NOT LISTED FOR SALE

506 N Monroe St Lincoln, IL 62656

Estimated Value: $29,000 - $96,000

2 Beds
1 Bath
-- Sq Ft
6,447 Sq Ft Lot

Last Sold August 20, 2014

Last sale price $17,500

Est. 202% increase in value since last sale

Current estimated payment $310/month

96 Days on Market

Highlights

  • Porch
  • Patio
  • Single Wide
  • Northwest Elementary School Rated 9+
  • Bungalow

About This Home

As of August 2014

Talk about priced to sell! This cozy 2 bedroom bungalow awaits new ownership -- motivated seller is offering this comfortable residential dwelling for only $21,900! The interior features a living room, kitchen/dining concept -- range/oven and refrigerator to remain with property upon settlement, two nice sized bedrooms, and a full bath. Property also features a usable basement complete with both interior as well as exterior access points, an attractive brick and aluminum sided exterior, central air conditioning, front off-street parking, and a large screened side patio. Act quick -- 506 N. Monroe Street, Lincoln will move quickly! 2 bedrooms, a usable basement, and a large lot for only $21,900! A solid little deal!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 04/30/2014

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 04/30/2014

Property Details

Home Type

  • Mobile/Manufactured

Year Built

  • Built in 1902

Lot Details

  • 6,447

Home Design

  • Bungalow

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Oven or Range
  • 1 Full Bathroom
  • Washer
  • Single Wide

Property Details

Home Type

Mobile/Manufactured

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Appliances: Refrigerator, Range/Oven, Washer
  • Total Full Baths: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 13x10, On Level: Main, Flooring: Carpet
  • Basement Foundation: Partial, Block, Concrete, Unfinished
  • Bedroom 2: Dimensions: 12x10, On Level: Main, Flooring: Carpet
  • Formal Dining Room: On Level: Main, Flooring: Vinyl
  • Informal Dining Room: Dimensions: 9x8
  • Kitchen: Dimensions: 10x10, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Laundry: On Level: Lower
  • Living Room: Dimensions: 11x12, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 22.44
  • Total Sq Ft: 780
  • Finished Main Level Sq Ft: 780

Exterior Features

  • Exterior: Aluminum Siding, Brick
  • Exterior Amenities: Patio, Porch
  • Roofing: Shingles
  • Construction Type: Mfg - Single Wide, Other

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: 45X140
  • Lot Description: Wooded
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1097.14
  • Parcel Id Number Tax Id: 12-645-052-00
  • Tax Year: 2013

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2014
Closed on
Aug 20, 2014
Sold by
Meyer Edwin William
Bought by
Full Gospel Evangelistic Ctr
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$25,000
Sold Price
$17,500
Premium/Discount to List
-$7,500
-30%
Current Estimated Value
$52,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,314
Avg. Annual Appreciation
10.26%
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
Full Gospel Evangelistic Ctr $17,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2014 08/20/14 Sold $17,500 -30.0% --
08/04/2014 08/04/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $25,000 -- --
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 $393 $4,350 $4,350 $0
2023 $376 $4,030 $4,030 $0
2022 $366 $3,760 $3,760 $0
2021 $353 $3,620 $3,620 $0
2020 $354 $3,620 $3,620 $0
2019 $442 $3,550 $3,550 $0
2018 $337 $3,410 $3,410 $0
2017 $335 $3,410 $3,410 $0
2016 $331 $3,450 $3,450 $0
2015 $1,070 $11,450 $3,330 $8,120
2014 $1,070 $11,450 $3,330 $8,120
2013 $1,070 $10,560 $3,070 $7,490
2012 $1,070 $10,710 $3,110 $7,600
Source: Public Records

Agents Affiliated with this Home

  • Seth Goodman

    Seller's Agent in 2014

    Seth Goodman

    ME Realty

    (217) 737-3742

    949 in this area

    1,860 Total Sales

    Seth Goodman
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Map

Source: RMLS Alliance

MLS Number: RMACA20140248

RMLS Alliance

APN: 12-645-052-00

Illinois Logan County Lincoln 62656

506 N Monroe St, Lincoln, IL

Not Listed for Sale

Mobile Manufactured

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