$110,000
SOLD MAR 14, 2025

518 7th St Lincoln, IL 62656

3 Beds
2.5 Baths
1,896 Sq Ft
0.35 Acres

Recently Sold

$58 Per Sq Ft

12% Below List Price

59 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Level Lot
  • Central Elementary School Rated A-
  • Ceiling Fan
  • Wood Siding

About This Home

As of March 2025

A lovely vintage Victorian home! Beautiful woodwork - open stairway! Beautiful custom kitchen with cherry cabinets. Laundry on the main floor off the kitchen. Master suite on the and floor. Den/office on the main floor could be a 4th bedroom. Situated on a quiet tree-lined street on a spacious double lot. Roof and furnace new in 2012. Garage built in 2005. This is a great family home!

Last Agent to Sell the Property

Veronica Hasprey

Werth & Assoc, REALTORS Brokerage Phone: 217-735-3411 License #475138160 Listed on: 12/23/2024

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,137

Year Built

  • Built in 1892

Lot Details

  • Lot Dimensions are 80 x 190
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,896 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Lincoln Jr High Middle School
  • Lincoln Comm District #404 High School

Additional Features

  • Porch
  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 12-350-007-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,137

Year Built

Built in 1892

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1892
  • Architectural Style: Two Story
  • New Construction: No
  • Attribution Contact: Phone: 217-735-3411
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 1896
  • KitchenDining: Breakfast Bar,Dining Formal,Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

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

Utilities

  • Heating: Gas
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Lincoln Elementary School District #27
  • High School: Lincoln Comm District #404
  • Middle Or Junior School: Lincoln Jr High

Lot Info

  • Lot Size: 80 x 190
  • Parcel #: 12-350-007-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2136.56
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2024
Closed on
Mar 14, 2025
Sold by
Hasprey Keith and Hasprey Veronica
Bought by
Whicker Christopher W
Seller's Agent
Veronica Hasprey
Werth & Assoc, REALTORS
Buyer's Agent
Seth Goodman
ME Realty
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Views
187
Current Estimated Value
$121,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,248
Avg. Annual Appreciation
12.77%
Original Mortgage
$24,000
Outstanding Balance
$23,879
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$97,369

Purchase Details

Closed on
Jan 31, 2003
Bought by
Hasprey Keith and Hasprey Veronica
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 Type Sale Price Title Company
Warranty Deed $110,000 None Available
Deed $46,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $24,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $110,000 -12.0% $58 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
12/23/2024 12/23/24 For Sale $125,000 -- $66 / 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 $2,281 $31,220 $10,820 $20,400
2023 $2,137 $28,910 $10,020 $18,890
2022 $2,038 $26,950 $9,340 $17,610
2021 $1,947 $25,950 $8,990 $16,960
2020 $1,951 $25,950 $8,990 $16,960
2019 $2,484 $25,440 $8,810 $16,630
2018 $1,825 $24,460 $8,470 $15,990
2017 $1,815 $24,460 $8,470 $15,990
2016 $1,799 $24,750 $8,570 $16,180
2015 $1,988 $27,660 $8,260 $19,400
2014 $1,988 $27,660 $8,260 $19,400
2013 $1,988 $25,520 $7,620 $17,900
2012 $1,988 $25,890 $7,730 $18,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1033647

RMLS Alliance

APN: 12-350-007-00