NOT LISTED FOR SALE

510 College Ave Lincoln, IL 62656

Estimated Value: $230,000 - $270,859

4 Beds
3 Baths
2,553 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $253,000 $99 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,014/month

45 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Fenced Yard
  • Central Elementary School Rated A-
  • Vaulted Ceiling
  • 2 Car Detached Garage

About This Home

As of November 2024

Such style and class! An absolute beauty is this 4 bedroom, 3 full bath two story brick/vinyl sided home situated within one of the most charming established tree lined neighborhood in the center of historic Lincoln, Illinois! Main floor of home features an inviting foyer host a curved staircase, beautiful and bright equipped kitchen/dining concept with a breakfast bar, desk area, sleek white cabinetry, and room for a large table and chairs, 8X15 rear mudroom/den, comfortable living room with a neat adjacent 12X10 den with built-ins in addition to sliding doors that lead to an expansive screened porch complete with vaulted ceilings, comfortably sized front facing bedroom, and a full hall tiled bath with a walk-in shower. Upstairs, you will find a landing area with wood lined vaulted ceilings, large hall laundry area, full hall tiled bath, and three additional roomy bedrooms. The primary suite features an adjacent walk-in closet in addition to a private full tiled bath with a double vanity in addition to a tiled walk-in shower. Property also features a partial basement, front porch, architectural roof (2014), two furnaces/two central air conditioning units, solid six panel interior doors, vinyl replacement windows (2014), commercial gutters (2018), renovated two car detached garage/driveway, privacy fenced backyard (2022) with an above ground pool with an adjacent deck as well as poured concrete patio area (all new in 2024) -- a true must view property!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 09/09/2024

Last Buyer's Agent

Non-Member Agent RMLSA

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,497

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 80x155
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,553 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Replacement Windows
  • Blinds
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Deck
  • Screened Patio
  • Porch

Schools

  • Lincoln High School

Utilities

  • Multiple cooling system units
  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 08-230-025-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,497

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1880
  • Architectural Style: Two Story
  • New Construction: No
  • PricePerSqFt: 99.1
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Partial, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Blinds, Ceiling Fan(s), Vaulted Ceiling(s)
  • Living Area: 2553
  • TotalBasementSqFt: 600
  • KitchenDining: Breakfast Bar,Dining Informal

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Patio, Pool Above Ground, Porch, Screened Patio, Replacement Windows
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Gas, Heating Systems - 2+, Forced Air, Cooling Systems - 2+, Central Air
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 80X155
  • Parcel #: 08-230-025-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7119.12
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Nov 20, 2024
Sold by
Richardson Tristan E and Richardson Kalli J
Bought by
Trueblood Matthew David and Trueblood Michele Anna
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Non-Member Agent RMLSA
Non-MLS
List Price
$260,000
Sold Price
$253,000
Premium/Discount to List
-$7,000
-2.69%
Views
38
Current Estimated Value
$250,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,285
Avg. Annual Appreciation
20.98%
Original Mortgage
$202,400
Outstanding Balance
$201,794
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$85,635

Purchase Details

Listed on
Jan 17, 2022
Closed on
May 9, 2022
Sold by
Ingmire Mackenzie and Ingmire Jessica
Bought by
Richardson Kalli J and Richardson Tristan E
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$245,000
Sold Price
$236,000
Premium/Discount to List
-$9,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Original Mortgage
$231,725
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 15, 2019
Closed on
Feb 19, 2020
Sold by
Rodgers Joel L
Bought by
Ingmire Mackenzie and Ingmire Jessica
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$209,900
Sold Price
$188,000
Premium/Discount to List
-$21,900
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Original Mortgage
$178,600
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2004
Sold by
Rodgers Joel L
Bought by
Rodgers Joel L
Source: Public Records

Range of Values:

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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
Trueblood Matthew David $253,000 None Available
Richardson Kalli J $236,000 None Available
Ingmire Mackenzie $188,000 None Available
Rodgers Joel L $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trueblood Matthew David $202,400
Previous Owner Richardson Kalli J $231,725
Previous Owner Ingmire Mackenzie $181,450
Previous Owner Ingmire Mackenzie $178,600
Previous Owner Rodgers Wendy $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $253,000 -2.7% $99 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $260,000 +10.2% $102 / Sq Ft
05/09/2022 05/09/22 Sold $236,000 -1.3% $92 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
02/21/2022 02/21/22 Price Changed $239,000 -2.4% $94 / Sq Ft
01/17/2022 01/17/22 For Sale $245,000 +30.3% $96 / Sq Ft
02/20/2020 02/20/20 Sold $188,000 -10.4% --
12/28/2019 12/28/19 Pending -- -- --
09/15/2019 09/15/19 For Sale $209,900 -- --
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 $7,497 $87,780 $9,430 $78,350
2023 $7,119 $81,280 $8,730 $72,550
2022 $6,904 $75,960 $8,160 $67,800
2021 $5,119 $57,700 $7,830 $49,870
2020 $5,044 $56,840 $7,710 $49,130
2019 $1,673 $22,890 $7,560 $15,330
2018 $1,648 $22,440 $7,410 $15,030
2017 $1,639 $22,440 $7,410 $15,030
2016 $1,595 $22,410 $7,400 $15,010
2015 $2,130 $21,790 $7,460 $14,330
2014 $2,130 $21,790 $7,460 $14,330
2013 $2,130 $20,680 $7,080 $13,600
2012 $2,130 $21,050 $7,210 $13,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1031737

RMLS Alliance

APN: 08-230-025-00