NOT LISTED FOR SALE

717 S Jackson St Lincoln, IL 62656

Estimated Value: $64,000 - $97,393

-- Bed
-- Bath
2,080 Sq Ft
$40/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $85,000 $41 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $514/month

220 Days on Market

Highlights

  • Forced Air Heating System
  • Northwest Elementary School Rated 9+
  • Level Lot

About This Home

As of May 2024

Solid two story three unit property that offers a current monthly income of $1825.00! Main floor unit is a one bedroom with laundry hook-ups. Upstairs, you will find two efficiency units. Two units are currently rented for $600.00/month (each has a $600.00 deposit) -- one unit is currently rented for $650.00/month ($650.00 deposit). Tenants are responsible for gas/electric (Ameren) -- seller pays for water, sewage, and trash. Property also features a rear second story deck, newer architectural roof, and a freshly painted exterior! Opportunity knocks with this income producing property!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 07/31/2023

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 07/31/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $925

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 34x80
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • 2,080 Sq Ft Home
  • Slab Foundation
  • Shingle Roof

Schools

  • Lincoln High School

Utilities

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

Listing and Financial Details

  • Tenant pays for gas & electric
  • Assessor Parcel Number 12-493-010-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$925

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1910
  • New Construction: No
  • Structure Type: Triplex
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: None

Exterior Features

  • Lot Features: Level
  • Construction Type: Concrete, Other
  • Foundation Details: Slab
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Forced Air, Gas, Window Unit(s)
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 34X80
  • Parcel #: 12-493-010-00

Rental Info

  • Tenant Pays: Gas & Electric
  • Lease Term: One Year or Less

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 924.9
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
May 1, 2024
Sold by
Bruns Kathy E
Bought by
Buenrosto Raul and Buenrosto Grace Theressa
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%
Views
199
Current Estimated Value
$82,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,652
Avg. Annual Appreciation
-2.12%

Purchase Details

Closed on
Apr 13, 2021
Sold by
Cisco Mark
Bought by
Bruns Kathy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2015
Sold by
Cisco Jerry and Cisco Mary Jean
Bought by
Cisco Mark
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
Buenrosto Raul $85,000 None Available
Bruns Kathy E $25,000 None Available
Cisco Mark $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bruns Kathy E $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2024 05/06/24 Sold $85,000 -14.1% $41 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $99,000 +16.5% $48 / Sq Ft
02/22/2024 02/22/24 Off Market $85,000 -- --
12/06/2023 12/06/23 Price Changed $99,000 -10.0% $48 / Sq Ft
07/31/2023 07/31/23 For Sale $110,000 -- $53 / 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 $996 $11,010 $2,330 $8,680
2023 $951 $10,200 $2,160 $8,040
2022 $925 $9,510 $2,010 $7,500
2021 $894 $9,160 $1,940 $7,220
2020 $1,857 $18,990 $1,940 $17,050
2019 $1,818 $18,620 $1,900 $16,720
2018 $1,771 $17,910 $1,830 $16,080
2017 $1,761 $17,910 $1,830 $16,080
2016 $1,738 $18,120 $1,850 $16,270
2015 -- $17,780 $1,910 $15,870
2014 -- $17,780 $1,910 $15,870
2013 -- $16,410 $1,760 $14,650
2012 -- $16,650 $1,790 $14,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1023787

RMLS Alliance

APN: 12-493-010-00