NOT LISTED FOR SALE

404 S 5th St Unit A Effingham, IL 62401

Estimated Value: $232,387 - $255,000

1 Bed
1 Bath
-- Sq Ft
6,970 Sq Ft Lot

Highlights

  • Main Floor Primary Bedroom
  • Floor Furnace
  • 1-Story Property
  • Central Air
  • Wood Siding

About This Home

As of April 2024

1 Bedroom 1 bath apartment close to downtown; Landlord pays water/sewer, trash removal, and lawncare.

Last Agent to Rent the Property

Jeff Speer

RE/MAX Key Advantage License #471000363 Listed on: 04/05/2024

RE/MAX Key Advantage

Last Renter's Agent

Jeff Speer

RE/MAX Key Advantage License #471000363 Listed on: 04/05/2024

RE/MAX Key Advantage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,970

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

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

Additional Features

  • 1-Story Property
  • 6,970 Sq Ft Lot

Community Details

  • Railroad Add Subdivision

Listing and Financial Details

  • Property Available on 4/1/24
  • Tenant pays for cable TV, electricity, gas, telephone
  • The owner pays for grounds care, trash collection, water
  • Assessor Parcel Number 0316036015

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone
  • Available Date: 2024-04-01

Listing Details

  • Lot Size Acres: 0.16
  • Property Sub Type: Duplex
  • Prop. Type: Residential Lease
  • Building Stories: 1
  • Subdivision Name: Railroad Add
  • Year Built: 1940
  • Road Frontage Type: City Street
  • Garage Yn: No
  • Unit Levels: One
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Interior Amenities: Main Level Primary
  • Owner Pays: Grounds Care, Trash Collection, Water
  • Fireplace: No
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding
  • Roof: Shingle
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Heating: Floor Furnace, 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 #: 0316036015
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3104.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2024
Sold by
Brink Robin Kay Ten and Bruno Robin Kay
Bought by
Rack Properties Llc
Current Estimated Value
$246,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,760
Outstanding Balance
$104,041
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$137,073

Purchase Details

Closed on
Apr 26, 2017
Sold by
Schaefer Wilbert and Schaefer Todd
Bought by
Brink Robin Kay Ten

Purchase Details

Closed on
Jun 28, 2005
Sold by
Boxley Thelma and Boxley Dale
Bought by
Schaefer Todd and Schaefer Wilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Rack Properties Llc $750,000 None Listed On Document
Brink Robin Kay Ten $38,000 Attorney
Schaefer Todd $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rack Properties Llc $104,760
Previous Owner Schaefer Todd $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Rented $750 0.0% --
04/05/2024 04/05/24 For Rent $750 -- --
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 $3,307 $48,570 $7,600 $40,970
2022 $945 $44,560 $6,970 $37,590
2021 $3,200 $44,120 $6,900 $37,220
2020 $1,232 $16,810 $6,710 $10,100
2019 $1,208 $16,640 $6,640 $10,000
2018 $945 $12,930 $6,380 $6,550
2017 $928 $12,670 $6,250 $6,420
2016 $1,960 $26,530 $6,070 $20,460
2015 -- $25,750 $5,890 $19,860
2014 -- $25,000 $5,720 $19,280
2013 -- $24,510 $5,610 $18,900
2012 -- $24,150 $5,530 $18,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6241147

APN: 0316036015