NOT LISTED FOR SALE

415 W Franklin Ave Effingham, IL 62401

Estimated Value: $195,712

-- Bed
-- Bath
2,240 Sq Ft
$87/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $130,000 $58 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,349/month

215 Days on Market

About This Home

As of July 2021

Well Maintained Duplex units each with half of building on two floors. Each unit has 1,120 square feet.
Updates include: Unit B just got new carpet, new Kitchen cabinets and counter tops, and new Vanity/tops in Bathrooms. Roof replaced 5 years ago, new HVAC and WH in 2017, new Stove, Vent hood, Refrigerator, and flooring in 2018. New W/D in 2019. 100% occupancy. 2 bedrooms and full Bath upstairs. Living, Laundry (with half Bath) and Kitchen on lower level. Front and Back doors. Private patios out back. Concrete parking for 4 cars off street parking.

Last Agent to Sell the Property

Keith Hartman

RE/MAX Key Advantage License #475162306 Listed on: 09/23/2020

RE/MAX Key Advantage

Last Buyer's Agent

Jeff Fleeharty

RE/MAX Key Advantage

RE/MAX Key Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,169

Year Built

  • Built in 1988

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Range

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement with some natural light

Utilities

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

Community Details

  • 2 Units
  • Kobolts Sub Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 0316023104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,169

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1120.0
  • Directions: East of Maple St. South side of Franklin.
  • Lot Size Acres: 0.13
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Road Surface Type: Concrete
  • Building Stories: 2
  • Subdivision Name: Kobolts Sub
  • Year Built: 1988
  • Architectural Style: Bi-Level
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Has Basement: Daylight, Finished, Full
  • Basement YN: Yes
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement

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: 5663.0
  • Parcel #: 0316023104
  • Zoning: R-3
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3169.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
K & K Properties Llc
Bought by
Meyers Brian
Current Estimated Value
$195,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$158,312
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$30,827

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jul 1, 2021
Sold by
Wakefield Holdings Llc
Bought by
K & K Properties Llc
Seller's Agent
Keith Hartman
RE/MAX Key Advantage
Buyer's Agent
Jeff Fleeharty
RE/MAX Key Advantage
List Price
$137,500
Sold Price
$130,000
Premium/Discount to List
-$7,500
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$72,505
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 14, 2020
Sold by
Wakefield James A and Wakefield Rita M
Bought by
Wakefield Holdings Llc

Purchase Details

Closed on
Jun 6, 2005
Sold by
Wakefield James A and Wakefield Rita M
Bought by
Wakefield James A and Wakefiled Rita M

Purchase Details

Closed on
Dec 30, 2004
Sold by
Wakefield Rita
Bought by
Wakefield Land Trust #2
Source: Public Records

Range of Values:

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Average Value
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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
Meyers Brian $510,000 None Listed On Document
Meyers Brian $510,000 None Listed On Document
K & K Properties Llc $130,000 None Available
Wakefield Holdings Llc -- Accommodation
Wakefield James A -- None Available
Wakefield Land Trust #2 $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyers Brian $160,000
Closed Meyers Brian $160,000
Previous Owner K & K Properties Llc $72,505
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $130,000 -5.5% $58 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
09/23/2020 09/23/20 For Sale $137,500 -- $61 / 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 $3,399 $49,930 $12,120 $37,810
2022 $3,190 $45,810 $11,120 $34,690
2021 $3,290 $45,360 $11,010 $34,350
2020 $3,230 $44,080 $10,700 $33,380
2019 $3,169 $43,640 $10,590 $33,050
2018 $3,066 $41,960 $10,180 $31,780
2017 $3,014 $41,140 $9,980 $31,160
2016 $2,951 $39,940 $9,690 $30,250
2015 -- $38,780 $9,410 $29,370
2014 -- $37,650 $9,140 $28,510
2013 -- $36,910 $8,960 $27,950
2012 -- $36,370 $8,830 $27,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6206135

APN: 0316023104