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Off market
  • $202,900

    502 Water St, Lincoln, IL 62656

    3beds
    1,980sqft
    SingleFamily
    Built in 1892
    7,636 Square Feet Lot
    $202,900 Zestimate®
    $102/sqft
    $1,891 Estimated rent

    Home value

    $202,900

    $189,000 - $217,000

    $1,891/mo

    Zestimate® history
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    $1,891/mo

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    Rent Zestimate®

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    $1,458/mo

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    $1,458/mo

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    What's special

    Striking 3 bedroom, 2.5 bath two story home situated on an established lot on the corner of Lincoln Avenue and Water Street -- both of which are lined with gorgeous mature trees and lovely established homes! On the exterior, you will love the maintenance free vinyl siding, fabulous wrap around covered porch -- an ideal place to relax, entertain family and friends, and/or to simply watch the world go by, mature shade trees, and an attached two car garage. Inside, you will be welcomed by ample charm, rustic hardwood flooring found flowing throughout, and stunning well maintained and preserved prairie style woodwork. On the main floor, you will find a welcoming foyer complete with an open staircase, a comfortable den/living room area separated by the large family room area by captivating French doors (family room complete with a gas log fireplace, window seat, and abundant natural light -- also has an adjacent updated half bath), a formal dining room, and a gorgeous newer kitchen complete with hickory cabinetry, all appliances to remain, and a breakfast bar area -- without question, a kitchen to be proud of! Upstairs, you will find a full hall bath (upper landing area also features a great storage cabinet/built in) in addition to three roomy bedrooms including a fantastic master suite complete with adjacent laundry facilities and a recently added full private bath and walk-in closet area -- bath features noteworthy cathedral ceilings. Extensive updating has been done throughout home since 2004 -- all windows with the exception of two, updated furnace and central air conditioning unit, master bathroom addition, complete kitchen remodel, updated wiring, some plumbing, fresh paint, modernized fixtures -- the list goes on! If you are in the Lincoln, Illinois market for a wonderfully maintained and updated classic two story 3 bedroom, 2.5 bath home in the heart of town, look no further than 502 Water Street -- ample charm, upgrades/updates both inside and out, and oh so much more -- all conveniently located just a short stroll from historic downtown Lincoln, Illinois! Absolutely lovely!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,980 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 7,636 sqft
    Details
    • Parcel number: 0823700500

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1892

    Community & neighborhood

    Location
    • Region: Lincoln

    Price history

    DateEventPrice
    5/11/2021Sold$164,900+44.6%$83/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1006967 Report a problem
    10/20/2016Sold$114,000+3.7%$58/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA20160040 Report a problem
    8/14/2016Price change$109,900-8.3%$56/sqft
    Source: ME Realty #20160040 Report a problem
    7/21/2016Price change$119,900-4%$61/sqft
    Source: ME Realty #20160040 Report a problem
    4/18/2016Price change$124,900-7.4%$63/sqft
    Source: Zillow Rental Manager Report a problem
    3/12/2016Price change$134,900-3.6%$68/sqft
    Source: Zillow Rental Manager Report a problem
    2/13/2016Listed for sale$139,900+154.3%$71/sqft
    Source: Zillow Rental Manager Report a problem
    12/4/2015Sold$55,010+450.1%$28/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA20150500 Report a problem
    10/15/2015Price change$10,000$5/sqft
    Source: Auction.com Report a problem
    10/7/2015Listed for sale--
    Source: Auction.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,551 +6%$44,730 +8%
    2023$3,350 +3.8%$41,420 +7%
    2022$3,228 +4.6%$38,710 +4.2%
    2021$3,085 +1.6%$37,160 +1.5%
    2020$3,037 +2.6%$36,610 +2%
    2019$2,961 +1.2%$35,890
    2018$2,926 +53.8%$35,890 +2%
    2017$1,902 -39.7%$35,180 +0.1%
    2016$3,154 $35,140 -8.7%
    2015$3,154 $38,470
    2014$3,154 $38,470 +5.3%
    2013$3,154 $36,520 -1.7%
    2012$3,154 +53.7%$37,170 +39.3%
    2011$2,052 +1.6%$26,680 +0.1%
    2010$2,020 $26,650

    Find assessor info on the county website

    Neighborhood: 62656

    Nearby schools

    GreatSchools rating
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