NOT LISTED FOR SALE

507 W Main St Shumway, IL 62461

Estimated Value: $105,427 - $128,000

1 Bed
-- Bath
1,620 Sq Ft
$72/Sq Ft Est. Value

About This Home

This home is located at 507 W Main St, Shumway, IL 62461 and is currently estimated at $116,357, approximately $71 per square foot. 507 W Main St is a home with nearby schools including Beecher City Grade School and Beecher City Junior/Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Sapp Jeffrey B and Sapp Shawna L
Bought by
Bute Mandy K
Current Estimated Value
$116,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,170
Outstanding Balance
$88,899
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$27,458

Purchase Details

Closed on
May 19, 2018
Sold by
Sapp Jeffrey B and Sapp Shawna L
Bought by
Sapp Jeffrey B and Sapp Shawna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 1, 2009
Sold by
Rust John
Bought by
Moore Linda K and Sapp Jeffrey B

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
5.11%
Mortgage Type
New Conventional
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

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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
Bute Mandy K $101,000 Act
Sapp Jeffrey B -- Attorney
Moore Linda K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bute Mandy K $99,170
Previous Owner Sapp Jeffrey B $62,000
Previous Owner Sapp Jeffrey B $60,000
Previous Owner Moore Linda K $46,000
Previous Owner Moore Linda K $39,000
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
2024 -- $43,080 $2,230 $40,850
2023 $1,375 $26,120 $2,020 $24,100
2022 $1,287 $23,750 $1,840 $21,910
2021 $1,226 $22,950 $1,780 $21,170
2020 $1,204 $22,190 $1,720 $20,470
2019 $1,175 $21,520 $1,650 $19,870
2018 $1,118 $20,700 $1,590 $19,110
2017 $1,087 $20,090 $1,540 $18,550
2016 $1,044 $19,320 $1,480 $17,840
2015 -- $18,570 $1,420 $17,150
2014 -- $18,030 $1,380 $16,650
2013 -- $17,670 $1,350 $16,320
2012 -- $17,500 $1,340 $16,160
Source: Public Records

Map

Illinois Effingham County Shumway 62461

507 W Main St, Shumway, IL

This home is located at 507 W Main St, Shumway, IL 62461 and is currently estimated at $116,357, approximately $71 per square foot. 507 W Main St is a home with nearby schools including Beecher City Grade School and Beecher City Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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