage. Seller is willing to sell most items in the home~This home is truly amazing, call to schedule a private showing so you can see all the amazing features yourself!

Last Agent to Sell the Property

Tara Kunkel

Coldwell Banker Real Estate Group License #475129596 Listed on: 10/02/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Gary Ng

Gary Ng Realty License #471005131

Home Details

Home Type

  • Single Family

Year Built

  • 1998

Lot Details

  • Irregular Lot
  • Wooded Lot
  • Backs to Trees or Woods

Parking

  • Attached Garage
  • Heated Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Mud Room
  • Entrance Foyer
  • Breakfast Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Play Room
  • Storage Room
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Outdoor Features

  • Patio
  • Fire Pit
  • Outdoor Grill
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Gas
  • Water Softener is Owned

Home Details

Home Type

Single Family

Year Built

1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 21-25 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry, Walk-In Closet(s), Some Carpeting
  • Number Of Rooms: 12
  • Living Room: Dimensions: 25X16, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Water Softener Owned
  • Equipment: Humidifier, Water-Softener Owned, Central Vacuum, Security System, CO Detectors, Ceiling Fan, Sump Pump, Sprinkler-Lawn
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: Full
  • Basement: Finished, Rec/Family Area, Storage Space
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 15X8, On Level: 2nd Level
  • Dining Room: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Walk-in, Breakfast Room
  • Additional Rooms: Breakfast Room, Office, Bonus, Recreation Room, Play Room, Foyer, Mud Room, Storage
  • Master Bedroom: Dimensions: 23X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 13X7, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 17X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Bonus, Dimensions: 28X16, On Level: 2nd Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Recreation Rm, Dimensions: 41X16, On Level: Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Playroom, Dimensions: 36X14, On Level: Basement, Flooring: Carpet
  • Additional Room 6 Name: Foyer, Dimensions: 15X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 7 Name: Mud, Dimensions: 11X4, On Level: Main Level, Flooring: Vinyl
  • Additional Room 8 Name: Storage, Dimensions: 12X8, On Level: Basement
  • Estimated Sq Ft: 3700
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: 3.0-3.99 Acres
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch, Storms/Screens, Outdoor Grill, Fire Pit
  • Acreage: 3.25

Garage/Parking

  • Number of Cars: 9
  • Parking: Garage, Space/s
  • Parking Details: Side Apron, Driveway
  • Number Parking Spaces: 6
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt, Concrete
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 66

Lot Info

  • Lot Dimensions: 343X503X210X343
  • Lot Description: Irregular, Wooded, Backs to Trees/Woods
  • Parcel Identification Number: 0706277027

Tax Info

  • Taxes: 10078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Mar 11, 2021
Sold by
Myre Matthew L and Myre Karin R
Bought by
Lee Howard J and Lee Elizabeth
Seller's Agent
Tara Kunkel
Coldwell Banker Real Estate Group
Buyer's Agent
Gary Ng
Gary Ng Realty
List Price
$539,900
Sold Price
$500,000
Premium/Discount to List
-$39,900
-7.39%
Current Estimated Value
$652,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,418
Avg. Annual Appreciation
5.80%
Original Mortgage
$402,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2011
Sold by
Grundy Bank
Bought by
Myre Matthew L and Myre Karin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,696
Interest Rate
4.22%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2010
Sold by
Tomsa K Jeffrey
Bought by
Grundy Bank and Trust #1505

Purchase Details

Closed on
Aug 25, 2004
Sold by
Tomsa Laura L
Bought by
Tomsa K Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1997
Sold by
The Norem Family Partnership Lp
Bought by
Tomsa K Jeffrey and Tomsa Laura L
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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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
Lee Howard J $500,000 Chicago Title
Myre Matthew L $395,000 Chicago Title Insurance Co
Grundy Bank $315,000 Ticor Title
Tomsa K Jeffrey -- Law Title Insurance
Tomsa K Jeffrey $60,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Howard J $402,500
Previous Owner Myre Matthew L $357,696
Previous Owner Tomsa K Jeffrey $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2021 03/18/21 Sold $500,000 -3.8% $135 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
11/15/2020 11/15/20 Price Changed $519,900 -3.7% $141 / Sq Ft
10/02/2020 10/02/20 For Sale $539,900 -- $146 / Sq Ft
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 $16,484 $218,757 $33,182 $185,575
2023 $13,778 $196,441 $29,797 $166,644
2022 $13,778 $177,410 $28,742 $148,668
2021 $10,132 $131,575 $27,973 $103,602
2020 $9,880 $129,286 $27,486 $101,800
2019 $10,078 $129,286 $27,486 $101,800
2018 $9,919 $126,422 $27,362 $99,060
2017 $9,898 $124,750 $27,000 $97,750
2016 $9,410 $118,300 $27,302 $90,998
2015 $8,587 $116,990 $27,000 $89,990
2014 -- $114,185 $29,084 $85,101
2013 -- $114,185 $29,084 $85,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10877736

Midwest Real Estate Data (MRED)

APN: 07-06-277-027