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2724 South Lincoln Avenue

2724 South Lincoln Avenue, Springfield, IL 62704
House in Woodside
Sold Dec 03, 2019
$109,900
$107,908 by Quicken Loans Inc
Mortgage Due Dec 01, 2049
Sold Jul 22, 2019
$65,000
$94,000 by Cnb Bank & Trust Na
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 8,124 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, 2724 South Lincoln Avenue sold most recently in Nov 22, 2019 for a total of $109,900. Before that, the property was also sold for $65,000 in Jul 19, 2019. 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 $2,848 in taxes each year. 2724 South Lincoln Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $32,431. If we break it down further, the land itself was valued at $6,787. Improvements to the property, however, were assessed at a total of $25,644. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Vinyl Siding
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: 8,124
  • 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: BRANCATOS SUB
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: N BRANCATOS SUB L 20 W GRAND PLACE L 15

Ownership

  • Current Owner : USHMAN DAVID D
  • Previous Owner : SKERSTON JACK A
  • Owner Before Previous Owner: TAZMANIAN INVESTMENTS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Springfield School District 186
  • Census Tract: 002801

Zoning

  • Zoning: R1

Geography

  • Account Number: 22080228010 (CHECK DIGIT = 6)
  • District: 02
  • Parcel: 22-08.0-228-010
  • Municipality: WOODSIDE
  • Latitude: 39.7693
  • Longitude: -89.672

    Address

  • Full Address: 2724 S Lincoln Ave
  • Address - House Number: 2724
  • Street Direction: S
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Springfield
  • Carrier Code: C087
  • 4-Digit Zip Code: 4935
  • Zip Code: 62704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,848
  • Tax Rate Code Area: A07

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 76
  • Final Value: 133,308
  • High Value: 157,543
  • Low Value: 109,072

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $107,908
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 03, 2019
  • First Open Lien Mortgage Loan Amount: $107,908
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $97,293
  • Market Land Value: $20,361
  • Market Improvement Value: $76,932

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,431
  • Assessed Land Value: $6,787
  • Assessed Improvements Value: $25,644

    Sales

  • Current Sale Contract Date: Nov 22, 2019
  • Current Sale Recording Date: Dec 03, 2019
  • Current Sale Transaction ID: 11725901483
  • Current Sale Price: $109,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26611
  • Previous Sale Recording Date: Jul 22, 2019
  • Previous Sale Contract Date: Jul 19, 2019
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Dec 03, 2019
  • First Mortgage Loan Amount: $107,908
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CNB BANK & TRUST NA
  • Previous Mortgage Transaction Date: Jul 22, 2019
  • Previous Mortgage Loan Amount: $94,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Springfield



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Frequently Asked Questions

What neighborhood is 2724 South Lincoln Avenue located in?
The 2724 South Lincoln Avenue is a house located in the neighborhood of Woodside in Springfield, Springfield.
What is the average sales price for listings in 2724 South Lincoln Avenue?
The average sales price for units in 2724 South Lincoln Avenue is $0 currently.

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