NOT LISTED FOR SALE

502 W Kentucky Ave Effingham, IL 62401

Estimated Value: $48,535 - $180,000

0.25 Acre
$367,536 Price per Acre
10,890 Sq Ft Lot

Last Sold March 02, 2020

Last sale price $32,500 $34 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $560/month

183 Days on Market

About This Lot

As of March 2020

Property zoned for multi-family R-3-D plus a special use permit for possible Medical offices. This property is unique that it has city streets on both ends of the property. Temple Ave to the north and Kentucky Ave to the south. This property would set up great to have the zero lot line in the center of property and have units facing North and South. Lot size is 76.23 x 144.2. 76.23' of road access on each side of the lot.

Last Agent to Sell the Property

Keith Hartman

RE/MAX Key Advantage License #475162306 Listed on: 07/11/2019

RE/MAX Key Advantage

Last Buyer's Agent

Keith Hartman

RE/MAX Key Advantage License #475162306 Listed on: 07/11/2019

RE/MAX Key Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $634

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R-3

Utilities

  • Cable TV Available

Community Details

  • Dietzen Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0316011090

Property Details

Property Type

Land

Est. Annual Taxes

$634

Lot Details

0

Listing Details

  • Lot Size Acres: 0.25
  • Property Sub Type: Multi Family
  • Prop. Type: Land
  • Road Surface Type: Chip And Seal, Concrete
  • Subdivision Name: Dietzen Sub
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: No

Utilities

  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Street Lights, Sidewalks

Schools

  • Junior High Dist: Effingham Dist. 40

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 0316011090
  • Zoning: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 634.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Anderson Brent M
Bought by
Nana 20 Properties Llc
Current Estimated Value
$91,884

Purchase Details

Listed on
Jul 11, 2019
Closed on
Feb 26, 2020
Sold by
Gartner Todd A and Gartner Colleen K
Bought by
Anderson Brent M
Seller's Agent
Keith Hartman
RE/MAX Key Advantage
Buyer's Agent
Keith Hartman
RE/MAX Key Advantage
List Price
$49,900
Sold Price
$32,500
Premium/Discount to List
-$17,400
-34.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.36%

Purchase Details

Closed on
May 10, 2007
Sold by
Goldenoak Ltd
Bought by
Gartner Todd A and Gartner Colleen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.27%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Nana 20 Properties Llc -- None Listed On Document
Anderson Brent M -- Attorney
Gartner Todd A $39,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gartner Todd $113,851
Previous Owner Gartner Todd A $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $32,500 -34.9% $34 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
07/11/2019 07/11/19 For Sale $49,900 -- $52 / 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 $715 $10,500 $10,500 $0
2022 $645 $9,630 $9,630 $0
2021 $691 $9,530 $9,530 $0
2020 $679 $9,260 $9,260 $0
2019 $666 $9,170 $9,170 $0
2018 $645 $8,820 $8,820 $0
2017 $634 $8,650 $8,650 $0
2016 $621 $8,400 $8,400 $0
2015 -- $8,160 $8,160 $0
2014 -- $7,920 $7,920 $0
2013 -- $7,760 $7,760 $0
2012 -- $7,650 $7,650 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Hartman

    Seller's Agent in 2020

    Keith Hartman

    RE/MAX

    (217) 821-7333

    312 Total Sales

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6194349

APN: 0316011090

Illinois Effingham County Effingham 62401

502 W Kentucky Ave, Effingham, IL

This home is located at 502 W Kentucky Ave, Effingham, IL 62401 since 11 July 2019 and is currently estimated at $91,884, approximately $96 per square foot. 502 W Kentucky Ave is a home located in Effingham County with nearby schools including South Side Grade School, Early Learning Center, and Central Grade School.

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