$180,000
SOLD JUL 26, 2024

501 N Hamilton St Lincoln, IL 62656

2 Beds
2 Baths
1,233 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$146 Per Sq Ft

3 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Water Softener is Owned
  • 1 Car Detached Garage
  • Bungalow
  • 5-minute walk to Latham Park

About This Home

As of July 2024

This spacious 1937 2BR 2BA (additional 2 bedrooms in basement) cottage has 1755 sq ft bonus space in addition to the 1233 sq ft main floor living space! With the potential living areas in the basement and attic there is enough space for your growing family needs! Original hardwood floors have been newly refinished, solid wood kitchen cabinets, large wooden pantry with pull out drawers, granite and quartz counter tops, stainless steel appliances--all make this home a comfortable place to call home. New in 2022: AC/Heat including addition main trunk ductwork that increases performance of the ac/heat unit. All new electrical run, including electrical for attic loft bedroom or game space! New water heater and water softener as well as stackable washer and dryer. Updated plumbing throughout. New custom storm windows over freshly restored wood windows--beautiful and efficient! (per Bob Villa: wood windows are more energy efficient than vinyl hollow core windows) Large shady corner lot, surveyed in 2023 for property boundary lines and partially fenced in yard. If you are in the market for a new home, this is definitely a winner!

Last Agent to Sell the Property

Amy Butler

Werth & Assoc, REALTORS Brokerage Phone: 217-735-3411 License #475158205 Listed on: 06/19/2024

Last Buyer's Agent

Non-Member Agent RMLSA

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,401

Year Built

  • Built in 1937

Lot Details

  • Lot Dimensions are 60 x 160
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,233 Sq Ft Home
  • Window Treatments
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 08-250-079-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,401

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1937
  • Architectural Style: Bungalow
  • New Construction: No
  • PricePerSqFt: 145.99
  • Attribution Contact: Phone: 217-735-3411
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Water Softener Owned, Washer, Dryer
  • Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Attic Storage, Window Treatments
  • Living Area: 1233
  • TotalBasementSqFt: 1055
  • KitchenDining: Dining Formal,Island

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Frame, Other
  • Exterior Features: Porch
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Senior Community: 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: 60 x 160
  • Parcel #: 08-250-079-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1338.14
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Jul 26, 2024
Sold by
Tobias Jennifer
Bought by
Davis Kathryn Irene
Seller's Agent
Amy Butler
Werth & Assoc, REALTORS
Buyer's Agent
Non-Member Agent RMLSA
Non-MLS
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Views
14
Current Estimated Value
$170,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,430
Avg. Annual Appreciation
12.28%
Original Mortgage
$171,000
Outstanding Balance
$169,710
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$31,698

Purchase Details

Listed on
May 19, 2020
Closed on
Mar 5, 2021
Sold by
White Samuel L
Bought by
Tobias Jennifer
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Amy Butler
Werth & Assoc, REALTORS
List Price
$64,000
Sold Price
$54,500
Premium/Discount to List
-$9,500
-14.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.25%
Original Mortgage
$43,600
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2007
Sold by
White Samuel L
Bought by
White Samuel L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 None Available
Warranty Deed $54,500 None Available
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,000 New Conventional
Previous Owner $45,000 New Conventional
Previous Owner $43,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $180,000 +0.1% $146 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $179,900 +230.1% $146 / Sq Ft
03/05/2021 03/05/21 Sold $54,500 -14.8% --
01/27/2021 01/27/21 Pending -- -- --
05/19/2020 05/19/20 For Sale $64,000 -- --
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 $1,401 $15,280 $6,630 $8,650
2023 $1,338 $14,150 $6,140 $8,010
2022 $1,306 $13,230 $5,740 $7,490
2021 $1,257 $12,700 $5,510 $7,190
2020 $2,185 $28,020 $5,850 $22,170
2019 $2,128 $27,480 $5,740 $21,740
2018 $2,099 $26,940 $5,630 $21,310
2017 $2,087 $26,940 $5,630 $21,310
2016 $2,032 $26,910 $5,620 $21,290
2015 $1,660 $23,190 $5,700 $17,490
2014 $1,660 $23,190 $5,700 $17,490
2013 $1,660 $22,010 $5,410 $16,600
2012 $1,660 $22,410 $5,510 $16,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1029914

RMLS Alliance

APN: 08-250-079-00