NOT LISTED FOR SALE

501 N Sherman St Lincoln, IL 62656

Estimated Value: $93,000 - $131,000

3 Beds
1 Bath
936 Sq Ft
$120/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $106,500 $114 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $735/month

3 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Bungalow

About This Home

As of January 2024

501 N Sherman is super-nice and comfortable, well-maintained 3 bedroom, 1 full bath bungalow with 2-car garage (with newer garage door) all on a large corner lot. 501 N Sherman has a roomy living room/informal dining room combination along with well-equipped kitchen which all of the appliances-washer and dryer included- remain upon closing, the 3 nice-sized bedrooms with hardwood flooring, full usable basement with newer replacement windows, and nice front porch. Located only a few seconds from historic downtown Lincoln, 510 N. Sherman has great style, comfort and charm and is ready for its new owners. Check out 510 N. Sherman today!!!!

Last Agent to Sell the Property

Chris Ciaccio

ME Realty License #475159972 Listed on: 11/16/2023

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,517

Lot Details

  • Lot Dimensions are 40x150
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Lincoln Comm District #404 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Lincoln Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 08-255-151-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,517

Lot Details

0

Parking

2

Listing Details

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

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 936
  • KitchenDining: Other Kitchen/Dining

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Block, Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

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

Utilities

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

Schools

  • High School: Lincoln Comm District #404

Lot Info

  • Lot Size: 40x150
  • Parcel #: 08-255-151-00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1516.7
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jan 10, 2024
Sold by
Cremeens Brady Lee and Cremeens Melissa
Bought by
Wright Toby J
Seller's Agent
Chris Ciaccio
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$112,000
Sold Price
$106,500
Premium/Discount to List
-$5,500
-4.91%
Views
20
Current Estimated Value
$112,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,686
Avg. Annual Appreciation
2.81%

Purchase Details

Listed on
Apr 26, 2015
Closed on
Jun 29, 2015
Sold by
Bing Dennis
Bought by
Cremeens Brady Lee
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Chris Ciaccio
ME Realty
List Price
$74,000
Sold Price
$70,000
Premium/Discount to List
-$4,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$56,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2012
Closed on
Jun 28, 2012
Sold by
Homesales Inc
Bought by
Bing Dennis
Seller's Agent
Diane Schriber
ME Realty
List Price
$49,900
Sold Price
$46,000
Premium/Discount to List
-$3,900
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.02%
Original Mortgage
$40,000
Interest Rate
3.77%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 4, 2012
Sold by
Sheriff Of Logan County
Bought by
Homesales Inc
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
Wright Toby J $106,500 None Available
Cremeens Brady Lee $70,000 --
Bing Dennis -- --
Homesales Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cremeens Brady Lee $56,000
Previous Owner Bing Dennis $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2024 01/10/24 Sold $106,500 -4.9% $114 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $112,000 +60.0% $120 / Sq Ft
06/29/2015 06/29/15 Sold $70,000 -5.4% -- View Prior Sale
05/11/2015 05/11/15 Pending -- -- --
04/26/2015 04/26/15 For Sale $74,000 +60.9% --
06/30/2012 06/30/12 Sold $46,000 -7.8% -- View Prior Sale
05/07/2012 05/07/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $49,900 -- --
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 $1,713 $24,680 $4,640 $20,040
2023 $1,594 $22,860 $4,300 $18,560
2022 $1,517 $21,370 $4,020 $17,350
2021 $1,438 $20,520 $3,860 $16,660
2020 $1,410 $20,210 $3,800 $16,410
2019 $1,369 $19,820 $3,730 $16,090
2018 $1,346 $19,430 $3,660 $15,770
2017 $1,339 $19,430 $3,660 $15,770
2016 $1,303 $19,410 $3,660 $15,750
2015 $1,222 $18,710 $3,750 $14,960
2014 $1,222 $18,710 $3,750 $14,960
2013 $1,222 $17,760 $3,560 $14,200
2012 $1,222 $18,080 $3,620 $14,460
Source: Public Records

Agents Affiliated with this Home

  • Chris Ciaccio

    Seller's Agent in 2024

    Chris Ciaccio

    ME Realty

    (217) 314-9262

    42 in this area

    65 Total Sales

    Chris Ciaccio
    Section Image
  • Seth Goodman

    Buyer's Agent in 2024

    Seth Goodman

    ME Realty

    (217) 737-3742

    952 in this area

    1,881 Total Sales

    Seth Goodman
    Section Image
  • Diane Schriber

    Seller's Agent in 2012

    Diane Schriber

    ME Realty

    (217) 737-7770

    65 in this area

    95 Total Sales

    Diane Schriber
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1026085

RMLS Alliance

APN: 08-255-151-00

Illinois Logan County Lincoln 62656

501 N Sherman St, Lincoln, IL

Not Listed for Sale

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