NOT LISTED FOR SALE

508 E Rennesoy Dr Newark, IL 60541

Estimated Value: $321,590 - $373,000

3 Beds
3 Baths
2,507 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: March 18, 2021

Last sale price $215,000 $86 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,367 / mo

24 Days on Market

Highlights

  • Open Floorplan
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Newark Elementary School Rated 9+
  • Fire Pit
  • Family or Dining Combination

About This Home

As of March 2021

MOVE RIGHT IN! NEW siding. NEW windows. NEW flooring. NEW Carpet. NEW Paint. NEW Master Bath w/his/her vanity. NEW Guest Bath. Dramatic 2 story entry w/loft overlooking Living Rm/Dining Room. Seperate Family Room w/fireplace. This spacious property features 3 bedrooms plus a loft, 2 1/2 baths, a 2 car heated garage, a full basement... the list goes on! Owner made all these improvements for himself, but received a promotion, out of state, that he couldn't pass up! Own this house for less than renting! PLEASE NOTE: Real Estate Taxes for 2020 have been decreased dramatically. (Per letter dated 9/17/2020 from County Assessing Official. Please confirm with assessors office.) Checkout the Virtual Tour too. This move in ready home, will not last long! (Existing garage and DR windows)

Last Agent to Sell the Property

Lisa Norris

HomeSmart Connect LLC License #475134032 Listed on: 01/14/2021

Last Buyer's Agent

Chad Haug

C Edwards Real Estate License #471013028

Home Details

Home Type

  • Single Family

Year Renovated

  • 2020

Lot Details

  • 0.49

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Window Treatments
  • Family or Dining Combination
  • Partially Carpeted
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Shower Body Spray

Outdoor Features

  • Fire Pit

Utilities

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

Home Details

Home Type

Single Family

Year Renovated

2020

Lot Details

0.49 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Recent Rehab: Yes
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Open Floorplan, Some Carpeting, Some Window Treatmnt, Dining Combo
  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X10, On Level: Main Level
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X10, On Level: Main Level
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2507
  • Family Room: Dimensions: 17X12, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Fire Pit
  • Acreage: 0.49

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 66

Lot Info

  • Lot Dimensions: 100 X 170
  • Parcel Identification Number: 0705379004

Tax Info

  • Taxes: 6458.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Mar 12, 2021
Sold by
Norris Adam D
Bought by
Lorance Nathan and Lorance Rebecca
Seller's Agent
Lisa Norris
HomeSmart Connect LLC
Buyer's Agent
Chad Haug
C Edwards Real Estate
List Price
$237,000
Sold Price
$215,000
Premium/Discount to List
-$22,000
-9.28%
Current Estimated Value
$336,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,066
Avg. Annual Appreciation
9.81%
Original Mortgage
$211,105
Outstanding Balance
$187,765
Interest Rate
2.25%
Mortgage Type
FHA
Estimated Equity
$157,133

Purchase Details

Listed on
May 1, 2019
Closed on
Oct 10, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Norris Adam D
Seller's Agent
Frank Rusin
Four Seasons Realty, Inc.
Buyer's Agent
Lisa McCauley
Keller Williams Success Realty
List Price
$189,900
Sold Price
$153,000
Premium/Discount to List
-$36,900
-19.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.07%
Original Mortgage
$148,410
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2019
Sold by
Kaltenecker Aaron D and Kaltenecker Tina M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 1, 2007
Sold by
Schoppe John
Bought by
Kaltenecker Aaron D and Kaltenecker Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2002
Sold by
Old Second National Bank Of Aurora
Bought by
Schoppe John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.7%

Purchase Details

Closed on
Apr 16, 2001
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Schoppe John

Purchase Details

Closed on
May 16, 2000
Sold by
Martin Ronald K and Martin Dayla R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 12, 1996
Sold by
Masterpiece Fine Homes
Bought by
Martin Ronald K and Martin Dayla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
8.29%

Purchase Details

Closed on
Sep 1, 1996
Bought by
Martin Ronald K and Martin Dayla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
8.29%

Purchase Details

Closed on
Oct 1, 1995
Bought by
Martin Kevin & Assoc Inc
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
Lorance Nathan $215,000 Old Republic Title
Norris Adam D $153,000 Real Estate Title Co Llc
Federal Home Loan Mortgage Corporation -- None Available
Kaltenecker Aaron D $170,000 Chicago Title Insurance Co
Schoppe John -- Chicago Title Insurance Co
Schoppe John -- Ticor Title Insurance Compan
Federal Home Loan Mortgage Corporation -- --
Martin Ronald K $170,000 Lawyers Title Insurance Co
Martin Ronald K $170,000 --
Martin Kevin & Assoc Inc $27,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorance Nathan $211,105
Previous Owner Norris Adam D $148,410
Previous Owner Kaltenecker Aaron D $169,900
Previous Owner Schoppe John $126,400
Previous Owner Martin Ronald K $153,000
Closed Martin Kevin & Assoc Inc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2021 03/18/21 Sold $215,000 -6.3% $86 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
02/05/2021 02/05/21 Price Changed $229,500 -2.3% $92 / Sq Ft
01/28/2021 01/28/21 Price Changed $234,900 -0.9% $94 / Sq Ft
01/14/2021 01/14/21 For Sale $237,000 +54.9% $95 / Sq Ft
10/15/2019 10/15/19 Sold $153,000 +0.3% $61 / Sq Ft View Prior Sale
09/06/2019 09/06/19 Pending -- -- --
08/12/2019 08/12/19 Price Changed $152,500 -1.5% $61 / Sq Ft
07/29/2019 07/29/19 Price Changed $154,900 -3.1% $62 / Sq Ft
07/15/2019 07/15/19 Price Changed $159,900 -3.0% $64 / Sq Ft
07/01/2019 07/01/19 Price Changed $164,900 -2.9% $66 / Sq Ft
06/17/2019 06/17/19 Price Changed $169,900 -5.6% $68 / Sq Ft
06/03/2019 06/03/19 Price Changed $179,900 -5.3% $72 / Sq Ft
05/01/2019 05/01/19 For Sale $189,900 -- $76 / 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 $6,679 $94,630 $20,892 $73,738
2023 $5,458 $84,977 $18,761 $66,216
2022 $5,458 $76,283 $18,097 $58,186
2021 $3,694 $51,786 $17,612 $34,174
2020 $3,597 $50,886 $17,306 $33,580
2019 $6,458 $85,003 $17,306 $67,697
2018 $6,307 $82,594 $17,420 $65,174
2017 $6,293 $81,502 $17,190 $64,312
2016 $6,327 $81,502 $17,190 $64,312
2015 $5,772 $80,600 $17,000 $63,600
2014 -- $78,918 $21,061 $57,857
2013 -- $78,918 $21,061 $57,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10972290

Midwest Real Estate Data (MRED)

APN: 07-05-379-004

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