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4306 East Lincoln Avenue

4306 East Lincoln Avenue, Decatur, IL 62521
Property in Lakeridge
Sold Sep 04, 2019
$81,000
$78,570 by First Financial Bank Na
Mortgage
Sold Apr 01, 2003
$70,000
4306 East Lincoln Avenue has been categorized by the local assessors in Decatur, IL as a residential type of property. The building on the property was first built in 1952 and is 72 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4306 East Lincoln Avenue has 1,300 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 22,651 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 576 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4306 East Lincoln Avenue sold most recently in Aug 29, 2019 for a total of $81,000. If you work out the math, that's approximately a cost of $62.31 per sqft. Before that, the property was also sold for $70,000 in Apr 1, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,062 in taxes each year. 4306 East Lincoln Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $25,594. If we break it down further, the land itself was valued at $4,273. Improvements to the property, however, were assessed at a total of $21,321. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEEBLES ADD
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • Legal Description 1: C E PEEBLES ADD OF O L ~LOT 7 BLOCK 1 ~ IRREG

Ownership

  • Current Owner : LOURASH HOLLY
  • Previous Owner : CRUZ RAMON R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Decatur School District 61
  • Census Tract: 002401

Zoning

  • Zoning: MUNICIPAL

Geography

  • Account Number: 091320126019
  • District: 09
  • Parcel: 09-13-20-126-019
  • Block: 1
  • Lot: 7
  • Municipality: LONG CREEK
  • Latitude: 39.8334
  • Longitude: -88.8901

    Address

  • Full Address: 4306 E Lincoln Ave
  • Address - House Number: 4306
  • Street Direction: E
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Decatur
  • Carrier Code: C058
  • 4-Digit Zip Code: 4357
  • Zip Code: 62521

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,062
  • Tax Rate Code Area: 09164

    Appraisal Valuation

  • Standard Deviation: 0.1391
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 72
  • Final Value: 74,900
  • High Value: 85,324
  • Low Value: 64,475

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,570
  • First Open Lien Mortgage Lender: FIRST FINANCIAL BANK NA
  • First Open Lien Mortgage Recording Date: Sep 04, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $78,570
  • 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: $76,789
  • Market Land Value: $12,820
  • Market Improvement Value: $63,969

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,594
  • Assessed Land Value: $4,273
  • Assessed Improvements Value: $21,321

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Sep 04, 2019
  • Current Sale Transaction ID: 11645963706
  • Current Sale Price: $81,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1950675
  • Previous Sale Recording Date: Apr 01, 2003
  • Previous Sale Contract Date: Apr 01, 2003
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FINANCIAL BANK NA
  • First Mortgage Transaction Date: Sep 04, 2019
  • First Mortgage Loan Amount: $78,570
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lakeridge



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Frequently Asked Questions

What neighborhood is 4306 East Lincoln Avenue located in?
The 4306 East Lincoln Avenue is a located in the neighborhood of Lakeridge in Lakeridge, Decatur.
What is the average sales price for listings in 4306 East Lincoln Avenue?
The average sales price for units in 4306 East Lincoln Avenue is $0 currently.

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