NOT LISTED FOR SALE

401 E Liberty St Newark, IL 60541

Estimated Value: $243,744 - $272,000

3 Beds
1.5 Baths
1,600 Sq Ft
$159/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2024

Last sale price $240,000 $150 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,767 / mo

3 Days on Market

Highlights

  • Home Office
  • 2 Car Detached Garage
  • Central Air
  • Newark Elementary School Rated 9+

About This Home

As of July 2024

Charming, farmhouse style, 3 bedroom, 1 1/2 bath home on a corner lot! Convenient 1st floor master bedroom and laundry. Two additional bedrooms on the 2nd floor. Back room is currently used as a salon, but would make a great office or additional bedroom. Open concept kitchen/dinning/living room. Oversized two car garage with plenty of storage above the garage and in the backyard storage shed. Large private yard with lots of flowers and mature trees. Furnace and AC updated in 2020 and roof in 2019.

Last Agent to Sell the Property

Marcy Kinney

Coldwell Banker Real Estate Group License #475182280 Listed on: 06/25/2024

Coldwell Banker Real Estate Group

Co-Listed By

Alan Kinney

Coldwell Banker Real Estate Group License #475176221

Last Buyer's Agent

Reneelynn Dorado

On The Mark Realty, LLC License #475192909

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 1900

Lot Details

  • 14,375 Sq Ft Lot
  • Lot Dimensions are 120x120

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Gravel Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1.5-Story Property
  • Home Office

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Basement

  • Partial Basement
  • Basement Cellar

Schools

  • Newark Community High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,448

Year Built

Built in 1900

Lot Details

0.33 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1600
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 4
  • ParkingTotal: 6
  • Driveway: Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Newark Community High School

Lot Info

  • Lot Size Acres: 0.33
  • Lot Dimensions: 120X120
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 4447.74
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Jul 24, 2024
Sold by
Wilkinson Living Trust and Wilkinson Randy E
Bought by
Ammerman Michael D
Seller's Agent
Marcy Kinney
Coldwell Banker Real Estate Group
Buyer's Agent
Reneelynn Dorado
On The Mark Realty, LLC
List Price
$239,000
Sold Price
$240,000
Premium/Discount to List
$1,000
0.42%
Views
17
Current Estimated Value
$254,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,436
Avg. Annual Appreciation
3.45%
Original Mortgage
$228,000
Outstanding Balance
$224,796
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$29,641

Purchase Details

Closed on
Sep 27, 2017
Sold by
Wilkinson Randy E and Wilkinson Jodi R
Bought by
Wilkinson Randy E and Wilkinson Jodi

Purchase Details

Closed on
Jun 8, 2001
Sold by
Kelley William D and Kelley Deborah L
Bought by
Wilkinson Randy E and Wilkinson Jodi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.16%

Purchase Details

Closed on
Feb 1, 1993
Bought by
Kelley William D and Kelley Deborah L

Purchase Details

Closed on
May 1, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ammerman Michael D $240,000 Fidelity National Title
Wilkinson Randy E -- None Available
Wilkinson Randy E $120,000 Law Title Insurance Co Inc
Kelley William D $79,000 --
-- $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ammerman Michael D $228,000
Previous Owner Wilkinson Randy E $114,000
Closed Kelley William D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $240,000 +0.4% $150 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $239,000 -- $149 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,012 $72,510 $19,664 $52,846
2023 $4,073 $65,113 $17,658 $47,455
2022 $4,073 $58,450 $17,645 $40,805
2021 $3,946 $54,909 $16,576 $38,333
2020 $3,843 $53,954 $16,288 $37,666
2019 $3,920 $53,954 $16,288 $37,666
2018 $3,856 $52,846 $16,396 $36,450
2017 $3,846 $52,147 $16,179 $35,968
2016 $3,867 $52,147 $16,179 $35,968
2015 $3,526 $51,570 $16,000 $35,570
2014 -- $50,320 $18,052 $32,268
2013 -- $50,320 $18,052 $32,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12092266

Midwest Real Estate Data (MRED)

APN: 07-05-302-004

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