$127,000
SOLD DEC 27, 2024

114 S Maple St Effingham, IL 62401

-- Bed
-- Bath
1,224 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$104 Per Sq Ft

20% Below List Price

206 Days on Market

About This Home

As of December 2024

Two 1 bedroom/1 bath units 1224sq ft each and a large 35'x45' insulated garage! Each unit has its own furnace, electric, & gas. One is currently vacant and the other has had a long term tenant. Garage has two 10'x10' overhead doors with door openers and a 200amp breaker box. The garage is fantastic storage for cars, trucks, boats, etc and could also be rented monthly. This is 1 of 4 lots that can be combined to own a large corner of Maple & Jefferson.

Last Agent to Sell the Property

Jeff Speer

RE/MAX Key Advantage License #471000363 Listed on: 04/22/2024

RE/MAX Key Advantage

Co-Listed By

Alexis Speer

RE/MAX Key Advantage License #3430476

Last Buyer's Agent

Samantha Hoedebecke

RE/MAX Key Advantage

RE/MAX Key Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,648

Year Built

  • Built in 1880

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,224 Sq Ft Home
  • 2-Story Property
  • Range

Additional Features

  • 9,148 Sq Ft Lot
  • Water Heater

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 0316030056

Community Details

Overview

  • 2 Units
  • Western Add Subdivision

Building Details

  • Operating Expense $4,850
  • Net Operating Income $8,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,648

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1224.0
  • Co List Office Mls Id: 130
  • Co List Office Phone: (217) 347-0404
  • Lot Size Acres: 0.21
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: Western Add
  • Year Built: 1880
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator, Water Heater
  • Owner Pays: Trash Collection
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Waterfront: No

Utilities

  • Cooling: Other
  • Water Source: Public
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Effingham Dist. 40

Lot Info

  • Lot Size Sq Ft: 9148.0
  • Parcel #: 0316030056
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Property Net Operating Income: 8350.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4850.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2648.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Dec 18, 2024
Sold by
Schallert Trust and Schallert Steven G
Bought by
Lustig David C
Seller's Agent
Jeff Speer
RE/MAX Key Advantage
Buyer's Agent
Samantha Hoedebecke
RE/MAX Key Advantage
List Price
$159,000
Sold Price
$127,000
Premium/Discount to List
-$32,000
-20.13%
Views
104
Current Estimated Value
$169,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,273
Avg. Annual Appreciation
40.88%
Original Mortgage
$101,600
Outstanding Balance
$101,341
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$58,445
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 Type Sale Price Title Company
Deed $381,000 None Listed On Document
Deed $381,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,600 New Conventional
Closed $101,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $127,000 -11.8% $104 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/10/2024 11/10/24 Price Changed $144,000 -3.4% $118 / Sq Ft
10/16/2024 10/16/24 Price Changed $149,000 -3.2% $122 / Sq Ft
08/15/2024 08/15/24 Price Changed $154,000 -3.1% $126 / Sq Ft
04/22/2024 04/22/24 For Sale $159,000 -- $130 / 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 $2,821 $41,440 $10,160 $31,280
2022 $2,546 $38,020 $9,320 $28,700
2021 $2,731 $37,650 $9,230 $28,420
2020 $2,682 $36,590 $8,970 $27,620
2019 $2,631 $36,230 $8,880 $27,350
2018 $2,546 $34,840 $8,540 $26,300
2017 $2,502 $34,150 $8,370 $25,780
2016 $2,450 $33,160 $8,130 $25,030
2015 -- $32,190 $7,890 $24,300
2014 -- $31,250 $7,660 $23,590
2013 -- $30,640 $7,510 $23,130
2012 -- $30,190 $7,400 $22,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6241428

APN: 0316030056