NOT LISTED FOR SALE

506 W Franklin Ave Effingham, IL 62401

Estimated Value: $123,000 - $199,000

4 Beds
1.5 Baths
1,486 Sq Ft
$103/Sq Ft Est. Value

Last Sold April 10, 2014

Last sale price $75,000 $50 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $969/month

8 Days on Market

Highlights

  • Workshop
  • Bungalow
  • Replacement Windows
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2014

WOW! So much for such a low price! All the work has been done in the 4 bedroom one and a half bath home! The roof and windows were replaced 3 years ago, hardwood floors, fresh paint and a full dry basement top off this wonderful family home. The kitchen is huge with plenty of room to entertain. The the covered porch is so cute and the perfect place to relax after a long day! This home is conveniently located in the heart of Effingham and has alley access. Make your dreams come true with this large affordable home!

Last Agent to Sell the Property

Courtney Kidd

RE/MAX Key Advantage License #475135835 Listed on: 02/25/2014

RE/MAX Key Advantage

Last Buyer's Agent

Courtney Kidd

RE/MAX Key Advantage License #475135835 Listed on: 02/25/2014

RE/MAX Key Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1940

Lot Details

  • 5,600 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Replacement Windows
  • Workshop
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • Surveyors Subdivision

Listing and Financial Details

  • Assessor Parcel Number 316023064

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,239

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Above Grade Finished Sq Ft: 1486.0
  • Directions: W. Franklin
  • Lot Size Acres: 0.13
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Subdivision Name: Surveyors
  • Year Built: 1940
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 973.0
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Main Level Primary, Workshop
  • Fireplace: No
  • Stories: 1
  • Window Features: Replacement Windows

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Workshop
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 1.0
  • 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: 5600.0
  • Parcel #: 316023064
  • Zoning: RES

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1239.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Chauncey Hill Properties Llc
Bought by
Rich Shelby M
Current Estimated Value
$152,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Outstanding Balance
$112,139
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$40,553

Purchase Details

Listed on
Feb 25, 2014
Closed on
Apr 10, 2014
Sold by
Smith Christine M
Bought by
Chauncey Hill Properties Llc
Seller's Agent
Courtney Kidd
RE/MAX Key Advantage
Buyer's Agent
Courtney Kidd
RE/MAX Key Advantage
List Price
$84,900
Sold Price
$75,000
Premium/Discount to List
-$9,900
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$60,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 2009
Sold by
Buening Ruth A
Bought by
Smith Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,800
Interest Rate
5.27%
Mortgage Type
New Conventional
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
Rich Shelby M $120,000 The Title Center
Chauncey Hill Properties Llc -- None Available
Smith Christine M $76,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rich Shelby M $116,400
Previous Owner Chauncey Hill Properties Llc $60,000
Previous Owner Smith Christine M $77,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2014 04/10/14 Sold $75,000 -11.7% $50 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $84,900 -- $57 / 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 $1,978 $35,280 $6,150 $29,130
2023 $1,775 $32,070 $5,590 $26,480
2022 $2,049 $29,420 $5,130 $24,290
2021 $2,113 $29,130 $5,080 $24,050
2020 $2,075 $28,310 $4,940 $23,370
2019 $2,035 $28,030 $4,890 $23,140
2018 $1,969 $26,950 $4,700 $22,250
2017 $1,936 $26,420 $4,610 $21,810
2016 $1,895 $25,650 $4,480 $21,170
2015 -- $24,900 $4,350 $20,550
2014 -- $24,170 $4,220 $19,950
2013 -- $23,700 $4,140 $19,560
2012 -- $23,350 $4,080 $19,270
Source: Public Records

Agents Affiliated with this Home

  • Courtney Kidd

    Seller's Agent in 2014

    Courtney Kidd

    RE/MAX

    (217) 821-5047

    31 in this area

    49 Total Sales

    Courtney Kidd
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6131504

APN: 0316023064

Illinois Effingham County Effingham 62401

506 W Franklin Ave, Effingham, IL

Not Listed for Sale

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