NOT LISTED FOR SALE

20322 N 500th St Shumway, IL 62461

Estimated Value: $132,500

37 Acres
$3,581 Price per Acre
1,611,720 Sq Ft Lot

Last Sold January 21, 2022

Last sale price $124,800

Est. 6% increase in value since last sale

Current estimated payment $830/month

14 Days on Market

About This Lot

As of January 2022

This home is located at 20322 N 500th St, Shumway, IL 62461 since 08 December 2021 and is currently priced at $132,500. 20322 N 500th St is a home located in Effingham County with nearby schools including Beecher City Grade School and Beecher City Junior/Senior High School.

Last Agent to Sell the Property

Corey Sandschafer

MIDWEST FARM & LAND License #475188269 Listed on: 12/08/2021

Last Buyer's Agent

Corey Sandschafer

MIDWEST FARM & LAND License #475188269 Listed on: 12/08/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200

Lot Details

Schools

  • Beecher City High School

Utilities

  • Water Not Available
  • Sewer Not Available

Property Details

Property Type

Land

Est. Annual Taxes

$200

Lot Details

0

Listing Details

  • Class: Lots/Acres/Farms
  • Type: Recreational Land
  • Lvt Date: 04/11/2022
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Water Sewer: No Sewer, No Water

Schools

  • High School: Beecher City

Lot Info

  • Estimated Lot Size: 26
  • Lot Description: Wooded, Pasture
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 200
  • Parcel Id Number Tax Id: 0504024016
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 21, 2022
Sold by
Love Of Land Llc
Bought by
Young Brandt
Seller's Agent
Corey Sandschafer
MIDWEST FARM & LAND
Buyer's Agent
Corey Sandschafer
MIDWEST FARM & LAND
List Price
$143,000
Sold Price
$124,800
Premium/Discount to List
-$18,200
-12.73%
Current Estimated Value
$132,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,700
Original Mortgage
$116,107
Outstanding Balance
$107,160
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2021
Sold by
Grant Sharon R and Grant Gary
Bought by
Love Of Land Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,900
Interest Rate
2.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2006
Sold by
Buesking Sharon R and Grant Gary
Bought by
Grant Sharon R and Grant Gary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Young Brandt $125,000 Orr Law Llc
Love Of Land Llc $101,500 Attorney
Grant Sharon R -- Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Brandt $116,107
Previous Owner Love Of Land Llc $176,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $124,800 -12.7% --
12/22/2021 12/22/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $143,000 -- --
Source: RMLS Alliance

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
2020 $512 $14,150 $5,750 $8,400
2019 $463 $13,270 $5,110 $8,160
2018 $405 $12,330 $4,480 $7,850
2017 $331 $11,560 $3,940 $7,620
2016 -- $10,740 $3,410 $7,330
2015 -- $9,950 $2,900 $7,050
2014 -- $9,480 $2,630 $6,850
2013 -- $9,270 $2,550 $6,720
2012 -- $9,160 $2,510 $6,650
Source: Public Records

Agents Affiliated with this Home

  • Corey Sandschafer

    Seller's Agent in 2022

    Corey Sandschafer

    MIDWEST FARM & LAND

    (618) 532-1961

    47 Total Sales

    Corey Sandschafer
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Map

Source: RMLS Alliance

MLS Number: EB443954

RMLS Alliance

APN: 0504024016

Illinois Effingham County Shumway 62414

20322 N 500th St, Shumway, IL

Not Listed for Sale

Lots

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