NOT LISTED FOR SALE

227 N Logan St Lincoln, IL 62656

Estimated Value: $71,000 - $219,000

6 Beds
4.5 Baths
4,200 Sq Ft
$37/Sq Ft Est. Value

Last Sold November 07, 2017

Last sale price $10,000 $2 Per Sq Ft

Est. 1,460% increase in value since last sale

Current estimated payment $1,040/month

3 Days on Market

Highlights

  • Wooded Lot
  • Hydromassage or Jetted Bathtub
  • Porch
  • Central Elementary School Rated A-
  • Corner Lot
  • 2-minute walk to Railsplitter State Park

About This Home

As of November 2017

ALL VIEWINGS WILL BE 1 HOUR PRIOR TO THE AUCTION. HOME WILL BE SOLD ON 10/23/17 AS IS/WHERE IS CONDITION. TERMS: 20% Down evening of auction, balance due in 30 days or less. Purchaser shall have financing arrangements prior to auction. Home is being offered as is, without warranties either implied or expressed. Large 2 Story 5/6 Bedroom home. The main floor offers a large Foyer with a Walnut staircase leading to the second floor as you enter this spacious home. On the main floor you will also find a living room, sitting room, formal dinning room, eat-in kitchen, main floor 11x18 bedroom with full attached bath and laundry room. The second floor offers 2 Master bedrooms with attached bathrooms. One of the master bedrooms has access to the second floor balcony. This home is a rare historical opportunity that needs updating based on your desires. This home could also become an amazing Bed and Breakfast that is located just steps from Historical Downtown Lincoln, or could easily be converted into a multi family home. This property located at 227 North Logan will sell on 10-23-17 at approximately 4:30 pm. This sale will have no minimum price and will be sold the day of the sale in as is/where is condition.

Last Agent to Sell the Property

Michael Simonson

Werth & Assoc, REALTORS License #475130057 Listed on: 10/20/2017

Last Buyer's Agent

Ted Perry

IN BETWEEN OFFICES License #475121740

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 80x100
  • Corner Lot
  • Wooded Lot

Home Design

  • Brick Foundation
  • Block Foundation
  • Shingle Roof
  • Metal Roof
  • Aluminum Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 4,200 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Porch

Schools

  • Lincoln Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 08-265-001-00

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1890
  • Architectural Style: Other
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: None
  • Basement: Full, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Interior Amenities: Jetted Tub, Ceiling Fan(s)
  • KitchenDining: Dining Formal,Eat-In Kitchen,Other Kitchen/Dining

Exterior Features

  • Lot Features: Corner Lot, Wooded
  • Construction Type: Mfg - Single Wide, Other, Aluminum Siding
  • Exterior Features: Porch
  • Foundation Details: Block, Brick
  • Roof: Shingle, Metal

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: 80x100
  • Parcel #: 08-265-001-00

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1573.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
Nov 3, 2017
Sold by
Walbridge Cecelia
Bought by
Moonlight Investments Llc
Seller's Agent
Michael Simonson
Werth & Assoc, REALTORS
Buyer's Agent
Ted Perry
IN BETWEEN OFFICES
List Price
$29,900
Sold Price
$10,000
Premium/Discount to List
-$19,900
-66.56%
Current Estimated Value
$156,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,012
Avg. Annual Appreciation
40.68%

Purchase Details

Closed on
Jul 29, 2017
Sold by
Sheridan Peter T and Sheridan John
Bought by
Walbridge Cecelia

Purchase Details

Listed on
Oct 30, 2015
Closed on
Sep 23, 2016
Sold by
Lear Araceli
Bought by
Sheridan Gabriel Thomas
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$59,900
Sold Price
$57,000
Premium/Discount to List
-$2,900
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%

Purchase Details

Closed on
Nov 30, 2010
Sold by
Fannie Mae
Bought by
Lear Araceli

Purchase Details

Closed on
Jun 17, 2010
Sold by
Sheriff Of Logan County
Bought by
Federal National Mortgage Association
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
Moonlight Investments Llc $10,000 --
Walbridge Cecelia -- --
Sheridan Gabriel Thomas $57,000 --
Lear Araceli -- --
Federal National Mortgage Association -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2017 11/07/17 Sold $10,000 -66.6% $2 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/20/2017 10/20/17 For Sale $29,900 -47.5% $7 / Sq Ft
09/23/2016 09/23/16 Sold $57,000 -4.8% -- View Prior Sale
06/21/2016 06/21/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $59,900 -- --
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 $2,591 $28,260 $7,990 $20,270
2023 $2,475 $26,170 $7,400 $18,770
2022 $2,414 $24,460 $6,920 $17,540
2021 $2,325 $23,480 $6,640 $16,840
2020 $2,295 $23,130 $6,540 $16,590
2019 $2,245 $22,670 $6,410 $16,260
2018 $2,228 $22,220 $6,280 $15,940
2017 $1,617 $22,220 $6,280 $15,940
2016 $1,574 $22,190 $6,270 $15,920
2015 $2,144 $21,940 $6,060 $15,880
2014 $2,144 $21,940 $6,060 $15,880
2013 $2,144 $20,820 $5,750 $15,070
2012 $2,144 $21,190 $5,850 $15,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA20170586

RMLS Alliance

APN: 08-265-001-00