NOT LISTED FOR SALE

1503 Tremont St Lincoln, IL 62656

Estimated Value: $61,000 - $89,000

2 Beds
1 Bath
688 Sq Ft
$111/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $58,500 $85 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $520/month

2 Days on Market

Highlights

  • Corner Lot
  • Fenced Yard
  • Porch
  • No HOA
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of May 2023

Situated on an expansive 100X150 fenced corner lot close to historic downtown Lincoln, Illinois, you will find this adorable and efficient two bedroom aluminum sided bungalow style home -- own this well maintained move-in ready gem for less than rent! Home features an open living/kitchen concept -- living room features nice floor space -- kitchen boasts ample space for a table and chairs and range/oven as well as refrigerator to remain, two comfortable bedrooms (access to enclosed back porch can be found in one bedroom), full hall bath, and a great enclosed back porch. Property also features a full basement (exterior access only), 2+ car detached garage with rear alley access and a newer metal roof, updated Goodman furnace -- the list goes on! All appliances to remain with property upon settlement for new owner(s) including washer and dryer. Affordably priced for a quick sale! Property being sold as presented.

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 04/08/2023

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 04/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 100x150
  • Fenced Yard
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Alley Access

Home Design

  • Bungalow
  • Concrete Foundation
  • Poured Concrete
  • Shingle Roof
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 688 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-260-106-50

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,768

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Architectural Style: Bungalow
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 688
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Aluminum Siding
  • Exterior Features: Fenced Yard, Porch
  • Foundation Details: Concrete, Poured Concrete
  • Roof: Metal, Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Alley Access, Detached

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: 100X150
  • Parcel #: 08-260-106-50

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1768.32
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2023
Closed on
May 12, 2023
Sold by
Batley Darrell
Bought by
Snyder John
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$59,900
Sold Price
$58,500
Premium/Discount to List
-$1,400
-2.34%
Views
3
Current Estimated Value
$76,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,601
Avg. Annual Appreciation
10.91%
Original Mortgage
$57,439
Outstanding Balance
$56,199
Interest Rate
7.75%
Mortgage Type
FHA
Estimated Equity
$19,902

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 26, 2021
Sold by
2At Holdings Llc
Bought by
Batley Darrell
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$55,000
Sold Price
$52,500
Premium/Discount to List
-$2,500
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jan 27, 2016
Sold by
Cecil Carolyn Sue
Bought by
2At Holdings Llc
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
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
Snyder John $58,500 Ptax
Batley Darrell $52,500 None Available
2At Holdings Llc $45,000 --
Cecil Carolyn Sue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snyder John $57,439
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2023 05/15/23 Sold $58,500 -2.3% $85 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $59,900 +14.1% $87 / Sq Ft
11/01/2021 11/01/21 Sold $52,500 -4.5% $85 / Sq Ft View Prior Sale
09/22/2021 09/22/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $55,000 +22.2% $89 / Sq Ft
02/04/2016 02/04/16 Sold $45,000 -9.8% -- View Prior Sale
12/31/2015 12/31/15 Pending -- -- --
11/16/2015 11/16/15 For Sale $49,900 -- --
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 $1,420 $21,490 $9,050 $12,440
2023 $1,882 $19,900 $8,380 $11,520
2022 $1,243 $18,600 $7,830 $10,770
2021 $1,768 $17,860 $7,520 $10,340
2020 $1,746 $17,600 $7,410 $10,190
2019 $1,709 $17,250 $7,260 $9,990
2018 $1,695 $16,910 $7,120 $9,790
2017 $1,685 $16,910 $7,120 $9,790
2016 $1,642 $16,890 $7,110 $9,780
2015 $413 $16,830 $7,240 $9,590
2014 $413 $16,830 $7,240 $9,590
2013 $413 $15,970 $6,870 $9,100
2012 $413 $16,250 $6,990 $9,260
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

    1,881 Total Sales

    Seth Goodman
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Map

Source: RMLS Alliance

MLS Number: CA1021477

RMLS Alliance

APN: 08-260-106-50

Illinois Logan County Lincoln 62656

1503 Tremont St, Lincoln, IL

Not Listed for Sale

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