NOT LISTED FOR SALE

2348 Railsplitter Ave Lincoln, IL 62656

Estimated Value: $137,000 - $190,000

3 Beds
1.5 Baths
2,348 Sq Ft
$200/mo HOA Fee

Last Sold June 12, 2023

Last sale price $130,000 $55 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,348/month

1 Day on Market

Highlights

  • Lake View
  • Deck
  • Porch
  • Waterfront
  • Pond
  • 1 Car Attached Garage

About This Home

As of June 2023

Awesome 3 bedroom, 1.5 bath two story vinyl sided edge of town condo situated on the water! The main floor features a comfortable living room with laminate flooring, an open staircase to the upper level, corner woodburning fireplace, along with an adjacent half bath -- not to mention the lovely eat-in fully equipped kitchen (appliances upgraded in 2017) that boasts fabulous views of the water in addition to sliding glass doors that lead to a wonderful composite deck overlooking the water! Upstairs, you will find three wonderfully large bedrooms -- one bedroom features impressive overhead wood beams -- master bedroom features sliding glass doors that lead to a second story covered porch overlooking the water, an adjacent extra large walk-in closet, as well as a direct access point to the updated full hall bath (also accessible from main upper level hallway). Desire even more finished space? The finished basement boasts a spacious family room/den host to a wet bar as well as adjacent laundry/mechanical areas. Property also features a deep attached garage, Anderson windows throughout, vinyl sided exterior (vinyl siding installed in 2015 -- 20 year transferable warranty), architectural roof, central vacuum system, and a superb rear composite deck. $200.00/month association dues -- covers exterior maintenance, garbage, lawn maintenance, pest control, and snow removal. CEL school district; fully equipped. Life is better on the water -- experience it for yourself here!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 05/07/2023

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 05/07/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1978

Lot Details

  • 3.09

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,348 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • 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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Deck
  • Porch

Schools

  • Chester-East Lincoln Elementary School
  • Lincoln High School

Additional Features

  • Waterfront
  • Forced Air Heating System

Community Details

  • Lincolnwood Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 08-480-155-00

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,064

Year Built

Built in 1978

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Attached Condo
  • Year Built: 1978
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Blinds, Ceiling Fan(s), Central Vacuum, Wet Bar
  • Living Area: 2348
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Lake View, Pond/Lake, Water Frontage
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, 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

  • Association #2 Fee: 200
  • MandatoryMonthlyFee: Yes
  • MandatoryAnnualFee: No

Schools

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

Lot Info

  • Lot Size: 0
  • Parcel #: 08-480-155-00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3063.7
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
Jun 12, 2023
Sold by
Carter Karen M
Bought by
Croasdale Amy N
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$130,000
Sold Price
$130,000
Views
9
Current Estimated Value
$163,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,327
Avg. Annual Appreciation
9.68%

Purchase Details

Listed on
Nov 2, 2017
Closed on
Dec 11, 2020
Sold by
Fourfold Llc
Bought by
Carter Karen M
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$129,900
Sold Price
$91,600
Premium/Discount to List
-$38,300
-29.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.03%
Original Mortgage
$87,020
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jun 19, 2017
Sold by
Woger James S
Bought by
Fourfold Llc
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.33%

Purchase Details

Listed on
Jul 27, 2011
Closed on
May 30, 2012
Sold by
Malone Jeanne Lyn
Bought by
Woger James S
Seller's Agent
Glenda Allison
IN BETWEEN OFFICES
Buyer's Agent
Glenda Allison
IN BETWEEN OFFICES
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Original Mortgage
$90,000
Interest Rate
3.87%
Mortgage Type
Stand Alone First
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
Croasdale Amy N $130,000 None Available
Carter Karen M $92,000 None Available
Fourfold Llc $115,000 --
Woger James S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Karen M $87,020
Previous Owner Woger James S $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2023 06/12/23 Sold $130,000 0.0% $55 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $130,000 +41.9% $55 / Sq Ft
12/11/2020 12/11/20 Sold $91,600 -29.5% -- View Prior Sale
10/15/2020 10/15/20 Pending -- -- --
11/02/2017 11/02/17 For Sale $129,900 +13.0% --
06/19/2017 06/19/17 Sold $115,000 -4.1% -- View Prior Sale
06/12/2017 06/12/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $119,900 +19.9% --
05/30/2012 05/30/12 Sold $100,000 -16.7% $57 / Sq Ft View Prior Sale
04/03/2012 04/03/12 Pending -- -- --
07/27/2011 07/27/11 For Sale $120,000 -- $68 / 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 $3,460 $46,390 $6,430 $39,960
2023 $3,226 $42,950 $5,950 $37,000
2022 $3,064 $40,140 $5,560 $34,580
2021 $2,942 $38,540 $5,340 $33,200
2020 $3,454 $37,970 $5,260 $32,710
2019 $3,388 $37,230 $5,160 $32,070
2018 $3,362 $36,500 $5,060 $31,440
2017 $2,814 $36,500 $5,060 $31,440
2016 $2,794 $36,460 $5,050 $31,410
2015 $2,844 $38,100 $4,880 $33,220
2014 $2,844 $38,100 $4,880 $33,220
2013 $2,844 $36,160 $4,630 $31,530
2012 $2,844 $36,810 $4,710 $32,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1022062

RMLS Alliance

APN: 08-480-155-00