NOT LISTED FOR SALE

703 8th St Lincoln, IL 62656

Estimated Value: $57,000 - $92,000

2 Beds
1 Bath
924 Sq Ft
$77/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $35,000 $38 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $451/month

54 Days on Market

Highlights

  • Wooded Lot
  • Porch
  • Patio
  • Corner Lot
  • Attached Garage
  • Bungalow

About This Home

As of January 2020

Solid well built bungalow. Newer kitchen with ceramic flooring. . Original hardwood under some flooring. 200 amp box. Large open attic could be finished for extra room. Big front covered porch. Over sized 2 car garage heated and workshop area. Screened area for entertaining bug free. A great starter home to decorate to your own choosing. Corner lot. Low taxes. Cheaper than rent. Great investment property. This home has been rented and not been sitting vacant. Being SOLD AS IS CONDITION ...

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $932

Year Built

  • Built in 1862

Lot Details

  • Lot Dimensions are 46 x 125
  • Corner Lot
  • Wooded Lot

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 924 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Heated Garage

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Lincoln Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 12-526-002-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$932

Year Built

Built in 1862

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1862
  • Architectural Style: Bungalow
  • New Construction: No
  • PricePerSqFt: 37.88
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Washer, None
  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s)
  • KitchenDining: Eat-In Kitchen,Pantry
  • BelowGradeArea: 924

Exterior Features

  • Lot Features: Corner Lot, Wooded
  • Construction Type: Mfg - Single Wide, Other, Aluminum Siding
  • Exterior Features: Patio, Porch, Shed(s)
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

  • Garage Yn: Yes
  • Parking Features: Attached, Heated

Utilities

  • Heating: Gas, Forced Air, Window Unit(s)
  • Water Source: Public, Public Sewer

Schools

  • Elementary School: Lincoln Elementary School District #27
  • High School: Lincoln
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: Residential
  • Lot Size: 46 x 125
  • Parcel #: 12-526-002-00

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 932.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Jan 8, 2020
Sold by
Yeates Richard E
Bought by
Drummond Beverly J
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%
Current Estimated Value
$71,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,305
Avg. Annual Appreciation
15.24%
Original Mortgage
$28,000
Outstanding Balance
$25,002
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$52,562

Purchase Details

Closed on
Jul 3, 2000
Bought by
Yeates Richard E and Yeates Loretta A
Source: Public Records

Range of Values:

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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
Drummond Beverly J $35,000 None Available
Yeates Richard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drummond Beverly J $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $35,000 -12.3% $38 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $39,900 -- $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 $744 $14,230 $3,970 $10,260
2023 $670 $13,180 $3,680 $9,500
2022 $623 $12,290 $3,430 $8,860
2021 $625 $11,830 $3,300 $8,530
2020 $1,013 $16,360 $3,300 $13,060
2019 $980 $16,040 $3,240 $12,800
2018 $932 $15,430 $3,120 $12,310
2017 $927 $15,430 $3,120 $12,310
2016 $922 $15,610 $3,160 $12,450
2015 $1,305 $16,070 $3,230 $12,840
2014 $1,305 $16,070 $3,230 $12,840
2013 $1,305 $14,830 $2,980 $11,850
2012 $1,305 $15,040 $3,020 $12,020
Source: Public Records

Map

Source: RMLS Alliance

MLS Number: CA20190531

RMLS Alliance

APN: 12-526-002-00

Illinois Logan County Lincoln 62656

703 8th St, Lincoln, IL

This home is located at 703 8th St, Lincoln, IL 62656 since 11 October 2019 and is currently estimated at $71,305, approximately $77 per square foot. This property was built in 1862. 703 8th St is a home located in Logan County with nearby schools including Northwest Elementary School, Lincoln Junior High School, and Lincoln Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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