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513 3rd St

Effingham, IL 62401

4 bd 2 ba 1,988 sqft Built 1935 Lot 7,405 sqft condos
Most recent sale
$230,000
Apr 3, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 3, 2024 Sold $230,000 MRED
Feb 14, 2024 Listing removed CentralIllinois
Jan 29, 2024 Price changed $234,000 MRED
Jan 5, 2024 Listed $249,900 MRED
Aug 31, 2022 Listing removed $172,900 MRED
Aug 19, 2022 Listing removed $172,900 MRED
Jan 4, 2022 Sold $168,000 MRED
Dec 3, 2021 Listing removed CentralIllinois
Nov 23, 2021 Listing removed CentralIllinois
Sep 13, 2021 Price changed $172,900 CentralIllinois
Jul 30, 2021 Listed $175,900 CentralIllinois
Jul 29, 2021 Listed $175,900 CentralIllinois
Jan 10, 2018 Sold $100,000 Public Record
Feb 27, 2017 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $35,840 $12,500 $48,340 $1,088
2022 $29,890 $10,420 $40,310 $2,807
2021 $29,590 $10,320 $39,910 $2,894
2020 $28,760 $10,030 $38,790 $2,403
2019 $28,480 $9,930 $38,410 $2,353
2018 $27,380 $9,550 $36,930 $2,260
2017 $26,840 $9,360 $36,200 $2,212
2016 $26,060 $9,090 $35,150 $2,153
2015 $25,300 $8,830 $34,130 $2,093
2014 $24,560 $8,570 $33,130 $1,970
2013 $24,080 $8,400 $32,480 $1,923
2012 $23,720 $8,280 $32,000 $1,876
2010 $20,540 $8,280 $28,820 $2,082
2009 $20,340 $8,200 $28,540 $2,077
2008 $19,370 $7,810 $27,180 $1,998
2007 $18,450 $7,440 $25,890 $1,839

Property facts

Year built
1935
Property type
condos
Stories
2
Beds
4
Baths
2
Living area
1,988 sqft
Lot size
7,405 sqft
ZIP code
62401
City
Effingham
Street
3rd St
Coordinates
39.12668, -88.54116

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,380
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 513 3rd St last sell?
513 3rd St most recently sold on Apr 3, 2024 for $230,000.
What is the current tax assessment for 513 3rd St?
The most recent total assessment for 513 3rd St (year 2024) is $48,340 with $1,088 in property tax.
How does 513 3rd St's assessment compare to its last sale price?
The current assessment is 79.0% below the last sale price of $230,000.
When was 513 3rd St built?
513 3rd St was built in 1935.
How does 513 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 513 3rd St?
513 3rd St is a 4 bed, 2 bath, 1,988 sqft, 7,405 sqft lot condos.
Is 513 3rd St a flip candidate?
No — 513 3rd St does not appear in our flips dataset.
Is 513 3rd St a tax-appeal candidate?
No — 513 3rd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.1%
Implied 1-yr
+24.2%
2026 Q3
$351.9K
2026 Q4
$367.2K
ZIP 62401 — Median Price History + Forecast

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