NOT LISTED FOR SALE

508 Lincoln St Chenoa, IL 61726

Estimated Value: $140,000 - $210,000

Studio
1 Bath
1,792 Sq Ft
$91/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $107,000 $60 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,085/month

19 Days on Market

Highlights

  • 4 Car Detached Garage
  • Central Air
  • 3-minute walk to Chenoa City Park
  • 1-Story Property

About This Home

As of June 2021

Very nice home has covered front porch and sits on a large corner lot. Recent updates include but not limited to interior paint, most new windows, tankless water heater (2020) complete remodel of bathroom with tile, newer black stainless appliances, new kitchen counter tops, new sump pump, some plumbing and electrical updates as well as a privacy fence in back yard. There is a 4-6 car detached garage with plenty of work space. There is a walk up attic that could be finished. Home is move in ready. As an added bonus, the 4th of July parade goes right in front of the house for your enjoyment!

Last Agent to Sell the Property

Joyce Cleary

Mid Illinois Realty License #475148072 Listed on: 04/09/2021

Last Buyer's Agent

Kindi Bliss

Coldwell Banker Real Estate Group License #475128753

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 1909

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 88x120

Parking

  • 4 Car Detached Garage

Home Design

  • Steel Siding

Interior Spaces

  • 1 Full Bathroom
  • 1,792 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Chenoa Elementary School
  • Prairie Central Jr High Middle School
  • Prairie Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,155

Year Built

Built in 1909

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1909
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1792
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1792
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1792

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Steel Siding

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Chenoa Elementary
  • High School: Prairie Central High School
  • Middle/Junior School: Prairie Central Jr High

Lot Info

  • Lot Size Acres: 0.35
  • Lot Dimensions: 88X120
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 2155
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 21, 2021
Sold by
Durbin Jessica and Durbin Adam
Bought by
Johnsonlown Jaqueline J
Seller's Agent
Joyce Cleary
Mid Illinois Realty
Buyer's Agent
Kindi Bliss
Coldwell Banker Real Estate Group
List Price
$109,900
Sold Price
$107,000
Premium/Discount to List
-$2,900
-2.64%
Current Estimated Value
$162,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,552
Avg. Annual Appreciation
9.63%
Original Mortgage
$80,250
Outstanding Balance
$72,724
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$89,828

Purchase Details

Listed on
Jan 4, 2018
Closed on
Jul 2, 2018
Sold by
Summers Franklin and Summers Connie
Bought by
Durbin Jessica
Seller's Agent
Stacey Jewett
Keller Williams Revolution
Buyer's Agent
Joyce Cleary
Mid Illinois Realty
List Price
$99,900
Sold Price
$83,500
Premium/Discount to List
-$16,400
-16.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$81,986
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2005
Sold by
Summers Franklin
Bought by
Summers Franklin and Summers Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.01%

Purchase Details

Closed on
Aug 8, 2005
Sold by
Grider Edwin E
Bought by
Summers Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.01%
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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Purchase History

Date Buyer Sale Price Title Company
Johnsonlown Jaqueline J $107,000 Mclean County Title
Durbin Jessica $83,500 Alliance Land Title
Summers Franklin -- None Available
Summers Franklin $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnsonlown Jaqueline J $80,250
Previous Owner Durbin Jessica $81,986
Previous Owner Summers Franklin $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2021 06/21/21 Sold $107,000 -2.6% $60 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $109,900 +31.6% $61 / Sq Ft
07/02/2018 07/02/18 Sold $83,500 -16.4% $62 / Sq Ft View Prior Sale
05/11/2018 05/11/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $99,900 -- $74 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,821 $40,978 $5,993 $34,985
2022 $2,821 $35,256 $5,156 $30,100
2021 $2,294 $30,162 $5,038 $25,124
2020 $2,156 $28,044 $4,684 $23,360
2019 $2,214 $28,044 $4,684 $23,360
2018 $2,991 $27,769 $4,638 $23,131
2017 $2,677 $27,769 $4,638 $23,131
2016 $2,536 $27,769 $4,638 $23,131
2015 $2,484 $28,493 $4,759 $23,734
2014 $2,473 $28,493 $4,759 $23,734
2013 -- $28,804 $4,811 $23,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11047961

Midwest Real Estate Data (MRED)

APN: 03-01-362-011