NOT LISTED FOR SALE

311 N Sherman St Lincoln, IL 62656

Estimated Value: $100,000 - $121,000

2 Beds
1.5 Baths
1,080 Sq Ft
$105/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $95,000 $88 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $797/month

2 Days on Market

Highlights

  • 1 Car Detached Garage
  • Bungalow
  • Ceiling Fan
  • Porch
  • Forced Air Heating System
  • 3-minute walk to Latham Park

About This Home

As of November 2023

You will not believe just how beautiful this super sharp 2 bedroom, 1.5 bath vinyl sided bungalow style home truly is -- situated just steps from historic downtown Lincoln, Illinois along with various other great amenities including local schools. Interior features a fabulous open living/dining/kitchen concept host to tasteful vinyl flooring, granite countertops, upgraded stainless appliances, breakfast bar area, along with an adjacent half bath, two nice sized bedrooms, rear hall laundry facilities, and a beautiful full hall bath. Property also features a partial basement, covered front porch, and a one car detached garage with rear alley access. Recent updates (2018/2019) include exterior vinyl siding, vinyl windows, architectural roof, furnace and central air conditioning unit, updated electrical and plumbing, drywall, interior and exterior doors, interior trim, flooring, total kitchen and baths, fixtures -- this home was gutted down to the studs, redesigned/restructured, and remodeled from top to bottom inside and out with the utmost quality! A totally turn key move in ready property is 311 N. Sherman Street, Lincoln -- call your agent of choice -- this tidy showplace will NOT last! WOW!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 09/20/2023

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 09/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,144

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 40x150
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Alley Access

Home Design

  • Bungalow
  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Blinds
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Porch

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 08-215-052-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,144

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Architectural Style: Bungalow
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Basement: Partial, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 1080
  • KitchenDining: Breakfast Bar,Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch, Replacement Windows
  • Foundation Details: Block, Brick, Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Alley Access, Detached

Utilities

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

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 40X150
  • Parcel #: 08-215-052-00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2144.3
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 6, 2023
Sold by
Osborn Brianna
Bought by
Rich Caitlyn
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$95,000
Sold Price
$95,000
Views
23
Current Estimated Value
$113,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,205
Avg. Annual Appreciation
8.93%
Original Mortgage
$61,750
Outstanding Balance
$60,723
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$52,482

Purchase Details

Listed on
Jan 3, 2019
Closed on
Dec 20, 2019
Sold by
Blome Terry
Bought by
Osborn Brianna
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Amy Butler
Werth & Assoc, REALTORS
List Price
$89,500
Sold Price
$80,000
Premium/Discount to List
-$9,500
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$77,126
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2018
Sold by
Hagerman William C
Bought by
Blome Terry

Purchase Details

Closed on
Jan 25, 2018
Sold by
Paige Darrell R and Paige Lorrie L
Bought by
Hagerman William C
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
Rich Caitlyn $95,000 None Available
Osborn Brianna $80,000 None Available
Blome Terry $15,000 --
Hagerman William C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rich Caitlyn $61,750
Previous Owner Osborn Brianna $77,126
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2023 11/06/23 Sold $95,000 0.0% $88 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $95,000 +18.8% $88 / Sq Ft
12/20/2019 12/20/19 Sold $80,000 -10.6% -- View Prior Sale
11/07/2019 11/07/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $89,500 +1093.3% --
01/13/2015 01/13/15 Sold $7,500 -48.3% -- View Prior Sale
01/01/2015 01/01/15 Pending -- -- --
04/29/2014 04/29/14 For Sale $14,500 -- --
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 $2,387 $32,040 $4,640 $27,400
2023 $2,238 $29,670 $4,300 $25,370
2022 $2,144 $27,730 $4,020 $23,710
2021 $2,042 $26,620 $3,860 $22,760
2020 $2,006 $26,220 $3,800 $22,420
2019 $1,952 $25,710 $3,730 $21,980
2018 $671 $6,690 $3,660 $3,030
2017 $667 $6,690 $3,660 $3,030
2016 $650 $6,690 $3,660 $3,030
2015 $846 $14,860 $3,750 $11,110
2014 $846 $14,860 $3,750 $11,110
2013 $846 $14,110 $3,560 $10,550
2012 $846 $14,360 $3,620 $10,740
Source: Public Records

Agents Affiliated with this Home

  • Seth Goodman

    Seller's Agent in 2023

    Seth Goodman

    ME Realty

    (217) 737-3742

    952 in this area

    1,880 Total Sales

    Seth Goodman
    Section Image

  • A

    Buyer's Agent in 2019

    Amy Butler

    Werth & Assoc, REALTORS

    43 in this area

    54 Total Sales

    Amy Butler
    Section Image
  • Diane Schriber

    Seller's Agent in 2015

    Diane Schriber

    ME Realty

    (217) 737-7770

    65 in this area

    95 Total Sales

    Diane Schriber
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1024889

RMLS Alliance

APN: 08-215-052-00

Illinois Logan County Lincoln 62656

311 N Sherman St, Lincoln, IL

Not Listed for Sale

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