NOT LISTED FOR SALE

405 Lincoln Ave Lincoln, IL 62656

Estimated Value: $204,000 - $302,000

4 Beds
2 Baths
1,849 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $210,000 $114 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,852/month

1 Day on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Eat-In Kitchen
  • Central Elementary School Rated A-
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of June 2023

WOW! 405 Lincoln Ave, Lincoln, IL is a stunning property filled with the perfect amount of historical charm, and newer updates throughout! This beautiful home features 4 bedrooms, 2 full baths, (one bed and one full bath on the main floor), a large living room with hardwood flooring, original woodwork, and a wood burning fireplace, a nice formal dining, a large eat-in kitchen with accessible laundry, and access to the basement. There is one bedroom on the main floor (which features an attached bathroom with shower), three nicely sized upstairs bedrooms, all with ample closet space! There is an unfinished basement, but completely usable, and potential for it to be finished space again! The roof was replaced in 2019, furnace new in 2018, air conditioning unit replaced in 2023, a 24'x24' detached garage, and the list goes on! This property is ready for new owners, and priced competitively! Be sure to call your Agent of choice to see 405 Lincoln Ave, Lincoln. Listed by Andy Meister/ME Realty

Last Agent to Sell the Property

Andrew Meister

Keller Williams Capital License #475168828 Listed on: 05/31/2023

Keller Williams Capital

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 60x150
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 1,849 Sq Ft Home
  • Craftsman Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lincoln Jr High Middle School
  • Lincoln Comm District #404 High School

Utilities

  • Forced Air Heating System

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-236-004-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,400

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1924
  • Architectural Style: Craftsman
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1849
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame, Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Forced Air, Central Air
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Lincoln Elementary School District #27
  • High School: Lincoln Comm District #404
  • Middle Or Junior School: Lincoln Jr High

Lot Info

  • Lot Size: 60X150
  • Parcel #: 08-236-004-00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3399.5
  • TaxExemptions: Homestead Improvement,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jun 29, 2023
Sold by
Coats Karen and Coats Larry
Bought by
Zollinger Richard Lloyd
Seller's Agent
Andrew Meister
Keller Williams Capital
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$209,900
Sold Price
$210,000
Premium/Discount to List
$100
0.05%
Views
18
Current Estimated Value
$249,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,259
Avg. Annual Appreciation
7.37%
Original Mortgage
$199,500
Outstanding Balance
$195,238
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$54,021

Purchase Details

Closed on
Mar 24, 2009
Sold by
Coats Larry and Coats Karen
Bought by
Coats Larry and Coats Karen
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
Zollinger Richard Lloyd $210,000 Ptax
Coats Larry $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zollinger Richard Lloyd $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $210,000 0.0% $114 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $209,900 -- $114 / 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 $6,426 $76,100 $7,780 $68,320
2023 $3,399 $70,460 $7,200 $63,260
2022 $3,400 $45,450 $6,730 $38,720
2021 $3,231 $43,630 $6,460 $37,170
2020 $3,173 $42,980 $6,360 $36,620
2019 $3,084 $42,140 $6,240 $35,900
2018 $3,040 $41,320 $6,120 $35,200
2017 $3,022 $41,320 $6,120 $35,200
2016 $2,942 $41,270 $6,110 $35,160
2015 $2,503 $39,430 $6,230 $33,200
2014 $2,503 $39,430 $6,230 $33,200
2013 $2,503 $37,420 $5,910 $31,510
2012 $2,503 $38,100 $6,020 $32,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1022544

RMLS Alliance

APN: 08-236-004-00