Check Availability

603 North Sherman Street

603 North Sherman Street, Lincoln, IL 62656
Property in East Lincoln
Sold Feb 15, 2019
$118,000
$118,625 by State Bank Of Lincoln
Mortgage
Sold Dec 11, 2015
$98,000
This has been categorized as a residential property type. In total, the area measurement of the land is 9,148 square feet.

Learn more about the property and building on this page. The property was last sold in Feb 12, 2019 for $118,000. Prior to that sales transaction, the property was also sold in Dec 8, 2015 for $98,000. 603 North Sherman Street was last assessed in 2022. The total value of the property was assessed at $27,320. Specifically, the land the property is located on was valued at $6,040. While improvements on the property were assessed at a total of $21,280. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,104. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 9,148
  • 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: GILLETT'S ADD
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 8-2129 LOT 9 & SW 1/2 LOT 10 BLOCK 16 LATHAM & GILLETT'S ADDN TO LINCOLN.

Ownership

  • Current Owner : REESER WYATT
  • Current Owner 2: SKAGGS HANNAH
  • Previous Owner : VOELKER MARK A
  • Previous Owner 2: VOELKER EMILY S
  • Owner Before Previous Owner: HEADY DAVID S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Elementary School District 27
  • Census Tract: 953200

Geography

  • District: 08
  • Parcel: 08-255-139-00
  • Block: 16
  • Lot: 9,10
  • Municipality: EAST LINCOLN
  • Latitude: 40.1489
  • Longitude: -89.355

    Address

  • Full Address: 603 N Sherman St
  • Address - House Number: 603
  • Street Direction: N
  • Address - Street Name: Sherman
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lincoln
  • Carrier Code: C009
  • 4-Digit Zip Code: 2164
  • Zip Code: 62656

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,104
  • Tax Rate Code Area: 08002

    Appraisal Valuation

  • Standard Deviation: 0.2764
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 60
  • Final Value: 125,185
  • High Value: 159,792
  • Low Value: 90,578

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,625
  • First Open Lien Mortgage Lender: STATE BANK OF LINCOLN
  • First Open Lien Mortgage Recording Date: Feb 15, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $118,625
  • 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: $81,960
  • Market Land Value: $18,120
  • Market Improvement Value: $63,840

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,320
  • Assessed Land Value: $6,040
  • Assessed Improvements Value: $21,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 12, 2019
  • Current Sale Recording Date: Feb 15, 2019
  • Current Sale Transaction ID: 11574003695
  • Current Sale Price: $118,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019103371
  • Previous Sale Recording Date: Dec 11, 2015
  • Previous Sale Contract Date: Dec 08, 2015
  • Previous Sale Amount: $98,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE BANK OF LINCOLN
  • First Mortgage Transaction Date: Feb 15, 2019
  • First Mortgage Loan Amount: $118,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Transaction Date: Dec 11, 2015

About Lincoln



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 603 North Sherman Street located in?
The 603 North Sherman Street is a located in the neighborhood of East Lincoln in Lincoln, Lincoln.
What is the average sales price for listings in 603 North Sherman Street?
The average sales price for units in 603 North Sherman Street is $0 currently.

Quantcast