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1006 North Sherman Street

1006 North Sherman Street, Lincoln, IL 62656
Property in East Lincoln
Sold Mar 11, 2022
$110,000
$55,000 by Cefcu
Mortgage Due Apr 01, 2052
Sold Jan 03, 2022
$100,000
This has been categorized as a residential property type. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The property was last sold in Mar 10, 2022 for $110,000. Prior to that sales transaction, the property was also sold in Dec 30, 2021 for $100,000. 1006 North Sherman Street was last assessed in 2022. The total value of the property was assessed at $39,590. Specifically, the land the property is located on was valued at $4,230. While improvements on the property were assessed at a total of $35,360. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,505. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST PARK SUB
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 8-3135F (PB 2312) LOT 6 OF EAST PARK SUB PLAT NO 1 OF PT BLOCK 6 MALTBY'S ADD

Ownership

  • Current Owner : SWIGART DANIEL CRAIG
  • Current Owner 2: SWIGART ALICE KAY
  • Previous Owner : GOODMAN SETH A
  • Owner Before Previous Owner: HATFIELD DONALD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lincoln Elementary School District 27
  • Census Tract: 953200

Geography

  • District: 08
  • Parcel: 08-336-001-35
  • Block: 6
  • Lot: 6
  • Municipality: EAST LINCOLN
  • Latitude: 40.1519
  • Longitude: -89.3508

    Address

  • Full Address: 1006 N Sherman St
  • Address - House Number: 1006
  • Street Direction: N
  • Address - Street Name: Sherman
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lincoln
  • Carrier Code: C009
  • 4-Digit Zip Code: 1885
  • Zip Code: 62656

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,505
  • Tax Rate Code Area: 08002

    Appraisal Valuation

  • Standard Deviation: 0.2764
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 60
  • Final Value: 125,897
  • High Value: 160,701
  • Low Value: 91,094

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: CEFCU
  • First Open Lien Mortgage Recording Date: Mar 11, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $55,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $118,770
  • Market Land Value: $12,690
  • Market Improvement Value: $106,080

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,590
  • Assessed Land Value: $4,230
  • Assessed Improvements Value: $35,360

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Mar 10, 2022
  • Current Sale Recording Date: Mar 11, 2022
  • Current Sale Transaction ID: 11882569799
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022000898
  • Previous Sale Recording Date: Jan 03, 2022
  • Previous Sale Contract Date: Dec 30, 2021
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Mar 11, 2022
  • First Mortgage Loan Type: Purchase Money Mortgage

About Lincoln



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Frequently Asked Questions

What neighborhood is 1006 North Sherman Street located in?
The 1006 North Sherman Street is a located in the neighborhood of East Lincoln in Lincoln, Lincoln.
What is the average sales price for listings in 1006 North Sherman Street?
The average sales price for units in 1006 North Sherman Street is $0 currently.

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