NOT LISTED FOR SALE

516 N Monroe St Lincoln, IL 62656

Estimated Value: $74,000 - $97,682

2 Beds
1 Bath
842 Sq Ft
$103/Sq Ft Est. Value

Last Sold October 21, 2013

Last sale price $37,000 $44 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $589/month

70 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Central Heating
  • Northwest Elementary School Rated 9+
  • Agricultural

About This Home

As of October 2013

SUPER CUTE RANCH STYLE HOME. ALL NEW FLOORING AND FRESHLY PAINTED. NICE OVER SIZED 2 CAR DETACHED GARAGE AND ATTACHED CARPORT. REAR DECK AND SMALL OUTBUILDING FOR STORAGE. LOAN PRE-APPROVAL OR PROOF OF CASH FUNDS NEEDED WITH ALL OFFERS. PROPERTY TO BE SOLD AS-IS, WHERE-IS. NO OFFERS WILL BE CONSIDERED THE FIRST 7 CALENDAR DAYS HOME IS ON THE MARKET. DAYS 8-15 ONLY OFFERS FROM NSP, MUNICIPALITIES, NON PROFIT & OWNER OCCUPANTS. AFTER DAY 16 OFFERS FROM ALL BUYERS CONSIDERED.

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1960

Lot Details

  • 0.26

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 842 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lincoln Elementary And Middle School
  • Lincoln High School

Utilities

  • Central Heating
  • Heating System Uses Gas

Additional Features

  • Lot Dimensions are 80x140
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 1264505600

Home Details

Home Type

Single Family

Est. Annual Taxes

$822

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Architectural Style: Ranch
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Lot Features: Agricultural
  • Construction Type: Modular, Other, Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Garage Yn: Yes
  • Parking Features: Detached

Utilities

  • Heating: Gas, Central Air
  • Water Source: Public, Public Sewer

Schools

  • Elementary School: Lincoln
  • High School: Lincoln
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: Residential
  • Lot Size: 80x140
  • Parcel #: 1264505600

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 822

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Oct 15, 2013
Sold by
Us Bank National Association
Bought by
Newman Gary and Newman Karen
Buyer's Agent
Seth Goodman
ME Realty
List Price
$54,900
Sold Price
$37,000
Premium/Discount to List
-$17,900
-32.6%
Current Estimated Value
$86,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,421
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Apr 25, 2013
Bought by
Us Bank National Association and Citigroup Mortgage Loan Trust 2007-Wfhe2
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
Newman Gary $37,000 --
Us Bank National Association -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2013 10/21/13 Sold $37,000 -32.6% $44 / Sq Ft
10/04/2013 10/04/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $54,900 -- $65 / 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 $1,616 $23,870 $7,160 $16,710
2023 $1,501 $22,100 $6,630 $15,470
2022 $1,420 $20,600 $6,180 $14,420
2021 $1,935 $19,830 $5,950 $13,880
2020 $1,939 $19,830 $5,950 $13,880
2019 $1,898 $19,440 $5,830 $13,610
2018 $1,256 $18,700 $5,610 $13,090
2017 $1,249 $18,700 $5,610 $13,090
2016 $1,239 $18,920 $5,680 $13,240
2015 $1,027 $17,390 $5,940 $11,450
2014 $1,027 $17,390 $5,940 $11,450
2013 $1,027 $16,050 $5,480 $10,570
2012 $1,027 $16,280 $5,560 $10,720
Source: Public Records

Agents Affiliated with this Home

  • Seth Goodman

    Buyer's Agent in 2013

    Seth Goodman

    ME Realty

    (217) 737-3742

    949 in this area

    1,860 Total Sales

    Seth Goodman
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA20130415

RMLS Alliance

APN: 12-645-056-00

Illinois Logan County Lincoln 62656

516 N Monroe St, Lincoln, IL

Not Listed for Sale

Detached

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