NOT LISTED FOR SALE

503 S 2nd St Effingham, IL 62401

Estimated Value: $66,000 - $243,000

2 Beds
1 Bath
600 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 503 S 2nd St, Effingham, IL 62401 and is currently estimated at $120,046, approximately $200 per square foot. 503 S 2nd St is a home located in Effingham County with nearby schools including South Side Grade School, Early Learning Center, and Central Grade School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2023
Sold by
Reed Gary D and Reed Debra K
Bought by
Meyers Brian
Current Estimated Value
$120,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,025
Outstanding Balance
$46,598
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$74,578

Purchase Details

Closed on
Jul 10, 2013
Sold by
Reed Tyson
Bought by
Reed Gary D and Reed Debra K

Purchase Details

Closed on
Jan 30, 2012
Sold by
Rueff James F
Bought by
Reed Tyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2005
Sold by
Mccarty Hubert and Mccarty Mary Ruth
Bought by
Rueff James F and Rueff Wilma K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Meyers Brian $189,000 None Listed On Document
Meyers Brian -- None Listed On Document
Reed Gary D $36,000 None Available
Reed Tyson -- None Available
Rueff James F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyers Brian $47,025
Closed Meyers Brian $47,025
Previous Owner Reed Tyson $130,000
Source: Public Records

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 $1,064 $15,630 $7,110 $8,520
2022 $999 $14,340 $6,520 $7,820
2021 $1,030 $14,200 $6,460 $7,740
2020 $1,011 $13,800 $6,280 $7,520
2019 $993 $13,670 $6,220 $7,450
2018 $960 $13,140 $5,980 $7,160
2017 $944 $12,880 $5,860 $7,020
2016 $924 $12,510 $5,690 $6,820
2015 -- $12,140 $5,520 $6,620
2014 -- $11,790 $5,360 $6,430
2013 -- $11,550 $5,250 $6,300
2012 -- $11,380 $5,170 $6,210
Source: Public Records

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