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1003 Decatur Street

1003 Decatur Street, Lincoln, IL 62656
Property in East Lincoln
Sold Nov 20, 2018
$75,500
$75,161 by State Bank Of Lincoln
Mortgage
Sold Mar 06, 2009
$54,000
This has been categorized as a residential property type. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. 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, 1003 Decatur Street sold most recently in Nov 16, 2018 for a total of $75,500. Before that, the property was also sold for $54,000 in Mar 6, 2009. 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 $1,736 in taxes each year. 1003 Decatur Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,590. If we break it down further, the land itself was valued at $3,740. Improvements to the property, however, were assessed at a total of $19,850. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 400
  • 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
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 8-498 S31 T20 R2 (D-7156) 40 X 160 FT PT SW SE.

Ownership

  • Current Owner : IRVIN DANIEL R
  • Previous Owner : LACROIX JEREMIE Y
  • Owner Before Previous Owner: LACROIX JEREMIE Y
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Lincoln Elementary School District 27
  • Census Tract: 953300

Geography

  • District: 08
  • Parcel: 08-031-089-00
  • Meridian: SEC 31 TWN 20 RNG 02
  • Municipality: EAST LINCOLN
  • Latitude: 40.1393
  • Longitude: -89.3581

    Address

  • Full Address: 1003 Decatur St
  • Address - House Number: 1003
  • Address - Street Name: Decatur
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lincoln
  • Carrier Code: C001
  • 4-Digit Zip Code: 3126
  • Zip Code: 62656

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,736
  • Tax Rate Code Area: 08002

    Appraisal Valuation

  • Standard Deviation: 0.1218
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 75
  • Final Value: 86,503
  • High Value: 97,041
  • Low Value: 75,964

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,161
  • First Open Lien Mortgage Lender: STATE BANK OF LINCOLN
  • First Open Lien Mortgage Recording Date: Nov 20, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $75,161
  • 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: $70,770
  • Market Land Value: $11,220
  • Market Improvement Value: $59,550

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,590
  • Assessed Land Value: $3,740
  • Assessed Improvements Value: $19,850

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2018
  • Current Sale Recording Date: Nov 20, 2018
  • Current Sale Transaction ID: 11536250144
  • Current Sale Price: $75,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018102362
  • Previous Sale Recording Date: Mar 06, 2009
  • Previous Sale Contract Date: Mar 06, 2009
  • Previous Sale Amount: $54,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE BANK OF LINCOLN
  • First Mortgage Transaction Date: Nov 20, 2018
  • First Mortgage Loan Amount: $75,161
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lincoln



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Frequently Asked Questions

What neighborhood is 1003 Decatur Street located in?
The 1003 Decatur Street is a located in the neighborhood of East Lincoln in Lincoln, Lincoln.
What is the average sales price for listings in 1003 Decatur Street?
The average sales price for units in 1003 Decatur Street is $0 currently.

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