$230,000
SOLD FEB 12, 2025

295 Southgate St Lincoln, IL 62656

4 Beds
2.5 Baths
1,929 Sq Ft
1961 Built

Recently Sold

$119 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Fenced Yard
  • <<bathWSpaHydroMassageTubToken>>
  • Corner Lot
  • Porch

About This Home

As of February 2025

Constructed with excellence! Situated on a fenced 115X120 corner lot within Mayfair Subdivision just steps from a public park, you will find this generous 4 bedroom, 2.5 bath brick/vinyl sided ranch style home. Main floor of home features a large living room with a great rear facing bay window, gorgeous fully equipped kitchen/dining concept with solid surface countertops, adjacent laundry/mudroom area, and an exterior access point, hall half bath, four bedrooms -- all with gorgeous hardwood flooring, and a full hall bath with a whirlpool tub. The primary suite features an additional private updated full adjacent bath with a tiled walk-in shower as well as a walk-in closet. The full basement offers endless possibilities and features a mechanical area, fireplace, and great storage/work space. Property also features a 24X26 2+ car attached garage with rear entry, covered front porch, fenced backyard encompassed by white vinyl fencing with a concrete patio and a large storage shed, vinyl replacement windows, newer architectural roof (2016), updated furnace and central air conditioning unit (central air unit replaced in 2024), quality six panel interior doors, whole house attic fan, updated 200 AMP electrical panel -- the list goes on! Choice property within an established neighborhood!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 12/19/2024

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 12/19/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,733

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 115x120
  • Fenced Yard
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,929 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Replacement Windows
  • Blinds
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • <<bathWSpaHydroMassageTubToken>>

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Mayfair Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-406-005-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,733

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1961
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 119.23
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
  • Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Fireplaces: 1
  • Interior Amenities: Blinds, Ceiling Fan(s), Jetted Tub
  • Living Area: 1929
  • TotalBasementSqFt: 1929
  • KitchenDining: Dining Informal,Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Fenced Yard, Patio, Porch, Replacement Windows, Shed(s)
  • Foundation Details: Block, Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 115X120
  • Parcel #: 08-406-005-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5245.72
  • TaxExemptions: Disability,Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Feb 12, 2025
Sold by
Ananias Jaide M and Jensen Timothy
Bought by
Harbour Christopher M and Harbour Monica D
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Views
27
Current Estimated Value
$218,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,527
Avg. Annual Appreciation
17.55%
Original Mortgage
$234,945
Outstanding Balance
$234,539
Interest Rate
6.75%
Mortgage Type
VA
Estimated Equity
$12,416

Purchase Details

Closed on
Aug 17, 2021
Sold by
Jensen Jaide M
Bought by
Jensen Jaide M and Jensen Timothy

Purchase Details

Closed on
Aug 16, 2021
Sold by
Jensen Jaide M
Bought by
Jensen Jaide M and Jensen Timothy

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 14, 2020
Sold by
Thomas Jon G and Dexter Thomas Shelley
Bought by
Collins Jaide M
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth A. Goodman
ME Realty
List Price
$169,900
Sold Price
$168,000
Premium/Discount to List
-$1,900
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$164,957
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 19, 2012
Closed on
May 11, 2012
Sold by
Sprague Ronald L and Sprague Mary M
Bought by
Thomas Jon G and Dexter-Thomas Shelley L
List Price
$192,500
Sold Price
$192,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.63%
Original Mortgage
$182,875
Interest Rate
3.89%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $168,000 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $234,945 VA
Previous Owner $8,004 No Value Available
Previous Owner $164,957 FHA
Previous Owner $182,875 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Sold $230,000 +2.2% $119 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
12/19/2024 12/19/24 For Sale $225,000 +33.9% $117 / Sq Ft
08/14/2020 08/14/20 Sold $168,000 -1.1% --
06/17/2020 06/17/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $169,900 -11.7% --
05/11/2012 05/11/12 Sold $192,500 0.0% $79 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $192,500 -- $79 / 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 $5,733 $68,540 $13,540 $55,000
2023 $5,246 $63,470 $12,540 $50,930
2022 $5,064 $59,320 $11,720 $47,600
2021 $4,847 $56,950 $11,250 $45,700
2020 $4,970 $56,100 $11,080 $45,020
2019 $5,497 $61,500 $11,080 $50,420
2018 $5,443 $60,290 $10,860 $49,430
2017 $5,411 $60,290 $10,860 $49,430
2016 $5,271 $60,230 $10,850 $49,380
2015 $3,858 $49,810 $10,690 $39,120
2014 $3,858 $49,810 $10,690 $39,120
2013 $3,858 $47,280 $10,150 $37,130
2012 $3,858 $48,130 $10,330 $37,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1033630

RMLS Alliance

APN: 08-406-005-00