NOT LISTED FOR SALE

8050 Finnie Rd Newark, IL 60541

Estimated Value: $517,000 - $565,000

3 Beds
4 Baths
2,973 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $304,600 $102 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,789/month

232 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Mud Room
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Den

About This Home

As of May 2020

Located in Sandwich School District. Priced Below Appraised Value! Beautiful 3 Acre Parcel with Fox River Access. Horses Allowed. Beautiful 2 story Family Room with wood burning Fireplace, hardwood floors and skylights. Expansive eat-in Kitchen with large Island. Master bedroom with Gas Fireplace and Balcony. Office/Den/Nursery off Master Bedroom. Two large secondary Bedrooms on second floor. Possible 4th bedroom in Lower Level. 3.5 Bathrooms. Large Rec. Room Lower Level. Beautiful Mud Room with built in Cabinets off of Garage. Storeage Shed on property.

Last Agent to Sell the Property

Didi Hanni

Baird & Warner License #475124738 Listed on: 08/16/2019

Baird & Warner

Co-Listed By

Joane Patton-Seaton

Baird & Warner License #475159783

Last Buyer's Agent

Jed Parish

@properties Christie's International Real Estate License #475134780

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,244

Year Built

  • 1994

Lot Details

  • 3

Parking

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

Home Design

  • Brick Exterior Construction
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Mud Room
  • Den
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Propane
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • $600 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,244

Year Built

1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 26-30 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Wood Laminate Floors
  • Number Of Rooms: 8
  • Appliances: Oven-Double, Dishwasher, Cooktop
  • Fireplace Details: Wood Burning, Gas Logs
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 25X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Den, Recreation Room, Mud Room
  • Master Bedroom: Dimensions: 30X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 8X8, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 2 Name: Recreation Rm, Dimensions: 30X17, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Wood Laminate
  • Additional Room 3 Name: Mud, Dimensions: 10X10, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 2973
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: 3.0-3.99 Acres
  • Exterior Building Type: Brick, Cedar
  • Acreage: 3

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Propane

Schools

  • School District: 430
  • Junior High Dist: 430

Lot Info

  • Lot Dimensions: 360X423X447X276
  • Parcel Identification Number: 0417201002

Tax Info

  • Taxes: 9635.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
May 8, 2020
Sold by
Gleason John R and Gleason Jody P
Bought by
The Chicago Land Trust and Trust Number 8002383164
Seller's Agent
Didi Hanni
Baird & Warner
Buyer's Agent
Jed Parish
@properties Christie's International Real Estate
List Price
$347,900
Sold Price
$304,600
Premium/Discount to List
-$43,300
-12.45%
Current Estimated Value
$540,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,550
Avg. Annual Appreciation
10.13%
Original Mortgage
$289,750
Outstanding Balance
$258,761
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$253,196

Purchase Details

Closed on
Mar 1, 1994
Bought by
Gleason John R and Gleason Jody P

Purchase Details

Closed on
Oct 1, 1992
Bought by
Zitt Donald J and Zitt Colleen M
Source: Public Records

Range of Values:

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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
The Chicago Land Trust $305,000 Chicago Title
Gleason John R $219,000 --
Zitt Donald J $33,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Chicago Land Trust $289,750
Previous Owner Gleason John R $231,000
Previous Owner Gleason John R $154,312
Previous Owner Gleason Jody P $150,000
Previous Owner Gleason John R $150,000
Previous Owner Gleason John R $80,000
Previous Owner Gleason John R $243,000
Previous Owner Gleason John R $40,000
Previous Owner Gleason John R $246,350
Previous Owner Gleason John R $50,000
Closed Zitt Donald J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $304,600 -6.5% $102 / Sq Ft
04/04/2020 04/04/20 Pending -- -- --
03/25/2020 03/25/20 Price Changed $325,900 -1.2% $110 / Sq Ft
03/14/2020 03/14/20 Price Changed $329,900 -2.9% $111 / Sq Ft
02/11/2020 02/11/20 Price Changed $339,900 -2.3% $114 / Sq Ft
10/23/2019 10/23/19 For Sale $347,900 0.0% $117 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
09/10/2019 09/10/19 Price Changed $347,900 -0.6% $117 / Sq Ft
08/16/2019 08/16/19 For Sale $349,900 -- $118 / Sq Ft
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 $11,244 $170,840 $24,517 $146,323
2023 $10,140 $156,233 $22,421 $133,812
2022 $10,140 $141,522 $19,777 $121,745
2021 $10,103 $133,373 $18,638 $114,735
2020 $9,815 $128,256 $17,923 $110,333
2019 $9,826 $124,908 $17,455 $107,453
2018 $9,599 $118,610 $16,575 $102,035
2017 $9,563 $115,155 $16,092 $99,063
2016 $9,961 $113,779 $15,900 $97,879
2015 $10,399 $113,779 $15,900 $97,879
2014 -- $112,133 $15,700 $96,433
2013 -- $110,756 $23,825 $86,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10487527

Midwest Real Estate Data (MRED)

APN: 04-17-201-002