$67,000
SOLD JAN 15, 2015

1312 Lafayette Ave Mattoon, IL 61938

7 Beds
6 Baths
1,516 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

16% Below List Price

187 Days on Market

About This Home

As of March 2021

5/6 unit building with great rental income potential. Property has 5 units with an additional 6th unit could be remodeled into an efficiency or laundry facility. Property could be sold as a package deal with 1317 Lafayette for

Last Agent to Sell the Property

Cory Sanders

Sanders & Company License #471003576 Listed on: 06/06/2014

Last Buyer's Agent

Donna Smith

Smith Realty Group of Effingham, LLC License #471002221

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,303

Year Built

  • Built in 1906

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 6 Parking Spaces

Home Design

  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Plaster

Interior Spaces

  • 1,516 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 6 Units
  • Operating Expense $1,250

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 7104910000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,303

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Directions: on 1400 Block of Lafayette
  • Lot Size Acres: 0.17
  • Lot Size: 50x150
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Road Surface Type: Gravel
  • Building Stories: 2
  • Year Built: 1906
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Owner Pays: Trash Collection, Water
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding, Plaster
  • Roof: Metal, Shingle
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air, Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Mattoon Dist. 2

Lot Info

  • Lot Size Sq Ft: 7500.0
  • Parcel #: 7104910000
  • Zoning: MLT
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Annual Operating Expense: 1250.0

Tax Info

  • Tax Year: 1998
  • Tax Annual Amount: 1303.0

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%
Current Estimated Value
$110,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,276
Avg. Annual Appreciation
16.59%
Original Mortgage
$48,000
Outstanding Balance
$6,780
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$113,293
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $60,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $48,000 Future Advance Clause Open End Mortgage
Previous Owner $126,000 Commercial
Previous Owner $149,646 Commercial
Previous Owner $18,500 Future Advance Clause Open End Mortgage
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

  • C

    Seller's Agent in 2021

    Cory Sanders

    Sanders & Company

    (217) 235-4848

    153 Total Sales

    Cory Sanders
    Section Image

  • J

    Buyer's Agent in 2021

    Joe Perkins

    All-American Realty

    Section Image
  • Donna Smith

    Buyer's Agent in 2015

    Donna Smith

    Smith Realty Group of Effingham, LLC

    (217) 343-2343

    45 Total Sales

    Donna Smith
    Section Image

  • D

    Buyer's Agent in 2015

    Donna Aldrich

    Smith Realty Group of Effingham, LLC

    (217) 343-2343

    35 Total Sales

    Donna Aldrich
    Section Image
See All Agents

Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6133254

APN: 07-1-04910-000

Illinois Coles County Mattoon 61938

1312 Lafayette Ave, Mattoon, IL

This home is located at 1312 Lafayette Ave, Mattoon, IL 61938 and is currently priced at $67,000, approximately $44 per square foot. This property was built in 1906. 1312 Lafayette Ave is a home located in Coles County with nearby schools including Mattoon High School, St Mary School, and St. John's Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes