NOT LISTED FOR SALE

603 4th St Lincoln, IL 62656

Estimated Value: $157,000 - $218,000

4 Beds
4 Baths
3,002 Sq Ft
$60/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $85,000 $28 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,370/month

405 Days on Market

About This Home

As of August 2022

513 SOUTH COLLEGE STREET..2 Story.. 3 BEDROOM/ 1 BATHROOM HOUSE SITS BEHIDE THE 4-PLEX ..RENT $485.00 A MONTH... TENANT PAYS GAS, ELECTRIC AND WATER...SELLER OWNS STOVE AND FRIG...NO CENTRAL AIR.

Last Agent to Sell the Property

Veronica Hasprey

Werth & Assoc, REALTORS License #475138160 Listed on: 05/22/2021

Last Buyer's Agent

Ty Tucker

ME Realty License #475185836

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1935

Lot Details

  • 9,540

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Schools

  • Lincoln Comm District #404 High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,372

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Lot145 Lincoln hill
  • Lvt Date: 05/22/2021
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Basement: Unfinished
  • Price Per Sq Ft: 28.31
  • Total Sq Ft: 3002

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air
  • Water Sewer: Community Water System, Public Sewer
  • Garbage Collection Exp: 960
  • Gas Expense: 1800
  • Number Window Units: 1

Schools

  • High School: Lincoln Comm District #404

Lot Info

  • Estimated Lot Size: 80x153
  • Lot Description: Corner
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 27420

Tax Info

  • Annual Taxes: 2372
  • Parcel Id Number Tax Id: 1235514550
  • Tax Year: 2019

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 27420
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
Huston Chase
Bought by
Watson Greg
Current Estimated Value
$180,488

Purchase Details

Listed on
May 22, 2021
Closed on
Aug 3, 2022
Sold by
Diana Alice Hasprey Trust
Bought by
Huston Chase A
Seller's Agent
Veronica Hasprey
Werth & Assoc, REALTORS
Buyer's Agent
Ty Tucker
ME Realty
List Price
$115,900
Sold Price
$85,000
Premium/Discount to List
-$30,900
-26.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.55%
Original Mortgage
$68,000
Interest Rate
5.25%
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
Watson Greg $150,000 Ptax
Huston Chase A $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huston Chase A $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $85,000 -26.7% $28 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $115,900 +36.4% $39 / Sq Ft
01/01/2022 01/01/22 Off Market $85,000 -- --
11/05/2021 11/05/21 Price Changed $115,900 -10.8% $39 / Sq Ft
05/22/2021 05/22/21 For Sale $129,900 -- $43 / 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 $5,002 $55,310 $6,660 $48,650
2023 $2,503 $51,220 $6,170 $45,050
2022 $2,503 $25,740 $5,750 $19,990
2021 $2,419 $24,790 $5,540 $19,250
2020 $2,424 $24,790 $5,540 $19,250
2019 $2,372 $24,300 $5,430 $18,870
2018 $2,310 $23,360 $5,220 $18,140
2017 $2,297 $23,360 $5,220 $18,140
2016 $2,267 $23,630 $5,280 $18,350
2015 $2,132 $22,770 $5,090 $17,680
2014 $2,132 $22,770 $5,090 $17,680
2013 $2,132 $21,020 $4,700 $16,320
2012 $2,132 $21,330 $4,770 $16,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1007248

RMLS Alliance

APN: 12-355-145-50