$50,000
SOLD MAR 3, 2023

1503 Delavan St Lincoln, IL 62656

2 Beds
1 Bath
1,008 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

14% Below List Price

42 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding
  • 1 Car Detached Garage
  • Level Lot

About This Home

As of July 2024

Affordable two bedroom home on a large corner lot with easy access to everything. Formal dining room & updated bath, main floor laundry, spacious kitchen with appliances to remain in addition to washer/dryer. Vinyl sided exterior with the exception of a decorative wood portion on one side.

Last Agent to Sell the Property

Diane Schriber

ME Realty License #471004911 Listed on: 12/23/2022

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,010

Lot Details

  • Lot Dimensions are 63x150
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • 1,008 Sq Ft Home
  • Brick Foundation
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Schools

  • Lincoln Jr High Middle School
  • Lincoln Comm District #404 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-271-001-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,010

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • New Construction: No
  • PricePerSqFt: 49.6
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Washer
  • Basement: Crawl Space, Partial, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Cable Available
  • Living Area: 1008
  • TotalBasementSqFt: 800
  • KitchenDining: Dining Formal,Pantry

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached, Gravel, Paved

Utilities

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

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Lincoln Elementary School District #27
  • High School: Lincoln Comm District #404
  • Middle Or Junior School: Lincoln Jr High

Lot Info

  • Lot Size: 63x150
  • Additional Parcels Description: 8-2620 Lots 1 & 3.30 Ft. off Entire West Side of Lot 2 Block 1 Mayfields Addn.
  • Parcel #: 08-271-001-00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 40.6
  • TaxExemptions: Homestead/Owner Occupied,Senior Freeze,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 18, 2024
Sold by
Scherer Jacob M
Bought by
Mcevoy Jacob Michael
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$119,000
Sold Price
$123,000
Premium/Discount to List
$4,000
3.36%
Views
9
Current Estimated Value
$117,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,028
Avg. Annual Appreciation
-4.09%
Original Mortgage
$6,150
Outstanding Balance
$6,108
Interest Rate
6.87%
Estimated Equity
$111,864

Purchase Details

Closed on
May 31, 2023
Sold by
Scherer Paul J
Bought by
Scherer Jacob M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,350
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2022
Closed on
Mar 3, 2023
Sold by
Mccain Dale Eugene and Mccain Jerry Lynn
Bought by
Scherer Paul J
Seller's Agent
Diane Schriber
ME Realty
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$58,000
Sold Price
$50,000
Premium/Discount to List
-$8,000
-13.79%
Views
189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.21%

Purchase Details

Closed on
May 7, 1997
Bought by
Mccain Katherine O
Source: Public Records

Similar Homes in Lincoln, IL

  • 1405 Pekin St, Lincoln, IL 62656

    $48,500

    • 1 Bed
    • 1 Bath
    • 453 Sq Ft
    • 1405 Pekin St
    • Lincoln, IL

    This cute and cozy 1-bedroom, 1-bathroom home in Lincoln, Illinois offers comfort and efficiency with plenty of recent updates! Inside, you'll find new LVP flooring throughout and freshly painted walls. The home also features a new gas water heater (2022), new electrical panel (2022), and new vinyl siding (2023) for low-maintenance living. Enjoy peace of mind with a new roof (2023) and a new

    Ty Tucker ME Realty

    Section Image
  • 426 N Hamilton St, Lincoln, IL 62656

    $39,900

    • 2 Beds
    • 1 Bath
    • 1,356 Sq Ft
    • 426 N Hamilton St
    • Lincoln, IL

    Lots of potential in this 2 to 3 bedroom home in residential neighborhood. Large front porch - fenced yard. Interior has nice woodwork, hardwood floors, ceramic tile and sold surface counter tops in the kitchen. Property was acquired in a foreclosure sale and owner is selling 'as-is'. Cleaning out the property would be the responsibility of the buyer. Lots of personal possessions were left

