NOT LISTED FOR SALE

807 N Monroe St Unit 807 1/2 N Monroe Str Lincoln, IL 62656

Estimated Value: $81,000 - $100,000

4 Beds
-- Bath
2,198 Sq Ft
$42/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $40,000 $18 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $695/month

About This Home

As of December 2013

Quite the buy! Nicely maintained and updated stately two story duplex style property -- both units currently rented -- first floor apartment to a long term tenant! Each unit features a living room, kitchen area, full bath, two bedrooms, and individual laundry hook-ups. All appliances (range/oven, refrigerator, washer, and dryer) to remain with upper level apartment for new owner(s). Both units currently rent for $350.00/month. Upper level unit has recently been remodeled throughout and is in exceptional condition. Newer architectural roof on entire structure in 2012 -- maintenance free vinyl siding on the exterior has recently been added -- exterior fascia/gutters recently replaced -- several newer upper level windows. Property also features a two car detached garage that is currently shared by the tenants with rear alley access. Garage structure also features an attached storage shed area. Situated on a wonderfully large 80X140 in-town lot, you will find this roomy two story duplex pr

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 08/28/2013

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 08/28/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,121

Lot Details

  • 0.26

Basement

  • Crawl Space

Schools

  • Illini Central Elementary School
  • Lincoln High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,121

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Duplex/Side by Side
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Price Per Sq Ft: 18.2
  • Total Sq Ft: 2198

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached

Utilities

  • Heating Cooling: Gas, Wall Units, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • Elementary School: Illini Central
  • Middle School: Lincoln
  • High School: Lincoln
  • Elementary School: Illini Central
  • High School: Lincoln

Lot Info

  • Estimated Lot Size: 80X140
  • Zoning: Residential
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 700

Tax Info

  • Annual Taxes: 2120.72
  • Parcel Id Number Tax Id: 12-645-097-00
  • Tax Year: 2012

Multi Family

  • Total Number Units: 2

MLS Schools

  • Middle School: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2013
Closed on
Dec 30, 2013
Sold by
James S James S
Bought by
Springer Christopher J
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%
Current Estimated Value
$91,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,408
Avg. Annual Appreciation
7.53%
Original Mortgage
$32,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Springer Christopher J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Springer Christopher J $50,000
Closed Springer Christopher J $50,000
Closed Springer Christopher J $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $40,000 -27.3% $18 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $55,000 -- $25 / 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 $2,490 $27,530 $7,330 $20,200
2023 $2,377 $25,490 $6,790 $18,700
2022 $2,312 $23,770 $6,330 $17,440
2021 $2,233 $22,880 $6,090 $16,790
2020 $2,237 $22,880 $6,090 $16,790
2019 $2,190 $22,430 $5,970 $16,460
2018 $2,133 $21,570 $5,740 $15,830
2017 $2,121 $21,570 $5,740 $15,830
2016 $2,094 $21,830 $5,810 $16,020
2015 $2,121 $22,660 $5,960 $16,700
2014 $2,121 $22,660 $5,960 $16,700
2013 $2,121 $20,910 $5,500 $15,410
2012 $2,121 $21,220 $5,580 $15,640
Source: Public Records

Agents Affiliated with this Home

  • Seth Goodman

    Seller's Agent in 2013

    Seth Goodman

    ME Realty

    (217) 737-3742

    1,899 Total Sales

    Seth Goodman
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Map

Source: RMLS Alliance

MLS Number: RMACA20130441

RMLS Alliance

APN: 12-645-097-00

Illinois Logan County Lincoln 62656

807 N Monroe St Unit 807 1/2 N Monroe Str, Lincoln, IL

This home is located at 807 N Monroe St Unit 807 1/2 N Monroe Str, Lincoln, IL 62656 since 28 August 2013 and is currently estimated at $91,408, approximately $41 per square foot. 807 N Monroe St Unit 807 1/2 N Monroe Str 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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