704 Fayette Ave
Effingham, IL 62401
2 bd 2 ba 1,552 sqft Built 1930 Lot 6,098 sqft single_family
Most recent sale
$98,000
Jan 4, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 7, 2023 | Listing removed | $79,900 | MRED |
| Jun 24, 2022 | Sold | $116,250 | MRED |
| Apr 13, 2022 | Price changed | $124,900 | MLS #6220068 |
| Apr 2, 2022 | Listed | $129,900 | MLS #6220068 |
| Jan 4, 2021 | Sold | $98,000 | Public Record |
| Oct 12, 2020 | Listed | $95,000 | MLS #6206405 |
| Jun 22, 2016 | Sold | $58,000 | MRED |
| May 2, 2016 | Listing removed | $59,900 | CentralIllinois |
| Apr 21, 2016 | Listed | $59,900 | MLS #6161587 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $23,970 | $11,910 | $35,880 | $2,018 |
| 2020 | $20,310 | $9,560 | $29,870 | $1,749 |
| 2019 | $20,110 | $9,470 | $29,580 | $1,712 |
| 2018 | $19,340 | $9,110 | $28,450 | $1,641 |
| 2017 | $18,960 | $8,930 | $27,890 | $1,604 |
| 2016 | $18,410 | $8,670 | $27,080 | $2,001 |
| 2015 | $17,870 | $8,420 | $26,290 | $1,956 |
| 2014 | $17,350 | $8,170 | $25,520 | $1,853 |
| 2013 | $17,010 | $8,010 | $25,020 | $1,818 |
| 2012 | $16,760 | $7,890 | $24,650 | $1,779 |
| 2010 | $16,760 | $7,890 | $24,650 | $1,782 |
| 2009 | $16,590 | $7,810 | $24,400 | $1,777 |
| 2008 | $15,800 | $7,440 | $23,240 | $1,709 |
| 2007 | $15,050 | $7,090 | $22,140 | $1,573 |
Property facts
Year built
1930
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,552 sqft
Lot size
6,098 sqft
ZIP code
62401
City
Effingham
Street
Fayette Ave
Coordinates
39.12046, -88.55079
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$588
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 704 Fayette Ave last sell?
704 Fayette Ave most recently sold on Jan 4, 2021 for $98,000.
What is the current tax assessment for 704 Fayette Ave?
The most recent total assessment for 704 Fayette Ave (year 2024) is $35,880 with $2,018 in property tax.
How does 704 Fayette Ave's assessment compare to its last sale price?
The current assessment is 63.4% below the last sale price of $98,000.
When was 704 Fayette Ave built?
704 Fayette Ave was built in 1930.
How does 704 Fayette Ave compare to others on Fayette Ave?
We track 8 other properties on Fayette Ave. Browse the list under "Other properties on Fayette Ave" to compare beds, baths, and sale history.
What are the property facts for 704 Fayette Ave?
704 Fayette Ave is a 2 bed, 2 bath, 1,552 sqft, 6,098 sqft lot single_family.
Is 704 Fayette Ave a flip candidate?
No — 704 Fayette Ave does not appear in our flips dataset.
Is 704 Fayette Ave a tax-appeal candidate?
No — 704 Fayette Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.1%
Implied 1-yr
+24.2%
2026 Q3
$351.9K
2026 Q4
$367.2K
ZIP 62401 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fayette Ave