NOT LISTED FOR SALE

705 Palmer Ave Lincoln, IL 62656

Lincoln Area

Estimated Value: $87,000 - $122,000

2 Beds
1 Bath
870 Sq Ft
$120/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2024

Last sale price $77,600 $89 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $687 / mo

12 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Porch
  • Central Elementary School Rated A-
  • 2 Car Detached Garage
  • Bungalow

About This Home

As of January 2024

Pack your belongings. This adorable 2 bedroom, 1 bath bungalow home is ready. Enclosed front porch, could be office or playroom. Leads into open concept living, dining area, with an free standing electric fireplace to stay as well. Fully equipped kitchen, with stove, refrigerator, microwave and dishwasher. Off kitchen is patio door leading to walk out deck, which overlooks fenced in backyard. There is also a side screened in porch area. You will find laundry area in basement. Washer and Dryer to stay as well. House had new roof in 2021, (garage roof did not.) Water heater was just replaced in 2023. There will be interior pictures once able, the seller is packing to move, so please excuse the boxes. Softener is not working.

Last Agent to Sell the Property

Tena Schneider

IN BETWEEN OFFICES Brokerage Phone: 217-732-7355 License #471002481 Listed on: 12/30/2023

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 40 x 168
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 870 Sq Ft Home
  • Ceiling Fan
  • Free Standing Fireplace
  • Electric Fireplace
  • Replacement Windows
  • Window Treatments
  • Dining Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

  • Lincoln Comm District #404 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 12-608-002-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,195

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Architectural Style: Bungalow
  • New Construction: No
  • Age55PlusDevelopment: No
  • Attribution Contact: Phone: 217-732-7355
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Washer, Dryer
  • Basement: Partial, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Electric
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 870
  • KitchenDining: Dining Informal

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Porch, Replacement Windows
  • Foundation Details: Block, Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public, Public Sewer
  • UtilitiesOnYN: Yes

Schools

  • High School: Lincoln Comm District #404

Lot Info

  • Lot Size: 40 x 168
  • Parcel #: 12-608-002-00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1195.28
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2023
Closed on
Feb 15, 2024
Sold by
Bought by
Seller's Agent
Tena Schneider
IN BETWEEN OFFICES
Buyer's Agent
Seth Goodman
ME Realty
List Price
$89,900
Sold Price
$77,600
Premium/Discount to List
-$12,300
-13.68%
Views
50
Current Estimated Value
$104,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,492
Avg. Annual Appreciation
12.41%
Original Mortgage
$84,390
Outstanding Balance
$82,132
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$21,960

Purchase Details

Listed on
Dec 30, 2023
Closed on
Jan 25, 2024
Sold by
Bought by
Seller's Agent
Tena Schneider
IN BETWEEN OFFICES
Buyer's Agent
Seth Goodman
ME Realty
List Price
$89,900
Sold Price
$77,600
Premium/Discount to List
-$12,300
-13.68%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,390
Outstanding Balance
$82,132
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$21,960

Purchase Details

Listed on
Apr 15, 2014
Closed on
Sep 16, 2016
Sold by
Bought by
Seller's Agent
Linda Barrick
IN BETWEEN OFFICES
Buyer's Agent
Linda Barrick
IN BETWEEN OFFICES
List Price
$83,500
Sold Price
$71,400
Premium/Discount to List
-$12,100
-14.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.14%

Purchase Details

Closed on
Jun 29, 1991
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lincoln, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$87,000 None Available
$78,000 None Available
$71,500 --
$27,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $84,390
Previous Owner $10,328
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2024 01/29/24 Sold $77,600 -13.7% $89 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
12/30/2023 12/30/23 For Sale $89,900 +25.9% $103 / Sq Ft
09/16/2016 09/16/16 Sold $71,400 -14.5% $82 / Sq Ft View Prior Sale
07/21/2016 07/21/16 Pending -- -- --
04/15/2014 04/15/14 For Sale $83,500 -- $96 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,374 $22,460 $4,540 $17,920
2024 $1,374 $21,190 $4,280 $16,910
2023 $1,270 $19,620 $3,960 $15,660
2022 $1,195 $18,290 $3,690 $14,600
2021 $1,133 $17,610 $3,550 $14,060
2020 $1,135 $17,610 $3,550 $14,060
2019 $1,099 $17,260 $3,480 $13,780
2018 $1,048 $16,600 $3,350 $13,250
2017 $1,042 $16,600 $3,350 $13,250
2016 $1,036 $16,800 $3,390 $13,410
2015 $1,056 $18,600 $3,600 $15,000
2014 $1,056 $18,600 $3,600 $15,000
2013 $1,056 $17,160 $3,320 $13,840
2012 $1,056 $17,410 $3,370 $14,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1026615

RMLS Alliance

APN: 12-608-002-00

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