NOT LISTED FOR SALE

202 Welch Dr Lincoln, IL 62656

Estimated Value: $107,000 - $128,000

3 Beds
1 Bath
1,280 Sq Ft
$91/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $80,000 $62 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $736/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Porch
  • Ranch Style House
  • Fenced Yard
  • 2 Car Attached Garage

About This Home

As of June 2023

Move in ready 3 bedroom Vredenburgh vinyl sided ranch style home -- located just steps from Chester-East Lincoln school! Step inside and be welcomed by an incredibly open living, kitchen, dining concept -- living area features ample natural light and great floor space -- updated equipped kitchen boasts sleek dark cabinetry, newer countertops, tiled backsplash, and a great breakfast bar -- rear dining room is host to plenty of room for a large table and chairs, sliding door access point to side driveway, and adjacent laundry facilities. Three efficient bedrooms and a full hall recently renovated bath round out the comfortable interior. Property also features a two car attached garage (new overhead garage door not installed but will remain upon settlement), fenced backyard, stamped concrete front patio, vinyl replacement windows throughout, maintenance free exterior vinyl siding, architectural roof -- the list goes on! In 2015 -- new sewer line from house to street, laminate flooring throughout, interior trim, interior doors, and total kitchen remodel. Looking for a low maintenance move-in ready virtually turn key 3 bedroom vinyl sided ranch home within CEL school district? Look no further than 202 Welch Drive, Lincoln! This one will NOT last at $80,000!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 05/03/2023

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 05/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 60x116
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Replacement Windows
  • Blinds
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Chester-East Lincoln Elementary School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Vredenburg Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 08-391-001-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,235

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1954
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Blinds, Ceiling Fan(s), Vaulted Ceiling(s)
  • Living Area: 1280
  • KitchenDining: Breakfast Bar,Dining Informal

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Fenced Yard, Porch, Replacement Windows
  • Foundation Details: Block, Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Chester-East Lincoln
  • High School: Lincoln

Lot Info

  • Lot Size: 60X116
  • Parcel #: 08-391-001-00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1234.82
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
May 26, 2023
Sold by
Odell Nathan and Hall Melanie
Bought by
Donahue Tyler C
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$80,000
Sold Price
$80,000
Current Estimated Value
$116,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,673
Avg. Annual Appreciation
16.43%
Original Mortgage
$60,000
Outstanding Balance
$58,396
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$58,277

Purchase Details

Listed on
Jul 15, 2019
Closed on
Aug 20, 2019
Sold by
Welch Jessica A
Bought by
Odell Nathan
Seller's Agent
Seth Goodman
ME Realty
List Price
$60,000
Sold Price
$57,675
Premium/Discount to List
-$2,325
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$53,350
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2016
Sold by
Welch Jessica A
Bought by
Welch Jessica A

Purchase Details

Closed on
Nov 21, 2006
Sold by
Welch Douglas Francis
Bought by
Welch Jessica
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Donahue Tyler C $80,000 Ptax
Odell Nathan $58,000 None Available
Welch Jessica A -- --
Welch Jessica $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donahue Tyler C $60,000
Previous Owner Odell Nathan $53,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2023 06/05/23 Sold $80,000 0.0% $63 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $80,000 +38.7% $63 / Sq Ft
08/20/2019 08/20/19 Sold $57,675 -3.9% -- View Prior Sale
07/24/2019 07/24/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $60,000 -- --
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 $1,443 $22,850 $6,560 $16,290
2023 $1,323 $21,150 $6,070 $15,080
2022 $1,235 $19,760 $5,670 $14,090
2021 $1,173 $18,970 $5,440 $13,530
2020 $1,154 $18,690 $5,360 $13,330
2019 $2,044 $28,460 $5,250 $23,210
2018 $2,570 $27,900 $5,150 $22,750
2017 $2,574 $27,900 $5,150 $22,750
2016 $2,557 $27,870 $5,140 $22,730
2015 $2,403 $26,940 $4,970 $21,970
2014 $2,403 $26,940 $4,970 $21,970
2013 $2,403 $25,570 $4,720 $20,850
2012 $2,403 $26,030 $4,800 $21,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1022032

RMLS Alliance

APN: 08-391-001-00