15 days on rocket

227 Palmer Ave, Lincoln, IL, 62656

$220,000

Home List Price

$2,613*

Closing Credit

4 Bedrooms
2 Full Baths
2,181 SqFt
$101/SqFt
House

Location

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227 Palmer Ave, Lincoln$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached Garage1 space
Year Built1975
HeatingNatural Gas, Solar, Central
BasementYes
MLS #CA1033376
StatusActive

About 227 Palmer Ave

Spacious updated home with party friendly Backyard!! 4 bedrooms, 2 full baths, new laminate flooring in most rooms, new furnace, a/c & roof in 2019 & equipped with a tankless water heater!!! This home has a large eat-in kitchen and huge pantry, cozy electric fireplace in the 18'x13' living room plus 2 bedrooms & very nice full bath on main level. Upper level consists of 2 oversized bedrooms & large full bath. The Master Bedroom has a a 13.7'x11' walk-in closet!!! Yay! All other bedrooms have LOTS of closet space & if thats not enough there's even attic storage!! The basement has an actual Theater room with screen, projector & seating that can remain with home. 200 amp electrical service, laundry area, furnace & more storage on other half of basement. Sliding doors off the kitchen to the GREAT summer fun area. 18'x36' above ground pool, Composite multi-level decks, fully fenced, Pagoda, plus storage shed at back of property. Solar panels are leased but are a great asset & transferrable to new owner!! Built-in safe for your valuables too!! Its a dream home for sure!

Property Details

Property Features

Property Information:

  • Architectural Style: One and Half Story
  • Year Built: 1975
  • Living Area: 2,181 SqFt

Listing Office:

  • Office Name: Johnson Real Estate
  • Office Phone: (217) 648-5015
  • Listing Agent: Patricia White

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Solar, Central

Other

Directions Information:

  • Directions: Woodlawn Rd to N on Palmer Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000
  • Price Per SqFt: $101/SqFt

Tax Information:

  • Annual Amount: $2,996
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lincoln, IL.

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Lincoln, IL

City

Med. Sold Price

$121.9K

Med. Price/SqFt

$89

Avg. Days On Market

39

# of Sold Homes

24

227 Palmer Ave vs Lincoln

15 DAYS ON ROCKET

-24 Days

$220,000

+$98K More

$101/SqFt

+$11 More

KEY TAKEAWAY

This property is $98K more than the Median Sold Price and $11/SqFt more than other homes in Lincoln, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1033376

Listing Office:

  • Office Name: Johnson Real Estate
  • Office Phone: (217) 648-5015
  • Listing Agent: Patricia White

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,996$37,430
2019$2,895$36,690
2018$2,879$35,280
2017$1,589$35,280

History based on county public records data.

Payment Calculator

$1,166

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4338764
7
/10

  • Northwest Elementary School

  • 506 11th St

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-4338765
8
/10

  • Central Elementary School

  • 100 7th St

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-4338766
7
/10

  • Washington-Monroe Elementary School

  • 1002 Pekin St

  • 1.24 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,357. The most common annual income of people living in Lincoln, IL is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 227 Palmer Ave

What is the listing price of this property?

The listing price of 227 Palmer Ave property is $220,000.

What type of property is this?

The property 227 Palmer Ave is a house located in Lincoln, Illinois, 62656.

Is this property for sale now?

Active Listing: 227 Palmer Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,996 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 227 Palmer Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 227 Palmer Ave is 2,181 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 227 Palmer Ave is 1975.

Rocket Homes›Illinois›Logan County›Lincoln›62656›227 Palmer Ave

This home is located at 227 Palmer Ave in Lincoln, IL and zip code 62656. This 2,181 square foot home was built in 1975. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $220,000.

Lincoln, IL housing market in November 2024 saw over 6 listings sold above listed price, more than 5 sold at listed price and over 13 sold below. The number of homes for sale in Lincoln, IL decreased by 23.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $121,950, while the average time on the real estate market was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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