NOT LISTED FOR SALE

1501 N Ottawa St Lincoln, IL 62656

Estimated Value: $133,000 - $165,491

3 Beds
2 Baths
1,274 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $140,000 $110 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,047/month

4 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Oversized Parking
  • Central Elementary School Rated A-
  • Porch
  • Patio

About This Home

As of September 2023

Talk about a dollhouse! This picture perfect 3 bedroom, 2 full bath story and a half vinyl sided residential dwelling is the true definition of turn key! Main floor of home features a comfortably sized living room host to a woodburning fireplace, a cozy dining area, efficient equipped kitchen, two bedrooms -- one with hardwood flooring, and a beautiful full hall tiled bath. Upstairs, you will find a large 16X14 third bedroom with a large adjacent walk-in closet. The full basement is without question fully usable and boasts a family room/den, second full bath, laundry facilities, mechanicals, and abundant storage/work space. The noteworthy features do not stop inside, however! Outside, you will find a covered front porch, rear patio, 10X14 rear storage shed, and a fantastic 24X30 2+ car detached garage with tall overhead doors, separate 100 AMP electrical panel, in addition to 220 outlets. The cherry on top is the fact that this gem is situated on a sprawling 140X150 lot within an established residential neighborhood! Pack your bags and move QUICKLY as this property will NOT last!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 08/05/2023

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 08/05/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,536

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 140x150
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Home Design

  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,274 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Replacement Windows
  • Blinds
  • Living Room with Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 08-030-023-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,536

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Architectural Style: One and Half Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 1274
  • KitchenDining: Dining Informal,Dining/Living Combo

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Patio, Porch, Replacement Windows, Shed(s)
  • Foundation Details: Block, Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Oversized

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 140X150
  • Parcel #: 08-030-023-00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2536.06
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Sep 22, 2023
Sold by
Grigg Jeffrey S
Bought by
Holiday Colton L and Morgan Saristen G
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$140,000
Sold Price
$140,000
Views
38
Current Estimated Value
$153,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,873
Avg. Annual Appreciation
4.43%
Original Mortgage
$135,800
Outstanding Balance
$132,920
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$20,953

Purchase Details

Listed on
Jul 12, 2014
Closed on
Aug 4, 2015
Sold by
Kapik John
Bought by
Grigg Jeffrey S
Seller's Agent
Marsha Fernandes
ME Realty
Buyer's Agent
Linda Barrick
IN BETWEEN OFFICES
List Price
$89,900
Sold Price
$83,000
Premium/Discount to List
-$6,900
-7.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$81,496
Interest Rate
4.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Holiday Colton L $140,000 None Available
Grigg Jeffrey S $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holiday Colton L $135,800
Previous Owner Grigg Jeffrey S $81,496
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $140,000 0.0% $110 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $140,000 +68.7% $110 / Sq Ft
08/04/2015 08/04/15 Sold $83,000 -7.7% $56 / Sq Ft View Prior Sale
06/04/2015 06/04/15 Pending -- -- --
07/12/2014 07/12/14 For Sale $89,900 -- $60 / 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 $2,808 $36,630 $14,490 $22,140
2023 $2,640 $33,920 $13,420 $20,500
2022 $2,536 $31,700 $12,540 $19,160
2021 $2,419 $30,430 $12,040 $18,390
2020 $2,379 $29,980 $11,860 $18,120
2019 $2,317 $29,390 $11,630 $17,760
2018 $2,287 $28,810 $11,400 $17,410
2017 $2,273 $28,810 $11,400 $17,410
2016 $2,214 $28,780 $11,390 $17,390
2015 $1,854 $33,850 $11,600 $22,250
2014 $1,854 $33,850 $11,600 $22,250
2013 $1,854 $32,130 $11,010 $21,120
2012 $1,854 $32,710 $11,210 $21,500
Source: Public Records

Agents Affiliated with this Home

  • Seth Goodman

    Seller's Agent in 2023

    Seth Goodman

    ME Realty

    (217) 737-3742

    952 in this area

    1,880 Total Sales

    Seth Goodman
    Section Image

  • M

    Seller's Agent in 2015

    Marsha Fernandes

    ME Realty

    19 in this area

    20 Total Sales

    Marsha Fernandes
    Section Image

  • L

    Buyer's Agent in 2015

    Linda Barrick

    IN BETWEEN OFFICES

See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1023944

RMLS Alliance

APN: 08-030-023-00

Illinois Logan County Lincoln 62656

1501 N Ottawa St, Lincoln, IL

Not Listed for Sale

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