NOT LISTED FOR SALE

503 Delavan St Lincoln, IL 62656

Estimated Value: $171,000 - $322,857

4 Beds
2.5 Baths
4,374 Sq Ft
$59/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $275,000 $63 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,778/month

106 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • Detached Garage
  • Central Elementary School Rated A-
  • Fenced Yard
  • 4-minute walk to Railsplitter State Park

About This Home

As of July 2020

One of Logan Counties most historic homes (Burke House) circa 1866 was lovingly transformed into a Mission style in 1912 by Lincoln architects Deal & Ginzel. Located on a corner lot, this 4 bedroom 2.5 bath, two story has been under renovation for 17 years. --upgrades include electrical,boiler system (efficient clean heat source), foundation repairs/some structural elements, some replacement windows (others have been rebuilt), added insulation, concrete porch decks, professional architect inspired landscape gardens, stucco exterior improvements, tile roof restored, tankless hot water heater,HVAC in the attic,whole house water filter,copper down spouts replaced, refinished/rebuilt oak woodwork, flooring,trim. Balance of renovation list at the ME office. You will love greeting guests at the stunning double leaded/beveled glass front doors that sparkle as they open leading directly into a beautiful open staircase. The large Living room flows nicely into a gracious formal dining room and then to a breakfast nook with more leaded glass windows. Breathtaking leaded glass windows adorn the stairway to the 4 bedrooms. The master suite (with walk in closet and attached bath) and guest suite which includes an elevator. Two more nice sized bedrooms, another full bath and a second floor porch complete the upper level. So many unique features inside and out it is a "must see" for anyone that seeks old house charm and the comfort of modern heating and cooling systems. Call your agent to ge

Last Agent to Sell the Property

Robert Neal

ME Realty License #475175518 Listed on: 02/17/2020

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,902

Year Built

  • Built in 1866

Lot Details

  • Lot Dimensions are 100x170
  • Fenced Yard
  • Corner Lot
  • Terraced Lot
  • Wooded Lot

Home Design

  • Brick Foundation
  • Tile Roof
  • Modular or Manufactured Materials
  • Stucco

Interior Spaces

  • 4,374 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Schools

  • Lincoln Middle School
  • Lincoln High School

Utilities

  • Central Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 08-265-008-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,902

Year Built

Built in 1866

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1866
  • Architectural Style: Two Story
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Water Softener Owned, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Other
  • Fireplaces: 1
  • Interior Amenities: Attic Storage, Garage Door Opener(s), In-Law Floorplan, Ceiling Fan(s), Window Treatments
  • KitchenDining: Dining Formal,Eat-In Kitchen,Pantry

Exterior Features

  • Lot Features: Corner Lot, Terraced/Sloping, Wooded
  • Construction Type: Modular, Other, Stucco
  • Exterior Features: Fenced Yard, Porch
  • Foundation Details: Brick
  • Roof: Tile

Garage/Parking

  • Garage Yn: Yes
  • Parking Features: Detached

Utilities

  • Heating: Gas, Hot Water, Central Air, Other
  • Water Source: Public, Public Sewer

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Size: 100x170
  • Parcel #: 08-265-008-00

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3901.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Jul 17, 2020
Sold by
Reynolds James R and Reynolds Carolyn J
Bought by
Coughlin Ryan and Coughlin Jill
Seller's Agent
Robert Neal
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$274,900
Sold Price
$275,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$258,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,286
Avg. Annual Appreciation
-1.14%
Original Mortgage
$273,180
Outstanding Balance
$241,784
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$16,930

Purchase Details

Closed on
May 8, 2002
Bought by
Reynolds James R and Reynolds Carolyn J
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
Coughlin Ryan $275,000 None Available
Reynolds James R $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coughlin Ryan $273,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $275,000 0.0% $63 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $274,900 -- $63 / 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 $4,932 $62,800 $12,880 $49,920
2023 $5,363 $58,150 $11,930 $46,220
2022 $5,363 $54,350 $11,150 $43,200
2021 $2,102 $52,170 $10,700 $41,470
2020 $1,883 $51,400 $10,540 $40,860
2019 $3,902 $50,390 $10,330 $40,060
2018 $3,850 $49,400 $10,130 $39,270
2017 $3,827 $49,400 $10,130 $39,270
2016 $3,727 $49,350 $10,120 $39,230
2015 $3,631 $47,500 $9,780 $37,720
2014 $3,631 $47,500 $9,780 $37,720
2013 $3,631 $45,080 $9,280 $35,800
2012 $3,631 $45,890 $9,450 $36,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA20200080

RMLS Alliance

APN: 08-265-008-00