Check Availability

404 South Jefferson Street

404 South Jefferson Street, Lincoln, IL 62656
Property in West Lincoln
Sold May 27, 2020
$95,000
$96,969 by Texana Bank
Mortgage Due Jun 01, 2050
Sold Aug 19, 2019
Transfer
404 South Jefferson Street 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 5,663 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, 404 South Jefferson Street was last sold in May 26, 2020 for $95,000. Current property owners are expected to pay $1,245 in taxes per year. The property on 404 South Jefferson Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $18,800. To break that down further, the land itself was valued at $3,830. While improvements to the property were assessed at a total of $14,970. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 5,663
  • 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: WENDELL LEWIS SUB
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 12-2534 LOT 3 WENDELL LEWIS SUBDIV N 1/2 BLOCK 59 KNAPP BIRD & TINSLEY ADDN TO POSTVILLE

Ownership

  • Current Owner : HEINTZ JOSEPH
  • Current Owner 2: BARONE MICHELLE
  • Previous Owner : SHULL JEFFREY
  • Owner Before Previous Owner: LOGAN COUNTY SHERIFF
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Elementary School District 27
  • Census Tract: 953300

Geography

  • District: 12
  • Parcel: 12-509-006-00
  • Block: 59
  • Lot: 3
  • Municipality: WEST LINCOLN
  • Latitude: 40.1465
  • Longitude: -89.3816

    Address

  • Full Address: 404 S Jefferson St
  • Address - House Number: 404
  • Street Direction: S
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lincoln
  • Carrier Code: C002
  • 4-Digit Zip Code: 2311
  • Zip Code: 62656

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,245
  • Tax Rate Code Area: 12004

    Appraisal Valuation

  • Standard Deviation: 0.2764
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 60
  • Final Value: 95,504
  • High Value: 121,905
  • Low Value: 69,102

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $96,969
  • First Open Lien Mortgage Lender: TEXANA BANK
  • First Open Lien Mortgage Recording Date: May 27, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $96,969
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $56,400
  • Market Land Value: $11,490
  • Market Improvement Value: $44,910

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,800
  • Assessed Land Value: $3,830
  • Assessed Improvements Value: $14,970

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Transaction ID: 11763324378
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020109255
  • Previous Sale Recording Date: Aug 19, 2019
  • Previous Sale Contract Date: Aug 16, 2019
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: TEXANA BANK
  • First Mortgage Transaction Date: May 27, 2020
  • First Mortgage Loan Amount: $96,969
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lincoln



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 404 South Jefferson Street located in?
The 404 South Jefferson Street is a located in the neighborhood of West Lincoln in Lincoln, Lincoln.
What is the average sales price for listings in 404 South Jefferson Street?
The average sales price for units in 404 South Jefferson Street is $0 currently.

Quantcast