NOT LISTED FOR SALE

2340 Railsplitter Ave Lincoln, IL 62656

Estimated Value: $124,000 - $142,000

2 Beds
2.5 Baths
1,836 Sq Ft
$175/mo HOA Fee

Last Sold August 19, 2024

Last sale price $125,000 $68 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,164/month

3 Days on Market

Highlights

  • Lake View
  • Pond
  • 1 Car Attached Garage
  • Deck
  • Porch
  • Eat-In Kitchen

About This Home

As of August 2024

Tastefully decorated virtually no maintenance 2 bedroom, 2.5 bath all electric vinyl sided condo with a great view of the water within Chester-East Lincoln school district just minutes from interstate access! Main floor features a comfortable living room with a woodburning fireplace, fully equipped eat-in kitchen with stainless appliances along with sliding glass doors that lead to a generous patio, in addition to a hall half bath. Upstairs, you will find two incredibly nice sized bedrooms -- rear bedroom features sliding glass doors that lead to an awesome upper level covered deck with a fabulous view of the water, access to a roomy walk-in closet, as well as access to a generous full bath that can also be accessed from the hallway area and is host to tile flooring (top of the line walk-in shower new in 2024). Desire more finished square footage? The full finished lower level boasts a cozy family room/den, optional third bedroom/office area, laundry room, full bath, and mechanical room area. New carpeting along with fresh paint in lower level in 2019. Property also features an attached garage, maintenance free vinyl sided exterior, architectural roof, Andersen windows, and an updated Carrier furnace. $175.00/month annual association fees include exterior maintenance, lawn maintenance, snow removal, and garbage. Enjoy luxury low maintenance living with this edge of town Lincoln, Illinois condo -- call today -- 2340 Railsplitter Avenue will not last! SHARP!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 07/07/2024

Last Buyer's Agent

Amy Butler

Werth & Assoc, REALTORS License #475158205

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,953

Year Built

  • Built in 1978

Lot Details

  • 3.09

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,836 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Porch

Schools

  • Chester-East Lincoln Elementary School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Water Softener is Owned

Community Details

  • Association fees include ext/cmn area rpr & maint, building maint, lake rights, lawn care, snow removal, trash
  • Lincolnwood Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 08-480-157-00

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,953

Year Built

Built in 1978

Lot Details

0

HOA Fees

$175 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Attached Condo
  • Year Built: 1978
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener Owned
  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 1836
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Lake View, Pond/Lake, Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Patio, Porch
  • Foundation Details: Concrete, Poured Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Ext/Cmn Area Rpr & Maint, Building Maint, Lake Rights, Lawn Care, Snow Removal, Trash
  • Senior Community: No
  • Association #2 Fee: 175
  • MandatoryMonthlyFee: Yes

Schools

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

Lot Info

  • Lot Size: 0
  • Parcel #: 08-480-157-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2953.48
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2024
Closed on
Aug 19, 2024
Sold by
Cullett John K and Cullett Bridget A
Bought by
Gowin Michael Scott
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Amy Butler
Werth & Assoc, REALTORS
List Price
$125,000
Sold Price
$125,000
Views
3
Current Estimated Value
$137,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,337
Avg. Annual Appreciation
7.63%
Original Mortgage
$100,000
Outstanding Balance
$98,896
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$38,441

Purchase Details

Listed on
Apr 15, 2020
Closed on
Sep 9, 2020
Sold by
Bergman Randall and Bergman Peggy
Bought by
Cullett John K and Cullett Bridget A
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$114,900
Sold Price
$89,900
Premium/Discount to List
-$25,000
-21.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$85,405
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2019
Closed on
Jul 15, 2019
Sold by
Renfro Nelson Lisa L
Bought by
Bergman Randall and Bergman Peggy
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$104,900
Sold Price
$103,500
Premium/Discount to List
-$1,400
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.44%

Purchase Details

Listed on
Oct 15, 2017
Closed on
Dec 11, 2017
Sold by
Hartman Ashley E
Bought by
Renfro Nelson Lisa L
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$104,900
Sold Price
$102,500
Premium/Discount to List
-$2,400
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.61%
Original Mortgage
$97,375
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2015
Closed on
Oct 26, 2015
Sold by
Petty David B and Williams Tina M
Bought by
Hartman Ashley E
Seller's Agent
Marsha Fernandes
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$105,000
Sold Price
$92,500
Premium/Discount to List
-$12,500
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
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
Gowin Michael Scott $125,000 None Available
Cullett John K $90,000 None Available
Bergman Randall $103,500 None Available
Renfro Nelson Lisa L $102,500 --
Hartman Ashley E $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gowin Michael Scott $100,000
Previous Owner Cullett John K $85,405
Previous Owner Renfro Nelson Lisa L $97,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $125,000 0.0% $68 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
07/07/2024 07/07/24 For Sale $125,000 +39.0% $68 / Sq Ft
09/09/2020 09/09/20 Sold $89,900 -21.8% $49 / Sq Ft View Prior Sale
07/27/2020 07/27/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $114,900 +11.0% $63 / Sq Ft
07/15/2019 07/15/19 Sold $103,500 -1.3% -- View Prior Sale
06/12/2019 06/12/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $104,900 +2.3% --
12/11/2017 12/11/17 Sold $102,500 -2.3% -- View Prior Sale
10/25/2017 10/25/17 Pending -- -- --
10/15/2017 10/15/17 For Sale $104,900 +13.4% --
10/26/2015 10/26/15 Sold $92,500 -11.9% $57 / Sq Ft View Prior Sale
08/14/2015 08/14/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $105,000 -- $65 / Sq Ft
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 $3,170 $43,010 $5,180 $37,830
2023 $2,953 $39,830 $4,800 $35,030
2022 $2,803 $37,230 $4,490 $32,740
2021 $2,689 $35,740 $4,310 $31,430
2020 $2,476 $35,220 $4,250 $30,970
2019 $2,414 $34,530 $4,170 $30,360
2018 $2,565 $33,850 $4,090 $29,760
2017 $2,569 $33,850 $4,090 $29,760
2016 $2,552 $33,820 $4,090 $29,730
2015 $2,362 $32,690 $3,950 $28,740
2014 $2,362 $32,690 $3,950 $28,740
2013 $2,362 $31,030 $3,750 $27,280
2012 $2,362 $31,590 $3,820 $27,770
Source: Public Records

Agents Affiliated with this Home

  • Seth Goodman

    Seller's Agent in 2024

    Seth Goodman

    ME Realty

    (217) 737-3742

    952 in this area

    1,880 Total Sales

    Seth Goodman
    Section Image

  • A

    Buyer's Agent in 2024

    Amy Butler

    Werth & Assoc, REALTORS

    43 in this area

    54 Total Sales

    Amy Butler
    Section Image

  • M

    Seller's Agent in 2015

    Marsha Fernandes

    ME Realty

    19 in this area

    20 Total Sales

    Marsha Fernandes
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1030263

RMLS Alliance

APN: 08-480-157-00

Illinois Logan County Lincoln 62656

2340 Railsplitter Ave, Lincoln, IL

Not Listed for Sale

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