NOT LISTED FOR SALE

701 N Sherman St Lincoln, IL 62656

Estimated Value: $94,000 - $109,000

3 Beds
1 Bath
1,076 Sq Ft
$96/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $84,000 $78 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $732/month

19 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Bungalow
  • No HOA
  • Eat-In Kitchen
  • Shed

About This Home

As of May 2023

Move in Ready!! At 701 N Sherman St, you find a 3 bedroom, 1 bath corner lot, updated home. Hardwood floors in living, dining, all 3 bedrooms. With one of the bedrooms having a new solid bamboo floor. Kitchen, laundry and bathroom have new vinyl flooring. Kitchen comes with new Whirlpool refrigerator, New Criterion Microwave, and a new gas 5 burner Whirlpool range/oven. New roof 2022. New 18,000 BTU split unit heat/ac. New baseboard heat in all three bedrooms. New inside water lines, bathroom has been remodeled, as well as kitchen. There is a new Barracuda sump pump in basement. Updated 30 gallon gas water heater. New front and rear entryway doors. All new light fixtures, outlets and switches. There is a storage shed and rear parking in back yard. Come check out this recently renovated home.

Last Agent to Sell the Property

Tena Schneider

IN BETWEEN OFFICES License #471002481 Listed on: 02/08/2023

Last Buyer's Agent

Out of Area Out of Area

OUT OF AREA FIRM License #475085083

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,605

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 39 x 150
  • Corner Lot
  • Level Lot

Home Design

  • Bungalow
  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Schools

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

Utilities

  • Baseboard Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0825512600

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,605

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Architectural Style: Bungalow
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Basement: Partial, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1076
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Alley, Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch, Shed(s)
  • Foundation Details: Block, Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Other

Utilities

  • Heating: Electric, Baseboard, Gas Water Heater
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: 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: 39 x 150
  • Parcel #: 0825512600

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1604.96
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
May 8, 2023
Sold by
Hild Kevin L
Bought by
Bozarth Matthew
Seller's Agent
Tena Schneider
IN BETWEEN OFFICES
Buyer's Agent
Out of Area Out of Area
OUT OF AREA FIRM
List Price
$89,890
Sold Price
$84,000
Premium/Discount to List
-$5,890
-6.55%
Views
69
Current Estimated Value
$103,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,166
Avg. Annual Appreciation
8.36%
Original Mortgage
$82,478
Outstanding Balance
$80,473
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$22,693

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 17, 2021
Sold by
Palmer Gerald A
Bought by
Hild Kevin L
Seller's Agent
Tena Schneider
IN BETWEEN OFFICES
Buyer's Agent
Tena Schneider
IN BETWEEN OFFICES
List Price
$12,000
Sold Price
$7,500
Premium/Discount to List
-$4,500
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
475.84%

Purchase Details

Listed on
Sep 13, 2013
Closed on
Oct 23, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Palmer Gerald A
Seller's Agent
Diane Schriber
ME Realty
Buyer's Agent
Diane Schriber
ME Realty
List Price
$22,000
Sold Price
$22,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.36%
Original Mortgage
$17,600
Interest Rate
5.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 5, 2013
Sold by
Logan County Sheriff
Bought by
Jpmorgan Chase Bank National Association
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
Bozarth Matthew $84,000 None Available
Hild Kevin L $7,500 None Available
Palmer Gerald A $22,000 --
Jpmorgan Chase Bank National Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bozarth Matthew $82,478
Previous Owner Palmer Gerald A $17,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2023 05/08/23 Sold $84,000 -6.6% $78 / Sq Ft
02/08/2023 02/08/23 For Sale $89,890 +1098.5% $84 / Sq Ft
12/20/2021 12/20/21 Sold $7,500 -37.5% $8 / Sq Ft View Prior Sale
11/19/2021 11/19/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $12,000 -45.5% $12 / Sq Ft
10/24/2013 10/24/13 Sold $22,000 0.0% -- View Prior Sale
09/16/2013 09/16/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $22,000 -- --
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 $2,241 $30,450 $4,150 $26,300
2023 $662 $28,190 $3,840 $24,350
2022 $662 $6,710 $3,590 $3,120
2021 $1,605 $16,210 $3,770 $12,440
2020 $1,584 $15,970 $3,710 $12,260
2019 $1,551 $15,660 $3,640 $12,020
2018 $1,539 $15,350 $3,570 $11,780
2017 $1,530 $15,350 $3,570 $11,780
2016 $1,491 $15,340 $3,570 $11,770
2015 $843 $14,820 $3,400 $11,420
2014 $843 $14,820 $3,400 $11,420
2013 $843 $14,070 $3,230 $10,840
2012 $843 $14,330 $3,290 $11,040
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tena Schneider

    IN BETWEEN OFFICES

    Section Image

  • O

    Buyer's Agent in 2023

    Out of Area Out of Area

    OUT OF AREA FIRM

  • Diane Schriber

    Seller's Agent in 2013

    Diane Schriber

    ME Realty

    (217) 737-7770

    65 in this area

    95 Total Sales

    Diane Schriber
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1020474

RMLS Alliance

APN: 08-255-126-00

Illinois Logan County Lincoln 62656

701 N Sherman St, Lincoln, IL

Not Listed for Sale

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