NOT LISTED FOR SALE

122 S Logan St Lincoln, IL 62656

Estimated Value: $106,000 - $169,000

-- Bed
-- Bath
3,000 Sq Ft
$47/Sq Ft Est. Value

Last Sold May 16, 2013

Last sale price $25,000 $8 Per Sq Ft

Est. 460% increase in value since last sale

Current estimated payment $1,031/month

51 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-minute walk to Railsplitter State Park
  • Central Elementary School Rated A-
  • Baseboard Heating

About This Home

As of May 2013

Make $$$ with this 4 plex located close to down town Lincoln. Seller is very motivated to sell. All 4 units are rented on a month to month rental @ $350.00 per month. Newer siding and new architectural shingles Make this a perfect way to step into the rental business with out the worries of major outside repairs. All units have a stove and frig that will stay with the property.

Last Agent to Sell the Property

Michael Simonson

Werth & Assoc, REALTORS License #475130057 Listed on: 01/16/2013

Last Buyer's Agent

Michael Simonson

Werth & Assoc, REALTORS License #475130057 Listed on: 01/16/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 40x91
  • Corner Lot

Home Design

  • 3,000 Sq Ft Home
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Schools

  • Illini Central Elementary School
  • Lincoln Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 08-210-136-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1900
  • Structure Type: Two or More Story, Quadruplex
  • Special Features: None

Interior Features

  • Basement: Unfinished

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle

Utilities

  • Heating: Baseboard, Forced Air, Gas, Central Air, Window Unit(s)
  • Water Source: Public Sewer, Public

Schools

  • Elementary School: Illini Central
  • High School: Lincoln
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: Commercial
  • Lot Size: 40x91
  • Parcel #: 08-210-136-00

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1781.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
May 15, 2013
Sold by
Mcentire Melanie Sue and Mcentire David R
Bought by
Leverton Cheryl R
Seller's Agent
Michael Simonson
Werth & Assoc, REALTORS
Buyer's Agent
Michael Simonson
Werth & Assoc, REALTORS
List Price
$50,000
Sold Price
$25,000
Premium/Discount to List
-$25,000
-50%
Current Estimated Value
$140,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,010
Avg. Annual Appreciation
14.75%
Original Mortgage
$13,500
Interest Rate
5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 19, 2010
Sold by
Us Bank National Association
Bought by
Mcentire David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Outstanding Balance
$14,201
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$125,809

Purchase Details

Closed on
Feb 19, 2010
Sold by
Sheriff Of Logan County
Bought by
Us Bank National Association
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
Leverton Cheryl R $25,000 --
Mcentire David R -- --
Us Bank National Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Leverton Cheryl R $13,500
Open Mcentire David R $21,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2013 05/16/13 Sold $25,000 -50.0% $8 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $50,000 -- $17 / 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 $3,509 $38,280 $3,820 $34,460
2023 $3,403 $35,450 $3,540 $31,910
2022 $3,269 $33,130 $3,310 $29,820
2021 $3,150 $31,810 $3,180 $28,630
2020 $3,109 $31,340 $3,130 $28,210
2019 $3,044 $30,730 $3,070 $27,660
2018 $3,021 $30,130 $3,010 $27,120
2017 $3,003 $30,130 $3,010 $27,120
2016 $2,925 $30,100 $3,010 $27,090
2015 $1,820 $18,620 $2,910 $15,710
2014 $1,820 $18,620 $2,910 $15,710
2013 $1,820 $17,670 $2,760 $14,910
2012 $1,820 $17,990 $2,810 $15,180
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Simonson

    Werth & Assoc, REALTORS

    (217) 737-7234

    41 in this area

    55 Total Sales

    Michael Simonson
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA20130016

RMLS Alliance

APN: 08-210-136-00

Illinois Logan County Lincoln 62656

122 S Logan St, Lincoln, IL

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes