NOT LISTED FOR SALE

1317 Lafayette Ave Mattoon, IL 61938

Estimated Value: $112,000 - $150,000

4 Beds
3 Baths
1,548 Sq Ft
$85/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $56,000 $36 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $900/month

51 Days on Market

About This Home

As of June 2020

Investment Property! Property has 4 units plus a two-car garage...Gross income is $21,600.00

Last Agent to Sell the Property

Cory Sanders

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

Last Buyer's Agent

Susan Fitt

Stocks Property Management License #471017905

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 1880

Lot Details

  • 7,500

Home Design

  • Quadruplex
  • Asphalt Roof

Parking

  • Detached Garage
  • 2 Carport Spaces

Utilities

  • No Cooling
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • 7,500 Sq Ft Lot

Community Details

  • 4 Units
  • Curyeas Add Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 07-1-06034-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,861

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Lot Size Acres: 0.17
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: Curyeas Add
  • Year Built: 1880
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: Trash Collection, Water
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Carport Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

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: 7500.0
  • Parcel #: 07-1-06034-000
  • Zoning: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1861.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jun 25, 2020
Sold by
Effingham Apartments Llc
Bought by
Washington Savings Bank and Land Trust 5146
Seller's Agent
Cory Sanders
Sanders & Company
Buyer's Agent
Susan Fitt
Stocks Property Management
List Price
$62,500
Sold Price
$56,000
Premium/Discount to List
-$6,500
-10.4%
Total Days on Market
51
Current Estimated Value
$131,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,333
Avg. Annual Appreciation
18.67%
Original Mortgage
$44,800
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Washington Savings Bank $56,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & A Rental Properties Llc $190,000
Open S & A Rental Properties Llc $541,200
Closed Washington Savings Bank $44,800
Previous Owner Sanders Cory $149,646
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $56,000 -10.4% $36 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $62,500 -6.7% $40 / Sq Ft
01/15/2015 01/15/15 Sold $67,000 -10.5% $43 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $74,900 -- $48 / 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 $1,993 $25,239 $3,409 $21,830
2023 $1,993 $22,535 $3,044 $19,491
2022 $1,939 $22,163 $2,994 $19,169
2021 $1,944 $20,357 $3,363 $16,994
2020 $1,924 $21,091 $3,484 $17,607
2019 $1,893 $20,357 $3,363 $16,994
2018 $1,861 $20,357 $3,363 $16,994
2017 $1,854 $20,357 $3,363 $16,994
2016 $1,817 $20,357 $3,363 $16,994
2015 $1,416 $16,049 $3,363 $12,686
2014 $1,416 $16,049 $3,363 $12,686
2013 $1,416 $16,049 $3,363 $12,686
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cory Sanders

    Sanders & Company

    (217) 235-4848

    161 Total Sales

    Cory Sanders
    Section Image

  • S

    Buyer's Agent in 2020

    Susan Fitt

    Stocks Property Management

    (217) 294-1625

    3 Total Sales

    Susan Fitt
    Section Image
  • Donna Smith

    Buyer's Agent in 2015

    Donna Smith

    Smith Realty Group of Effingham, LLC

    (217) 343-2343

    50 Total Sales

    Donna Smith
    Section Image

  • D

    Buyer's Agent in 2015

    Donna Aldrich

    Smith Realty Group of Effingham, LLC

    (217) 343-2343

    38 Total Sales

    Donna Aldrich
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6200978

APN: 07-1-06034-000

Illinois Coles County Mattoon 61938

1317 Lafayette Ave, Mattoon, IL

This home is located at 1317 Lafayette Ave, Mattoon, IL 61938 since 27 March 2020 and is currently estimated at $131,333, approximately $84 per square foot. This property was built in 1880. 1317 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.

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