NOT LISTED FOR SALE

306 N Oak St Effingham, IL 62401

Estimated Value: $339,506

2 Beds
1 Bath
5,700 Sq Ft
$60/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $230,000 $40 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,331/month

97 Days on Market

About This Home

As of May 2019

Income producing property in the Heart of Effingham! Nice two bedroom bath and a half townhouse. These units stay full!! Perfect easy living floor plans with stackable washer and dryers in each unit. There is a small outbuilding included that rents for $55 a month. Each unit also has its own 11x12 patio.**Seller is a licensed real estate agent.**

Last Agent to Sell the Property

Lucas Bockhorn

Weichert, Realtors / Heart & Home Listed on: 01/09/2019

Last Buyer's Agent

Janet Bullard

C21 Realty Concepts License #475139555

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,044

Year Built

  • Built in 1976

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 142 x 100

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5,700 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outbuilding

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • 6 Units
  • Operating Expense $10,220

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 03-16-017-040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,044

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: East on St Anthony then North on Oak St
  • Lot Size Acres: 0.33
  • Lot Size: 142 x 100
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Road Surface Type: Concrete
  • Building Stories: 2
  • Year Built: 1976
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Water Heater, Oven, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Owner Pays: Trash Collection, Water
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Roof: Other, Shingle
  • Waterfront: No
  • Foundation Details: Crawlspace
  • Other Structures: Outbuilding

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • 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: 14200.0
  • Parcel #: 03-16-017-040
  • Zoning: MLT
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Annual Operating Expense: 10220.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7044.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
Gene Niemerg Llc
Bought by
Oak Street Property Group Llc
Current Estimated Value
$339,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,500
Outstanding Balance
$13,991
Interest Rate
6.61%
Estimated Equity
$325,515

Purchase Details

Listed on
Jan 9, 2019
Closed on
May 31, 2019
Sold by
Bockhorn Lucas B and Bockhorn Beth A
Bought by
Gene Niemerg Llc
Seller's Agent
Lucas Bockhorn
Weichert, Realtors / Heart & Home
Buyer's Agent
Janet Bullard
C21 Realty Concepts
List Price
$244,000
Sold Price
$230,000
Premium/Discount to List
-$14,000
-5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$161,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 9, 2008
Sold by
Hartman Keith W and Hartman Jill A
Bought by
Jr2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,080
Interest Rate
6.68%
Mortgage Type
Commercial
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
Oak Street Property Group Llc $290,000 --
Gene Niemerg Llc $230,000 Attorney
Jr2 Llc $233,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oak Street Property Group Llc $14,500
Open Oak Street Property Group Llc $232,000
Previous Owner Gene Niemerg Llc $161,000
Previous Owner Jr2 Llc $186,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2019 05/31/19 Sold $230,000 -5.7% $40 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $244,000 -2.4% $43 / Sq Ft
03/16/2016 03/16/16 Sold $250,000 -3.8% $44 / Sq Ft View Prior Sale
01/11/2016 01/11/16 Pending -- -- --
06/09/2015 06/09/15 For Sale $260,000 -- $46 / 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
2024 $6,520 $96,510 $35,920 $60,590
2023 $5,973 $87,730 $32,650 $55,080
2022 $5,605 $80,480 $29,950 $50,530
2021 $5,779 $79,680 $29,650 $50,030
2020 $5,674 $77,430 $28,810 $48,620
2019 $5,567 $76,660 $28,520 $48,140
2018 $7,167 $98,070 $27,420 $70,650
2017 $7,044 $96,140 $26,880 $69,260
2016 $6,896 $93,340 $26,100 $67,240
2015 -- $90,620 $25,340 $65,280
2014 -- $87,980 $24,600 $63,380
2013 -- $86,260 $24,120 $62,140
2012 -- $84,980 $23,760 $61,220
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lucas Bockhorn

    Weichert, Realtors / Heart & Home

  • Janet Bullard

    Buyer's Agent in 2019

    Janet Bullard

    C21 Realty Concepts

    (217) 342-6080

    10 in this area

    29 Total Sales

    Janet Bullard
    Section Image
  • Courtney Kidd

    Seller's Agent in 2016

    Courtney Kidd

    RE/MAX

    (217) 821-5047

    31 in this area

    49 Total Sales

    Courtney Kidd
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6190107

APN: 0316017040

Illinois Effingham County Effingham 62401

306 N Oak St, Effingham, IL

Not Listed for Sale

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