NOT LISTED FOR SALE

5 E Lions St Newark, IL 60541

Estimated Value: $82,000 - $170,223

2 Beds
1 Bath
1,000 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2021

Last sale price $55,000 $55 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $969 / mo

12 Days on Market

Highlights

  • Mature Trees
  • Wood Burning Stove
  • Formal Dining Room
  • Newark Elementary School Rated 9+
  • 1 Fireplace
  • Enclosed Patio or Porch

About This Home

As of June 2021

Can you see the potential in this cute home in Newark? Situated on a nice lot with no neighbors behind, this could be such a great place for someone with a vision. Utilities are off, and home has not been occupied for several years, being sold as is.

Last Agent to Sell the Property

Kathy Bright

Kettley & Co. Inc. - Yorkville License #475096195 Listed on: 05/06/2021

Last Buyer's Agent

Susan West

United Real Estate - Chicago License #475164732

United Real Estate - Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,089

Lot Details

  • Lot Dimensions are 70x143x50x142
  • Mature Trees

Home Design

  • Block Foundation
  • Masonite

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Space is Owned

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Newark Elementary School
  • Millbrook Junior High School
  • Newark Community High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,089

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • LivingArea: 1000
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Other
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Block
  • Lot Features: Mature Trees
  • Waterfront: No
  • Exterior Building Type: Masonite

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 4
  • Number of Cars: 4
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • 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

  • Elementary School: Newark Elementary School
  • High School: Newark Community High School
  • Middle/Junior School: Millbrook Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 70X143X50X142
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 2089
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
May 26, 2021
Sold by
Collofello Michael T
Bought by
West Roger J and West Susan A
Seller's Agent
Kathy Bright
Kettley & Co. Inc. - Yorkville
Buyer's Agent
Susan West
United Real Estate - Chicago
Sold Price
$55,000
Current Estimated Value
$142,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,556
Avg. Annual Appreciation
21.75%

Purchase Details

Closed on
Aug 8, 1997
Sold by
Weeks Evalynn J
Bought by
Collofello Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.25%
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
West Roger J $55,000 Fidelity National Ttl Ins Co
Collofello Michael T $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collofello Michael T $49,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $55,000 -15.4% $55 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/18/2021 05/18/21 For Sale -- -- --
05/14/2021 05/14/21 Price Changed $65,000 -7.1% $65 / Sq Ft
05/06/2021 05/06/21 For Sale $70,000 -- $70 / 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 $2,408 $31,954 $19,664 $12,290
2023 $1,542 $28,694 $17,658 $11,036
2022 $1,542 $19,858 $15,167 $4,691
2021 $1,505 $18,655 $14,248 $4,407
2020 $2,048 $31,558 $16,288 $15,270
2019 $2,089 $31,558 $16,288 $15,270
2018 $2,068 $31,142 $16,396 $14,746
2017 $2,061 $30,730 $16,179 $14,551
2016 $2,072 $30,730 $16,179 $14,551
2015 $1,887 $30,390 $16,000 $14,390
2014 -- $29,756 $18,052 $11,704
2013 -- $29,756 $18,052 $11,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11079284

Midwest Real Estate Data (MRED)

APN: 07-06-277-005

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