NOT LISTED FOR SALE

321 7th St Lincoln, IL 62656

Estimated Value: $120,000 - $145,918

5 Beds
1 Bath
1,700 Sq Ft
$80/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $125,000 $74 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $911/month

11 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Central Elementary School Rated A-
  • Porch
  • Shed

About This Home

As of September 2024

This FIVE bedroom aluminum sided story and a half bungalow style home offers MUCH more than you would think from an initial drive by! Main floor of home offers a spacious living room with newly installed luxury vinyl plank flooring, a tastefully renovated fully equipped eat-in kitchen with ample space for a large table and chairs, three comfortably sized bedrooms -- two with hardwood flooring -- one with newer luxury vinyl plank flooring, and a full hall bath. Upstairs, you will find two additional bedrooms -- both have been recently remodeled -- and a hall walk-in closet. The large basement is without question usable and hosts a functional toilet, laundry facilities, mechanicals, and great storage/work space. Property also features a covered front porch that overlooks a nice open green space (and a dog park), covered back porch, privacy fenced backyard with a storage shed, two car detached garage with rear alley access in addition to adjacent off-street gravel parking, newer architectural roof on house (2022), NEW water heater (2024), various vinyl replacement windows, and all appliances to remain upon settlement for new owner(s) including washer and dryer. The current owner has drastically improved this property over the past seven years -- all that is left to complete is some interior trim and a few other small interior touches. A great property for the $$! ** Conventional or cash only, please! **

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 07/31/2024

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 07/31/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,129

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 80x153
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Alley Access
  • Gravel Driveway

Home Design

  • Brick Foundation
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Blinds

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Shed
  • Porch

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 12-326-004-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,129

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Architectural Style: One and Half Story
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator, Washer, Dryer
  • Basement: Crawl Space, Partial, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 1700
  • KitchenDining: Eat-In Kitchen

Exterior Features

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

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Alley Access, Gravel

Utilities

  • Heating: Gas, Forced Air, Central Air, Window Unit(s)
  • Water Source: Public, Public Sewer

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 80X153
  • Parcel #: 12-326-004-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2129.1
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Sep 27, 2024
Sold by
Kelly Brooke A
Bought by
Harrison Stacy
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$125,000
Sold Price
$125,000
Views
13
Current Estimated Value
$136,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,480
Avg. Annual Appreciation
7.87%
Original Mortgage
$117,012
Outstanding Balance
$115,668
Interest Rate
5.88%
Mortgage Type
FHA
Estimated Equity
$20,812

Purchase Details

Listed on
May 15, 2017
Closed on
Jul 21, 2017
Sold by
Wilmert Wilbur James
Bought by
Kelly Brooke A
Buyer's Agent
Seth Goodman
ME Realty
List Price
$92,680
Sold Price
$78,000
Premium/Discount to List
-$14,680
-15.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$78,787
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2005
Sold by
Wilmert Wilbur J
Bought by
Wilmert, Wilbur J As Trustee
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
Harrison Stacy $125,000 None Available
Kelly Brooke A $78,000 --
Wilmert, Wilbur J As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Stacy $117,012
Previous Owner Kelly Brooke A $78,787
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $125,000 0.0% $74 / Sq Ft
08/11/2024 08/11/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $125,000 +60.3% $74 / Sq Ft
07/28/2017 07/28/17 Sold $78,000 -15.8% $38 / Sq Ft View Prior Sale
06/13/2017 06/13/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $92,680 -- $45 / 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 $2,274 $31,140 $10,080 $21,060
2023 $2,129 $28,830 $9,330 $19,500
2022 $2,031 $26,880 $8,700 $18,180
2021 $1,940 $25,880 $8,380 $17,500
2020 $1,944 $25,880 $8,380 $17,500
2019 $1,892 $25,380 $8,220 $17,160
2018 $1,819 $24,400 $7,900 $16,500
2017 $1,810 $24,400 $7,900 $16,500
2016 $3,020 $31,480 $7,900 $23,580
2015 $1,858 $30,540 $7,620 $22,920
2014 $1,858 $30,540 $7,620 $22,920
2013 $1,858 $28,180 $7,030 $21,150
2012 $1,858 $28,590 $7,130 $21,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1030863

RMLS Alliance

APN: 12-326-004-00