NOT LISTED FOR SALE

512 3rd St Lincoln, IL 62656

Estimated Value: $77,000 - $87,991

2 Beds
1 Bath
1,008 Sq Ft
$82/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $48,000 $48 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $609/month

4 Days on Market

Highlights

  • Fenced Yard
  • Bungalow
  • Ceiling Fan
  • Central Elementary School Rated A-
  • Water Softener is Owned
  • Garage

About This Home

As of August 2021

Welcome to 512 3rd St., a comfortable 2 bedroom, 1.5 bath bungalow with a 1-car detached garage, and tons of potential. Located only a few minutes from historic downtown Lincoln, 512 3rd Street has a large eat-in kitchen, spacious living room/dining room area, 2 nice sized bedrooms, a full usable basement that has a 1/2 bath, plus all of the mechanicals as well as a nice workshop area. 512 3rd also features a wonderful front porch as well as a nice sized yard which is partially fenced. With so much potential, 512 3rd Street is a solid house for the money.

Last Agent to Sell the Property

Chris Ciaccio

ME Realty License #475159972 Listed on: 08/13/2021

Last Buyer's Agent

Marsha Fernandes

ME Realty License #471003706

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $132

Lot Details

  • 7,710

Parking

  • Garage

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan
  • Oven or Range

Laundry

  • Dryer
  • Washer

Additional Features

  • Fenced Yard
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$132

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: 12-1485 W 1/2 Lot 154& E 20 FT of Lot 155 Lincoln Hill Addn to Lincoln
  • Lvt Date: 08/13/2021
  • Senior Community: No
  • Conversion: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Oven, Washer, Water Softener - Owned
  • Interior Amenities: Ceiling Fan
  • Total Bathrooms: 3
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 2
  • Number of Half Bathrooms in the Basement: 1
  • Number of Lower Level Half Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 12x10, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Block, Full, Unfinished
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11x10, On Level: Main, Flooring: Carpet
  • Informal Dining Room: Dimensions: 15x13, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Eat-In Kitchen
  • Price Per Sq Ft: 47.62
  • Finished Sq Ft: 1008
  • Total Sq Ft: 1008
  • Finished Main Level Sq Ft: 1008

Exterior Features

  • Exterior: Aluminum Siding
  • Exterior Amenities: Fenced Yard
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, On Street Parking
  • Garage Yn: Yes
  • Number Cars: 1
  • Number Of Garage Remotes: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Water Heater - Gas, Wall Unit(s)
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Estimated Lot Size: 50x153
  • Lot Description: Sloping
  • Subdivision: Lincoln
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 132
  • Parcel Id Number Tax Id: 12-355-155-00
  • Tax Exemptions: Homestead/Owner Occupied, Senior Freeze, Senior Homestead
  • Tax Year: 2020

MLS Schools

  • High School School District: Lincoln Comm District #404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Aug 27, 2021
Sold by
Werkman Marvin P
Bought by
Marten Daniel S
Seller's Agent
Chris Ciaccio
ME Realty
Buyer's Agent
Marsha Fernandes
ME Realty
List Price
$59,000
Sold Price
$48,000
Premium/Discount to List
-$11,000
-18.64%
Current Estimated Value
$82,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,748
Avg. Annual Appreciation
13.71%
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
Marten Daniel S $48,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $48,000 -18.6% $48 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $59,000 -- $59 / Sq Ft
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 $2,064 $28,820 $5,550 $23,270
2023 $1,958 $26,690 $5,140 $21,550
2022 $1,836 $24,880 $4,790 $20,090
2021 $132 $23,950 $4,610 $19,340
2020 $132 $23,950 $4,610 $19,340
2019 $1,218 $23,480 $4,520 $18,960
2018 $133 $22,580 $4,350 $18,230
2017 $133 $22,580 $4,350 $18,230
2016 $130 $22,840 $4,400 $18,440
2015 $235 $21,750 $4,240 $17,510
2014 $235 $21,750 $4,240 $17,510
2013 $235 $20,070 $3,910 $16,160
2012 $235 $20,370 $3,970 $16,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1009205

RMLS Alliance

APN: 12-355-155-00