Seller's Agent in 2022
Seth Goodman
ME Realty
(217) 737-3742
952 in this area
1,879 Total Sales
1122 Delavan St Unit 1118 Delavan Lincoln, IL 62656
Estimated Value: $101,000 - $205,000
7
Beds
4
Baths
2,576
Sq Ft
$61/Sq Ft
Est. Value
About This Home
As of July 2022Expansive one owner aluminum sided tri-plex situated on a roomy 80X150 corner lot across from a grade school and just steps from the downtown district! End unit (1122) features a living room with a corner woodburning fireplace and lovely stained glass window, an equipped kitchen with breakfast bar, conveniently located laundry/mudroom area, three bedrooms including a master suite with a full bath, two closets, and an exterior access point, and a second full hall bath. Unit also has a partial basement and a two car attached garage. The additional units (1118 and 1114) are host to an open living/kitchen/laundry concept, two bedrooms, and a full hall bath. 1118 rents for $575.00/month -- 1114 rents for $525.00/month. This all electric property also features a fenced yard. All range/oven and refrigerators to remain. Sellers pay sewer and garbage -- tenants pay remaining utilities. A rock solid investment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,450
Year Built
- Built in 1977
Lot Details
- 0.28
Home Design
- Concrete Foundation
Interior Spaces
- 1-Story Property
Basement
- Partial Basement
- Block Basement Construction
- Crawl Space
Schools
- Lincoln High School
Listing and Financial Details
- Tenant pays for electric only, water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 17, 2024
Sold by
Taaj Llc
Bought by
Taaj Delavan Llc
Current Estimated Value
Purchase Details
Listed on
May 4, 2021
Closed on
Jul 1, 2022
Sold by
Vicki Hilliard Trustee
Bought by
Taaj Llc
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$169,900
Sold Price
$120,000
Premium/Discount to List
-$49,900
-29.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Purchase Details
Closed on
Sep 21, 2017
Sold by
Snyder Elmer L and Snyder Patricia Cleo
Bought by
Snyder Elmer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,736
Interest Rate
3.89%
Mortgage Type
VA
Purchase Details
Closed on
Sep 12, 1973
Sold by
Snyder Elmer L and Snyder Patricia C
Bought by
Snyder Elmer L and Snyder Patricia C
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Taaj Delavan Llc | -- | None Available | |
| Taaj Llc | $120,000 | None Available | |
| Snyder Elmer L | -- | -- | |
| Snyder Elmer L | $5,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Snyder Elmer L | $116,736 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2022 07/01/22 | Sold | $120,000 | -11.1% | $47 / Sq Ft |
| 05/06/2022 05/06/22 | Pending | -- | -- | -- |
| 01/14/2022 01/14/22 | Price Changed | $135,000 | -15.6% | $52 / Sq Ft |
| 06/21/2021 06/21/21 | Price Changed | $160,000 | -5.8% | $62 / Sq Ft |
| 05/04/2021 05/04/21 | For Sale | $169,900 | -- | $66 / Sq Ft |
Source: RMLS Alliance
Tax History Compared to Growth
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 | $5,403 | $58,940 | $8,360 | $50,580 |
| 2023 | $5,161 | $54,570 | $7,740 | $46,830 |
| 2022 | $5,033 | $51,000 | $7,230 | $43,770 |
| 2021 | $6,450 | $65,140 | $6,940 | $58,200 |
| 2020 | $2,729 | $64,180 | $6,840 | $57,340 |
| 2019 | $5,144 | $62,930 | $6,710 | $56,220 |
| 2018 | $5,076 | $61,700 | $6,580 | $55,120 |
| 2017 | $5,046 | $61,700 | $6,580 | $55,120 |
| 2016 | $4,921 | $61,630 | $6,570 | $55,060 |
| 2015 | $4,849 | $59,950 | $6,650 | $53,300 |
| 2014 | $4,849 | $59,950 | $6,650 | $53,300 |
| 2013 | $4,849 | $56,900 | $6,310 | $50,590 |
| 2012 | $4,849 | $57,920 | $6,420 | $51,500 |
Source: Public Records
Agents Affiliated with this Home
-
Seth Goodman
Map
Source: RMLS Alliance
MLS Number: CA1006840
APN: 08-255-176-00
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