NOT LISTED FOR SALE

1502 Broadway St Unit 1506 Broadway Lincoln, IL 62656

Estimated Value: $55,000 - $91,000

1 Bed
1 Bath
481 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 10, 2016

Last sale price $32,000 $67 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $481/month

Highlights

  • Wooded Lot
  • Forced Air Heating System
  • Terraced Lot
  • Shed
  • Ceiling Fan

About This Home

As of September 2016

Two 1 bedroom cottages. Agent owned.

Last Agent to Sell the Property

Michael Simonson

Werth & Assoc, REALTORS License #475130057 Listed on: 07/08/2016

Last Buyer's Agent

Amy Butler

Werth & Assoc, REALTORS License #475158205

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1918

Lot Details

  • Lot Dimensions are 50x90
  • Terraced Lot
  • Wooded Lot

Home Design

  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 481 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Lincoln Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 08-350-004-20

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,160

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1918
  • Architectural Style: Other
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Washer, Dryer
  • Basement: Crawl Space, None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Ceiling Fan(s), Window Treatments

Exterior Features

  • Lot Features: Terraced/Sloping, Wooded
  • Construction Type: Mfg - Single Wide, Other, Vinyl Siding
  • Exterior Features: Shed(s)
  • Foundation Details: Brick
  • Roof: Shingle

Garage/Parking

  • Garage Yn: No

Utilities

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

Schools

  • Elementary School: Lincoln Elementary School District #27
  • High School: Lincoln
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: Residential
  • Lot Size: 50x90
  • Parcel #: 08-350-004-20

Tax Info

  • Tax Year: 15
  • Tax Annual Amount: 1159.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2016
Closed on
Sep 10, 2016
Sold by
Simonson Michael
Bought by
Mcfadden Charles A and Mcfadden Adrien N
Seller's Agent
Michael Simonson
Werth & Assoc, REALTORS
Buyer's Agent
Amy Butler
Werth & Assoc, REALTORS
List Price
$32,000
Sold Price
$32,000
Current Estimated Value
$68,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,754
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
Jan 17, 2014
Sold by
Goodman Seth A
Bought by
Simonson Michael L

Purchase Details

Closed on
Jan 13, 2012
Sold by
Cicci Barbara A
Bought by
Goodman Seth A and Simonson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Mcfadden Charles A $32,000 --
Simonson Michael L $5,000 --
Goodman Seth A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodman Seth A $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2016 09/10/16 Sold $32,000 0.0% $67 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $32,000 -- $67 / 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 $1,410 $15,380 $1,770 $13,610
2023 $1,347 $14,240 $1,640 $12,600
2022 $1,313 $13,310 $1,530 $11,780
2021 $1,265 $12,780 $1,470 $11,310
2020 $1,249 $12,590 $1,450 $11,140
2019 $1,222 $12,340 $1,420 $10,920
2018 $1,213 $12,100 $1,390 $10,710
2017 $1,206 $12,100 $1,390 $10,710
2016 $1,175 $12,090 $1,390 $10,700
2015 $1,142 $11,680 $1,390 $10,290
2014 $1,142 $11,680 $1,390 $10,290
2013 $1,142 $11,090 $1,320 $9,770
2012 $1,142 $11,290 $1,340 $9,950
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Simonson

    Werth & Assoc, REALTORS

    (217) 737-7234

    41 in this area

    55 Total Sales

    Michael Simonson
    Section Image

  • A

    Buyer's Agent in 2016

    Amy Butler

    Werth & Assoc, REALTORS

    43 in this area

    54 Total Sales

    Amy Butler
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA20160498

RMLS Alliance

APN: 08-350-004-20

Illinois Logan County Lincoln 62656

1502 Broadway St Unit 1506 Broadway, Lincoln, IL

Not Listed for Sale

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