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602 Lincoln Road

602 Lincoln Road, Pekin, IL 61554
Property in Groveland
Sold Sep 10, 2019
$114,000
$108,300 by Nations Lending Corp
Mortgage
602 Lincoln Road has been categorized by the local assessors in Pekin, IL as a residential type of property. The building on the property was first built in 2002 and is 22 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 602 Lincoln Road has 1,112 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 912 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,150 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 7,590 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 784 sqft. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 roof of the building is made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 602 Lincoln Road sold most recently in Sep 9, 2019 for a total of $114,000. If you work out the math, that's approximately a cost of $59.25 per sqft. 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 $2,946 in taxes each year. 602 Lincoln Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $42,790. If we break it down further, the land itself was valued at $6,400. Improvements to the property, however, were assessed at a total of $36,390. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 912
  • Garage Type: Detached
  • Garage Square Area: 784
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,590
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,924
  • Gross Building Area: 1,924
  • Building Area: 1,112
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,112
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARQUETTE HEIGHTS
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 18 T25N R4W MARQUETTE HEIGHTS LOT 15 BLK 26 SW 1/4

Ownership

  • Current Owner : WEST JOYCE
  • Previous Owner : TRINE CARL
  • Previous Owner 2: TRINE KATHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Pekin-Marquette Heights School District 102
  • Census Tract: 020500

Geography

  • District: 050
  • Section: 18
  • Parcel: 05-05-18-311-002
  • Block: 26
  • Lot: 15
  • Meridian: SEC 18 TWN 25N RNG 04W
  • Municipality: GROVELAND
  • Latitude: 40.6153
  • Longitude: -89.6027

    Address

  • Full Address: 602 Lincoln Rd
  • Address - House Number: 602
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Marquette Heights
  • Carrier Code: C021
  • 4-Digit Zip Code: 1312
  • Zip Code: 61554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,946
  • Tax Rate Code Area: 05018

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 151,492
  • High Value: 183,607
  • Low Value: 119,377

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,300
  • First Open Lien Mortgage Lender: NATIONS LENDING CORP
  • First Open Lien Mortgage Recording Date: Sep 10, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $108,300
  • 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: $128,370
  • Market Land Value: $19,200
  • Market Improvement Value: $109,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,790
  • Assessed Land Value: $6,400
  • Assessed Improvements Value: $36,390

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 09, 2019
  • Current Sale Recording Date: Sep 10, 2019
  • Current Sale Transaction ID: 11646069731
  • Current Sale Price: $114,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201900011982

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS LENDING CORP
  • First Mortgage Transaction Date: Sep 10, 2019
  • First Mortgage Loan Amount: $108,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Marquette Heights



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 602 Lincoln Road located in?
The 602 Lincoln Road is a located in the neighborhood of Groveland in Marquette Heights, Pekin.
What is the average sales price for listings in 602 Lincoln Road?
The average sales price for units in 602 Lincoln Road is $0 currently.

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