NOT LISTED FOR SALE

905 1575th St Lincoln, IL 62656

Estimated Value: $499,815 - $606,000

4 Beds
4.5 Baths
4,583 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $625,000 $136 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,737/month

7 Days on Market

Highlights

  • 20 Acre Lot
  • Pond
  • Corner Lot
  • West Lincoln-Broadwell Elementary School Rated 9+
  • Wooded Lot
  • 2 Car Attached Garage

About This Home

As of September 2024

The Country Estate Home that you been dreaming of is here. 20 acres of wooded hillside and wildflower meadows plus a 3/4 acre stocked pond creates a beautiful setting for the gracious colonial style home (3932sf). The main house features a center hall/stairway, to the right you enter a large living room with bookshelves and grand fireplace (gas Logs). Through the French doors you will find an 800 sq ft 2 office suite with full bath (could be an in-law's quarters) To the left of the center hall is the formal dining room...at the end of the hall you will enjoy the wood paneled study with a million-dollar view. A well-equipped kitchen serves the formal dining and the breakfast room not to mention the comfortable sunroom. Let's go upstairs! The spacious master bedroom has walk in closets (2) and a private bath. Two more comfortable bedrooms plus an office or 4th bedroom all served from the hall bath. The large basement has a entertainment section...card area, a bedroom and full bath. The mechanical room also has a workout space. OH yes! There is a secluded guest house (1,100 sq ft) includes large bedroom, full bath, kitchenette and grand living room with fireplace on the back wall facing a window wall overlooking the pond and woodlands. This special property has been lovingly cared for by the original owners since 1959. Contact your agent to arrange your visit.

Last Agent to Sell the Property

Robert Neal

ME Realty License #475175518 Listed on: 07/10/2024

Last Buyer's Agent

Chynna Farmer

ME Realty License #475166541

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,398

Year Built

  • Built in 1959

Lot Details

  • 20 Acre Lot
  • Corner Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Poured Concrete
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,583 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • W Lincoln-Brdwl Elementary And Middle School
  • Lincoln Comm District #404 High School

Utilities

  • Multiple cooling system units
  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Water Softener Leased
  • Septic System

Additional Features

  • Pond
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 12-034-029-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,398

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1959
  • Architectural Style: Two Story
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Water Softener Rented
  • Basement: Partially Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 4583
  • KitchenDining: Dining Formal,Dining Informal,Pantry

Exterior Features

  • Lot Features: Agricultural, Corner Lot, Pond/Lake, Sloped, Wooded
  • Road Surface Type: Other
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Pond
  • Foundation Details: Poured Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Guest Parking

Utilities

  • Heating: Gas, Heating Systems - 2+, Forced Air, Gas Water Heater, Cooling Systems - 2+, Central Air
  • Water Source: Private Well, Septic System
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: W Lincoln-Brdwl
  • High School: Lincoln Comm District #404
  • Middle Or Junior School: W Lincoln-Brdwl

Lot Info

  • Lot Size Acres: 20
  • Lot Size: 20 acres
  • Additional Parcels Description: 12-034-030-00
  • Parcel #: 12-034-029-00
  • ZonedAgricultural: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9397.88
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Sep 13, 2024
Sold by
Elizabeth Peacock Llc
Bought by
Talbert Zachary and Talbert Elizabeth
Seller's Agent
Robert Neal
ME Realty
Buyer's Agent
Chynna Farmer
ME Realty
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Views
15
Current Estimated Value
$552,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,062
Avg. Annual Appreciation
-9.48%
Original Mortgage
$593,750
Outstanding Balance
$587,114
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$34,176
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
Talbert Zachary $625,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talbert Zachary $593,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $625,000 -3.8% $136 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $650,000 -- $142 / 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 $9,938 $150,830 $4,120 $146,710
2023 $9,352 $139,630 $3,790 $135,840
2022 $8,985 $130,180 $3,520 $126,660
2021 $8,749 $125,320 $3,370 $121,950
2020 $8,731 $125,280 $3,330 $121,950
2019 $8,496 $122,800 $3,240 $119,560
2018 $8,356 $118,060 $3,100 $114,960
2017 $8,375 $118,030 $3,070 $114,960
2016 $8,428 $119,390 $3,080 $116,310
2015 $7,435 $115,020 $2,950 $112,070
2014 $7,435 $115,020 $2,950 $112,070
2013 $7,435 $106,140 $2,720 $103,420
2012 $7,435 $107,680 $2,750 $104,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1030365

RMLS Alliance

APN: 12-034-029-00