NOT LISTED FOR SALE

419 W Franklin Ave Effingham, IL 62401

Estimated Value: $109,526

-- Bed
-- Bath
1,390 Sq Ft
$79/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $78,000 $56 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $748/month

13 Days on Market

About This Home

As of November 2020

Fully occupied with long term tenants. Great centralized location in Effingham makes it a quick walk to downtown Effingham for shopping/services. This Building has a shared Basement with coin operated W/D. Both units can access basement through their Kitchens. Roof was replaced 5 years ago, Central A/C added to both units, insulation added in Attic and replacement windows added. The Sewer line has also been replaced. The way this duplex is set up, it could easily be converted back to a single family home if desired.

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

Non Member

Central Illinois Board of REALTORS License ##N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1938

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Masonite

Interior Spaces

  • 1,390 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • 2 Units
  • Ft Kobolts Sub Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 0316023137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,150

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1390.0
  • Directions: East off of N Maple St. Duplex is on the south side of Franklin Ave.
  • Lot Size Acres: 0.14
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Road Surface Type: Gravel
  • Building Stories: 1
  • Subdivision Name: Ft Kobolts Sub
  • Year Built: 1938
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Masonite
  • 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: 6098.0
  • Parcel #: 0316023137
  • 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: 2150.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 16, 2020
Sold by
Wakefield Holdings Llc
Bought by
Infinity Grounds Llc
Seller's Agent
Keith Hartman
RE/MAX Key Advantage
Buyer's Agent
Non Member
Central Illinois Board of REALTORS
List Price
$85,000
Sold Price
$78,000
Premium/Discount to List
-$7,000
-8.24%
Current Estimated Value
$109,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,526
Avg. Annual Appreciation
6.97%
Original Mortgage
$62,400
Outstanding Balance
$2,224
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$107,302

Purchase Details

Listed on
Sep 23, 2020
Closed on
Oct 14, 2020
Sold by
Wakefield James A and Wakefield Rita M
Bought by
Wakefield Holdings Llc
Seller's Agent
Keith Hartman
RE/MAX Key Advantage
Buyer's Agent
Non Member
Central Illinois Board of REALTORS
List Price
$85,000
Sold Price
$78,000
Premium/Discount to List
-$7,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Outstanding Balance
$2,224
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$107,302

Purchase Details

Closed on
Nov 16, 2001
Sold by
Wakefield Rita
Bought by
Wakefield Land Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Infinity Grounds Llc $78,000 Attorney
Wakefield Holdings Llc -- Attorney
Wakefield Land Trust $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Infinity Grounds Llc $62,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $78,000 -8.2% $56 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $85,000 -- $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
2024 $2,063 $36,530 $14,770 $21,760
2023 $1,853 $33,210 $13,430 $19,780
2022 $2,122 $30,470 $12,320 $18,150
2021 $2,188 $30,170 $12,200 $17,970
2020 $2,192 $29,910 $11,860 $18,050
2019 $2,150 $29,610 $11,740 $17,870
2018 $2,081 $28,470 $11,290 $17,180
2017 $2,045 $27,910 $11,070 $16,840
2016 $2,002 $27,100 $10,750 $16,350
2015 -- $26,310 $10,440 $15,870
2014 -- $25,550 $10,140 $15,410
2013 -- $25,050 $9,940 $15,110
2012 -- $24,680 $9,790 $14,890
Source: Public Records

Agents Affiliated with this Home

  • Keith Hartman

    Seller's Agent in 2020

    Keith Hartman

    RE/MAX

    (217) 821-7333

    114 in this area

    301 Total Sales

    Keith Hartman
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    Central Illinois Board of REALTORS

See All Agents

Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6206139

APN: 0316023137

Illinois Effingham County Effingham 62401

419 W Franklin Ave, Effingham, IL

Not Listed for Sale

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