505 North Lincoln Avenue

505 North Lincoln Avenue in O Fallon, IL was first built in 1912 and is 112 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. It is a single story home. There are 3 partial bathrooms. 505 North Lincoln Avenue has 1,336 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. The basement is 1,336 sqft and has been categorized as a full basement. In total, the area measurement of the land is 11,326 square feet.

Learn more about the property and building on this page. There is a open porch. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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, 505 North Lincoln Avenue was last sold in Sep 5, 2019 for $130,000. According to our calculations, that's $97.31 per sqft. Prior to that sales transaction, the property was sold for $108,000 in Aug 10, 2012. Current property owners are expected to pay $2,957 in taxes per year. The property on 505 North Lincoln Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $43,947. To break that down further, the land itself was valued at $5,746. While improvements to the property were assessed at a total of $38,201. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.