NOT LISTED FOR SALE

507 N Merchant St Effingham, IL 62401

Estimated Value: $112,000 - $231,000

2 Beds
1 Bath
936 Sq Ft
$163/Sq Ft Est. Value

About This Home

This home is located at 507 N Merchant St, Effingham, IL 62401 and is currently estimated at $152,360, approximately $162 per square foot. 507 N Merchant 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
May 6, 2022
Sold by
Bloemker Jeffrey T and Bloemker Nancy L
Bought by
Hma Williams Llc
Current Estimated Value
$152,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,850
Outstanding Balance
$82,147
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$64,978

Purchase Details

Closed on
Jul 6, 2016
Sold by
Ludwig Karen J and Ludwig Michael J
Bought by
Bloemker Jeffery T and Bloemker Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.12%
Mortgage Type
Commercial
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
Hma Williams Llc -- None Listed On Document
Bloemker Jeffery T $30,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hma Williams Llc $85,850
Previous Owner Bloemker Jeffery T $68,000
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 $2,365 $34,730 $3,590 $31,140
2022 $2,219 $31,860 $3,290 $28,570
2021 $2,288 $31,550 $3,260 $28,290
2020 $2,247 $30,660 $3,170 $27,490
2019 $2,205 $30,360 $3,140 $27,220
2018 $2,133 $29,190 $3,020 $26,170
2017 $2,097 $28,620 $2,960 $25,660
2016 $1,609 $27,780 $2,870 $24,910
2015 -- $26,970 $2,790 $24,180
2014 -- $26,190 $2,710 $23,480
2013 -- $25,680 $2,660 $23,020
2012 -- $25,300 $2,620 $22,680
Source: Public Records

Map

Illinois Effingham County Effingham 62401

507 N Merchant St, Effingham, IL

This home is located at 507 N Merchant St, Effingham, IL 62401 and is currently estimated at $152,360, approximately $162 per square foot. 507 N Merchant St 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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