NOT LISTED FOR SALE

509 Illinois Ave Effingham, IL 62401

Estimated Value: $145,000 - $259,000

3 Beds
1 Bath
1,336 Sq Ft
$135/Sq Ft Est. Value

About This Home

This home is located at 509 Illinois Ave, Effingham, IL 62401 and is currently estimated at $180,727, approximately $135 per square foot. 509 Illinois Ave 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
Oct 19, 2021
Sold by
Rives Georgia and Estate Of Areal L Rives
Bought by
Cooper Linda M
Current Estimated Value
$180,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$47,298
Interest Rate
3.25%
Mortgage Type
Commercial
Estimated Equity
$128,580

Purchase Details

Closed on
Jan 16, 2013
Sold by
Backhus Stephen E and Backhus Nikole D
Bought by
Rives Areal L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,907
Interest Rate
3.34%
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

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
Cooper Linda M $125,000 Act
Rives Areal L $79,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Linda M $95,000
Closed Rives Area L $7,800
Closed Rives Areal L $80,907
Previous Owner Backhus Stephen E $72,972
Previous Owner Backhus Stephen E $69,300
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 $1,194 $31,100 $6,550 $24,550
2022 $1,235 $28,530 $6,010 $22,520
2021 $902 $28,250 $5,950 $22,300
2020 $912 $27,450 $5,780 $21,670
2019 $903 $27,180 $5,720 $21,460
2018 $909 $26,130 $5,500 $20,630
2017 $911 $25,620 $5,390 $20,230
2016 $919 $24,870 $5,230 $19,640
2015 -- $24,150 $5,080 $19,070
2014 -- $23,440 $4,930 $18,510
2013 -- $22,980 $4,830 $18,150
2012 -- $22,640 $4,760 $17,880
Source: Public Records

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