NOT LISTED FOR SALE

731 Galena St Lincoln, IL 62656

Estimated Value: $94,000 - $133,000

2 Beds
1 Bath
1,370 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $98,000 $72 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $785/month

2 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Fenced Yard
  • Porch
  • Patio

About This Home

As of July 2024

Situated on a roomy 40X182 tree shaded mostly fenced corner lot, you will find this move-in ready 2-3 bedroom vinyl sided bungalow style home complete with a 24X24 2+ car detached garage with rear alley access in addition to additional adjacent off-street parking! The interior of home features a 6X15 enclosed front porch, efficient living room with an adjacent rec room, equipped eat-in kitchen, 9X9 den/office with adjacent laundry facilities, full hall bath, and two bedrooms -- rear bedroom measures 13X18! Property also features a large poured concrete side facing patio, enhanced exterior landscaping, rear storage shed, whole house attic fan, and fresh paint throughout various rooms. Cute and undeniably practical, this well priced residential dwelling is bound to move quickly!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 06/11/2024

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 06/11/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1892

Lot Details

  • Lot Dimensions are 40x182
  • Fenced Yard
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Alley Access
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 1,370 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 08-331-001-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,838

Year Built

Built in 1892

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1892
  • Architectural Style: Bungalow
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 1370
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Fenced Yard, Patio, Porch, Shed(s)
  • Foundation Details: Block, Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Alley Access, Detached, Gravel

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 40X182
  • Parcel #: 08-331-001-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1838.4
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jul 16, 2024
Sold by
Heath Misty D and Heath Derek J
Bought by
Koehne Dalton
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$95,000
Sold Price
$98,000
Premium/Discount to List
$3,000
3.16%
Views
17
Current Estimated Value
$115,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,969
Avg. Annual Appreciation
13.18%
Original Mortgage
$98,989
Outstanding Balance
$97,809
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$18,160

Purchase Details

Closed on
Apr 18, 2000
Sold by
Heath and Heath
Bought by
Heath Derek J and Heath Misty D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Koehne Dalton $98,000 None Available
Heath Derek J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koehne Dalton $98,989
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 Sold $98,000 +3.2% $72 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $95,000 -- $69 / 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 $2,059 $28,460 $4,140 $24,320
2023 $1,924 $26,350 $3,830 $22,520
2022 $1,838 $24,630 $3,580 $21,050
2021 $1,748 $23,650 $3,440 $20,210
2020 $1,716 $23,300 $3,390 $19,910
2019 $1,668 $22,840 $3,320 $19,520
2018 $1,643 $22,390 $3,250 $19,140
2017 $1,634 $22,390 $3,250 $19,140
2016 $1,591 $22,370 $3,250 $19,120
2015 $1,625 $22,830 $3,150 $19,680
2014 $1,625 $22,830 $3,150 $19,680
2013 $1,625 $21,670 $2,990 $18,680
2012 $1,625 $22,060 $3,040 $19,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1029732

RMLS Alliance

APN: 08-331-001-00