$67,000
SOLD JAN 15, 2015

1317 Lafayette Ave Mattoon, IL 61938

5 Beds
4 Baths
1,548 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

11% Below List Price

187 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • 1.5 Car Garage

About This Home

As of June 2020

4 unit apt building was remodeled in 2001 new roof in 2002 this building is in a great location with very low vacancy rate you could live in the lower level (1600 sq ft) & let the three up stairs apts pay your mortgage for you . Property can be bought at package price with 1312 Lafayette.

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

  • $1,377

Year Built

  • Built in 1880

Lot Details

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

Parking

  • 1.5 Car Garage
  • 1 Carport Space

Home Design

  • Quadruplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,548 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 4 Units
  • Operating Expense $2,015

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 07106034000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,377

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Directions: 1300 Block of Lafayette
  • Lot Size Acres: 0.17
  • Lot Size: 50x150
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Road Surface Type: Concrete
  • Building Stories: 2
  • Year Built: 1880
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Range, Refrigerator
  • Has Basement: Unfinished, Full, Partial
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Owner Pays: Trash Collection, Water
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Aluminum Siding
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Carport Spaces: 1.0
  • Garage Spaces: 1.5
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Forced Air, Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Mattoon Dist. 2

Lot Info

  • Lot Size Sq Ft: 7500.0
  • Parcel #: 07106034000
  • Zoning: MLT
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 2015.0

Tax Info

  • Tax Year: 2002
  • Tax Annual Amount: 1377.0

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%
Current Estimated Value
$122,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,667
Avg. Annual Appreciation
18.15%
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 Type Sale Price Title Company
Warranty Deed $56,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 New Conventional
Open $541,200 New Conventional
Closed $44,800 Future Advance Clause Open End Mortgage
Previous Owner $149,646 Commercial
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

    158 Total Sales

    Section Image

  • S

    Buyer's Agent in 2020

    Susan Fitt

    Stocks Property Management

    (217) 294-1625

    2 Total Sales

    Section Image
  • Donna Smith

    Buyer's Agent in 2015

    Donna Smith

    Smith Realty Group of Effingham, LLC

    (217) 343-2343

    48 Total Sales

    Section Image

  • D

    Buyer's Agent in 2015

    Donna Aldrich

    Smith Realty Group of Effingham, LLC

    (217) 343-2343

    38 Total Sales

    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6133251

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 and is currently priced at $67,000, approximately $43 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.

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.

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