NOT LISTED FOR SALE

250 Southgate St Lincoln, IL 62656

Estimated Value: $185,000 - $223,683

4 Beds
2 Baths
2,368 Sq Ft
$84/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $176,500 $75 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,361/month

368 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Shed
  • Ranch Style House
  • Patio
  • Ceiling Fan

About This Home

As of April 2022

Picture perfect 4 bedroom, 2 full bath vinyl sided Mayfair ranch home! The main floor welcomes you home with its open living/dining/kitchen concept. Living area boasts a center woodburning fireplace with adjacent built-ins as well as hardwood flooring -- the kitchen comes fully equipped with newer vinyl flooring. Three bedrooms -- all with hardwood flooring -- and a beautiful newer (2020) full hall bath with a double vanity as well as adjacent laundry facilities round out the main floor. The mostly finished basement (partially waterproofed by Helitech) boasts a 13X42 family room with an adjacent 12X24 den, fourth bedroom with an egress window, newer full bath, mechanicals, and great storage/work space. Property also features a two car attached garage, expansive fenced backyard with a rear patio host to an overhead pergola in addition to an adjacent deck as well as a storage shed, replacement windows, architectural roof -- the list goes on! Super sharp and loaded with features!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 12/19/2021

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 12/19/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,144

Year Built

  • Built in 1958

Lot Details

  • Fenced Yard

Parking

  • Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Ceiling Fan
  • Replacement Windows
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Deck
  • Patio
  • Shed

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,144

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: 8-3438 lot 19 block 4 Mayfair Addn.
  • Lvt Date: 12/20/2021
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave Oven, Refrigerator, Range/Oven
  • Fireplace: Electric, Living Room
  • Interior Amenities: Blinds, Ceiling Fan
  • Number Fireplaces: 1
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 13x14, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Block, Concrete, Egress Window, Full, Partially Finished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11x12, On Level: Main, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 12x11, On Level: Main, Flooring: Hardwood
  • Bedroom 3 Egress Window: Yes
  • Bedroom 4: Dimensions: 11x10, On Level: Lower, Flooring: Carpet
  • Bedroom 4 Egress Window: Yes
  • Den: Dimensions: 12x24, On Level: Lower, Flooring: Carpet
  • Family Room: Dimensions: 13x42, On Level: Lower, Flooring: Carpet
  • Informal Dining Room: Dimensions: 12x10, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 17x11, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining Informal
  • Laundry: On Level: Main
  • Living Room: Dimensions: 14x22, On Level: Main, Flooring: Hardwood
  • Basement Finished Sq Ft: 1100
  • Total Basement Sq Ft: 1268
  • Price Per Sq Ft: 139.2
  • Finished Sq Ft: 2368
  • Total Sq Ft: 1268
  • Finished Main Level Sq Ft: 1268

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Deck, Fenced Yard, Patio, Replacement Windows, Shed
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Estimated Lot Size: 90X120
  • Lot Description: Level
  • Subdivision: Mayfair
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 3143.84
  • Parcel Id Number Tax Id: 08-404-019-00
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

MLS Schools

  • High School School District: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2024
Sold by
Laubenstein Anna E
Bought by
Laubenstein Anna E and Schmidt Gary R
Current Estimated Value
$199,671

Purchase Details

Listed on
Dec 19, 2021
Closed on
May 16, 2022
Sold by
Schmidt Gary and Schmidt Wilma Kathryn
Bought by
Laubenstein Anna E
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$179,900
Sold Price
$176,500
Premium/Discount to List
-$3,400
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$141,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2021
Closed on
Apr 29, 2022
Sold by
Glenn Jason M and Glenn Erin J
Bought by
Schmidt Gary and Schmidt Wilma Kathryn
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$179,900
Sold Price
$176,500
Premium/Discount to List
-$3,400
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2015
Sold by
Lincoln Community High School
Bought by
Glenn Jason M and Glenn Erin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,512
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2014
Closed on
Aug 20, 2014
Sold by
Jp Morgan Chase Bank
Bought by
Lincoiln Community High School
Seller's Agent
Diane Schriber
ME Realty
Buyer's Agent
Diane Schriber
ME Realty
List Price
$78,000
Sold Price
$78,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
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
Laubenstein Anna E -- None Available
Laubenstein Anna E -- None Available
Schmidt Gary $176,500 None Available
Glenn Jason M $115,500 --
Lincoiln Community High School $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Gary $141,200
Previous Owner Glenn Jason M $103,512
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $176,500 -1.9% $75 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $179,900 +130.6% $76 / Sq Ft
08/26/2014 08/26/14 Sold $78,000 0.0% -- View Prior Sale
08/01/2014 08/01/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $78,000 -- --
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 $3,672 $46,050 $10,510 $35,540
2023 $3,465 $42,640 $9,730 $32,910
2022 $3,340 $39,850 $9,090 $30,760
2021 $3,194 $38,260 $8,730 $29,530
2020 $3,144 $37,690 $8,600 $29,090
2019 $3,066 $36,950 $8,430 $28,520
2018 $3,030 $36,220 $8,260 $27,960
2017 $3,012 $36,220 $8,260 $27,960
2016 $2,933 $36,180 $8,250 $27,930
2015 $3,158 $0 $0 $0
2014 $3,158 $38,510 $8,400 $30,110
2013 $3,158 $36,550 $7,970 $28,580
2012 $3,158 $37,210 $8,110 $29,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1011719

RMLS Alliance

APN: 08-404-019-00