NOT LISTED FOR SALE

512 7th St Lincoln, IL 62656

Estimated Value: $49,000 - $139,000

2 Beds
1 Bath
1,520 Sq Ft
$66/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2024

Last sale price $40,000 $26 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $647 / mo

68 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Forced Air Heating System
  • Central Elementary School Rated A-
  • Eat-In Kitchen

About This Home

As of September 2024

This home located in the heart of Historic Lincoln, IL! From the brick lined street out front to the 2 car garage potential for this property is massive! The home offers marvelous hardwood trim and floors throughout it's spacious living areas. Hurry so you don't miss the huge potential for sweat equity this property offers!

Last Agent to Sell the Property

Joe Tetzlaff

RE/MAX Professionals Brokerage Phone: 217-416-3481 License #471000757 Listed on: 06/19/2024

RE/MAX Professionals

Last Buyer's Agent

Non-Member Agent RMLSA

Non-MLS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1892

Lot Details

  • Lot Dimensions are 55x190
  • Sloped Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 1.5-Story Property
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1235000900

Home Details

Home Type

Single Family

Year Built

Built in 1892

Lot Details

10,759 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1892
  • Architectural Style: One and Half Story
  • New Construction: No
  • Attribution Contact: Mobl: 217-416-3481
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1520
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Sloped
  • Road Surface Type: Other
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

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

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, Central Air
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: No

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 55x190
  • Parcel #: 1235000900

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2941.84
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Sep 13, 2024
Sold by
Us Bank Na Ttee
Bought by
Tippet Mark and Tippet Josiah
Seller's Agent
Joe Tetzlaff
RE/MAX Professionals
Buyer's Agent
Non-Member Agent RMLSA
Non-MLS
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Views
120
Current Estimated Value
$100,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,902
Avg. Annual Appreciation
74.03%
Original Mortgage
$32,000
Outstanding Balance
$31,419
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$69,483

Purchase Details

Closed on
Jun 10, 1998
Bought by
Vandeventer Phyleta Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Tippet Mark $40,000 None Available
Vandeventer Phyleta Ann -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Tippet Mark $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $40,000 -10.9% $26 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $44,900 -10.0% $30 / Sq Ft
06/19/2024 06/19/24 For Sale $49,900 -- $33 / Sq Ft
Source: RMLS Alliance

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
2025 $3,059 $18,333 $7,870 $10,463
2024 $3,059 $33,820 $7,420 $26,400
2023 $1,770 $31,310 $6,870 $24,440
2022 $1,770 $29,200 $6,410 $22,790
2021 $1,670 $28,110 $6,170 $21,940
2020 $1,448 $28,110 $6,170 $21,940
2019 $1,617 $27,560 $6,050 $21,510
2018 $1,267 $26,500 $5,820 $20,680
2017 $1,260 $26,500 $5,820 $20,680
2016 $1,229 $26,810 $5,890 $20,920
2015 $1,361 $27,360 $5,670 $21,690
2014 $1,361 $27,360 $5,670 $21,690
2013 $1,361 $25,250 $5,230 $20,020
2012 $1,361 $25,620 $5,310 $20,310
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1029909

RMLS Alliance

APN: 12-350-009-00

Your Personal Tour Guide

Ask me questions while you tour the home.