NOT LISTED FOR SALE

500 S 5th St Effingham, IL 62401

Effingham Area

Estimated Value: $135,000 - $182,000

1 Bed
1 Bath
1,012 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: August 2, 2024

Last sale price $250,000 $247 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $949 / mo

About This Home

As of August 2024

MASSIVE INVESTMENT OPPORTUNITY!! THE PRICE REFLECTS A TOTAL OF THREE PROPERTIES BEING SOLD TOGETHER! SEE ADDITIONAL LISTINGS!!!! These homes are located within a short walk of downtown Effingham and Bliss Park! This home offers 2 units for rent of which 1 is currently being rented and the other half is almost completely remodeled! This is a package deal but seller may be willing to separate them depending on offer! THE PRICE REFLECTS A TOTAL OF THREE PROPERTIES BEING SOLD TOGETHER! SEE ADDITIONAL LISTINGS!!!!

Last Agent to Sell the Property

Matt Dammerman

Dammerman and Associates Elite Realty License #471004701 Listed on: 08/02/2024

Dammerman and Associates Elite Realty

Last Buyer's Agent

Matt Dammerman

Dammerman and Associates Elite Realty License #471004701 Listed on: 08/02/2024

Dammerman and Associates Elite Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $526

Year Built

  • Built in 1900

Lot Details

  • 4,356

Parking

  • Detached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 4,356 Sq Ft Lot
  • Gas Water Heater

Community Details

  • 2 Units
  • Railroad Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 0316036012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$526

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Lot Size Acres: 0.1
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: Railroad Add
  • Year Built: 1900
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Other
  • Water Source: Public
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Effingham Dist. 40

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 0316036012
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 526.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Jul 29, 2024
Sold by
Bought by
Seller's Agent
Matt Dammerman
Dammerman and Associates Elite Realty
Buyer's Agent
Matt Dammerman
Dammerman and Associates Elite Realty
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$163,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,333
Avg. Annual Appreciation
-18.59%
Original Mortgage
$66,660
Outstanding Balance
$65,350
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$98,317

Purchase Details

Closed on
Aug 18, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 2, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Effingham, IL

  • Art Geen Real Estate Agent - Full Circle Realty

    Art Geen

    Full Circle Realty

    (217) 916-2418

    51 Total Sales

    28 in Effingham

    $83K - $490K Price Range

    Art Geen
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  • Matt Forcum Real Estate Agent - Shelby Realty Services

    Matt Forcum

    Shelby Realty Services

    (217) 708-3538

    106 Total Sales

    20 in Effingham

    $65K - $1.5M Price Range

    Matt Forcum
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  • Blake McWilliams Real Estate Agent - RE/MAX Key Advantage

    Blake McWilliams

    RE/MAX Key Advantage

    (618) 403-1246

    39 Total Sales

    15 in Effingham

    $101K - $379K Price Range

    Blake McWilliams
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  • Vanessa Skavlem Real Estate Agent - THATS A WRAP REALTY

    Vanessa Skavlem

    THATS A WRAP REALTY

    (618) 352-7037

    78 Total Sales

    26 in Effingham

    $88K - $500K Price Range

    Vanessa Skavlem
     Section Image
  • Glenda Sphar Real Estate Agent - Glenda Sphar Realty

    Glenda Sphar

    Responds Quickly

    Glenda Sphar Realty

    (217) 759-1891

    398 Total Sales

    4 in Effingham

    $160K - $220K Price Range

    Glenda Sphar
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  • Julie Willingham Real Estate Agent - Premier Realtors

    Julie Willingham

    Responds Quickly

    Premier Realtors

    (217) 846-8144

    228 Total Sales

    4 in Effingham

    $123K - $170K Price Range

    Julie Willingham
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 None Listed On Document
-- Attorney
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $66,660
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $250,000 0.0% $247 / Sq Ft
08/02/2024 08/02/24 For Sale $250,000 0.0% $247 / Sq Ft
09/14/2020 09/14/20 Rented $750 -11.8% --
09/14/2020 09/14/20 Under Contract -- -- --
06/08/2020 06/08/20 For Rent $850 -- --
Source: Central Illinois Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $611 $9,040 $6,620 $2,420
2023 $560 $8,220 $6,020 $2,200
2022 $506 $7,540 $5,520 $2,020
2021 $542 $7,470 $5,470 $2,000
2020 $532 $7,260 $5,320 $1,940
2019 $522 $7,190 $5,270 $1,920
2018 $506 $6,920 $5,070 $1,850
2017 $497 $6,780 $4,970 $1,810
2016 $487 $6,590 $4,830 $1,760
2015 -- $6,400 $4,690 $1,710
2014 -- $6,210 $4,550 $1,660
2013 -- $6,090 $4,460 $1,630
2012 -- $6,000 $4,390 $1,610
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Matt Dammerman

    Dammerman and Associates Elite Realty

    (217) 259-3277

    148 Total Sales

    Matt Dammerman
    Section Image
  • Jeff Speer Real Estate Agent - RE/MAX

    Seller's Agent in 2020

    Jeff Speer

    RE/MAX

    (217) 347-0404

    156 Total Sales

    Jeff Speer
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6243646

APN: 0316036012

Illinois Effingham County Effingham 62401

500 S 5th St, Effingham, IL

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