NOT LISTED FOR SALE

1004 S Cherry St Effingham, IL 62401

Estimated Value: $99,105 - $233,000

1 Bed
1 Bath
800 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $88,500 $111 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $872/month

2 Days on Market

Highlights

  • Shed
  • Heating System Uses Gas
  • 1-Story Property
  • Central Air

About This Home

As of May 2021

Great investment!! Duplex includes both sides terrific income. Each unit includes 2 bedroom, 1 bathroom, family room, laundry hookup, and kitchen. Updates include new roof, new siding on the front, all new windows and exterior doors, flooring and countertops for side A, and new toilet. In 2020, owners received $550 for each unit. One side currently unoccupied ready for new tenant. Great opportunity ready for next buyer, call now to make your dream investment come true.

Last Agent to Sell the Property

Grant Beals

C21 Realty Concepts License #475184032 Listed on: 04/09/2021

Last Buyer's Agent

Brian Henning

Full Circle Realty License #471019637

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1980

Lot Details

  • 6,970

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Oven

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Shed
  • 6,970 Sq Ft Lot

Community Details

  • 2 Units
  • Robes Add Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 0316041051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,282

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Lot Size Acres: 0.16
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Subdivision Name: Robes Add
  • Year Built: 1980
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Oven, Refrigerator
  • Has Basement: Crawl Space
  • Owner Pays: Trash Collection, Water
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Shed
  • Roof: Asphalt
  • Waterfront: No
  • Foundation Details: Crawlspace
  • Other Structures: Shed(s)

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Effingham Dist. 40

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 0316041051
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1282.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 13, 2021
Sold by
Jbc Realty Llc
Bought by
Rack Properties Llc
Seller's Agent
Grant Beals
C21 Realty Concepts
Buyer's Agent
Brian Henning
Full Circle Realty
List Price
$92,500
Sold Price
$88,500
Premium/Discount to List
-$4,000
-4.32%
Current Estimated Value
$136,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,477
Avg. Annual Appreciation
11.35%
Original Mortgage
$70,800
Outstanding Balance
$64,840
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$74,749

Purchase Details

Closed on
Oct 31, 2018
Sold by
Gouchenouer Kevin D and Gouchenouer Connie
Bought by
Jbg Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2003
Sold by
Gouchenouer Kevin
Bought by
Gouchenouer Kevin D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rack Properties Llc $88,500 Attorneys Ttl Guaranty Fund
Jbg Realty Llc $53,000 None Available
Gouchenouer Kevin D $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rack Properties Llc $70,800
Previous Owner Jbg Realty Llc $53,000
Previous Owner Gouchenouer Kevin D $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $88,500 -4.3% $111 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $92,500 -- $116 / Sq Ft
Source: Central Illinois Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,376 $20,210 $5,460 $14,750
2022 $1,291 $18,540 $5,010 $13,530
2021 $1,332 $18,360 $4,960 $13,400
2020 $1,307 $17,840 $4,820 $13,020
2019 $1,282 $17,660 $4,770 $12,890
2018 $2,604 $35,640 $4,590 $31,050
2017 $2,560 $34,940 $4,500 $30,440
2016 $2,506 $33,920 $4,370 $29,550
2015 -- $32,930 $4,240 $28,690
2014 -- $31,970 $4,120 $27,850
2013 -- $31,340 $4,040 $27,300
2012 -- $30,880 $3,980 $26,900
Source: Public Records

Agents Affiliated with this Home

  • Grant Beals

    Seller's Agent in 2021

    Grant Beals

    C21 Realty Concepts

    (217) 821-5962

    158 Total Sales

    Section Image
  • Brian Henning

    Buyer's Agent in 2021

    Brian Henning

    Full Circle Realty

    (217) 803-0145

    254 Total Sales

    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6210658

APN: 0316041051

Illinois Effingham County Effingham 62401

1004 S Cherry St, Effingham, IL

This home is located at 1004 S Cherry St, Effingham, IL 62401 since 09 April 2021 and is currently estimated at $146,276, approximately $182 per square foot. This property was built in 1980. 1004 S Cherry St is a home located in Effingham County with nearby schools including South Side Grade School, Early Learning Center, and Central Grade School.

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