NOT LISTED FOR SALE

506 7th St Lincoln, IL 62656

Estimated Value: $110,000 - $182,000

5 Beds
3 Baths
-- Sq Ft
15,246 Sq Ft Lot

Last Sold November 16, 2018

Last sale price $105,000

Est. 40% increase in value since last sale

Current estimated payment $961/month

58 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Porch
  • Central Elementary School Rated A-
  • Fenced Yard
  • Ceiling Fan

About This Home

As of November 2018

A true labor of love! This generous 2,000+ square foot 5 bedroom, 3 full bath conveniently located two story home has been virtually totally transformed since current owners purchase in October of 2014. Main floor of home welcomes you with an incredibly generous living room with laminate flooring, nicely updated fully equipped kitchen host to a center island/breakfast bar in addition to a double door rear exterior access point, formal dining room, 16X9 den/bar area, 14X8 heated/cooled breezeway, two nice sized bedrooms including a master suite host to an exterior access point as well as a private full adjacent bath featuring a double vanity, in addition to a tiled full hall bath. Upstairs, you will three additional bedrooms and a third full hall bath. Property also features a large usable basement, two car attached garage with rear alley access as well as floored overhead storage, large rear composite deck, generous fenced backyard host to an above ground pool, covered front porch, and

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 08/07/2018

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 08/07/2018

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $2,360

Lot Details

  • Fenced Yard

Parking

  • Garage

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Deck
  • Porch

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$2,360

Lot Details

0.35 Acres

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 08/08/2018
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Refrigerator, Range/Oven, Washer
  • Interior Amenities: Ceiling Fan, Window Coverings
  • Total Full Baths: 3
  • Bedrooms: 5
  • Master Bedroom: Dimensions: 12x15, On Level: Main, Flooring: Laminate
  • Basement Foundation: Partial, Block, Brick, Unfinished
  • Bedroom 2: Dimensions: 13x14, On Level: Main, Flooring: Laminate
  • Bedroom 3: Dimensions: 13x13, On Level: Upper, Flooring: Laminate
  • Bedroom 4: Dimensions: 12x8, On Level: Upper, Flooring: Laminate
  • Formal Dining Room: On Level: Main, Flooring: Laminate
  • Informal Dining Room: Dimensions: 9x15
  • Kitchen: Dimensions: 15x16, On Level: Main, Flooring: Tile
  • Kitchen Dining: Breakfast Bar, Dining Formal
  • Laundry: On Level: Lower
  • Living Room: Dimensions: 16x26, On Level: Main, Flooring: Laminate
  • Additional Room 1: On Level: Upper, Flooring: Laminate
  • Price Per Sq Ft: 50.07
  • Total Sq Ft: 2097
  • Finished Main Level Sq Ft: 1602
  • Upper Level Finished Sq Ft: 495

Exterior Features

  • Exterior Amenities: Deck, Fenced Yard, Porch, Pool Above Ground
  • Roofing: Shingles
  • Construction Type: Modular, Other

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes

Utilities

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

Schools

  • Elementary School: Lincoln Elementary School District #27

Lot Info

  • Estimated Lot Size: 80X190
  • Lot Description: Wooded
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2360.24
  • Parcel Id Number Tax Id: 12-350-010-00
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Nov 16, 2018
Sold by
Phillips Patrick R and Phillips Heather E
Bought by
Lacroix Jeremie Y
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$129,900
Sold Price
$105,000
Premium/Discount to List
-$24,900
-19.17%
Current Estimated Value
$147,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,322
Avg. Annual Appreciation
4.71%
Original Mortgage
$103,098
Outstanding Balance
$91,464
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$55,858

Purchase Details

Listed on
Sep 2, 2014
Closed on
Oct 9, 2014
Sold by
Fannie Mae
Bought by
Phillips Patrick R and Phillips Heather E
Buyer's Agent
Cheryl clem
Coldwell Banker Cornerstone
List Price
$16,900
Sold Price
$20,000
Premium/Discount to List
$3,100
18.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.00%
Original Mortgage
$20,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2014
Sold by
Logan County Sheriff
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lacroix Jeremie Y $105,000 None Available
Phillips Patrick R -- --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacroix Jeremie Y $103,098
Previous Owner Phillips Patrick R $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2018 11/16/18 Sold $105,000 -19.2% --
10/04/2018 10/04/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $129,900 +549.5% --
10/15/2014 10/15/14 Sold $20,000 +18.3% $6 / Sq Ft View Prior Sale
09/23/2014 09/23/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $16,900 -- $5 / Sq Ft
Source: RMLS Alliance

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 $2,227 $30,620 $10,320 $20,300
2023 $2,085 $28,360 $9,560 $18,800
2022 $1,988 $26,440 $8,910 $17,530
2021 $1,899 $25,460 $8,580 $16,880
2020 $1,903 $25,460 $8,580 $16,880
2019 $1,851 $24,960 $8,410 $16,550
2018 $1,780 $24,000 $8,090 $15,910
2017 $2,360 $24,000 $8,090 $15,910
2016 $2,330 $24,290 $8,190 $16,100
2015 -- $32,240 $8,260 $23,980
2014 -- $32,240 $8,260 $23,980
2013 -- $29,750 $7,620 $22,130
2012 -- $30,180 $7,730 $22,450
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA20180441

RMLS Alliance

APN: 12-350-010-00

Your Personal Tour Guide

Ask me questions while you tour the home.