    Becky Werth Werth & Assoc, REALTORS

    Section Image
  • 403 Wyatt Ave, Lincoln, IL 62656

    $39,900

    • 3 Beds
    • 2 Baths
    • 1,583 Sq Ft
    • 403 Wyatt Ave
    • Lincoln, IL

    Situated on a corner lot, this once striking two story home has LOADS of potential. Currently duplexed, this dwelling could easily be converted into a spacious single-family home with some love and care. Main floor currently boasts living and family room areas, kitchen with adjacent laundry facilities as well as pantry area, two bedrooms -- one with pocket doors -- the other with hardwood

    Seth Goodman ME Realty

    Section Image
  • 412 Broadway St, Lincoln, IL 62656

    $60,000

    • 1 Bed
    • 1 Bath
    • 1,200 Sq Ft
    • 412 Broadway St
    • Lincoln, IL

    Check out this hidden gem! Looking for character, convenience, and endless potential? Look no further! This unique 1-bedroom studio-style apartment is packed with potential. From soaring ceilings and a cozy gas fireplace in the main living area to a sprawling bedroom with a walk-in closet, this place has it all! The spacious kitchen offers plenty of cabinets, while the sizable bathroom includes

    Ty Tucker ME Realty

    Section Image
  • 327 S Sangamon St, Lincoln, IL 62656

    $45,000

    • 2 Beds
    • 1 Bath
    • 1,112 Sq Ft
    • 327 S Sangamon St
    • Lincoln, IL

    Much to offer here! Bungalow style home offers ample space and potential -- oh, and did I mention a massive rear garage structure as well?! Interior is host to a front facing large living room with great floor space as well as a fireplace, gracious formal dining room with hardwood flooring in addition to a charming built-in, equipped kitchen with an adjacent walk-in pantry, adjacent laundry

    Seth Goodman ME Realty

    Section Image
  • 919 N Logan St, Lincoln, IL 62656

    $47,900

    • 2 Beds
    • 1.5 Baths
    • 1,360 Sq Ft
    • 919 N Logan St
    • Lincoln, IL

    Great investment property or make it your own. A work in progress. Two bedroom, 1.5 bathrooms. Living room, dining room, kitchen with pantry. Your creativity can make this a good income property or you can make your own dream home. come see the possibilities. SOLD AS-IS. Call with 24 hr. notice to show.

    James Brown eXp Realty

    Section Image
  • 333 S Elm St, Lincoln, IL 62656

    $40,000

    • 2 Beds
    • 1.5 Baths
    • 1,042 Sq Ft
    • 333 S Elm St
    • Lincoln, IL

    This 2 bedroom, 1.5 bath has great potential! Newer laminate flooring throughout. Wood beamed ceilings add extra charm in the Living room & large formal dining area. 2 bedrooms have large open adjoining closet. Some updated vinyl replacement windows. Spacious kitchen with room for a center island, enclosed backporch has a laundry/mud room on back of the home with exterior entry from oversized

    Pat White Johnson Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed $123,000 None Available
Warranty Deed $100,000 Ptax
Warranty Deed $50,000 Ptax
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,150 No Value Available
Open $119,310 New Conventional
Previous Owner $79,350 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $123,000 +3.4% $122 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $119,000 +138.0% $118 / Sq Ft
03/03/2023 03/03/23 Sold $50,000 -7.4% $50 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/27/2023 01/27/23 Price Changed $54,000 -6.9% $54 / Sq Ft
12/23/2022 12/23/22 For Sale $58,000 -- $58 / 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 $2,010 $21,920 $5,670 $16,250
2023 $787 $20,300 $5,250 $15,050
2022 $40 $18,980 $4,910 $14,070
2021 $41 $18,220 $4,710 $13,510
2020 $41 $17,950 $4,640 $13,310
2019 $783 $17,600 $4,550 $13,050
2018 $41 $17,250 $4,460 $12,790
2017 $41 $17,250 $4,460 $12,790
2016 $40 $17,240 $4,460 $12,780
2015 $143 $17,750 $4,550 $13,200
2014 $143 $17,750 $4,550 $13,200
2013 $143 $16,850 $4,320 $12,530
2012 $143 $17,160 $4,400 $12,760
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1019761

RMLS Alliance

APN: 08-271-001-00