NOT LISTED FOR SALE

401 Lincoln Ave Lincoln, IL 62656

Estimated Value: $161,000 - $227,000

3 Beds
2 Baths
1,632 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $151,125 $93 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,243/month

1 Day on Market

Highlights

  • Porch
  • Ceiling Fan
  • Garage
  • Central Elementary School Rated A-

About This Home

As of May 2022

Adorable 3 bedroom, 2 full bath two story brick and stucco bungalow home situated on a historic brick street encompassed by stately regal homes! Main floor of home features a fabulous bright and airy finished 23X8 enclosed front porch/den, comfortable living room with a gas log fireplace with adjacent built-ins, wood flooring, open staircase, and adjacent laundry room area, classy formal dining room with additional built-ins, charming vintage equipped kitchen with an adjacent pantry as well as a rear exterior access point, and a full bath. Upstairs, you will find three nice sized bedrooms and a full hall bath with a tiled tub/shower surround. Front facing bedroom is host to two generous closets -- one with built-in shelving; all bedrooms with hardwood flooring. Property also features a full waterproofed basement (Greentree Waterproofing, Inc.), covered back porch, rear patio, two car detached garage, some vinyl replacement windows, and all appliances to remain. Undeniably charming!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 02/20/2022

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 02/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,809

Year Built

  • Built in 1924

Lot Details

  • 9,148

Parking

  • Garage

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,809

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: 8-1835 NW 60 ft lot 3 block 6 Park's Addn to Lincoln.
  • Lvt Date: 02/20/2022
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator, Washer, Dryer
  • Fireplace: Gas Logs, Living Room
  • Interior Amenities: Blinds, Ceiling Fan
  • Number Fireplaces: 1
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 15x13, On Level: Upper, Flooring: Hardwood
  • Basement Foundation: Block, Concrete, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 10x11, On Level: Upper, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 10x9, On Level: Upper, Flooring: Hardwood
  • Bedroom 3 Egress Window: Yes
  • Den: Dimensions: 23x8, On Level: Main, Flooring: Laminate
  • Formal Dining Room: Dimensions: 15x10, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 10x11, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining/Living Combo, Dining Formal, Pantry
  • Laundry: Dimensions: 4x6, On Level: Main, Flooring: Hardwood
  • Living Room: Dimensions: 23x13, On Level: Main, Flooring: Hardwood
  • Total Basement Sq Ft: 720
  • Price Per Sq Ft: 92.6
  • Finished Sq Ft: 1632
  • Total Sq Ft: 1632
  • Finished Main Level Sq Ft: 912
  • Upper Level Finished Sq Ft: 720

Exterior Features

  • Exterior: Brick, Stucco
  • Exterior Amenities: Porch
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

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

Lot Info

  • Estimated Lot Size: 60X150
  • Lot Description: Corner, Level
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2808.52
  • Parcel Id Number Tax Id: 08-236-003-00
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

MLS Schools

  • High School School District: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2022
Closed on
May 6, 2022
Sold by
Boggs Andrea Nicole
Bought by
Wright James David
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$150,000
Sold Price
$151,125
Premium/Discount to List
$1,125
0.75%
Current Estimated Value
$183,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,133
Avg. Annual Appreciation
5.56%
Original Mortgage
$148,387
Outstanding Balance
$141,274
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$41,984

Purchase Details

Listed on
May 25, 2017
Closed on
May 3, 2018
Sold by
Graue Mark and Graue Bobbette
Bought by
Boggs Andrea Nicole
Buyer's Agent
Brenda Short
IN BETWEEN OFFICES
List Price
$137,700
Sold Price
$129,900
Premium/Discount to List
-$7,800
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$132,692
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Mar 19, 2010
Sold by
Graue Mark and Graue Bobbette
Bought by
Graue Mark and Graue Bobbette
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
Wright James David $151,500 None Available
Boggs Andrea Nicole $130,000 None Available
Graue Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright James David $148,387
Previous Owner Boggs Andrea Nicole $132,692
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Sold $151,125 +0.8% $93 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/20/2022 02/20/22 For Sale $150,000 +15.5% $92 / Sq Ft
05/03/2018 05/03/18 Sold $129,900 -5.7% $51 / Sq Ft View Prior Sale
02/20/2018 02/20/18 Pending -- -- --
05/25/2017 05/25/17 For Sale $137,700 -- $54 / 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 $3,294 $41,930 $6,980 $34,950
2023 $3,104 $38,820 $6,460 $32,360
2022 $2,988 $36,280 $6,040 $30,240
2021 $2,854 $34,830 $5,800 $29,030
2020 $2,809 $34,310 $5,710 $28,600
2019 $2,738 $33,640 $5,600 $28,040
2018 $2,705 $32,980 $5,490 $27,490
2017 $2,689 $32,980 $5,490 $27,490
2016 $2,618 $32,940 $5,480 $27,460
2015 $2,490 $31,670 $6,230 $25,440
2014 $2,490 $31,670 $6,230 $25,440
2013 $2,490 $30,060 $5,910 $24,150
2012 $2,490 $30,610 $6,020 $24,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1012506

RMLS Alliance

APN: 08-236-003-00