NOT LISTED FOR SALE

4480 E 2979th Rd Newark, IL 60541

Estimated Value: $53,000 - $799,000

1 Acre
$466,532 Price per Acre
43,560 Sq Ft Lot

Last Sold November 12, 2021

Last sale price $39,900

Est. 1,069% increase in value since last sale

Current estimated payment $3,171/month

2,301 Days on Market

About This Lot

As of November 2021

Acre plus lot in Sandwich School District with NATURAL GAS! Covenants apply, 1700sf on ranch minimum and 2100sf on 2 story home. Outbuildings not more than 1,000 sf. Well and septic required. No associations fees or SSA's. Build your DREAM HOME using your own builder. Affordable permit fees.

Last Agent to Sell the Property

Deborah Christensen

Coldwell Banker Real Estate Group License #475127109 Listed on: 07/05/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Deborah Christensen

Coldwell Banker Real Estate Group License #475127109 Listed on: 07/05/2015

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Type: Land
  • General Information: School Bus Service
  • Directions: Rt 34 Sandwich to Dayton St S to Lions Rd E to Millington Rd S to subdivision
  • Road Frontage Type: Township Road
  • Lot Size: 156X202X270X240
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Septic System Required, Well-Required

Schools

  • Junior High Dist: 430
  • Middle Or Junior School: SANDWICH MIDDLE SCHOOL

Lot Info

  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N
  • Subdivision Lot Number: 40
  • Additional Parcels: No
  • Current Use: Platted
  • Zoning: SINGL

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 34.84
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Fabere Kevin R and Moss Molly May
Bought by
Fabere Kevin R
Current Estimated Value
$466,532

Purchase Details

Listed on
Jul 5, 2015
Closed on
Nov 12, 2021
Sold by
Silver Fox Estates Inc
Bought by
Fabere Kevin R and Moss Molly May
Seller's Agent
Deborah Christensen
Coldwell Banker Real Estate Group
Buyer's Agent
Deborah Christensen
Coldwell Banker Real Estate Group
List Price
$49,000
Sold Price
$39,900
Premium/Discount to List
-$9,100
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.90%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fabere Kevin R -- None Available
Fabere Kevin R $40,000 None Available
Silver Fox Estates Inc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $39,900 -18.6% --
10/20/2021 10/20/21 Pending -- -- --
07/03/2015 07/03/15 For Sale $49,000 -- --
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 $8,725 $140,818 $14,453 $126,365
2023 $4,891 $76,124 $21,975 $54,149
2022 $40 $552 $552 $0
2021 $37 $513 $513 $0
2020 $35 $478 $478 $0
2019 $34 $446 $446 $0
2018 $32 $416 $416 $0
2017 $31 $390 $390 $0
2016 $30 $366 $366 $0
2015 $15 $361 $361 $0
2012 -- $328 $328 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08972510

Midwest Real Estate Data (MRED)

APN: 05-24-200040