NOT LISTED FOR SALE

805 N Main St Effingham, IL 62401

22 Beds
13 Baths
8,289 Sq Ft
1.06 Acres

Last Sold October 20, 2017

Last sale price $270,000 $33 Per Sq Ft

34 Days on Market

Highlights

  • Window Unit Cooling System
  • Zoned Heating
  • Wood Siding
  • Shed

About This Home

As of October 2017

The possibilities are wide with this 1.06 acre property featuring 3 buildings in one price! A 2 bedroom 1 bath house, a 4 unit 1 bedroom 1 bath apartment building, and an 8 unit 2 bedroom 1 bath apartment building. Located near the hospital and doctor offices. The remodeling has started on the majority of the units, but needs someone to complete it. This property has great potential! Two units are currently rented for another 3 months on their lease. But all other units are accessible for viewing. Property being sold 'AS IS'. See the possibilities!

Last Agent to Sell the Property

Brian Henning

Full Circle Realty License #471019637 Listed on: 08/11/2017

Last Buyer's Agent

Wes Osborn

Coldwell Banker First Realty License #475127128

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,195

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 200 x 230.5

Home Design

  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 8,289 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 13 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for grounds care, trash collection, water
  • Assessor Parcel Number 0316010027

Community Details

Overview

  • 13 Units
  • Equity Subdivision

Building Details

  • Operating Expense $11,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,195

Lot Details

0

Listing Details

  • Directions: Temple to North on Main St. Property on the West side of Street. 3 buildings included on one property.
  • Lot Size Acres: 1.06
  • Lot Size: 200 x 230.5
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Road Surface Type: Concrete, Gravel
  • Building Stories: 2
  • Subdivision Name: Equity
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 13
  • Total Bedrooms: 22
  • Owner Pays: Grounds Care, Trash Collection, Water
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Aluminum Siding, Wood Siding
  • Exterior Features: Shed
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Crawlspace
  • Other Structures: Shed(s)

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Radiant, Zoned
  • 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: 46100.0
  • Parcel #: 0316010027
  • Zoning: MLT
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 13
  • Annual Operating Expense: 11200.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 11195.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2019
Sold by
Bushue Donald T and Bushue Aleta R
Bought by
D & A Property Development Llc

Purchase Details

Listed on
Aug 11, 2017
Closed on
Oct 20, 2017
Sold by
Lin Michael L and Lin John F
Bought by
Bushue Donald T and Bushue Aleta R
Seller's Agent
Brian Henning
Full Circle Realty
Buyer's Agent
Wes Osborn
Coldwell Banker First Realty
List Price
$379,900
Sold Price
$270,000
Premium/Discount to List
-$109,900
-28.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,700
Interest Rate
3.78%
Mortgage Type
Commercial
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
D & A Property Development Llc -- Attorney
Bushue Donald T $270,000 Accurate Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bushue Donald T $375,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $270,000 -28.9% $33 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $379,900 -- $46 / 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
2024 $10,628 $157,310 $63,450 $93,860
2023 $9,737 $143,010 $57,680 $85,330
2022 $9,138 $131,200 $52,920 $78,280
2021 $9,422 $129,900 $52,400 $77,500
2020 $9,251 $126,240 $50,920 $75,320
2019 $9,076 $124,990 $50,420 $74,570
2018 $6,708 $91,790 $48,480 $43,310
2017 $6,593 $89,990 $47,530 $42,460
2016 $11,195 $151,540 $46,150 $105,390
2015 -- $147,130 $44,810 $102,320
2014 -- $142,840 $43,500 $99,340
2013 -- $140,040 $42,650 $97,390
2012 -- $137,970 $42,020 $95,950
Source: Public Records

Agents Affiliated with this Home

  • Brian Henning

    Seller's Agent in 2017

    Brian Henning

    Full Circle Realty

    (217) 803-0145

    253 Total Sales

    Brian Henning
    Section Image

  • W

    Buyer's Agent in 2017

    Wes Osborn

    Coldwell Banker First Realty

See All Agents

Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6173918

APN: 0316010027

Illinois Effingham County Effingham 62401

805 N Main St, Effingham, IL

This home is located at 805 N Main St, Effingham, IL 62401 since 11 August 2017. 805 N Main St 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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