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390 Lincoln Street

390 Lincoln Street, Marseilles, IL 61341
Property in Manlius
Sold Dec 15, 2021
$150,000
$70,000 by Marseilles Bank Na
Mortgage
390 Lincoln Street in Marseilles, IL was first built in 1925 and is 99 years old. This has been categorized as a residential property type. 390 Lincoln Street has 1,850 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,454 square feet.

Learn more about the property and building on this page. 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, 390 Lincoln Street was last sold in Nov 30, 2021 for $150,000. According to our calculations, that's $81.08 per sqft. Current property owners are expected to pay $2,516 in taxes per year. The property on 390 Lincoln Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $29,628. To break that down further, the land itself was valued at $3,653. While improvements to the property were assessed at a total of $25,975. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,850
  • Gross Building Area: 1,850
  • Building Area: 1,850
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,850
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARSEILLES (ORIGINAL TOWN)
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: TOWN OF MARSEILLES, LT 10 BLK 3 & PT OF LTS 5, 6 & 7 LYG S OF RR ROW SEC 18-33-5

Ownership

  • Current Owner : KANE RONALD
  • Previous Owner : PEEK WILLIAM R
  • Previous Owner 2: PEEK JODEAN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marseilles Elementary School District 150
  • Census Tract: 963700

Geography

  • District: MA
  • Parcel: 24-18-318-018
  • Block: 3
  • Lot: 10-7
  • Meridian: SEC 18 TWN 33 RNG 05
  • Municipality: MANLIUS TOWNSHIP
  • Latitude: 41.3277
  • Longitude: -88.7033

    Address

  • Full Address: 390 Lincoln St
  • Address - House Number: 390
  • Address - Street Name: Lincoln
  • Address - Suffix Type: St
  • State: IL
  • City Name: Marseilles
  • Carrier Code: C001
  • 4-Digit Zip Code: 1907
  • Zip Code: 61341

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,516
  • Tax Rate Code Area: MA005

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 137,615
  • High Value: 156,351
  • Low Value: 118,878

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: MARSEILLES BANK NA
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $70,000
  • 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: $88,884
  • Market Land Value: $10,959
  • Market Improvement Value: $77,925

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,628
  • Assessed Land Value: $3,653
  • Assessed Improvements Value: $25,975

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11875817430
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-19277

    Last Sale Mortgage

  • First Mortgage Lender: MARSEILLES BANK NA
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Marseilles



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Frequently Asked Questions

What neighborhood is 390 Lincoln Street located in?
The 390 Lincoln Street is a located in the neighborhood of Manlius in Marseilles, Marseilles.
What is the average sales price for listings in 390 Lincoln Street?
The average sales price for units in 390 Lincoln Street is $0 currently.

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