NOT LISTED FOR SALE

504 Tremont St Lincoln, IL 62656

Estimated Value: $216,000 - $320,773

3 Beds
2 Baths
2,700 Sq Ft
$103/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $285,000 $106 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,950/month

68 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Corner Lot
  • Central Elementary School Rated A-
  • Hydromassage or Jetted Bathtub
  • Solid Surface Countertops

About This Home

As of November 2023

Seeking moody, eccentric, and a total vibe all in one? This showstopping two story corner lot showplace home is truly unlike any other property in town. Walk in the front door and be stunned by the gracious open living/dining concept host to amazing floor space, captivating natural light, center fireplace, trey ceilings, and curved staircase with recessed nooks. Main floor also features a fully equipped kitchen with brand new granite countertops, stainless appliances, butlers pantry, beveled glass, adjacent laundry facilities, and breakfast bar area, expansive rear family room with a center gas log fireplace, and a remarkable master suite with two closets (one large walk-in) and an adjacent full tiled bath host to granite countertops, jacuzzi tub, and a tiled walk-in shower. Take a trip up the curved staircase and find two additional large bedrooms -- each with their own sitting rooms -- one with a gorgeous curved archway -- the other with a built-in desk -- and a second full hall tiled bath. Property also features a large usable basement, covered front porch, dream covered rear deck, privacy fenced backyard, two car detached garage, central vacuum system, two water heaters, custom Hunter Douglas window treatments throughout and SO many improvements -- professional paint throughout (Integrity Painting), all new flooring (carpet was custom), new fixtures, new central air unit (2023), enhanced landscaping (Bee's), various roof improvements (Vertex) -- a fascinating property!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 07/28/2023

Last Buyer's Agent

Leslie Rothan

eXp Realty License #471020642

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,762

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x194
  • Fenced Yard
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Foundation
  • Block Foundation
  • Shingle Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Log Fireplace
  • Replacement Windows
  • Window Treatments
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 08-230-008-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,762

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Architectural Style: Two Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Crawl Space, Partial, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Living Room
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Garage Door Opener(s), Jetted Tub, Solid Surface Counter, Window Treatments
  • Living Area: 2700
  • KitchenDining: Breakfast Bar,Dining Formal,Dining/Living Combo

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Porch, Replacement Windows
  • Foundation Details: Block, Brick
  • Roof: Rubber, 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

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 50X194
  • Parcel #: 08-230-008-00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5761.86
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Nov 3, 2023
Sold by
Goodman Seth A
Bought by
Norris Roger and Norris Susan
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Leslie Rothan
eXp Realty
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Views
382
Current Estimated Value
$277,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,307
Avg. Annual Appreciation
-1.25%
Original Mortgage
$285,000
Outstanding Balance
$279,523
Interest Rate
6.99%
Mortgage Type
VA
Estimated Equity
-$1,830

Purchase Details

Closed on
Mar 13, 2023
Sold by
Laegeler Diane R
Bought by
Goodman Seth A

Purchase Details

Listed on
Jan 3, 2020
Closed on
Mar 6, 2020
Sold by
Quinn Thomas A and Peterson Quinn Kimberly
Bought by
Laegeler Diane R
Seller's Agent
Diane Schriber
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$225,000
Sold Price
$217,500
Premium/Discount to List
-$7,500
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$206,625
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2010
Sold by
Lovett Thomas B and Lovett Vyann E
Bought by
Quinn Thomas A and Peterson-Quinn Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.05%
Mortgage Type
Stand Alone First
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
Norris Roger $285,000 None Available
Goodman Seth A $197,000 Ptax
Laegeler Diane R $217,500 None Available
Quinn Thomas A $202,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norris Roger $285,000
Previous Owner Laegeler Diane R $206,625
Previous Owner Quinn Thomas A $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2023 11/03/23 Sold $285,000 +3.6% $106 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $275,000 0.0% $102 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/21/2023 09/21/23 Price Changed $275,000 -8.0% $102 / Sq Ft
08/21/2023 08/21/23 Price Changed $299,000 -3.2% $111 / Sq Ft
07/28/2023 07/28/23 For Sale $309,000 +42.1% $114 / Sq Ft
03/06/2020 03/06/20 Sold $217,500 -3.3% -- View Prior Sale
01/03/2020 01/03/20 For Sale $225,000 -- --
01/02/2020 01/02/20 Pending -- -- --
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 $5,813 $74,410 $5,130 $69,280
2023 $5,909 $68,900 $4,750 $64,150
2022 $5,527 $64,390 $4,440 $59,950
2021 $5,527 $61,820 $4,260 $57,560
2020 $5,447 $60,910 $4,200 $56,710
2019 $5,321 $59,720 $4,120 $55,600
2018 $5,269 $58,550 $4,040 $54,510
2017 $5,238 $58,550 $4,040 $54,510
2016 $5,103 $58,500 $4,040 $54,460
2015 $4,796 $55,270 $4,120 $51,150
2014 $4,796 $55,270 $4,120 $51,150
2013 $4,796 $52,460 $3,910 $48,550
2012 $4,796 $53,400 $3,980 $49,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1023720

RMLS Alliance

APN: 08-230-008-00