NOT LISTED FOR SALE

1312 Lafayette Ave Mattoon, IL 61938

Estimated Value: $82,075 - $146,000

-- Bed
6 Baths
1,516 Sq Ft
$72/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $60,000 $40 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $776/month

311 Days on Market

About This Home

As of March 2021

Looking for an income property? This property has 6 units with a potential monthly income of $1630.00
Owner pays water and trash...Unit #3 has been vacant for years...could be an efficiency or converted to laundry room. Give us a call today!

Last Agent to Sell the Property

Cory Sanders

Sanders & Company License #471003576 Listed on: 03/27/2020

Last Buyer's Agent

Joe Perkins

All-American Realty License #TBD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,829

Year Built

  • Built in 1906

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Gas Water Heater

Community Details

  • 6 Units
  • O T/Mattoon Subdivision

Listing and Financial Details

  • The owner pays for common area maintenance, exterior maintenance, grounds care, hot water, insurance, snow removal, sewer, taxes, trash collection, water
  • Assessor Parcel Number 07-1-04910-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,829

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Lot Size Acres: 0.16
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Subdivision Name: O T/Mattoon
  • Year Built: 1906
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full
  • Basement YN: Yes
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, Hot Water, Insurance, Snow Removal, Sewer, Taxes, Trash Collection, Water
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement

Utilities

  • Cooling: None
  • Water Source: Public
  • Cooling Y N: No
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Mattoon Dist. 2

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 07-1-04910-000
  • Zoning: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1829.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Mar 10, 2021
Sold by
Effingham Apratments Llc
Bought by
Agudelo Caesar
Seller's Agent
Cory Sanders
Sanders & Company
Buyer's Agent
Joe Perkins
All-American Realty
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%
Total Days on Market
311
Current Estimated Value
$109,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,769
Avg. Annual Appreciation
14.90%
Original Mortgage
$48,000
Outstanding Balance
$8,456
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$99,810
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Agudelo Caesar $60,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agudelo Caesar $48,000
Previous Owner Effingham Apartments Llc $126,000
Previous Owner Sanders Cory $149,646
Previous Owner Sanders Cory L $18,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $60,000 -24.9% $40 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
03/27/2020 03/27/20 For Sale $79,900 +19.3% $53 / Sq Ft
01/15/2015 01/15/15 Sold $67,000 -16.1% $44 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $79,900 -- $53 / 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 $1,959 $24,819 $2,893 $21,926
2023 $1,959 $22,160 $2,583 $19,577
2022 $1,906 $21,794 $2,540 $19,254
2021 $1,911 $20,018 $2,333 $17,685
2020 $1,891 $20,740 $2,417 $18,323
2019 $1,861 $20,018 $2,333 $17,685
2018 $1,829 $20,018 $2,333 $17,685
2017 $1,824 $45,280 $2,333 $42,947
2016 $4,037 $45,280 $2,333 $42,947
2015 $1,847 $20,947 $3,262 $17,685
2014 $1,847 $20,947 $3,262 $17,685
2013 $1,847 $20,947 $3,262 $17,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6200977

APN: 07-1-04910-000