$75,000
SOLD NOV 1, 2024

602 Oglesby Ave Lincoln, IL 62656

2 Beds
2 Baths
1,316 Sq Ft
-- Built

Recently Sold

$57 Per Sq Ft

12% Below List Price

110 Days on Market

Highlights

  • 2 Car Attached Garage
  • Bungalow
  • Ceiling Fan
  • Central Elementary School Rated A-
  • Forced Air Heating System
  • Level Lot

About This Home

As of November 2024

All you need to make this two bedroom, two bath home a masterpiece again is a little tender loving care and your decorating skills! Located on a large corner lot with all amenities just a few blocks away. Partial basement currently houses laundry area and all mechanicals. Has both, an eat-in kitchen as well as a living/dining combo. Two bedrooms with a full bath between them, in addition to a full hall bath. A large two car attached garage as well as a 18x22 workshop allow for ample storage space, man cave or many other possible uses. This home has been in the same family for so many years, but now is time to allow someone else the opportunity to restore and enjoy it as much as they have. Personal property & debris will be removed prior to closing.

Last Agent to Sell the Property

Diane Schriber

ME Realty License #471004911 Listed on: 05/24/2024

Last Buyer's Agent

Andrew Meister

Keller Williams Capital License #475168828

Keller Williams Capital

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Lot Details

  • Lot Dimensions are 40x150
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12-603-016-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • New Construction: No
  • PricePerSqFt: 56.99
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven
  • Basement: Crawl Space, Partial, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Cable Available, Ceiling Fan(s), Garage Door Opener(s)
  • Living Area: 1316
  • TotalBasementSqFt: 700
  • KitchenDining: Dining/Living Combo,Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Curbs & Gutters, Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Curbs & Gutters, On Street, Paved

Utilities

  • Heating: Forced Air, Central Air, Wall Unit(s)
  • 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: 40x150
  • Parcel #: 12-603-016-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2566.48
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Oct 28, 2024
Sold by
Shaffer Shaney E and Rice Karen
Bought by
Schoenherr James and Schoenherr Jessica
Seller's Agent
Diane Schriber
ME Realty
Buyer's Agent
Andrew Meister
Keller Williams Capital
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Total Days on Market
110
Views
79
Current Estimated Value
$72,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,500
Original Mortgage
$60,000
Outstanding Balance
$59,643
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2002
Bought by
Shaffer, Orvil E Life Estate
Source: Public Records

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Range of Values:

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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 $75,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $75,000 -11.8% $57 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $85,000 -- $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
2023 $1,426 $27,520 $3,800 $23,720
2022 $1,426 $25,660 $3,540 $22,120
2021 $1,338 $24,710 $3,410 $21,300
2020 $782 $24,710 $3,410 $21,300
2019 $1,291 $24,220 $3,340 $20,880
2018 $1,215 $23,290 $3,210 $20,080
2017 $787 $23,290 $3,210 $20,080
2016 $470 $23,570 $3,250 $20,320
2015 $899 $22,520 $3,370 $19,150
2014 $899 $22,520 $3,370 $19,150
2013 $899 $20,780 $3,110 $17,670
2012 $899 $21,090 $3,160 $17,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1029430

RMLS Alliance

APN: 12-603-016-00