NOT LISTED FOR SALE

508 W Clinton Ave Effingham, IL 62401

Estimated Value: $70,000 - $224,000

1 Bed
2 Baths
804 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $63,500 $79 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $822/month

275 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Two cooling system units
  • Replacement Windows

About This Home

As of December 2020

The inside of this 2 unit apartment building has been totally remodeled! The main floor apartment includes beautifully refinished hardwood floors, a walk-in closet in the master bedroom, an updated bath and kitchen. Upstairs, you will find has a nice sized living area, a single bedroom and updated bath. The furnace for the main level was replaced in 2019 and the upper furnace in 2017. The hot water heater is shared and landlord pays for the water & sewer. The laundry room is ready for a coin operated washer & dryer for extra income and the unattached garage could be used for extra storage.

Last Agent to Sell the Property

Deborah Sanders

Dammerman & Associates Benchmark Realty License #475098577 Listed on: 02/11/2020

Last Buyer's Agent

Marilyn Purcell

RE/MAX Key Advantage License #475.131780

RE/MAX Key Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Replacement Windows
  • Basement Cellar
  • Range

Utilities

  • Two cooling system units
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Operating Expense $2,532

Listing and Financial Details

  • The owner pays for insurance, sewer, taxes, water
  • Assessor Parcel Number 0316039051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,152

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Lot Size Acres: 0.14
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1900
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Owner Pays: Insurance, Sewer, Taxes, Water
  • Stories: 1
  • Window Features: Replacement Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Cellar

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: 2 Units, Window Unit(s)
  • 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: 6098.0
  • Parcel #: 0316039051
  • Zoning: R-4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 2531.58

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1152.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Dec 15, 2020
Sold by
Esker R Ralph
Bought by
Rack Properties Llc
Seller's Agent
Deborah Sanders
Dammerman & Associates Benchmark Realty
Buyer's Agent
Marilyn Purcell
RE/MAX Key Advantage
List Price
$68,500
Sold Price
$63,500
Premium/Discount to List
-$5,000
-7.3%
Current Estimated Value
$132,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,916
Avg. Annual Appreciation
16.52%
Original Mortgage
$50,800
Outstanding Balance
$45,745
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$85,109

Purchase Details

Closed on
Aug 25, 2010
Sold by
Miller James P and Miller Karen L
Bought by
Esker R Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2007
Sold by
Clarkson Louise M
Bought by
Miller James P and Miller Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Rack Properties Llc $113,000 Citywide Title Corporation
Esker R Ralph $25,000 None Available
Miller James P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rack Properties Llc $50,800
Previous Owner Esker R Ralph $20,000
Previous Owner Miller James P $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $63,500 -7.3% $79 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $68,500 -- $85 / 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 $1,277 $18,760 $6,500 $12,260
2022 $1,199 $17,210 $5,960 $11,250
2021 $1,236 $17,040 $5,900 $11,140
2020 $1,214 $16,560 $5,730 $10,830
2019 $1,190 $16,390 $5,670 $10,720
2018 $1,152 $15,760 $5,450 $10,310
2017 $1,132 $15,450 $5,340 $10,110
2016 $1,108 $15,000 $5,180 $9,820
2015 -- $14,560 $5,030 $9,530
2014 -- $14,130 $4,880 $9,250
2013 -- $13,850 $4,780 $9,070
2012 -- $13,650 $4,710 $8,940
Source: Public Records

Agents Affiliated with this Home

  • Deborah Sanders

    Seller's Agent in 2020

    Deborah Sanders

    Dammerman & Associates Benchmark Realty

    (217) 254-2416

    118 Total Sales

    Deborah Sanders
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6199278

APN: 0316039051

Illinois Effingham County Effingham 62401

508 W Clinton Ave, Effingham, IL

This home is located at 508 W Clinton Ave, Effingham, IL 62401 since 11 February 2020 and is currently estimated at $132,416, approximately $164 per square foot. This property was built in 1900. 508 W Clinton Ave 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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