$155,001
SOLD OCT 8, 2024

503 W Virginia Ave Effingham, IL 62401

2 Beds
1 Bath
992 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

3% Above List Price

2 Days on Market

Highlights

  • Front Porch
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 1 Car Attached Garage
  • Replacement Windows

About This Home

As of October 2024

You won't believe all the NEW in this home. The Bathroom and Kitchen just finished remodeling with high-end finishes!
The Kitchen features a center Island, hard surface countertops, new appliances, and under-cabinet lighting.
Other updates in this home include new gutters 2024, flooring throughout 2024, painting 2024, storm door 2024, windows 2022, HVAC 2021, WH 2021, and roof 2019. If you want a move-in ready home, schedule to view this home today!

Last Agent to Sell the Property

Keith Hartman

RE/MAX Key Advantage License #475162306 Listed on: 08/26/2024

RE/MAX Key Advantage

Last Buyer's Agent

Keith Hartman

RE/MAX Key Advantage License #475162306 Listed on: 08/26/2024

RE/MAX Key Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1951

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Front Porch
  • 6,970 Sq Ft Lot

Community Details

  • Of A Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0316018063

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,422

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Above Grade Finished Sq Ft: 992.0
  • Directions: Virginia Ave just east of the Hospital.
  • Lot Size Acres: 0.16
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Subdivision Name: Of A Sub
  • Year Built: 1951
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Main Level Primary
  • Fireplace: No
  • Stories: 1
  • Window Features: Replacement Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Effingham Dist. 40

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 0316018063
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1422.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Oct 8, 2024
Sold by
Lechman Anthony M and Lechman John N
Bought by
Finnegan Patrick J
Seller's Agent
Keith Hartman
RE/MAX Key Advantage
Buyer's Agent
Keith Hartman
RE/MAX Key Advantage
List Price
$149,900
Sold Price
$155,001
Premium/Discount to List
$5,101
3.4%
Views
6
Current Estimated Value
$207,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,541
Avg. Annual Appreciation
24.15%
Original Mortgage
$124,000
Outstanding Balance
$122,394
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$65,105

Purchase Details

Listed on
Aug 14, 2019
Closed on
Dec 12, 2019
Sold by
Nab Properties Llc
Bought by
Lechman Anthony M
Seller's Agent
Terry Youngblood
RE/MAX Key Advantage
Buyer's Agent
Keith Hartman
RE/MAX Key Advantage
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%
Original Mortgage
$59,200
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2014
Sold by
Bierman Ross and Niebrugge Aaron
Bought by
Nab 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
$69,000
Interest Rate
4.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2011
Sold by
Patton Andrew and Patton Kendra A
Bought by
Bierman Ross and Niebrugge Aaron

Purchase Details

Closed on
Mar 9, 2007
Sold by
Barr William S and Barr Kathleen A
Bought by
Davis Kendra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,050
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $466,500 None Listed On Document
Special Warranty Deed $75,000 Attorney
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $62,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,000 New Conventional
Previous Owner $77,600 New Conventional
Previous Owner $59,200 New Conventional
Previous Owner $69,000 Unknown
Previous Owner $110,000 Future Advance Clause Open End Mortgage
Previous Owner $64,050 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $155,001 +3.4% $156 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $149,900 +102.6% $151 / Sq Ft
12/13/2019 12/13/19 Sold $74,000 -7.4% $75 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $79,900 -- $81 / 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 $1,422 $26,890 $7,200 $19,690
2022 $1,308 $24,670 $6,610 $18,060
2021 $1,336 $24,420 $6,540 $17,880
2020 $1,300 $23,740 $6,360 $17,380
2019 $1,707 $23,510 $6,300 $17,210
2018 $1,652 $22,610 $6,060 $16,550
2017 $1,624 $22,170 $5,940 $16,230
2016 $1,591 $21,530 $5,770 $15,760
2015 -- $20,900 $5,600 $15,300
2014 -- $20,290 $5,440 $14,850
2013 -- $19,890 $5,330 $14,560
2012 -- $19,590 $5,250 $14,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6245501

APN: 0316018063