NOT LISTED FOR SALE

1034 N Madison St Lincoln, IL 62656

Estimated Value: $75,000 - $118,313

3 Beds
1 Bath
1,278 Sq Ft
$76/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $40,000 $31 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $681/month

210 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Patio
  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of September 2014

Here is a 3 bedroom 1 bath ranch located in one of Lincoln's quiet northwest neighborhoods with easy access to shopping and the freeway. The property offers a deck and large backyard. In addition, the partially finished basement has a family room, 2 bonus rooms, a toilet and shower. Some finishing work turns this house into a lot of bang for the buck. Property is being sold as is. Home does not hold pressure, water will not be turned on. EQUAL HOUSING OPPORTUNITY. Please use sellers purchase addendums only, attached in Documents

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 10,019

Parking

  • Attached Garage

Home Design

  • 1,278 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

  • Lincoln Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Eat-In Kitchen
  • 10,019 Sq Ft Lot
  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 12-680-067-00

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Architectural Style: Ranch
  • PricePerSqFt: 31.3
  • Special Features: None

Interior Features

  • Appliances: None
  • Basement: Partially Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • KitchenDining: Eat-In Kitchen
  • BelowGradeArea: 1008

Exterior Features

  • Lot Features: Agricultural
  • Construction Type: Modular, Other, Vinyl Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

  • Garage Yn: Yes
  • Parking Features: Attached

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public, Public Sewer

Schools

  • Elementary School: Lincoln Elementary School District #27
  • High School: Lincoln
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 10220
  • Parcel #: 12-680-067-00

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2302.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
Sep 19, 2014
Sold by
Illinois Housing Dev Authority
Bought by
Farmer Cory and Farmer Chynna
Buyer's Agent
Seth Goodman
ME Realty
List Price
$64,900
Sold Price
$40,000
Premium/Discount to List
-$24,900
-38.37%
Current Estimated Value
$97,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,078
Avg. Annual Appreciation
8.43%

Purchase Details

Closed on
Dec 31, 2013
Bought by
Illinois Housing Development Authority
Source: Public Records

Range of Values:

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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
Farmer Cory $40,000 --
Illinois Housing Development Authority -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2014 09/19/14 Sold $40,000 -38.4% $31 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $64,900 -- $51 / Sq Ft
Source: RMLS Alliance

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 $1,838 $26,320 $8,210 $18,110
2023 $1,713 $24,370 $7,600 $16,770
2022 $1,627 $22,730 $7,090 $15,640
2021 $1,551 $21,890 $6,830 $15,060
2020 $1,554 $21,890 $6,830 $15,060
2019 $1,509 $21,460 $6,700 $14,760
2018 $1,447 $20,630 $6,440 $14,190
2017 $1,439 $20,630 $6,440 $14,190
2016 $2,003 $20,880 $6,520 $14,360
2015 -- $31,010 $6,720 $24,290
2014 -- $31,010 $6,720 $24,290
2013 -- $28,620 $6,200 $22,420
2012 -- $29,040 $6,290 $22,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA20140080

RMLS Alliance

APN: 12-680-067-00