$155,000
SOLD JAN 22, 2025

601 W Edgar Ave Effingham, IL 62401

-- Bed
-- Bath
2,820 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

14% Below List Price

58 Days on Market

About This Home

As of January 2025

Centrally located! Two 1 bedroom units on the main level and one 2+ bedroom upstairs. Downstairs Unit 1 and upstairs have washer dryer hookups. Upstairs unit has a utility room that has also served as a 3rd bedroom. Each unit has their own water heater and furnace. Updated flooring. 2 car garage for storage or extra rental income.

Last Agent to Sell the Property

Donna Aldrich

Smith Realty Group of Effingham, LLC License #471002221 Listed on: 10/23/2024

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

  • $2,744

Year Built

  • Built in 1913

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Triplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • No Hot Water

Listing and Financial Details

  • The owner pays for grounds care, insurance, snow removal, sewer, taxes, trash collection, water
  • Assessor Parcel Number 0316034049

Community Details

Overview

  • 3 Units
  • Western Add Subdivision

Building Details

  • Operating Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,744

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Directions: Corner of Maple and Edgar by fire station.
  • Lot Size Acres: 0.15
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Road Surface Type: Gravel
  • Subdivision Name: Western Add
  • Year Built: 1913
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Appliances: Dryer, No Hot Water, Range, Refrigerator, Washer
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Owner Pays: Grounds Care, Insurance, Snow Removal, Sewer, Taxes, Trash Collection, Water
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Roof: Asphalt
  • Waterfront: No
  • Foundation Details: Basement

Utilities

  • Cooling: Window Unit(s)
  • Water Source: Public
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Effingham Dist. 40

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 0316034049
  • Zoning: MLT
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 200.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2744.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Jan 22, 2025
Sold by
Effingham Apartments Llc
Bought by
Glz Properties Inc
Seller's Agent
Donna Aldrich
Smith Realty Group of Effingham, LLC
Buyer's Agent
Marilyn Purcell
RE/MAX Key Advantage
List Price
$180,000
Sold Price
$155,000
Premium/Discount to List
-$25,000
-13.89%
Views
55
Current Estimated Value
$157,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,397
Avg. Annual Appreciation
0.95%

Purchase Details

Closed on
Jan 13, 2014
Sold by
Buehnerkemper Jay A and Buehnerkemper Ashley L
Bought by
Effingham Apartments Llc

Purchase Details

Closed on
Feb 5, 2013
Sold by
Hynds James E
Bought by
Buehnerkemper Jay A and Buehnerkemper Ashley L

Purchase Details

Closed on
Dec 24, 2004
Sold by
Schallert Bernard J and Schallert Rosanna R
Bought by
Hynds James E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $465,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $82,000 None Available
Warranty Deed $74,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Previous Owner $110,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $155,000 -13.9% $55 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $180,000 -- $64 / 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 $2,744 $40,300 $14,550 $25,750
2022 $2,575 $36,970 $13,350 $23,620
2021 $2,655 $36,610 $13,220 $23,390
2020 $2,607 $35,580 $12,850 $22,730
2019 $2,558 $35,220 $12,720 $22,500
2018 $2,474 $33,860 $12,230 $21,630
2017 $2,432 $33,200 $11,990 $21,210
2016 $2,381 $32,230 $11,640 $20,590
2015 -- $31,290 $11,300 $19,990
2014 -- $30,380 $10,970 $19,410
2013 -- $29,780 $10,750 $19,030
2012 -- $29,340 $10,590 $18,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6247358

APN: 0316034049