NOT LISTED FOR SALE

1316 Richland Ave Lincoln, IL 62656

Estimated Value: $121,000 - $155,000

3 Beds
1 Bath
1,092 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $90,000 $82 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $944/month

Highlights

  • Ranch Style House
  • Central Elementary School Rated A-
  • Garage

About This Home

As of August 2021

Main level living in this ranch style home nestled on Richland Avenue, just blocks form Adams Elementary School. The home provides handicap access, hardwood floor through most rooms, main floor washer/dryer and attached 1 car garage. Three bedrooms on the main floor with large closets, full bath with jetted tub. The backyard has a nice size shed and gazebo for outdoor living. Need a little extra room? Full partially finished basement with summer kitchen cabinetry, potential family room and three rooms to create rooms to meet your family's needs! There is a 3 piece bathroom located in the bathroom, and will need repair. This property is move in ready and being SOLD AS IS. Buyer welcome to have inspections.

Last Agent to Sell the Property

Nancy Cunningham

Werth & Assoc, REALTORS License #475161178 Listed on: 06/05/2021

Last Buyer's Agent

Nancy Cunningham

Werth & Assoc, REALTORS License #475161178 Listed on: 06/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,413

Year Built

  • Built in 1964

Lot Details

  • 8,712

Parking

  • Garage

Home Design

  • Ranch Style House

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Additional Features

  • 1 Full Bathroom
  • Water Softener Leased

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,413

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: 8-3648 EX S 85 FT OF W 57 FT LOT 51 & EX S 85 FT LOT 52 STARKEY ACRES ADDN.
  • Lvt Date: 06/06/2021
  • Year Built: 1964
  • Senior Community: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Hood/Fan, Microwave Oven, Refrigerator, Range/Oven, Washer, Water Softener - Rented
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Number of Half Bathrooms in the Basement: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12x13, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Block, Concrete
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11x9, On Level: Lower, Flooring: Hardwood
  • Bedroom 3: Dimensions: 7x10, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 14x12, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Living Room: Dimensions: 15x10, On Level: Main, Flooring: Hardwood
  • Price Per Sq Ft: 82.42
  • Finished Sq Ft: 1092
  • Total Sq Ft: 1092
  • Finished Main Level Sq Ft: 1092

Exterior Features

  • Exterior: Aluminum Siding, Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, Parking Slab
  • Garage Yn: Yes
  • Number Cars: 1
  • Number Of Garage Remotes: 1

Utilities

  • Heating Cooling: Gas, Baseboard, Water Heater - Electric, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water
  • Utility Companies: Ameren

Lot Info

  • Estimated Lot Size: 63X137
  • Lot Description: Level
  • Subdivision: Lincoln
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2412.7
  • Parcel Id Number Tax Id: 08-425-051-00
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

MLS Schools

  • High School School District: Lincoln Elementary District#27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 9, 2021
Sold by
Oliver James
Bought by
Haynes Erin
Seller's Agent
Nancy Cunningham
Werth & Assoc, REALTORS
Buyer's Agent
Nancy Cunningham
Werth & Assoc, REALTORS
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$134,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,361
Avg. Annual Appreciation
9.77%
Original Mortgage
$87,100
Outstanding Balance
$79,030
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$55,331

Purchase Details

Closed on
Dec 13, 2018
Sold by
Oliver James and Oliver Linda
Bought by
James Oliver

Purchase Details

Closed on
Jan 31, 1991
Bought by
Oliver James H and Oliver Linda S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Haynes Erin $90,000 None Available
James Oliver -- None Available
Oliver James H $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haynes Erin $87,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold $90,000 0.0% $82 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $90,000 -- $82 / 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 $2,845 $37,030 $7,440 $29,590
2023 $2,675 $34,290 $6,890 $27,400
2022 $2,571 $32,050 $6,440 $25,610
2021 $2,452 $30,770 $6,180 $24,590
2020 $2,413 $30,320 $6,090 $24,230
2019 $2,349 $29,720 $5,970 $23,750
2018 $2,319 $29,130 $5,850 $23,280
2017 $2,305 $29,130 $5,850 $23,280
2016 $2,245 $29,100 $5,840 $23,260
2015 $2,456 $31,320 $5,640 $25,680
2014 $2,456 $31,320 $5,640 $25,680
2013 $2,456 $29,730 $5,350 $24,380
2012 $2,456 $30,270 $5,450 $24,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1007581

RMLS Alliance

APN: 08-425-051-00