$31,000
SOLD AUG 30, 2024

309 7th St Lincoln, IL 62656

3 Beds
1 Bath
1,146 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

24% Above List Price

2 Days on Market

Highlights

  • No HOA
  • Formal Dining Room
  • Bungalow
  • Central Elementary School Rated A-
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of May 2025

This appears to be a solid home that needs some loving care and renovation. The spacious, walk-up attic could be finished for additional square footage. Pocket door on one bedroom. Sweet equity awaits you!

Last Agent to Sell the Property

Mary Jo Welch

RE/MAX Professionals Brokerage Phone: 217-652-1042 License #475124977 Listed on: 08/07/2024

RE/MAX Professionals

Last Buyer's Agent

JULIE DAVIS

The Real Estate Group, Inc. License #471011887

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 35 x 153
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,146 Sq Ft Home
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12-326-002-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,243

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Architectural Style: Bungalow
  • New Construction: No
  • PricePerSqFt: 27.05
  • Attribution Contact: Mobl: 217-652-1042
  • Special Features: None

Interior Features

  • Basement: Cellar, Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1146
  • TotalBasementSqFt: 1146
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Water Source: Public, Public Sewer
  • UtilitiesOnYN: No

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Lincoln

Lot Info

  • Development Status: Completed
  • Lot Size Acres: 0.12
  • Lot Size: 35 x 153
  • Parcel #: 12-326-002-00
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2023
  • TaxExemptions: Homestead/Owner Occupied,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2025
Closed on
May 6, 2025
Sold by
Lucas David and Lucas Erik
Bought by
Magruder Danny L and Magruder Mary A
Seller's Agent
JULIE DAVIS
The Real Estate Group, Inc.
Buyer's Agent
Pamela Schreiner
Werth & Assoc, REALTORS
List Price
$149,900
Sold Price
$143,500
Premium/Discount to List
-$6,400
-4.27%
Views
218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-76.30%
Original Mortgage
$129,150
Outstanding Balance
$129,150
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$23,093

Purchase Details

Listed on
Aug 7, 2024
Closed on
Aug 26, 2024
Sold by
Champaign Investments Llc
Bought by
Lucas David and Lucas Erick
Seller's Agent
Mary Jo Welch
RE/MAX Professionals
Buyer's Agent
JULIE DAVIS
The Real Estate Group, Inc.
List Price
$25,000
Sold Price
$31,000
Premium/Discount to List
$6,000
24%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
852.06%
Original Mortgage
$60,000
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2003
Bought by
Howard Darren D and Brown Diana
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 $143,500 None Available
Warranty Deed $31,000 None Available
Deed $63,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,150 New Conventional
Closed $129,150 New Conventional
Previous Owner $60,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $143,500 -4.3% $118 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
03/23/2025 03/23/25 For Sale $149,900 +383.5% $124 / Sq Ft
08/30/2024 08/30/24 Sold $31,000 +24.0% $27 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $25,000 -- $22 / 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 $1,243 $24,740 $4,350 $20,390
2023 $1,127 $22,910 $4,030 $18,880
2022 $1,008 $21,360 $3,760 $17,600
2021 $934 $20,570 $3,620 $16,950
2020 $936 $20,570 $3,620 $16,950
2019 $895 $20,170 $3,550 $16,620
2018 $830 $19,390 $3,410 $15,980
2017 $825 $19,390 $3,410 $15,980
2016 $827 $19,620 $3,450 $16,170
2015 $594 $18,270 $3,330 $14,940
2014 $594 $18,270 $3,330 $14,940
2013 $594 $16,860 $3,070 $13,790
2012 $594 $17,100 $3,110 $13,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1031003

RMLS Alliance

APN: 12-326-002-00