NOT LISTED FOR SALE

507 E Benton St Newark, IL 60541

Estimated Value: $267,000 - $288,714

5 Beds
3 Baths
1,400 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2016

Last sale price $139,900 $100 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,795 / mo

7 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Attached Garage
  • Newark Elementary School Rated 9+
  • Ranch Style House
  • Breakfast Bar

About This Home

As of February 2016

3 bedroom ranch and 3 full baths and over 1400 sq ft with partially finished basement. Oak kitchen with breakfast bar to large dining area to sliding door to deck and pool area. Very large 1 st floor laundry room with attached bath. Master bedroom with full bath. Almost 1/2 acre with shed. Basement has 3 rooms partially finished. "Seller Requires a Caliber Home Loans Qualification Letter prior to negotiation for any non- cash transaction. All buyer have to pre-approved by: Please contact Caliber Loan Consultant TAMMY ERNST see agent remarks for her info

Last Agent to Sell the Property

James Lemar

Lemar Realty License #471001191 Listed on: 01/13/2016

Last Buyer's Agent

James Lemar

Lemar Realty License #471001191 Listed on: 01/13/2016

Home Details

Home Type

  • Single Family

Year Built

  • 1989

Lot Details

  • 0.45

Parking

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

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Masonite

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Outdoor Features

  • Above Ground Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Laminate Flooring
  • Laundry on main level
  • Basement Fills Entire Space Under The House
  • Southern Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1989

Lot Details

0.45 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 26-30 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1989
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 9
  • Living Room: Dimensions: 22X16, On Level: Main Level, Flooring: Carpet
  • Appliances: Dishwasher
  • Equipment: Ceiling Fan, Sump Pump
  • Attic: Full
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 16X8, On Level: Main Level, Flooring: Wood Laminate
  • Dining Room: Dimensions: 16X13, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: 5th Bedroom, Deck
  • Master Bedroom: Dimensions: 16X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X10, On Level: Basement, Flooring: Other
  • Additional Room 2 Name: Deck, Dimensions: 25X14, On Level: Main Level
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 19X13, On Level: Basement, Flooring: Other
  • Estimated Sq Ft: 1400
  • Dining Room Type: Separate
  • Family Room: Dimensions: 31X13, On Level: Basement, Flooring: Other

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Masonite
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Pool Above Ground, Storms/Screens
  • Exposure: S (South)
  • Acreage: 0.45

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 66

Lot Info

  • Lot Dimensions: 110 X 180
  • Parcel Identification Number: 0705353014

Tax Info

  • Taxes: 4222.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2024
Sold by
Race James W
Bought by
Race James W and Race Kayla
Current Estimated Value
$281,179

Purchase Details

Listed on
Jan 13, 2016
Closed on
Jan 25, 2016
Sold by
Us Bank Trust Na
Bought by
Race James W
Seller's Agent
James Lemar
Lemar Realty
Buyer's Agent
James Lemar
Lemar Realty
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$142,907
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Dec 2, 2015
Sold by
Ramey Duane F
Bought by
U S Bank Trust Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,907
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
May 1, 1989
Bought by
Ramey Duane and Ramey Beth

Purchase Details

Closed on
May 1, 1987

Purchase Details

Closed on
Jul 1, 1986
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
Race James W -- None Listed On Document
Race James W $140,000 None Available
U S Bank Trust Na -- Attorney
Ramey Duane $11,500 --
-- $6,600 --
-- $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Race James W $142,907
Closed Ramey Duane --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $139,900 0.0% $100 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $139,900 -- $100 / 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 -- $79,136 $20,892 $58,244
2023 $4,498 $75,045 $18,761 $56,284
2022 $4,498 $67,525 $18,417 $49,108
2021 $4,360 $63,433 $17,301 $46,132
2020 $3,647 $51,511 $17,306 $34,205
2019 $3,720 $51,511 $17,306 $34,205
2018 $3,938 $47,794 $17,420 $30,374
2017 $3,931 $47,162 $17,190 $29,972
2016 $3,952 $47,162 $17,190 $29,972
2015 $4,862 $62,840 $17,000 $45,840
2014 -- $61,294 $19,055 $42,239
2013 -- $61,294 $19,055 $42,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09115711

Midwest Real Estate Data (MRED)

APN: 07-05-353-014

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