NOT LISTED FOR SALE

313 7th St Unit 313 1/2 7th Street Lincoln, IL 62656

Estimated Value: $85,000 - $138,000

4 Beds
-- Bath
1,882 Sq Ft
$55/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $50,000 $27 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $694/month

335 Days on Market

About This Home

As of July 2019

Priced to sell is this stately 1882 constructed duplex! Main floor unit (313) features an open living/dining concept with hardwood flooring, generous kitchen, two bedrooms, full bath, and enclosed front as well as side porch areas. Current tenants pay $465.00/month along with gas/electric. Upper level unit (313 1/2) features a separate exterior access point and boasts a living room area, two bedrooms, equipped eat-in kitchen, and a full hall bath. Upper level unit was previously rented for $375.00/month. Property also features a large basement (accessed from enclosed side porch) with washer and dryer hook-ups (two washing machines/two dryers to remain), covered front porch, some vinyl replacement windows, newer architectural roof (2005), and a rear storage shed. Both units feature separate updated breaker boxes as well as gas forced air furnaces/central air conditioning units. Live in one unit and let the other contribute toward the mortgage -- or use the entire property as an income p

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 07/01/2018

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 07/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,287

Year Built

  • Built in 1882

Lot Details

  • 6,098

Unfinished Basement

  • Partial Basement

Schools

  • Illini Central Elementary School
  • Lincoln High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,287

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Duplex/Side by Side
  • Lvt Date: 07/03/2018
  • Year Built: 1882
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished
  • Price Per Sq Ft: 26.57
  • Total Sq Ft: 1882

Exterior Features

  • Roofing: Shingles

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • Elementary School: Illini Central
  • High School: Lincoln

Lot Info

  • Estimated Lot Size: 40X153
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2286.92
  • Parcel Id Number Tax Id: 12-326-003-00
  • Tax Year: 2018

Multi Family

  • Total Number Units: 2

MLS Schools

  • Middle School: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2020
Sold by
Shuff J Anthony J and Shuff Pamela Lee
Bought by
Lincoln Real Llc
Current Estimated Value
$102,667

Purchase Details

Listed on
Jul 1, 2018
Closed on
Jul 17, 2019
Sold by
Wilmert Trt
Bought by
Shuff J Anthony and Shuff Pamela Lee
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%
Original Mortgage
$37,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2018
Sold by
Wilmert David G
Bought by
Wilmert Trust

Purchase Details

Closed on
Jul 9, 2003
Bought by
Wilmert David G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lincoln Real Llc -- None Available
Shuff J Anthony $50,000 None Available
Wilmert Trust -- None Available
Wilmert David G $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shuff J Anthony $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2019 07/17/19 Sold $50,000 -16.5% $27 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
07/01/2018 07/01/18 For Sale $59,900 -- $32 / 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 $1,819 $20,110 $4,980 $15,130
2023 $1,736 $18,620 $4,610 $14,010
2022 $1,688 $17,360 $4,300 $13,060
2021 $1,631 $16,710 $4,140 $12,570
2020 $2,399 $24,540 $4,140 $20,400
2019 $2,349 $24,060 $4,060 $20,000
2018 $2,287 $23,130 $3,900 $19,230
2017 $2,275 $23,130 $3,900 $19,230
2016 $2,246 $23,410 $3,950 $19,460
2015 $2,138 $22,840 $3,810 $19,030
2014 $2,138 $22,840 $3,810 $19,030
2013 $2,138 $21,080 $3,520 $17,560
2012 $2,138 $21,390 $3,570 $17,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA20180346

RMLS Alliance

APN: 12-326-003-00