NOT LISTED FOR SALE

574 S Elm St Lincoln, IL 62656

Estimated Value: $65,000 - $103,656

3 Beds
1 Bath
1,472 Sq Ft
$60/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $47,500 $32 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $637/month

5 Days on Market

Highlights

  • Deck
  • Porch
  • Shed
  • Central Elementary School Rated A-
  • Bungalow
  • Ceiling Fan

About This Home

As of June 2021

So much space for the $$ offered with this TWO OWNER home! Spacious 3 bedroom expanded bungalow style home situated on an extra large irregular lot with various mature trees and a storage shed. Inside, you will find a roomy 10X10 foyer complete with a built-in, a nice sized living room, spacious kitchen/dining concept with great floor space, adjacent pantry, and range/oven to remain, three comfortable bedrooms, office/den area with adjacent shower room, main floor laundry facilities -- washer/dryer also to remain with property upon settlement, a large hall full bath with a corner shower, and an enclosed back porch that provides access to the basement in addition to a rear exterior access point. Property also features a maintenance free vinyl sided exterior, enclosed rear patio, some newer vinyl windows, large usable basement, newer covered front porch, one car detached garage, and much more at a super practical price! Own for less than rent with this residential dwelling!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 04/28/2021

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 04/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,820

Year Built

  • Built in 1948

Lot Details

  • 0.54

Parking

  • Garage

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan
  • Replacement Windows
  • Blinds
  • Oven or Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,820

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: 12-3512 EX NE 25 ft lot 8 Frisch's Sub Div of pt lot 1 of Moritz Storch's Sub Div.
  • Lvt Date: 04/28/2021
  • Year Built: 1948
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Oven, Washer
  • Interior Amenities: Blinds, Ceiling Fan
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13x15, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Block, Brick
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 13x12, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 12x13, On Level: Main, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Kitchen: Dimensions: 13x20, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Laundry: Dimensions: 6x5, On Level: Main, Flooring: Vinyl
  • Living Room: Dimensions: 16x12, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 924
  • Additional Room 1: Dimensions: 10x10, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 32.27
  • Finished Sq Ft: 1472
  • Total Sq Ft: 1472
  • Finished Main Level Sq Ft: 1472

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Deck, Porch, Replacement Windows, Shed
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

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

Lot Info

  • Estimated Lot Size: 149X159
  • Lot Description: Level
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1819.56
  • Parcel Id Number Tax Id: 12-691-008-50
  • Tax Year: 2020

MLS Schools

  • High School School District: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 9, 2021
Sold by
Manson Lisa K
Bought by
Altman David Wayne
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$52,500
Sold Price
$47,500
Premium/Discount to List
-$5,000
-9.52%
Current Estimated Value
$88,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,164
Avg. Annual Appreciation
14.98%
Original Mortgage
$42,750
Outstanding Balance
$38,705
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$49,959

Purchase Details

Listed on
Sep 23, 2014
Closed on
Nov 18, 2014
Sold by
Goetsch Donna L
Bought by
Mason Joe E and Mason Lisa K
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$55,000
Sold Price
$44,000
Premium/Discount to List
-$11,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.18%
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
Altman David Wayne $47,500 None Available
Mason Joe E $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altman David Wayne $42,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2021 06/09/21 Sold $47,500 -9.5% $32 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $52,500 +19.3% $36 / Sq Ft
11/26/2014 11/26/14 Sold $44,000 -20.0% -- View Prior Sale
10/29/2014 10/29/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $55,000 -- --
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 $2,023 $22,370 $2,330 $20,040
2023 $1,932 $20,720 $2,160 $18,560
2022 $1,879 $19,320 $2,010 $17,310
2021 $1,816 $18,610 $1,940 $16,670
2020 $1,820 $18,610 $1,940 $16,670
2019 $1,781 $18,240 $1,900 $16,340
2018 $1,734 $17,540 $1,830 $15,710
2017 $1,692 $17,210 $1,830 $15,380
2016 $1,670 $17,410 $1,850 $15,560
2015 $301 $15,870 $2,030 $13,840
2014 $301 $15,870 $2,030 $13,840
2013 $301 $14,640 $1,870 $12,770
2012 $301 $14,860 $1,900 $12,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1006640

RMLS Alliance

APN: 12-691-008-50