Check Availability

311 20th Street

311 20th Street, Lincoln, IL 62656
Property in West Lincoln
Sold Jan 30, 2018
$75,000
$60,000 by Ark La Tex Financial Services
Mortgage
Sold Jul 23, 2013
Transfer
$44,560 by State Bank Of Lincoln
Mortgage Due Aug 01, 2043
This has been categorized as a residential property type. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. The property was last sold in Jan 29, 2018 for $75,000. 311 20th Street was last assessed in 2022. The total value of the property was assessed at $25,460. Specifically, the land the property is located on was valued at $4,290. While improvements on the property were assessed at a total of $21,170. 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 $1,406. 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: 7,405
  • 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: VARD'S SUB DIV
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 12-2909 LOT 3, THOS E BE VARD'S SUB DIV N 1/2 BLOCK 11 WOODLAWN ADDN TO LINCOLN.

Ownership

  • Current Owner : DEROSS MICHAEL ALLEN
  • Current Owner 2: DEROSS MARGARET
  • Previous Owner : BACUS TIMOTHY R
  • Previous Owner 2: BACUS SHANNON N
  • Owner Before Previous Owner: VAUGHAN ANDREW T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Elementary School District 27
  • Census Tract: 953100

Geography

  • District: 12
  • Parcel: 12-591-011-00
  • Block: 11
  • Lot: 3
  • Municipality: WEST LINCOLN
  • Latitude: 40.1607
  • Longitude: -89.3718

    Address

  • Full Address: 311 20th St
  • Address - House Number: 311
  • Address - Street Name: 20th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lincoln
  • Carrier Code: C004
  • 4-Digit Zip Code: 1109
  • Zip Code: 62656

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,406
  • Tax Rate Code Area: 12004

    Appraisal Valuation

  • Standard Deviation: 0.1218
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 75
  • Final Value: 101,983
  • High Value: 114,406
  • Low Value: 89,559

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: ARK LA TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jan 30, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $60,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $76,380
  • Market Land Value: $12,870
  • Market Improvement Value: $63,510

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,460
  • Assessed Land Value: $4,290
  • Assessed Improvements Value: $21,170

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 29, 2018
  • Current Sale Recording Date: Jan 30, 2018
  • Current Sale Transaction ID: 11395170357
  • Current Sale Price: $75,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018098704
  • Previous Sale Recording Date: Jul 23, 2013
  • Previous Sale Contract Date: Jul 19, 2013
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK LA TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jan 30, 2018
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: STATE BANK OF LINCOLN
  • Previous Mortgage Transaction Date: Jul 23, 2013
  • Previous Mortgage Loan Amount: $44,560
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Aug 01, 2043

About Lincoln



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 311 20th Street located in?
The 311 20th Street is a located in the neighborhood of West Lincoln in Lincoln, Lincoln.
What is the average sales price for listings in 311 20th Street?
The average sales price for units in 311 20th Street is $0 currently.

Quantcast