NOT LISTED FOR SALE

515 N Mclean St Lincoln, IL 62656

Estimated Value: $170,000 - $197,535

5 Beds
1 Bath
2,110 Sq Ft
$88/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $157,500 $75 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,316/month

1 Day on Market

Highlights

  • Fenced Yard
  • Patio
  • Ceiling Fan
  • Porch
  • Water Softener is Owned
  • 5-minute walk to Latham Park

About This Home

As of November 2021

Breathtaking two story 5 bedroom, 1.5 bath stucco home with SUCH character! Main floor boasts a gracious foyer with an open staircase and classy columns, large living room with wood beamed ceilings and a central woodburning fireplace, roomy formal dining room with tasteful wood accents, stunning equipped kitchen with newly installed quartz countertops, new flooring, and an adjacent breakfast nook, an updated hall half bath, and a quaint den/bedroom. Upstairs, you will find a large landing, four additional bedrooms -- all with wood flooring, and a beautifully updated full hall bath with a double vanity and walk-in shower. Property also features a large full basement with interior and exterior access points, a great rear patio, AMAZING covered front porch with three ceiling fans, privacy fenced backyard (one front section has been removed), 2+ car detached garage with alley access, poured front off-street parking pad, architectural roof -- WOW! At this price, you had better ACT QUICKLY!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 10/11/2021

Last Buyer's Agent

Mike McGee

Sangamon Property Group, LLC License #475155998

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,517

Year Built

  • Built in 1887

Lot Details

  • 9,148

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Fenced Yard
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,517

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Legal Description: 8-1978 NE 60 ft of SW 80 ft lot 4 block 11 Latham's 2nd Addn to Lincoln.
  • Lvt Date: 10/11/2021
  • Year Built: 1887
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave Oven, Range/Oven, Refrigerator, Water Softener - Owned, Washer, Dryer
  • Fireplace: Wood Burning, Living Room
  • Interior Amenities: Blinds, Ceiling Fan
  • Number Fireplaces: 1
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 5
  • Master Bedroom: Dimensions: 11x10, On Level: Main, Flooring: Vinyl
  • Basement Foundation: Brick, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 13x13, On Level: Upper, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 12x12, On Level: Upper, Flooring: Hardwood
  • Bedroom 3 Egress Window: Yes
  • Bedroom 4: Dimensions: 11x10, On Level: Upper, Flooring: Hardwood
  • Bedroom 4 Egress Window: Yes
  • Bedroom 5: Dimensions: 10x9, On Level: Upper, Flooring: Hardwood
  • Bedroom 5 Egress Window: Yes
  • Formal Dining Room: Dimensions: 16x15, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 13x12, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining Formal, Dining Informal
  • Laundry: On Level: Basement
  • Living Room: Dimensions: 16x21, On Level: Main, Flooring: Hardwood
  • Total Basement Sq Ft: 960
  • Price Per Sq Ft: 74.64
  • Finished Sq Ft: 2110
  • Total Sq Ft: 2110
  • Finished Main Level Sq Ft: 1150
  • Upper Level Finished Sq Ft: 960

Exterior Features

  • Exterior: Stucco
  • Exterior Amenities: Fenced Yard, Patio, Porch
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, Parking Slab, Alley
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Estimated Lot Size: 60X150
  • Lot Description: Level
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 3516.86
  • Parcel Id Number Tax Id: 08-250-098-00
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

MLS Schools

  • High School School District: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 24, 2021
Sold by
Cunningham Kathleen
Bought by
Arnone Jack
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Mike McGee
Sangamon Property Group, LLC
List Price
$149,900
Sold Price
$157,500
Premium/Discount to List
$7,600
5.07%
Current Estimated Value
$184,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,134
Avg. Annual Appreciation
4.04%
Original Mortgage
$107,500
Outstanding Balance
$98,898
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$85,736

Purchase Details

Closed on
Dec 28, 2010
Sold by
Higgerson Kenneth J and Hake Andrea C
Bought by
Cunningham Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.53%
Mortgage Type
Stand Alone First
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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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
Arnone Jack $157,500 None Available
Cunningham Kathleen $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnone Jack $107,500
Previous Owner Cunningham Kathleen $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $157,500 +5.1% $75 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $149,900 -- $71 / 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 $4,094 $50,660 $6,980 $43,680
2023 $3,868 $46,900 $6,460 $40,440
2022 $3,733 $43,830 $6,040 $37,790
2021 $3,572 $42,080 $5,800 $36,280
2020 $3,517 $41,450 $5,710 $35,740
2019 $3,431 $40,640 $5,600 $35,040
2018 $3,393 $39,840 $5,490 $34,350
2017 $3,373 $39,840 $5,490 $34,350
2016 $3,285 $39,800 $5,480 $34,320
2015 $2,393 $30,670 $5,570 $25,100
2014 $2,393 $30,670 $5,570 $25,100
2013 $2,393 $29,120 $5,290 $23,830
2012 $2,393 $29,650 $5,390 $24,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1010528

RMLS Alliance

APN: 08-250-098-00