NOT LISTED FOR SALE

405 W Edgar Ave Effingham, IL 62401

Estimated Value: $81,000 - $211,000

3 Beds
1 Bath
1,580 Sq Ft
$85/Sq Ft Est. Value

Last Sold January 26, 2015

Last sale price $29,900 $19 Per Sq Ft

Est. 351% increase in value since last sale

Current estimated payment $832/month

36 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2015

This property is available under the FreddieMac HOMESTEPSFIRST LOOK INITIATIVE (owner occupied) until 12/9/14. The property is selling in an As Is condition. All offers mustbe accompanied by $1,000 earnest money in certified funds and by a bank loan approval letter or proof of fundsto close.

Last Agent to Sell the Property

Steve Shank

Shank Real Estate Listed on: 11/20/2014

Last Buyer's Agent

Steve Shank

Shank Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,136

Year Built

  • Built in 1926

Lot Details

  • 4,960 Sq Ft Lot
  • Lot Dimensions are 40' x 124'
  • Property is zoned R-3

Home Design

  • Bungalow
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Western Adn. Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-16-034-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,136

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1580.0
  • Directions: West Fayette to Walnut, turn right (south) to Edgar, lefton Edgar to subject on right.
  • Lot Size Acres: 0.11
  • Lot Size: 40' x 124'
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: None
  • Subdivision Name: Western Adn.
  • Year Built: 1926
  • Architectural Style: Bungalow
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Electric Water Heater, None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Stories: 1
  • ResoLivingAreaSource: Other

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, 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: 4960.0
  • Parcel #: 03-16-034-040
  • Zoning: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1135.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2014
Closed on
Feb 16, 2015
Sold by
Fp7 Enterprises Llc
Bought by
Federal Home Loan Mortgage Corp
Seller's Agent
Steve Shank
Shank Real Estate
Buyer's Agent
Steve Shank
Shank Real Estate
List Price
$39,900
Sold Price
$29,900
Premium/Discount to List
-$10,000
-25.06%
Current Estimated Value
$134,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,836
Avg. Annual Appreciation
13.59%

Purchase Details

Listed on
Nov 20, 2014
Closed on
Jan 6, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fp7 Enterprises Llc
Seller's Agent
Steve Shank
Shank Real Estate
Buyer's Agent
Steve Shank
Shank Real Estate
List Price
$39,900
Sold Price
$29,900
Premium/Discount to List
-$10,000
-25.06%

Purchase Details

Closed on
Jun 24, 2014
Sold by
Speagle Anthony R and Speagle Jasara A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 14, 2008
Sold by
Mitchell George T and Mitchell Linda L
Bought by
Speagle Anthony R and Speagle Jasara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.15%
Mortgage Type
New Conventional
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
Federal Home Loan Mortgage Corp $24,900 --
Fp7 Enterprises Llc $12,500 None Available
Federal Home Loan Mortgage Corporation $54,846 None Available
Speagle Anthony R $56,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Speagle Anthony R $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2015 01/26/15 Sold $29,900 -25.1% $19 / Sq Ft
12/27/2014 12/27/14 Pending -- -- --
11/20/2014 11/20/14 For Sale $39,900 -- $25 / 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 $1,405 $20,630 $5,170 $15,460
2022 $1,317 $18,920 $4,740 $14,180
2021 $1,359 $18,730 $4,690 $14,040
2020 $1,334 $18,200 $4,560 $13,640
2019 $1,308 $18,010 $4,510 $13,500
2018 $1,266 $17,320 $4,340 $12,980
2017 $1,244 $16,980 $4,250 $12,730
2016 $1,218 $16,490 $4,130 $12,360
2015 -- $12,000 $4,010 $7,990
2014 -- $22,070 $3,890 $18,180
2013 -- $21,630 $3,810 $17,820
2012 -- $21,310 $3,750 $17,560
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Steve Shank

    Shank Real Estate

See All Agents

Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6136026

APN: 0316034040

Illinois Effingham County Effingham 62401

405 W Edgar Ave, Effingham, IL

This home is located at 405 W Edgar Ave, Effingham, IL 62401 since 20 November 2014 and is currently estimated at $134,736, approximately $85 per square foot. This property was built in 1926. 405 W Edgar Ave is a home located in Effingham County with nearby schools including South Side Grade School, Early Learning Center, and Central Grade School.

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