NOT LISTED FOR SALE

406 5th St Lincoln, IL 62656

Estimated Value: $112,000 - $130,000

3 Beds
1 Bath
1,309 Sq Ft
$91/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $79,500 $61 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $785/month

270 Days on Market

Highlights

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

About This Home

As of July 2021

Welcome home to this move-in ready 3 bedroom story and a half corner lot brick/aluminum sided home situated just a short stroll from historic downtown Lincoln, Illinois! Step inside and be welcomed by an open living/dining/family room concept complete with great floor space, rustic hardwood flooring, and awesome columns complete with built-in shelving. Main floor of home also features an efficient fully equipped kitchen, a generous bedroom, and a large nicely updated full bath. Upstairs, you will find two nice sized bedrooms -- both with great closet/storage space. Property also features a large basement, 10X17 finished breezeway complete with tile flooring (not included in total square footage), great covered front porch, two car attached garage, and much more! All appliances to remain with property upon settlement for new owner(s) including washer and dryer. Brand new architectural roof -- May 2016! Charm and comfort await you and yours at a reasonable price with this one!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 09/10/2020

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 09/10/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,555

Year Built

  • Built in 1892

Lot Details

  • 6,098

Parking

  • Garage

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Lincoln Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,555

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: 12-1405 W 40 ft of lot 62 Lincoln Hill Addn to Lincoln.
  • Lvt Date: 03/05/2021
  • Year Built: 1892
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Refrigerator, Range/Oven, Washer
  • Interior Amenities: Ceiling Fan, Window Coverings
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13x12, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Brick, Full, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 12x12, On Level: Upper, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 12x11, On Level: Upper, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Family Room: Dimensions: 12x13, On Level: Main, Flooring: Hardwood
  • Formal Dining Room: Dimensions: 13x12, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 9x18, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Dining/Living Combo, Dining Formal, Eat-In Kitchen
  • Laundry: On Level: Lower
  • Living Room: Dimensions: 13x13, On Level: Main, Flooring: Hardwood
  • Total Basement Sq Ft: 997
  • Additional Room 1: Dimensions: 10x17, On Level: Main, Flooring: Tile
  • Price Per Sq Ft: 60.73
  • Finished Sq Ft: 1309
  • Total Sq Ft: 1309
  • Finished Main Level Sq Ft: 997
  • Upper Level Finished Sq Ft: 312

Exterior Features

  • Exterior: Aluminum Siding
  • Exterior Amenities: Porch
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes
  • Number Cars: 2
  • Number Of Garage Remotes: 1

Utilities

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

Schools

  • Elementary School: Lincoln

Lot Info

  • Estimated Lot Size: 40X153
  • Lot Description: Corner, Level
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1554.6
  • Parcel Id Number Tax Id: 12-355-062-60
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Jul 28, 2021
Sold by
Payne Caleb N and Payne Bethany J
Bought by
Eckhoff Kaylie
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$79,900
Sold Price
$79,500
Premium/Discount to List
-$400
-0.5%
Current Estimated Value
$119,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,124
Avg. Annual Appreciation
9.87%
Original Mortgage
$80,303
Outstanding Balance
$74,155
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$45,469

Purchase Details

Listed on
Mar 19, 2016
Closed on
Jul 29, 2016
Sold by
Shanle Joshua W and Shanle Jessica A
Bought by
Payne Caleb N and Payne Bethany J
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$84,900
Sold Price
$75,500
Premium/Discount to List
-$9,400
-11.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.04%

Purchase Details

Closed on
Mar 21, 2011
Sold by
Franz Kevin D and Franz Karin
Bought by
Shanle Joshua W and Shanle Jessica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,166
Interest Rate
5.04%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eckhoff Kaylie $79,500 None Available
Payne Caleb N $75,500 --
Shanle Joshua W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eckhoff Kaylie $80,303
Previous Owner Shanle Joshua W $70,166
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2021 07/28/21 Sold $79,500 -0.5% $61 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
09/10/2020 09/10/20 For Sale $79,900 +5.8% $61 / Sq Ft
07/29/2016 07/29/16 Sold $75,500 -11.1% -- View Prior Sale
06/13/2016 06/13/16 Pending -- -- --
03/19/2016 03/19/16 For Sale $84,900 -- --
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 $1,840 $26,350 $4,210 $22,140
2023 $1,716 $24,400 $3,900 $20,500
2022 $1,629 $22,750 $3,640 $19,110
2021 $2,137 $21,900 $3,500 $18,400
2020 $1,555 $21,900 $3,500 $18,400
2019 $1,510 $21,470 $3,430 $18,040
2018 $1,448 $20,650 $3,300 $17,350
2017 $1,441 $20,650 $3,300 $17,350
2016 $1,428 $20,890 $3,340 $17,550
2015 $1,241 $19,670 $3,370 $16,300
2014 $1,241 $19,670 $3,370 $16,300
2013 $1,241 $18,150 $3,110 $15,040
2012 $1,241 $18,420 $3,160 $15,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1005380

RMLS Alliance

APN: 12-355-062-60