1500 W Fayette Ave Effingham, IL 62401
Estimated Value: $613,000 - $1,108,000
--
Bed
--
Bath
4,508
Sq Ft
$175/Sq Ft
Est. Value
About This Home
This home is located at 1500 W Fayette Ave, Effingham, IL 62401 and is currently estimated at $790,474, approximately $175 per square foot. 1500 W Fayette Ave is a home with nearby schools including South Side Grade School, Early Learning Center, and Central Grade School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 27, 2021
Sold by
Zheng Shi Chang
Bought by
Dong Jiahang
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$482,484
Interest Rate
4.25%
Mortgage Type
Commercial
Estimated Equity
$307,990
Purchase Details
Closed on
May 1, 2019
Sold by
Nieinerg Eugene H
Bought by
Zheng Shi Chang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
2.39%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dong Jiahang | $700,000 | Attorney | |
| Zheng Shi Chang | $580,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dong Jiahang | $560,000 | |
| Previous Owner | Zheng Shi Chang | $476,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $14,074 | $208,330 | $44,730 | $163,600 |
| 2023 | $12,894 | $189,390 | $40,660 | $148,730 |
| 2022 | $12,101 | $173,750 | $37,300 | $136,450 |
| 2021 | $12,477 | $172,030 | $36,930 | $135,100 |
| 2020 | $12,252 | $167,180 | $35,890 | $131,290 |
| 2019 | $12,020 | $165,520 | $35,530 | $129,990 |
| 2018 | $11,630 | $159,150 | $34,160 | $124,990 |
| 2017 | $11,431 | $156,030 | $33,490 | $122,540 |
| 2016 | $11,191 | $151,480 | $32,510 | $118,970 |
| 2015 | -- | $147,060 | $31,560 | $115,500 |
| 2014 | -- | $142,780 | $30,640 | $112,140 |
| 2013 | -- | $139,980 | $30,040 | $109,940 |
| 2012 | -- | $137,920 | $29,600 | $108,320 |
Source: Public Records
Map
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