$49,000
SOLD OCT 28, 2024

1401 N Lincoln Ave Unit 1 Springfield, IL 62702

3 Beds
1 Bath
1,244 Sq Ft
2 Acres

Recently Sold

$39 Per Sq Ft

18% Below List Price

90 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • Bungalow
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Shed

About This Home

As of October 2024

Reduced by 10K! This is a RARE find. Located on the northwest side of Springfield, this bungalow home is situated on a 2 parcel's that totals 2 acres! The interior offers a nice sized living room, a kitchen and a bathroom on the main level. Up a short flight of steps to the upper level houses the 3 bedrooms. Other amenities included a rear screened porch, partially fenced yard, 1c detached garage and storage sheds. This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. Sold As IS

Last Agent to Sell the Property

Stephanie Do

Do Realty Services, Inc. Brokerage Email: bpo@dorealty.net License #471000834 Listed on: 06/26/2024

Last Buyer's Agent

Phil Chiles

Keller Williams Capital License #471018443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1933

Lot Details

  • 2 Acre Lot
  • Fenced Yard
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • 1,244 Sq Ft Home
  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Schools

  • Springfield District #186 High School

Additional Features

  • Eat-In Kitchen
  • Forced Air Heating System
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 14-20-0-477-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,482

Year Built

Built in 1933

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1933
  • Architectural Style: Bungalow
  • New Construction: No
  • PricePerSqFt: 39.39
  • Attribution Contact: bpo@dorealty.net
  • Special Features: None

Interior Features

  • Appliances: None
  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1244
  • TotalBasementSqFt: 622
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Fenced Yard, Porch, Shed(s)
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Water Source: Public, Septic System
  • NumberOfGarageRemotes: 0
  • UtilitiesOnYN: No

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size Acres: 2
  • Lot Size: 2 acres
  • Additional Parcels Description: 14-20-0-477-001
  • Parcel #: 14-20-0-477-002

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1403.29
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Oct 22, 2024
Sold by
Rcaf Loan Acquisition Lp
Bought by
Barbara Brooks Trust
Seller's Agent
Stephanie Do
Do Realty Services, Inc.
Buyer's Agent
Phil Chiles
Keller Williams Capital
List Price
$59,900
Sold Price
$49,000
Premium/Discount to List
-$10,900
-18.2%
Total Days on Market
90
Views
188
Current Estimated Value
$68,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,142
Avg. Annual Appreciation
74.88%

Purchase Details

Closed on
Mar 21, 2024
Sold by
Sheriff Of Sangamon County
Bought by
Rcaf Loan Acquisition Lp

Purchase Details

Closed on
Mar 21, 2006
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $49,000 None Listed On Document
Sheriffs Deed -- None Listed On Document
Deed $56,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $49,000 -1.8% $39 / Sq Ft
08/23/2024 08/23/24 Price Changed $49,900 -16.7% $40 / Sq Ft
06/26/2024 06/26/24 For Sale $59,900 -- $48 / 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 $1,482 $23,981 $3,414 $20,567
2023 $1,373 $21,726 $3,093 $18,633
2022 $1,299 $20,681 $2,944 $17,737
2021 $1,156 $18,965 $2,700 $16,265
2020 $1,119 $18,855 $2,684 $16,171
2019 $1,091 $18,784 $2,674 $16,110
2018 $1,086 $19,140 $2,725 $16,415
2017 $1,031 $18,557 $2,642 $15,915
2016 $945 $17,517 $2,494 $15,023
2015 $940 $17,437 $2,483 $14,954
2014 $976 $18,003 $2,564 $15,439
2013 $1,027 $19,014 $2,708 $16,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1030090

RMLS Alliance

APN: 14-20.0-477-002