NOT LISTED FOR SALE

507 N Adams St Lincoln, IL 62656

Estimated Value: $71,000 - $87,021

2 Beds
1 Bath
924 Sq Ft
$86/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $48,500 $52 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $544/month

119 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Agricultural
  • Northwest Elementary School Rated 9+
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of February 2019

This home is located at 507 N Adams St, Lincoln, IL 62656 since 04 October 2018 and is currently estimated at $79,005, approximately $85 per square foot. This property was built in 1959. 507 N Adams St is a home located in Logan County with nearby schools including Northwest Elementary School, Lincoln Junior High School, and Lincoln Community High School.

Last Agent to Sell the Property

Pat White

Johnson Real Estate License #475122197 Listed on: 10/04/2018

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,021

Year Built

  • Built in 1959

Lot Details

  • 5,663

Parking

  • Detached Garage

Home Design

  • 924 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Lincoln Elementary And Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Lot Dimensions are 40 x 140
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 12-645-035-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,021

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1959
  • Architectural Style: Ranch
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Agricultural
  • Construction Type: Modular, Other, Vinyl Siding
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Garage Yn: Yes
  • Parking Features: Detached

Utilities

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

Schools

  • Elementary School: Lincoln
  • High School: Lincoln
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: Residential
  • Lot Size: 40 x 140
  • Parcel #: 12-645-035-00

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1020.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Feb 28, 2019
Sold by
Broughton Alec A
Bought by
Kirk Kevin J
Seller's Agent
Pat White
Johnson Real Estate
Buyer's Agent
Seth Goodman
ME Realty
List Price
$52,900
Sold Price
$48,500
Premium/Discount to List
-$4,400
-8.32%
Current Estimated Value
$82,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,567
Avg. Annual Appreciation
7.43%
Original Mortgage
$47,621
Outstanding Balance
$41,841
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$37,164

Purchase Details

Listed on
May 28, 2014
Closed on
Sep 4, 2014
Sold by
Jorden Jeffrey B and Jorden Pamela A
Bought by
Broughton Alec A
Seller's Agent
Pat White
Johnson Real Estate
Buyer's Agent
Pat White
Johnson Real Estate
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Original Mortgage
$10,000
Interest Rate
4.1%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Sep 11, 2012
Closed on
Feb 13, 2013
Sold by
Jpmorgan Chase Bank National Associatio
Bought by
Jorden Jeffrey B and Jorden Pamela A
Seller's Agent
Diane Schriber
ME Realty
List Price
$22,900
Sold Price
$20,100
Premium/Discount to List
-$2,800
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.64%

Purchase Details

Closed on
May 2, 2012
Sold by
Sheriff Of Logan County
Bought by
Jpmorgan Chase Bank National Association
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
Kirk Kevin J $48,500 None Available
Broughton Alec A $45,000 --
Jorden Jeffrey B -- --
Jpmorgan Chase Bank National Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirk Kevin J $47,621
Previous Owner Broughton Alec A $10,000
Previous Owner Broughton Alec A $35,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2019 02/28/19 Sold $48,500 -8.3% $52 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $52,900 +17.6% $57 / Sq Ft
09/04/2014 09/04/14 Sold $45,000 -9.8% $49 / Sq Ft View Prior Sale
06/29/2014 06/29/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $49,900 +148.3% $54 / Sq Ft
02/13/2013 02/13/13 Sold $20,100 -12.2% -- View Prior Sale
02/01/2013 02/01/13 Pending -- -- --
09/11/2012 09/11/12 For Sale $22,900 -- --
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 $1,346 $20,880 $3,560 $17,320
2023 $1,244 $19,340 $3,300 $16,040
2022 $1,171 $18,040 $3,080 $14,960
2021 $1,110 $17,370 $2,970 $14,400
2020 $1,112 $17,370 $2,970 $14,400
2019 $1,077 $17,030 $2,910 $14,120
2018 $1,026 $16,380 $2,800 $13,580
2017 $1,021 $16,380 $2,800 $13,580
2016 $1,014 $16,570 $2,830 $13,740
2015 -- $18,500 $2,970 $15,530
2014 -- $18,500 $2,970 $15,530
2013 -- $17,070 $2,740 $14,330
2012 -- $17,320 $2,780 $14,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA20180556

RMLS Alliance

APN: 12-645-035-00