NOT LISTED FOR SALE

400 Southgate St Lincoln, IL 62656

Estimated Value: $236,000 - $255,894

3 Beds
2 Baths
2,208 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $195,000 $88 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,648/month

20 Days on Market

Highlights

  • Deck
  • Hydromassage or Jetted Bathtub
  • Water Softener is Owned
  • Ranch Style House
  • Porch
  • Ceiling Fan

About This Home

As of October 2021

Check out this beautiful 3BR/2.5 bath spacious ranch home in Mayfair subdivision. So much to love about about this well maintained ranch. Inside you will find a large living room with a fireplace, large eat in kitchen with all appliances to remain (including washer and dryer), laundry room, formal dining room, family room, master suite, 2 additional good sized bedrooms, 2 car attached garage, back deck, and storage shed. Schedule your showing now on this large ranch in a great neighborhood!

Last Agent to Sell the Property

Chynna Farmer

ME Realty License #475166541 Listed on: 08/20/2021

Co-Listed By

Marsha Fernandes

ME Realty License #471003706

Last Buyer's Agent

Diane Schriber

ME Realty License #471004911

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,918

Year Built

  • Built in 1977

Lot Details

  • 0.36

Home Design

  • Ranch Style House

Interior Spaces

  • Ceiling Fan
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Utilities

  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,918

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: 8-3506 Lot 10 Block 7 Mayfair Addn
  • Lvt Date: 08/20/2021
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Disposal, Microwave Oven, Refrigerator, Range/Oven, Trash Compactor, Washer, Water Softener - Owned
  • Fireplace: Family Room, Gas Lighter, Wood Burning
  • Interior Amenities: Garage Door Opener(s), Jetted Tub, Blinds, Ceiling Fan, Window Coverings
  • Number Fireplaces: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Number of Main Level Full Bathrooms: 2
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 14.8x12.8, On Level: Main, Flooring: Carpet
  • Basement Foundation: Crawl Space
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 12.7x14.7, On Level: Main, Flooring: Carpet
  • Bedroom 3: Dimensions: 14.2x13.1, On Level: Main, Flooring: Carpet
  • Family Room: Dimensions: 21.8x20, On Level: Main, Flooring: Tile
  • Formal Dining Room: Dimensions: 12.8x10, On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 13.6x20.9, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Dining Formal, Eat-In Kitchen
  • Living Room: Dimensions: 12.5x19.6, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 88.32
  • Finished Sq Ft: 2208
  • Total Sq Ft: 2208
  • Finished Main Level Sq Ft: 2208

Exterior Features

  • Exterior: Brick, Wood Siding
  • Exterior Amenities: Deck, Outbuilding(s), Porch
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes
  • Number Of Garage Remotes: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Community Sewer System, Community Water System

Schools

  • Elementary School: Lincoln Elementary School District #27

Lot Info

  • Estimated Lot Size: 156x100
  • Lot Description: Cul-De-Sac, Corner
  • Subdivision: Mayfair
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 4917.66
  • Parcel Id Number Tax Id: 08-407-011-00
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

MLS Schools

  • High School School District: Lincoln
  • Middle School: Lincoln Jr High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 30, 2021
Sold by
Childs Victoria L
Bought by
Bailey Rebecca L
Seller's Agent
Chynna Farmer
ME Realty
Buyer's Agent
Diane Schriber
ME Realty
List Price
$229,900
Sold Price
$195,000
Premium/Discount to List
-$34,900
-15.18%
Current Estimated Value
$242,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,974
Avg. Annual Appreciation
5.46%

Purchase Details

Listed on
Aug 8, 2016
Closed on
Oct 3, 2016
Sold by
Hellrung Kermit C and Hellrung Anne M
Bought by
Martin Eugene G and Childs Victoria L
Seller's Agent
Marsha Fernandes
ME Realty
Buyer's Agent
Marsha Fernandes
ME Realty
List Price
$189,900
Sold Price
$130,000
Premium/Discount to List
-$59,900
-31.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Aug 31, 1987
Bought by
Hellrung Kermit C and Hellrung Anne M
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
Bailey Rebecca L $195,000 None Available
Martin Eugene G $130,000 --
Hellrung Kermit C $88,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $195,000 -9.1% $88 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/25/2021 08/25/21 Price Changed $214,500 -6.7% $97 / Sq Ft
08/20/2021 08/20/21 For Sale $229,900 +76.8% $104 / Sq Ft
10/03/2016 10/03/16 Sold $130,000 -31.5% $59 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $189,900 -- $86 / 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 $4,378 $67,880 $17,330 $50,550
2023 $4,516 $62,860 $16,050 $46,810
2022 $4,712 $58,750 $15,000 $43,750
2021 $4,990 $56,400 $14,400 $42,000
2020 $4,918 $55,570 $14,190 $41,380
2019 $4,802 $54,480 $13,910 $40,570
2018 $4,753 $53,410 $13,640 $39,770
2017 $4,725 $53,410 $13,640 $39,770
2016 $4,553 $57,850 $13,630 $44,220
2015 $4,562 $52,880 $11,940 $40,940
2014 $4,562 $52,880 $11,940 $40,940
2013 $4,562 $50,190 $11,330 $38,860
2012 $4,562 $51,090 $11,530 $39,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1009381

RMLS Alliance

APN: 08-407-011-00