NOT LISTED FOR SALE

313 Willard Ave Lincoln, IL 62656

Estimated Value: $117,000 - $300,000

7 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold October 19, 2020

Last sale price $44,900

Est. 361% increase in value since last sale

Current estimated payment $1,300/month

41 Days on Market

About This Home

As of October 2020

Incredible opportunity for Investors & Savvy Homebuyers! This multi-unit Home with Coach house on the rear of the property has some great potential to be rehabbed and start cash flowing. Sold "As-Is".

Last Agent to Sell the Property

Ursula Foley

Foley Properties Inc License #471018085 Listed on: 08/26/2020

Foley Properties Inc

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,365

Year Built

  • Built in 1902

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x150

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Lincoln High School

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,365

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1902
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Partially Finished,Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • High School: Lincoln High School

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 60X150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 2365.3
  • Tax Year: 2019

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,Coach House

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2023
Sold by
Huston Chase
Bought by
Watson Greg
Current Estimated Value
$206,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$156,205
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$50,793

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 16, 2020
Sold by
Nrz Reo Inventory Ii Llc
Bought by
Huston Chase
Seller's Agent
Ursula Foley
Foley Properties Inc
Buyer's Agent
Non Member
NON MEMBER
List Price
$59,500
Sold Price
$44,900
Premium/Discount to List
-$14,600
-24.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.94%

Purchase Details

Closed on
Jun 25, 2020
Sold by
Us Bank Na
Bought by
Nrz Reo Inventory Ii Llc

Purchase Details

Closed on
Feb 13, 2020
Sold by
Bank Of New York Mellon
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 27, 2019
Sold by
Logan County Sheriff
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
May 1, 2017
Sold by
Squaire Randy
Bought by
Squaire Michelle

Purchase Details

Closed on
Apr 30, 1996
Bought by
Squaire Randy L and Squaire Michelle R
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
Watson Greg $200,000 Ptax
Huston Chase $45,000 Premier Title
Nrz Reo Inventory Ii Llc -- Premier Title
Us Bank Na -- None Available
Bank Of New York Mellon -- None Available
Squaire Michelle -- --
Squaire Randy L $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Greg $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $44,900 -24.5% --
10/06/2020 10/06/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $59,500 -- --
Source: Midwest Real Estate Data (MRED)

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 $7,369 $80,380 $7,120 $73,260
2023 $3,179 $74,420 $6,590 $67,830
2022 $3,179 $32,220 $6,160 $26,060
2021 $3,062 $30,930 $5,910 $25,020
2020 $3,023 $30,470 $5,820 $24,650
2019 $2,960 $29,880 $5,710 $24,170
2018 $2,336 $29,300 $5,600 $23,700
2017 $2,322 $29,300 $5,600 $23,700
2016 $2,262 $29,270 $5,590 $23,680
2015 $2,197 $28,660 $5,570 $23,090
2014 $2,197 $28,660 $5,570 $23,090
2013 $2,197 $27,210 $5,290 $21,920
2012 $2,197 $27,710 $5,390 $22,320
Source: Public Records

Agents Affiliated with this Home

  • Ursula Foley

    Seller's Agent in 2020

    Ursula Foley

    Foley Properties

    (312) 203-0770

    77 Total Sales

    Ursula Foley
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10837585

Midwest Real Estate Data (MRED)

APN: 08-292-021-00

Illinois Logan County Lincoln 62656

313 Willard Ave, Lincoln, IL

Not Listed for Sale

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