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708 Franklin Ave

Effingham, IL 62401

3 bd 3 ba 2,696 sqft Built 1900 Lot 6,534 sqft single_family
Most recent sale
$129,000
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $129,000 Public Record
Jun 30, 2022 Sold $129,000 MRED
May 17, 2022 Listed $129,000 MLS #6220874
Sep 18, 2020 Sold $25,000 MRED
Mar 7, 2020 Price changed $44,900 MLS #6197661
Mar 2, 2020 Relisted $49,900 MLS #6197661
Oct 1, 2019 Listed $49,900 MLS #6197661

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $6,500 $7,150 $13,650 $516
2022 $5,420 $5,960 $11,380 $793
2021 $5,370 $5,900 $11,270 $817
2020 $5,220 $5,730 $10,950 $802
2019 $5,170 $5,670 $10,840 $787
2018 $4,970 $5,450 $10,420 $761
2012 $16,650 $4,710 $21,360 $64
2010 $16,650 $4,710 $21,360 $64
2009 $16,490 $4,660 $21,150 $64
2008 $15,700 $4,440 $20,140 $102
2007 $14,950 $4,230 $19,180 $169

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,696 sqft
Lot size
6,534 sqft
ZIP code
62401
City
Effingham
Street
Franklin Ave
Coordinates
39.12322, -88.55095

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
$774
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 708 Franklin Ave last sell?
708 Franklin Ave most recently sold on Jul 7, 2022 for $129,000.
What is the current tax assessment for 708 Franklin Ave?
The most recent total assessment for 708 Franklin Ave (year 2024) is $13,650 with $516 in property tax.
How does 708 Franklin Ave's assessment compare to its last sale price?
The current assessment is 89.4% below the last sale price of $129,000.
When was 708 Franklin Ave built?
708 Franklin Ave was built in 1900.
How does 708 Franklin Ave compare to others on Franklin Ave?
We track 8 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 708 Franklin Ave?
708 Franklin Ave is a 3 bed, 3 bath, 2,696 sqft, 6,534 sqft lot single_family.
Is 708 Franklin Ave a flip candidate?
Yes — 708 Franklin Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 708 Franklin Ave a tax-appeal candidate?
No — 708 Franklin Ave 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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