NOT LISTED FOR SALE

122 S Logan St Lincoln, IL 62656

Lincoln Area

Estimated Value: $136,000 - $167,000

Studio
-- Bath
3,000 Sq Ft
$50/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2013

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

Est. 506% increase in value since last sale

Current estimated payment $1,126 / mo

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

Range of Values:

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

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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

3,485 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
May 15, 2013
Sold by
Bought by
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
$151,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,500
Avg. Annual Appreciation
14.60%
Original Mortgage
$13,500
Interest Rate
5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 19, 2010
Sold by
Bought by

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
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 19, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lincoln, IL

  • Ryan Dalton Real Estate Agent - Utterback Real Estate

    Ryan Dalton

    Utterback Real Estate

    (309) 790-3643

    82 Total Sales

    2 in Lincoln

    $8K - $187K Price Range

    Ryan Dalton
     Section Image
  • Andrew Meister Real Estate Agent - Keller Williams Capital

    Andrew Meister

    Keller Williams Capital

    (217) 670-6788

    92 Total Sales

    23 in Lincoln

    $27K - $225K Price Range

    Andrew Meister
     Section Image
  • Patricia Thomas Real Estate Agent - eXp Realty

    Patricia Thomas

    eXp Realty

    (855) 645-3108

    65 Total Sales

    1 in Lincoln

    $90,000 Price

    Patricia Thomas
     Section Image
  • Rhonda McGath Real Estate Agent - eXp Realty

    Rhonda McGath

    Responds Quickly

    eXp Realty

    (309) 306-3668

    144 Total Sales

    1 in Lincoln

    $164,900 Price

    Rhonda McGath
     Section Image
  • Jessica Shaffer Real Estate Agent - Land & Home Real Estate

    Jessica Shaffer

    Land & Home Real Estate

    (217) 394-5804

    91 Total Sales

    3 in Lincoln

    $82K - $150K Price Range

    Jessica Shaffer
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$25,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $304,200
Closed $13,500
Closed $21,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,509 $40,960 $4,090 $36,870
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

    48 Total Sales

    Michael Simonson
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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

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RMLS Alliance All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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