NOT LISTED FOR SALE

240 Lincoln Ave Lincoln, IL 62656

Estimated Value: $265,000 - $293,085

3 Beds
2 Baths
3,100 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $250,000 $81 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,156/month

96 Days on Market

Highlights

  • Deck
  • Corner Lot
  • 1 Car Attached Garage
  • Central Elementary School Rated A-
  • No HOA
  • Patio

About This Home

As of July 2023

Pride of ownership here!! Situated on corner lot, Brick one and half story home. Main level houses the living room, formal dining room, kitchen and a sun room for your informal eating area. Off the sun room is 12 x 16 Pergola covered deck. Plus you will find a 2 season room off living room, overlooking back yard door onto patio. There are three bedroom on the upper level, with a full split bath, this unique design has a stool and vanity on one side, pocket door leads into the other side with shower and vanity as well. Primary bathroom is spacious with three closets and room for a sitting area. The other two both have hardwood flooring. Upper level has the attic entrance which is floored for additional storage space. If that is not enough, for your family room fun, there is a basement that has beautiful Knotty Pine paneling, tile floor with its own shuffleboard game outlined on the floor. There is the mechanics room which houses boiler, water heater, electrical box with a door leading out to the back yard. There is a full bath in the basement as well. Home has had a new roof in 2022 with some new guttering and leaf guard where needed. A/c new in 2020, new boiler kit in 2019, owned water softener in 2022. Act quick this is a charmer!!!

Last Agent to Sell the Property

Tena Schneider

IN BETWEEN OFFICES License #471002481 Listed on: 02/24/2023

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,303

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 150 x 160
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Storage In Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Lincoln Jr High Middle School
  • Lincoln Comm District #404 High School

Utilities

  • Central Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-240-003-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,303

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Architectural Style: One and Half Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener Owned
  • Basement: Crawl Space, Partial, Partially Finished, Walk Out
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Attic Storage, Blinds, Cable Available, Ceiling Fan(s), Garage Door Opener(s), Window Treatments
  • Living Area: 3100
  • KitchenDining: Dining Formal,Dining Informal

Exterior Features

  • Lot Features: Corner Lot, Level, Sloped
  • Road Surface Type: Paved
  • Construction Type: Frame, Brick, Vinyl Siding
  • Exterior Features: Deck, Patio, Shed(s)
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Attached, On Street, Paved

Utilities

  • Heating: Gas, Hot Water, Gas Water Heater, Central Air
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Lincoln Elementary School District #27
  • High School: Lincoln Comm District #404
  • Middle Or Junior School: Lincoln Jr High

Lot Info

  • Lot Size: 150 x 160
  • Parcel #: 08-240-003-00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5302.96
  • TaxExemptions: Homestead/Owner Occupied,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Jul 14, 2023
Sold by
Newhouse Norman L and Newhouse Virginia L
Bought by
Dowd Keith and Dowd Stacey L
Seller's Agent
Tena Schneider
IN BETWEEN OFFICES
Buyer's Agent
Seth Goodman
ME Realty
List Price
$282,900
Sold Price
$250,000
Premium/Discount to List
-$32,900
-11.63%
Views
291
Current Estimated Value
$284,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,021
Avg. Annual Appreciation
5.53%
Original Mortgage
$250,000
Outstanding Balance
$243,992
Interest Rate
6.75%
Mortgage Type
VA
Estimated Equity
$40,029

Purchase Details

Closed on
Mar 15, 1994
Sold by
Newhouse Norman L and Newhouse Virginia L
Bought by
Newhouse Norman L and Newhouse Virginia L
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
Dowd Keith $250,000 Ptax
Newhouse Norman L $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowd Keith $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $250,000 -7.4% $81 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
03/14/2023 03/14/23 Price Changed $269,900 -4.6% $87 / Sq Ft
02/24/2023 02/24/23 For Sale $282,900 -- $91 / 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 $7,886 $94,520 $19,900 $74,620
2023 $7,138 $87,520 $18,430 $69,090
2022 $5,551 $67,250 $17,220 $50,030
2021 $5,303 $64,560 $16,530 $48,030
2020 $5,219 $63,610 $16,290 $47,320
2019 $5,087 $62,360 $15,970 $46,390
2018 $5,027 $61,140 $15,660 $45,480
2017 $4,997 $61,140 $15,660 $45,480
2016 $4,866 $61,070 $15,640 $45,430
2015 $4,846 $59,910 $15,840 $44,070
2014 $4,846 $59,910 $15,840 $44,070
2013 $4,846 $56,870 $15,040 $41,830
2012 $4,846 $57,890 $15,310 $42,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1020667

RMLS Alliance

APN: 08-240-003-00