NOT LISTED FOR SALE

1022 Tremont St Lincoln, IL 62656

Estimated Value: $107,000 - $123,579

2 Beds
1 Bath
2,148 Sq Ft
$55/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $95,000 $44 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $841/month

Highlights

  • Mature Trees
  • Corner Lot
  • 1 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • 2-minute walk to Latham Park

About This Home

As of November 2023

This absolutely charming bungalow is ready for new owners to love and call their own! Situated on a corner lot of beautiful Tremont Street just minutes from the heart of downtown Lincoln, this home boasts great curb appeal with its welcoming covered front porch and all-brick exterior. Interior of the home features a large front living room with woodburning fireplace, spacious dining room, fully renovated (2015) kitchen with all new cabinets, counters and appliances, reconfigured main floor laundry room with stackable washer and dryer, two bedrooms and a renovated (2015) full hall bath with timeless tiled walk-in shower. A full, unfinished basement offers loads of additional living and storage space. Beautiful hardwoods throughout, replacement windows (2016) and fresh paint add to the list of this home's low-maintenance charm. Property also features a detached vinyl-sided garage with concrete patio. All appliances to remain for new owners. Property being sold as presented with no repairs at the cost of the seller. Don't wait - this beauty won't last long!

Last Agent to Sell the Property

Erin Burns

Keller Williams Revolution License #475179695 Listed on: 10/30/2023

Keller Williams Revolution

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,912

Year Built

  • Built in 1927 | Remodeled in 2015

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Corner Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Replacement Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Lincoln Jr High Elementary And Middle School
  • Lincoln High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,912

Year Built

Built in 1927 | Remodeled in 2015

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Not Applicable
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Replacement Windows
  • LivingArea: 2148
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1074
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 2148
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Lot Features: Corner Lot, Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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: Lincoln Jr High
  • High School: Lincoln High School
  • Middle/Junior School: Lincoln Jr High

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1912.4
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Dec 15, 2023
Sold by
Goodman Seth A
Bought by
Billington Jennifer Renee
Seller's Agent
Erin Burns
Keller Williams Revolution
Buyer's Agent
Non Member
NON MEMBER
List Price
$95,000
Sold Price
$95,000
Views
28
Current Estimated Value
$117,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,145
Avg. Annual Appreciation
10.93%

Purchase Details

Listed on
Oct 30, 2023
Closed on
Nov 17, 2023
Sold by
Holladay Darrell L and Holladay Carole
Bought by
Goodman Seth A
Seller's Agent
Erin Burns
Keller Williams Revolution
Buyer's Agent
Non Member
NON MEMBER
List Price
$95,000
Sold Price
$95,000
Views
28

Purchase Details

Listed on
Jul 16, 2015
Closed on
Sep 21, 2015
Sold by
Cook Adam and Cook Lisa
Bought by
Holladay Darrell L and Holladay Carole
Seller's Agent
Amy Butler
Werth & Assoc, REALTORS
Buyer's Agent
Seth Goodman
ME Realty
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%

Purchase Details

Closed on
Jun 24, 2010
Sold by
Loy Thomas E
Bought by
Cook Adam and Behle Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
4.2%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Billington Jennifer Renee $95,000 None Available
Goodman Seth A $95,000 None Available
Holladay Darrell L $80,000 --
Cook Adam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Adam $61,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2023 11/17/23 Sold $95,000 0.0% $44 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $95,000 +18.9% $44 / Sq Ft
09/21/2015 09/21/15 Sold $79,900 0.0% $74 / Sq Ft View Prior Sale
07/26/2015 07/26/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $79,900 -- $74 / 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 $2,669 $35,110 $4,910 $30,200
2023 $2,034 $32,510 $4,550 $27,960
2022 $1,912 $30,380 $4,250 $26,130
2021 $1,799 $29,170 $4,080 $25,090
2020 $1,647 $28,740 $4,020 $24,720
2019 $1,702 $28,180 $3,940 $24,240
2018 $1,664 $27,620 $3,860 $23,760
2017 $1,655 $27,620 $3,860 $23,760
2016 $1,613 $27,600 $3,860 $23,740
2015 $2,019 $26,850 $3,810 $23,040
2014 $2,019 $26,850 $3,810 $23,040
2013 $2,019 $25,490 $3,620 $21,870
2012 $2,019 $25,950 $3,690 $22,260
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11920277

Midwest Real Estate Data (MRED)

APN: 08-215-019-00