NOT LISTED FOR SALE

501 E Section Ave Effingham, IL 62401

Estimated Value: $127,000 - $215,000

2 Beds
1 Bath
1,966 Sq Ft
$81/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $142,000 $72 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $958/month

Highlights

  • 2 Car Detached Garage
  • Glass Enclosed
  • Forced Air Heating and Cooling System
  • Front Porch
  • Bungalow
  • Replacement Windows

About This Home

As of June 2023

Charming 983 sq ft. 2 bedroom, 1 bathroom home with a detached 2 car garage. Sitting on a corner lot, this house features a sunroom, updated bathroom, replacement windows, and a sprawling 983 sq ft. unfinished basement. Woods Basement Systems put in a basement drain, some new concrete, new sump pump, and a batter backup.

Last Agent to Sell the Property

Jeff Fleeharty

RE/MAX Key Advantage License #475160666 Listed on: 05/18/2023

RE/MAX Key Advantage

Last Buyer's Agent

Taylor Dammerman

Dammerman & Associates Benchmark Realty License #475187907

Dammerman & Associates Benchmark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,628

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Replacement Windows
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Glass Enclosed
  • Front Porch

Utilities

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

Community Details

  • Cedar Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0316031017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,628

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Above Grade Finished Sq Ft: 983.0
  • Directions: Take E. Fayette Ave., turn left on N. Willow St., and look for sign on right.
  • Lot Size Acres: 0.14
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Subdivision Name: Cedar Park Add
  • Year Built: 1930
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Has Basement: Unfinished, Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 983.0
  • Interior Amenities: Main Level Master
  • Fireplace: No
  • Stories: 1
  • Window Features: Replacement Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement
  • Patio And Porch Features: Front Porch, Glass Enclosed

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

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 #: 0316031017
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1628.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 29, 2023
Sold by
K & K Properties Llc
Bought by
Mcqueen Stacy R and Mcqueen Brandie J
Seller's Agent
Jeff Fleeharty
RE/MAX Key Advantage
Buyer's Agent
Taylor Dammerman
Dammerman & Associates Benchmark Realty
List Price
$139,000
Sold Price
$142,000
Premium/Discount to List
$3,000
2.16%
Current Estimated Value
$159,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,661
Avg. Annual Appreciation
4.82%
Original Mortgage
$143,434
Outstanding Balance
$140,069
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$19,592

Purchase Details

Listed on
Jul 30, 2019
Closed on
Sep 24, 2019
Sold by
Wagoner Charles K and Wagoner Gayla M
Bought by
K & K Properties Llc
Seller's Agent
Charles Wagoner
Smith Realty Group of Effingham, LLC
Buyer's Agent
Jeff Fleeharty
RE/MAX Key Advantage
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.50%
Original Mortgage
$60,000
Interest Rate
1.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcqueen Stacy R $142,000 None Listed On Document
K & K Properties Llc $75,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcqueen Stacy R $143,434
Previous Owner K & K Properties Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2023 06/29/23 Sold $142,000 +2.2% $72 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $139,000 +85.3% $71 / Sq Ft
09/24/2019 09/24/19 Sold $75,000 -6.1% $66 / Sq Ft View Prior Sale
08/12/2019 08/12/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $79,900 -- $70 / 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 $1,431 $27,180 $9,160 $18,020
2023 $1,682 $24,710 $8,330 $16,380
2022 $1,579 $22,670 $7,640 $15,030
2021 $1,628 $22,440 $7,560 $14,880
2020 $1,598 $21,810 $7,350 $14,460
2019 $1,133 $21,600 $7,280 $14,320
2018 $1,079 $20,770 $7,000 $13,770
2017 $1,052 $20,360 $6,860 $13,500
2016 $1,017 $19,770 $6,660 $13,110
2015 -- $19,200 $6,470 $12,730
2014 -- $18,640 $6,280 $12,360
2013 -- $18,280 $6,160 $12,120
2012 -- $18,010 $6,070 $11,940
Source: Public Records

Agents Affiliated with this Home

  • Jeff Fleeharty

    Seller's Agent in 2023

    Jeff Fleeharty

    RE/MAX

    (618) 322-9894

    25 in this area

    87 Total Sales

    Jeff Fleeharty
    Section Image

  • T

    Buyer's Agent in 2023

    Taylor Dammerman

    Dammerman & Associates Benchmark Realty

    (217) 342-4663

    40 in this area

    101 Total Sales

    Taylor Dammerman
    Section Image

  • C

    Seller's Agent in 2019

    Charles Wagoner

    Smith Realty Group of Effingham, LLC

    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6227352

APN: 0316031017

Illinois Effingham County Effingham 62401

501 E Section Ave, Effingham, IL

Not Listed for Sale

Detached

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