$70,000
SOLD MAR 28, 2025

707 N Adams St Lincoln, IL 62656

3 Beds
1 Bath
1,006 Sq Ft
1940 Built

Recently Sold

$70 Per Sq Ft

7% Below List Price

7 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Heating System
  • 1 Car Detached Garage

About This Home

As of March 2025

Looking for an affordable home with tons of potential? Look no further! This 3-bedroom, 1-bathroom vinyl-sided home in Lincoln, IL, is the perfect opportunity! With +/- 1,000 square feet of living space, this cozy yet spacious house offers a solid foundation for homeowners or investors alike. The layout provides plenty of possibilities to customize and make it your own. Whether you're a first-time buyer looking for an affordable start or a seasoned investor seeking a great rental opportunity, this home checks all the boxes! Priced to sell, this home is a fantastic value in today's market. Don't miss out on this affordable opportunity to own a home with so much potential. Contact myself or the agent of your choosing to schedule a showing today!

Last Agent to Sell the Property

Ty Tucker

ME Realty License #475185836 Listed on: 02/24/2025

Last Buyer's Agent

Kyle Killebrew

The Real Estate Group, Inc. License #475109198

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,774

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 40x140

Parking

  • 1 Car Detached Garage
  • Alley Access

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,006 Sq Ft Home
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Lincoln Comm District #404 High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1264501850

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,774

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 69.58
  • Special Features: None

Interior Features

  • Appliances: Hood/Fan, Range, Refrigerator
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1006
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Other
  • Road Surface Type: Alley, Gravel
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Alley Access, Detached

Utilities

  • Heating: Natural Gas, Forced Air, Electric Water Heater, Central Air
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Lincoln Comm District #404

Lot Info

  • Lot Size: 40x140
  • Parcel #: 1264501850

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1653.48
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Mar 21, 2025
Sold by
Watson Greg and Deleo Federica
Bought by
Tankersley Tate
Seller's Agent
Ty Tucker
ME Realty
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.46%
Original Mortgage
$90,000
Outstanding Balance
$89,771
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$16,831

Purchase Details

Closed on
Sep 12, 2024
Sold by
White James R
Bought by
Watson Greg and Deleo Federica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.47%
Mortgage Type
New Conventional
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 $70,000 None Available
Quit Claim Deed $560,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 New Conventional
Previous Owner $380,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $119,900 -4.0% $104 / Sq Ft
06/20/2025 06/20/25 For Sale $124,900 +78.4% $109 / Sq Ft
03/28/2025 03/28/25 Sold $70,000 -6.7% $70 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $75,000 +7.1% $75 / Sq Ft
02/26/2025 02/26/25 Off Market $70,000 -- --
02/24/2025 02/24/25 For Sale $75,000 -- $75 / 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 $1,774 $25,620 $3,560 $22,060
2023 $1,653 $23,730 $3,300 $20,430
2022 $1,569 $22,130 $3,080 $19,050
2021 $1,494 $21,310 $2,970 $18,340
2020 $1,497 $21,310 $2,970 $18,340
2019 $1,454 $20,890 $2,910 $17,980
2018 $1,393 $20,090 $2,800 $17,290
2017 $1,386 $20,090 $2,800 $17,290
2016 $1,374 $20,320 $2,830 $17,490
2015 $1,217 $19,420 $2,970 $16,450
2014 $1,217 $19,420 $2,970 $16,450
2013 $1,217 $17,920 $2,740 $15,180
2012 $1,217 $18,180 $2,780 $15,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1034582

RMLS Alliance

APN: 12-645-018-50