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1417 South Lincoln Avenue

1417 South Lincoln Avenue, Springfield, IL 62704
Sold Dec 02, 2022
$182,500
$173,375 by Heartland Credit Union
Mortgage Due Jan 01, 2053
Sold Apr 22, 2015
Transfer
1417 South Lincoln Avenue has been categorized by the local assessors in Springfield, IL as a residential type of property. The area measurement of the land has been determined as 6,940 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1417 South Lincoln Avenue was last sold in Dec 2, 2022 for $182,500. Current property owners are expected to pay $5,133 in taxes per year. The property on 1417 South Lincoln Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $57,778. To break that down further, the land itself was valued at $7,871. While improvements to the property were assessed at a total of $49,907. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Street Parking
Detached Garage
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: 6,940
  • 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: LELAND PLACE
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 11 LELAND PLACE

Ownership

  • Current Owner : TOMTEN JAY R
  • Previous Owner : BIDWELL LINDA B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Springfield School District 186
  • Census Tract: 002100

Geography

  • Account Number: 22050204031 (CHECK DIGIT = 6)
  • District: 01
  • Parcel: 22-05.0-204-031
  • Municipality: CAPITAL
  • Latitude: 39.7853
  • Longitude: -89.6735

    Address

  • Full Address: 1417 S Lincoln Ave
  • Address - House Number: 1417
  • Street Direction: S
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Springfield
  • Carrier Code: C084
  • 4-Digit Zip Code: 3440
  • Zip Code: 62704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,133
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 76
  • Final Value: 202,734
  • High Value: 239,591
  • Low Value: 165,877

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $173,375
  • First Open Lien Mortgage Lender: HEARTLAND CREDIT UNION
  • First Open Lien Mortgage Recording Date: Dec 02, 2022
  • First Open Lien Mortgage Loan Amount: $173,375
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $173,334
  • Market Land Value: $23,613
  • Market Improvement Value: $149,721

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,778
  • Assessed Land Value: $7,871
  • Assessed Improvements Value: $49,907

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 02, 2022
  • Current Sale Recording Date: Dec 02, 2022
  • Current Sale Transaction ID: 11899579517
  • Current Sale Price: $182,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 25489
  • Previous Sale Recording Date: Apr 22, 2015
  • Previous Sale Contract Date: Apr 17, 2015
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HEARTLAND CREDIT UNION
  • First Mortgage Transaction Date: Dec 02, 2022
  • First Mortgage Loan Amount: $173,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

About Washington Knolls



Similar Buildings

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Nearby Rentals

Unit for rent at 2337 Grinnell Drive, Springfield, IL, 62704

$1,500 /mo

  • Studio
  • 1.5 Baths
  • 1,368 ft²
2337 Grinnell Drive, Springfield, IL, 62704 Listing by Gail Chevalier Zini

Frequently Asked Questions

What neighborhood is 1417 South Lincoln Avenue located in?
The 1417 South Lincoln Avenue is a house located in the neighborhood of Washington Knolls in Washington Knolls, Springfield.
What is the average sales price for listings in 1417 South Lincoln Avenue?
The average sales price for units in 1417 South Lincoln Avenue is $0 currently.

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