NOT LISTED FOR SALE

518 College Ave Lincoln, IL 62656

Estimated Value: $158,992 - $198,000

4 Beds
2 Baths
-- Sq Ft
0.28 Acres

Last Sold March 01, 2021

Last sale price $106,000

Est. 69% increase in value since last sale

Current estimated payment $1,225/month

411 Days on Market

Highlights

  • Deck
  • Porch
  • Ceiling Fan
  • Central Elementary School Rated A-
  • Water Softener is Owned
  • Garage

About This Home

As of March 2021

Classic 1862 constructed 4 bedroom, 2 full bath aluminum sided two story charmer situated in the heart of historic Lincoln, Illinois amongst other regal properties tucked amongst various mature shade trees. Main floor of home features a bright and airy living room, comfortable family room with a center fireplace complete with adjacent built-ins, gracious formal dining room with ample space to accommodate a large table and chairs, generous equipped rear kitchen with an exterior access point, bedroom area, and a full bath (accessible from bedroom area in addition to kitchen area). Upstairs, you will find three additional bedrooms -- one is quaint and features neat built-ins -- an additional bedroom has been totally renovated in recent years and features new drywall along with newer vinyl windows. A full hall bath rounds out the upper level and boasts charming built-ins. Property also features a large basement with both interior as well as exterior access points, covered front porch, gene

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 12/06/2019

Last Buyer's Agent

Chris Ciaccio

ME Realty License #475159972

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 1862

Lot Details

  • 0.28

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

  • Water Softener is Owned

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$2,773

Year Built

Built in 1862

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 12/06/2019
  • Year Built: 1862
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave Oven, Refrigerator, Range/Oven, Washer, Water Softener - Owned
  • Interior Amenities: Garage Door Opener(s), Ceiling Fan, Window Coverings
  • Number Fireplaces: 1
  • Total Full Baths: 2
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 13x13, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Brick, Full, Unfinished
  • Bedroom 2: Dimensions: 16x13, On Level: Upper, Flooring: Hardwood
  • Bedroom 3: Dimensions: 13x13, On Level: Upper, Flooring: Hardwood
  • Bedroom 4: Dimensions: 7x8, On Level: Upper, Flooring: Hardwood
  • Family Room: Dimensions: 17x15, On Level: Main, Flooring: Hardwood
  • Formal Dining Room: On Level: Main, Flooring: Hardwood
  • Informal Dining Room: Dimensions: 15x12
  • Kitchen: Dimensions: 15x11, On Level: Main, Flooring: Hardwood
  • Kitchen Dining: Dining Formal
  • Laundry: On Level: Lower
  • Living Room: Dimensions: 14x16, On Level: Main, Flooring: Hardwood
  • Price Per Sq Ft: 52.06
  • Total Sq Ft: 2036
  • Finished Main Level Sq Ft: 1220
  • Upper Level Finished Sq Ft: 816

Exterior Features

  • Exterior: Aluminum Siding
  • Exterior Amenities: Deck, Porch
  • Roofing: Shingles
  • Construction Type: Modular, Other

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes

Utilities

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

Schools

  • Elementary School: Lincoln Elementary School District #27

Lot Info

  • Estimated Lot Size: 80X155
  • Lot Description: Wooded
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2773.38
  • Parcel Id Number Tax Id: 08-230-024-00
  • Tax Year: 2019

MLS Schools

  • High School School District: Lincoln
  • Middle School: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
Mar 1, 2021
Sold by
Wilkinson Wayne A and Wilkinson Stephanie
Bought by
Hudson Alex S
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Chris Ciaccio
ME Realty
List Price
$114,500
Sold Price
$106,000
Premium/Discount to List
-$8,500
-7.42%
Current Estimated Value
$179,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,248
Avg. Annual Appreciation
11.72%
Original Mortgage
$105,025
Outstanding Balance
$94,147
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$85,101

Purchase Details

Closed on
Jul 15, 2011
Sold by
Mayfield Jeffrey W and Mayfield Melinda A
Bought by
Wilkinson Wayne A and Wilkinson Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,453
Interest Rate
4.52%
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
Hudson Alex S $106,000 None Available
Wilkinson Wayne A $102,580 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Alex S $105,025
Previous Owner Wilkinson Wayne A $103,453
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $106,000 -7.4% --
01/20/2021 01/20/21 Pending -- -- --
12/06/2019 12/06/19 For Sale $114,500 -- --
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 $3,335 $42,380 $9,430 $32,950
2023 $3,143 $39,240 $8,730 $30,510
2022 $3,026 $36,670 $8,160 $28,510
2021 $2,891 $35,200 $7,830 $27,370
2020 $2,845 $34,680 $7,710 $26,970
2019 $2,773 $34,000 $7,560 $26,440
2018 $2,740 $33,330 $7,410 $25,920
2017 $2,724 $33,330 $7,410 $25,920
2016 $2,652 $33,290 $7,400 $25,890
2015 $2,279 $29,510 $7,460 $22,050
2014 $2,279 $29,510 $7,460 $22,050
2013 $2,279 $28,010 $7,080 $20,930
2012 $2,279 $28,520 $7,210 $21,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA20190615

RMLS Alliance

APN: 08-230-024-00