NOT LISTED FOR SALE

520 Lincoln Ave Lincoln, IL 62656

Estimated Value: $86,000 - $105,974

2 Beds
1 Bath
948 Sq Ft
$102/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $72,100 $76 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $654/month

34 Days on Market

Highlights

  • Porch
  • Patio
  • Ceiling Fan
  • Central Elementary School Rated A-
  • Bungalow
  • Garage

About This Home

As of May 2021

Darling two bedroom turn key aluminum sided bungalow style home situated on Lincoln Avenue close to various amenities -- CUTE! The comfortable interior boasts a large living/dining combination with great floor space and abundant natural light, two roomy bedrooms, an efficient equipped eat-in kitchen with newer vinyl flooring and an adjacent enclosed quaint back porch, laundry room area with adjacent mechanicals, and a full bath with a tasteful newer tiled bathtub surround (2020). Property also features a full basement (exterior access only), covered front porch, rear concrete patio, two car detached garage with side alley access, newer architectural roof on house (2013), water heater (2014), central air conditioning (added in 2019), vinyl replacement windows throughout (2020), newer interior blinds, fresh paint/floor coverings throughout -- OWN FOR LESS THAN RENT! Call your agent of choice right away to view 520 Lincoln Avenue, Lincoln!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 02/02/2021

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 02/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,967

Year Built

  • Built in 1910

Lot Details

  • 8,712

Parking

  • Garage

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan
  • Oven or Range

Outdoor Features

  • Patio
  • Porch

Schools

  • Lincoln Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,967

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: 8-1714 NW 80 ft of SW 110 ft lot 4 block 9 Wyatt & Latham's 2nd Addn to Lincoln.
  • Lvt Date: 03/04/2021
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range/Oven
  • Interior Amenities: Ceiling Fan
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 13x12, On Level: Main, Flooring: Carpet
  • Basement Foundation: Brick, Full, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 13x12, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Informal Dining Room: Dimensions: 14x12, On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 13x10, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining/Living Combo, Eat-In Kitchen
  • Laundry: Dimensions: 6x8, On Level: Main, Flooring: Vinyl
  • Living Room: Dimensions: 15x12, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 948
  • Price Per Sq Ft: 76.05
  • Finished Sq Ft: 948
  • Total Sq Ft: 948
  • Finished Main Level Sq Ft: 948

Exterior Features

  • Exterior: Aluminum Siding
  • Exterior Amenities: Patio, Porch
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Of Garage Remotes: 1

Utilities

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

Schools

  • Elementary School: Lincoln

Lot Info

  • Estimated Lot Size: 80x110
  • Lot Description: Level
  • Zoning: Residential
  • Subdivision: Lincoln
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1967.12
  • Parcel Id Number Tax Id: 08-230-089-00
  • 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
Feb 2, 2021
Closed on
May 19, 2021
Sold by
Thomas Ricky and Thomas Jessica
Bought by
Poulos George L
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$69,900
Sold Price
$72,100
Premium/Discount to List
$2,200
3.15%
Current Estimated Value
$96,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,644
Avg. Annual Appreciation
6.71%
Original Mortgage
$70,793
Outstanding Balance
$63,954
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$32,790

Purchase Details

Closed on
Sep 30, 2016
Sold by
Jp Morgan Chase Bank
Bought by
Thomas Ricky and Thomas Jessica

Purchase Details

Listed on
Dec 23, 2015
Closed on
Feb 26, 2016
Sold by
Goodman Seth A
Bought by
Thomas Ricky and Thomas Jessica
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Chynna Farmer
ME Realty
List Price
$49,000
Sold Price
$49,000

Home Financials for this Owner

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

Purchase Details

Listed on
May 11, 2014
Closed on
Nov 21, 2014
Sold by
Eimer Patricia M
Bought by
Goodman Seth A
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Amy Butler
Werth & Assoc, REALTORS
List Price
$59,900
Sold Price
$51,000
Premium/Discount to List
-$8,900
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.10%
Original Mortgage
$40,800
Interest Rate
4.25%
Mortgage Type
New Conventional
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
Poulos George L $72,500 None Available
Thomas Ricky $37,500 --
Thomas Ricky $49,000 --
Goodman Seth A $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poulos George L $70,793
Previous Owner Goodman Seth A $40,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2021 05/19/21 Sold $72,100 +3.1% $76 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $69,900 +42.7% $74 / Sq Ft
02/26/2016 02/26/16 Sold $49,000 0.0% -- View Prior Sale
12/23/2015 12/23/15 Pending -- -- --
12/23/2015 12/23/15 For Sale $49,000 -3.9% --
11/21/2014 11/21/14 Sold $51,000 -14.9% -- View Prior Sale
10/26/2014 10/26/14 Pending -- -- --
05/11/2014 05/11/14 For Sale $59,900 -- --
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 $1,718 $24,740 $8,280 $16,460
2023 $1,599 $22,910 $7,670 $15,240
2022 $1,521 $21,410 $7,170 $14,240
2021 $2,035 $20,550 $6,880 $13,670
2020 $2,009 $20,250 $6,780 $13,470
2019 $1,967 $19,860 $6,650 $13,210
2018 $1,952 $19,470 $6,520 $12,950
2017 $1,941 $19,470 $6,520 $12,950
2016 $1,890 $19,450 $6,510 $12,940
2015 -- $18,840 $6,390 $12,450
2014 -- $18,840 $6,390 $12,450
2013 -- $17,890 $6,070 $11,820
2012 -- $18,210 $6,180 $12,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1005282

RMLS Alliance

APN: 08-230-089-00