new - 2 days on rocket

518 7th St, Lincoln, IL, 62656

$125,000

Home List Price

$1,484*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,896 SqFt
$66/SqFt
House

Location

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518 7th St, Lincoln$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1892
HeatingNatural Gas
CoolingCeiling Fan(s)
BasementYes
MLS #CA1033647
StatusActive

About 518 7th St

A lovely vintage Victorian home! Beautiful woodwork - open stairway! Beautiful custom kitchen with cherry cabinets. Laundry on the main floor off the kitchen. Master suite on the and floor. Den/office on the main floor could be a 4th bedroom. Situated on a quiet tree-lined street on a spacious double lot. Roof and furnace new in 2012. Garage built in 2005. This is a great family home!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1892
  • Living Area: 1,896 SqFt

Listing Office:

  • Office Name: Werth & Assoc, REALTORS
  • Office Phone: (217) 735-3411
  • Listing Agent: Veronica Hasprey

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Oven, Refrigerator
  • Basement: Yes
  • Interior: Ceiling Fan(s), Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: West of Union Street 5 blocks

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $66/SqFt

Tax Information:

  • Annual Amount: $2,484
  • 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

518 7th St vs Lincoln

2 DAYS ON ROCKET

-37 Days

$125,000

+$3K More

$66/SqFt

-$24 Less

KEY TAKEAWAY

This property is $3K more than the Median Sold Price and $24/SqFt less than other homes in Lincoln, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1033647

Listing Office:

  • Office Name: Werth & Assoc, REALTORS
  • Office Phone: (217) 735-3411
  • Listing Agent: Veronica Hasprey

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: 12/25/2024, 11:51:00 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$2,484$25,950
2019$1,825$25,440
2018$1,815$24,460
2017$719$24,460

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-1590471
8
/10

  • Central Elementary School

  • 100 7th St

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-1590472
7
/10

  • Northwest Elementary School

  • 506 11th St

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-1590473
7
/10

  • Washington-Monroe Elementary School

  • 1002 Pekin St

  • 0.89 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 $45,046. The most common annual income of people living in Lincoln, IL is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 7th St

What is the listing price of this property?

The listing price of 518 7th St property is $125,000.

What type of property is this?

The property 518 7th St is a house located in Lincoln, Illinois, 62656.

Is this property for sale now?

Active Listing: 518 7th St 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 $2,484 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 518 7th St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 518 7th St is 1,896 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 7th St is 1892.

Rocket Homes›Illinois›Logan County›Lincoln›62656›518 7th St

This home is located at 518 7th St in Lincoln, IL and zip code 62656. This 1,896 square foot home was built in 1892. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $125,000.

While more than 6 listings in Lincoln, IL in November 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 13 were sold below. Between October 2024 and November 2024, Lincoln, IL real estate market has seen decrease in the number of listings by 23.5%. Listings spent 39 days on the market in November 2024, and had a median list price of $121,950 during the same period.

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

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