Check Availability

1527 Forest Hills Road

1527 Forest Hills Road, Lincoln, IL 62656
Property in West Lincoln
Sold May 29, 2018
$95,000
$76,000 by State Bank Of Lincoln
Mortgage
Sold Feb 25, 1985
$52,500
1527 Forest Hills Road has been categorized by the local assessors in Lincoln, IL as a residential type of property. The area measurement of the land has been determined as 20,038 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, 1527 Forest Hills Road was last sold in May 25, 2018 for $95,000. Prior to that sales transaction, the property was sold for $52,500 in Feb 25, 1985. Current property owners are expected to pay $2,985 in taxes per year. The property on 1527 Forest Hills Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $49,250. To break that down further, the land itself was valued at $10,980. While improvements to the property were assessed at a total of $38,270. 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.

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: 20,038
  • 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
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 12-633A S34 T20 R3 E 190 FT OF N 105 FT OF S 278.75 FT S 1/2 NW SE

Ownership

  • Current Owner : MILLER KELLEE D
  • Previous Owner : SHARP DENNIS L
  • Previous Owner 2: SHARP SUZAN G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Lincoln-Broadwell Elementary School District 92
  • Census Tract: 953400

Geography

  • District: 12
  • Parcel: 12-034-057-00
  • Meridian: SEC 34 TWN 20 RNG 03
  • Municipality: WEST LINCOLN
  • Latitude: 40.1403
  • Longitude: -89.4107

    Address

  • Full Address: 1527 Forest Hills Rd
  • Address - House Number: 1527
  • Address - Street Name: Forest Hills
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lincoln
  • Carrier Code: R001
  • 4-Digit Zip Code: 5315
  • Zip Code: 62656

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,985
  • Tax Rate Code Area: 12007

    Appraisal Valuation

  • Standard Deviation: 0.2764
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 60
  • Final Value: 152,768
  • High Value: 195,000
  • Low Value: 110,536

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $89,000
  • First Open Lien Mortgage Lender: STATE BANK OF LINCOLN
  • First Open Lien Mortgage Recording Date: May 29, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $76,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: STATE BANK OF LINCOLN
  • Second Open Lien Mortgage Recording Date: Aug 13, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $13,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 25, 2030

    Market Valuation

  • Market Total Value: $147,750
  • Market Land Value: $32,940
  • Market Improvement Value: $114,810

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,250
  • Assessed Land Value: $10,980
  • Assessed Improvements Value: $38,270

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 25, 2018
  • Current Sale Recording Date: May 29, 2018
  • Current Sale Transaction ID: 11468741948
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018100377
  • Previous Sale Recording Date: Feb 25, 1985
  • Previous Sale Contract Date: Feb 25, 1985
  • Previous Sale Amount: $52,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE BANK OF LINCOLN
  • First Mortgage Transaction Date: May 29, 2018
  • First Mortgage Loan Amount: $76,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Logan



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1527 Forest Hills Road located in?
The 1527 Forest Hills Road is a located in the neighborhood of West Lincoln in Logan, Lincoln.
What is the average sales price for listings in 1527 Forest Hills Road?
The average sales price for units in 1527 Forest Hills Road is $0 currently.

Quantcast