NOT LISTED FOR SALE

702 W Richland Ave Unit B Effingham, IL 62401

Effingham Area

Estimated Value: $126,464 - $298,000

2 Beds
1 Bath
969 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2025

Last sale price $120,000 $124 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,336 / mo

3 Days on Market

Highlights

  • Fenced Yard
  • 1 Car Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of July 2025

Economical living in this 2BR, 1BA Duplex with a fenced-in backyard. This unit got a new HVAC in 2025 and a new metal roof in 2025. Also featured is a 17' x 20' Carport with locked storage.

Last Agent to Sell the Property

Keith Hartman

RE/MAX Key Advantage License #475162306 Listed on: 05/07/2025

RE/MAX Key Advantage

Last Buyer's Agent

Non Member

Central Illinois Board of REALTORS License ##N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,557

Year Built

  • Built in 1994

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced Yard

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Duplex
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 969 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Lesters Richland Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0316034091

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,557

Year Built

Built in 1994

Lot Details

3,049 Sq Ft Lot

Parking

1

Listing Details

  • Above Grade Finished Sq Ft: 969.0
  • Directions: 702 W Richland. Right side of road, and west of S Maple St.
  • Lot Size Acres: 0.07
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Lesters Richland Ave Sub
  • Year Built: 1994
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Main Level Primary
  • Fireplace: No
  • Stories: 1

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Fence
  • Roof: Metal
  • Fencing: Yard Fenced
  • Waterfront: No
  • Foundation Details: Crawlspace

Garage/Parking

  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Carport

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Effingham Dist. 40

Lot Info

  • Lot Size Sq Ft: 3049.0
  • Parcel #: 0316034091
  • Zoning: R-3

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1557.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2025
Closed on
Jul 1, 2025
Sold by
Bought by
Seller's Agent
Keith Hartman
RE/MAX Key Advantage
Buyer's Agent
Non Member
Central Illinois Board of REALTORS
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Views
5
Current Estimated Value
$219,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,821
Avg. Annual Appreciation
79.98%
Original Mortgage
$192,000
Interest Rate
0.0686%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.029%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 5, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
0.0409%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 12, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.0425%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
0.0525%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 9, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
0.0525%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$720,000 None Listed On Document
$164,000 Attorney
$106,000 None Available
$100,000 None Available
-- None Available
-- None Available
$107,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $192,000
Previous Owner $100,000
Previous Owner $84,800
Previous Owner $99,763
Previous Owner $100,000
Previous Owner $77,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2025 07/01/25 Sold $120,000 -7.6% $124 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $129,900 -- $134 / Sq Ft
Source: Central Illinois Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,700 $25,160 $3,410 $21,750
2023 $1,557 $22,870 $3,100 $19,770
2022 $1,461 $20,980 $2,840 $18,140
2021 $1,506 $20,770 $2,810 $17,960
2020 $1,479 $20,180 $2,730 $17,450
2019 $1,451 $19,980 $2,700 $17,280
2018 $1,405 $19,220 $2,600 $16,620
2017 $1,380 $18,840 $2,550 $16,290
2016 $1,352 $18,300 $2,480 $15,820
2015 -- $17,770 $2,410 $15,360
2014 -- $17,250 $2,340 $14,910
2013 -- $16,910 $2,290 $14,620
2012 -- $16,660 $2,260 $14,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6251913

APN: 0316034091

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