NOT LISTED FOR SALE

230 E Lincoln Hwy Waterman, IL 60556

Estimated Value: $176,000 - $257,000

4 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold January 02, 2014

Last sale price $75,000

Est. 205% increase in value since last sale

Current estimated payment $1,544/month

187 Days on Market

About This Home

As of January 2014

Bank owned cape cod home with 4 bedrooms, 2 baths in need of TLC. 2 car detached garage. Loads of parking. This property is zoned C-2 commercial. New owner would have to change zoning with the Village of Waterman for it to be a single family home.

Last Agent to Sell the Property

Linda Swenson

Century 21 Circle License #475128581 Listed on: 05/09/2013

Century 21 Circle

Last Buyer's Agent

Linda Swenson

Century 21 Circle License #475128581 Listed on: 05/09/2013

Century 21 Circle

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,137

Lot Details

  • 0.26

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Asphalt Rolled Roof
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Utilities

  • No Cooling

Property Details

Home Type

Other

Est. Annual Taxes

$4,137

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 7
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Equipment: Water-Softener Owned, Sump Pump
  • Fireplaces: 1
  • Basement: Full
  • Basement: Unfinished
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 11X10
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 15X10
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 10X11
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 10X11
  • Fourth Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 23X12
  • Living Room Flooring: Carpet
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 14X12
  • Dining Room Flooring: Carpet
  • Kitchen Type: Galley
  • Kitchen Level: Main Level
  • Kitchen Size: 11X14
  • Kitchen Flooring: Vinyl

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Roof Type: Asphalt/Glass (Rolled)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Driveway: Asphalt

Utilities

  • Air Conditioner: None
  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 425

Lot Info

  • Lot Dimensions: 13.11X20.45X29X213X208X70X

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2013
Closed on
Dec 18, 2013
Sold by
Waterman State Bank
Bought by
Sorbel Eric L and Sorbel Karrie A
Seller's Agent
Linda Swenson
Century 21 Circle
Buyer's Agent
Linda Swenson
Century 21 Circle
List Price
$94,500
Sold Price
$75,000
Premium/Discount to List
-$19,500
-20.63%
Current Estimated Value
$229,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,061
Avg. Annual Appreciation
9.91%
Original Mortgage
$50,875
Outstanding Balance
$37,325
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$191,736

Purchase Details

Listed on
May 9, 2013
Closed on
Nov 5, 2013
Sold by
Zekoff Samantha L
Bought by
Waterman State Bank
Seller's Agent
Linda Swenson
Century 21 Circle
Buyer's Agent
Linda Swenson
Century 21 Circle
List Price
$94,500
Sold Price
$75,000
Premium/Discount to List
-$19,500
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,875
Outstanding Balance
$37,325
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$191,736

Purchase Details

Closed on
Jul 6, 2006
Sold by
Lieving Donald J
Bought by
Leiving Trust
Source: Public Records

Range of Values:

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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
Sorbel Eric L $75,000 --
Waterman State Bank -- --
Zekoff Samantha L -- --
Leiving Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorbel Eric L $50,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2014 01/02/14 Sold $75,000 -20.6% --
11/12/2013 11/12/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $94,500 0.0% --
06/28/2013 06/28/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $94,500 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,137 $62,604 $17,798 $44,806
2023 $4,137 $56,949 $16,190 $40,759
2022 $3,960 $54,196 $15,407 $38,789
2021 $3,943 $51,808 $14,728 $37,080
2020 $3,849 $49,662 $14,118 $35,544
2019 $3,721 $47,798 $13,588 $34,210
2018 $3,602 $45,801 $13,020 $32,781
2017 $3,517 $44,039 $12,519 $31,520
2016 $3,395 $42,297 $12,024 $30,273
2015 -- $39,902 $11,343 $28,559
2014 -- $39,554 $11,244 $28,310
2013 -- $40,705 $11,571 $29,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08339746

Midwest Real Estate Data (MRED)

APN: 14-15-154-028