Seller's Agent in 2023
Seth Goodman
ME Realty
(217) 737-3742
952 in this area
1,881 Total Sales
201 College Ave Lincoln, IL 62656
Estimated Value: $241,000 - $267,000
--
Bed
--
Bath
3,692
Sq Ft
$68/Sq Ft
Est. Value
Highlights
- Corner Lot
- 4 Car Attached Garage
- 2-minute walk to All Veterens Park
- Central Elementary School Rated A-
- Forced Air Heating System
About This Home
As of February 2023A truly regal prominent mostly brick two story corner lot colonial style fourplex situated in the heart of historic Lincoln, Illinois just steps from the historic downtown district! Two main floor units -- two upper level units -- each unit consists of an open living/dining concept with a front facing bay window, equipped efficient kitchen, two bedrooms, and a full hall bath. Main floor units have separate front facing exterior entry points and attached garages. Upper level units are entered through a front facing access point which leads to a foyer/staircase -- each upper level also has a garage stall which is attached, but is accessed from exterior of structure only. 201 also features a great private side facing patio. Newer architectural roof on main structure. Current owner pays for sewer and garbage -- each tenant pays for gas/electric and water. Shared laundry accessed via rear stairwell. Investors -- take note and ACT QUICK!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,585
Year Built
- Built in 1966
Lot Details
- Lot Dimensions are 80x150
- Corner Lot
- Level Lot
Parking
- 4 Car Attached Garage
Home Design
- 3,692 Sq Ft Home
- Brick Exterior Construction
- Shingle Roof
- Aluminum Siding
Schools
- Lincoln High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for water
- Assessor Parcel Number 08-220-116-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2023
Closed on
Feb 21, 2023
Sold by
Aper Property Management Lllp
Bought by
K & C Property Mgt Llc
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,152
Avg. Annual Appreciation
7.48%
Original Mortgage
$150,000
Outstanding Balance
$145,294
Interest Rate
6.33%
Mortgage Type
Commercial
Estimated Equity
$104,858
Purchase Details
Closed on
Jun 29, 2020
Sold by
Schilling Joyce J
Bought by
Aber Property Mgmt Lllp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 14, 2009
Sold by
Schilling Ronald L and Schilling Joyce J
Bought by
Schilling Ronald L and Schilling Joyce J
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| K & C Property Mgt Llc | $205,000 | Ptax | |
| Aber Property Mgmt Lllp | $145,000 | None Available | |
| Schilling Ronald L | $158,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | K & C Property Mgt Llc | $150,000 | |
| Previous Owner | Aber Property Mgmt Lllp | $116,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/21/2023 02/21/23 | Sold | $205,000 | +2.5% | $56 / Sq Ft |
| 02/02/2023 02/02/23 | Pending | -- | -- | -- |
| 01/30/2023 01/30/23 | For Sale | $200,000 | -- | $54 / Sq Ft |
Source: RMLS Alliance
Tax History Compared to Growth
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 | $6,225 | $67,900 | $9,300 | $58,600 |
| 2023 | $5,946 | $62,870 | $8,610 | $54,260 |
| 2022 | $5,798 | $58,760 | $8,050 | $50,710 |
| 2021 | $5,585 | $56,410 | $7,730 | $48,680 |
| 2020 | $5,514 | $55,580 | $7,620 | $47,960 |
| 2019 | $5,397 | $54,490 | $7,470 | $47,020 |
| 2018 | $5,356 | $53,420 | $7,320 | $46,100 |
| 2017 | $5,324 | $53,420 | $7,320 | $46,100 |
| 2016 | $5,186 | $53,360 | $7,310 | $46,050 |
| 2015 | $5,071 | $51,870 | $7,460 | $44,410 |
| 2014 | $5,071 | $51,870 | $7,460 | $44,410 |
| 2013 | $5,071 | $49,230 | $7,080 | $42,150 |
| 2012 | $5,071 | $50,120 | $7,210 | $42,910 |
Source: Public Records
Agents Affiliated with this Home
-
Seth Goodman
Map
Source: RMLS Alliance
MLS Number: CA1020338
APN: 08-220-116-00
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