Seller's Agent in 2025
Alex Steppe
RE/MAX
(217) 663-8106
101 in this area
180 Total Sales
501 S 5th St Effingham, IL 62401
--
Bed
--
Bath
3,392
Sq Ft
6,534
Sq Ft Lot
About This Home
As of June 2025Calling all investors! This property features 3 buildings that has 12 units total. Each unit is a 2 bedroom, 1 bath, and has a refrigerator and stove included. Every unit also has a washer and dryer hookup! Each building has private parking and the landlord pays for trash. Call today to schedule a private showing!
Last Agent to Sell the Property
RE/MAX Key Advantage License #471021123 Listed on: 01/20/2025
Last Buyer's Agent
Non Member
Central Illinois Board of REALTORS License ##N/A
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,389
Year Built
- Built in 1971
Lot Details
- 6,534 Sq Ft Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Crawl Space
- Oven
Utilities
- Window Unit Cooling System
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- The owner pays for trash collection
- Assessor Parcel Number 0316036036, 0316036035, 0316036034, 0316036033
Community Details
Overview
- 12 Units
- Railroad Add Subdivision
Building Details
- Operating Expense $79,228
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2025
Closed on
Jun 6, 2025
Sold by
Divurse Properties Llc
Bought by
217 Estates Inc
Seller's Agent
Alex Steppe
RE/MAX Key Advantage
Buyer's Agent
Non Member
Central Illinois Board of REALTORS
List Price
$649,900
Sold Price
$400,000
Premium/Discount to List
-$249,900
-38.45%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$220,000
Purchase Details
Closed on
Jan 11, 2022
Sold by
White Ronnie L and White Sue J
Bought by
Divurse Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.11%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 21, 2021
Sold by
White Jr Ralph R and White Martha M
Bought by
White Ronnie L and White Sue J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.11%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 1, 2021
Sold by
First Mid Wealth Management
Bought by
White Ralph R and White Martha M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3.11%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,348,000 | None Listed On Document | |
| Warranty Deed | $400,000 | Michael D Imburgia Pc | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $355,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $400,000 | -38.5% | $118 / Sq Ft |
| 04/17/2025 04/17/25 | Pending | -- | -- | -- |
| 01/20/2025 01/20/25 | For Sale | $649,900 | -- | $192 / Sq Ft |
Source: Central Illinois Board of REALTORS®
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 | $4,620 | $68,390 | $15,550 | $52,840 |
| 2023 | $4,233 | $62,180 | $14,140 | $48,040 |
| 2022 | $3,973 | $57,040 | $12,970 | $44,070 |
| 2021 | $4,096 | $56,470 | $12,840 | $43,630 |
| 2020 | $4,022 | $54,880 | $12,480 | $42,400 |
| 2019 | $3,946 | $54,340 | $12,360 | $41,980 |
| 2018 | $3,818 | $52,250 | $11,880 | $40,370 |
| 2017 | $3,753 | $51,230 | $11,650 | $39,580 |
| 2016 | $3,675 | $49,740 | $11,310 | $38,430 |
| 2015 | -- | $48,290 | $10,980 | $37,310 |
| 2014 | -- | $46,880 | $10,660 | $36,220 |
| 2013 | -- | $45,960 | $10,450 | $35,510 |
| 2012 | -- | $45,290 | $10,300 | $34,990 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Steppe
-
Courtney Kidd
Seller Co-Listing Agent in 2025
Courtney Kidd
RE/MAX
(217) 821-5047
32 in this area
49 Total Sales
-
N
Buyer's Agent in 2025
Non Member
Central Illinois Board of REALTORS
Map
Source: Central Illinois Board of REALTORS®
MLS Number: 6249311
APN: 0316036036
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