NOT LISTED FOR SALE

1400 Edgar Ave Mattoon, IL 61938

Estimated Value: $101,000

7 Beds
7 Baths
3,731 Sq Ft
$27/Sq Ft Est. Value

Last Sold March 21, 2019

Last sale price $6,000 $2 Per Sq Ft

Est. 1,583% increase in value since last sale

Current estimated payment $539/month

144 Days on Market

About This Home

As of March 2019

Loads of potential! This 7 unit investment property nestled in the heart of Mattoon is now on the market! If you are looking for an investment that will pay you back then you need to take a look at this! Call for an appointment!

Last Agent to Sell the Property

Toby Ferris

Century 21 Kima Properties License #471022427 Listed on: 10/13/2018

Last Buyer's Agent

Tom Bariether

Coldwell Banker Classic Real Estate License #475123061

Coldwell Banker Classic Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 3,250 Sq Ft Lot
  • Lot Dimensions are 50 x 65.5

Interior Spaces

  • 3,731 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Utilities

  • Water Heater

Community Details

  • 7 Units
  • Curyeas Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-1-06016-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Directions: From Charleston Ave, Turn South on 14th, Turn West on Edgar, Building is on Corner
  • Lot Size Acres: 0.07
  • Lot Size: 50 x 65.5
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: Curyeas Add
  • Year Built: 1956
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Other
  • Waterfront: No

Utilities

  • Cooling: Other
  • Water Source: Public
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Mattoon Dist. 2

Lot Info

  • Lot Size Sq Ft: 3250.0
  • Parcel #: 07-1-06016-000
  • Zoning: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2657.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Smith Mark D and Smith Hilary L
Bought by
Spmmattoonil Llc
Current Estimated Value
$101,000

Purchase Details

Listed on
Oct 13, 2018
Closed on
Mar 17, 2019
Sold by
Humphrey Seth and Humphrey Brennen E
Bought by
Smith Mark D and Smith Hilary L
Seller's Agent
Toby Ferris
Century 21 Kima Properties
Buyer's Agent
Tom Bariether
Coldwell Banker Classic Real Estate
List Price
$78,000
Sold Price
$6,000
Premium/Discount to List
-$72,000
-92.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.38%
Source: Public Records
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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
Spmmattoonil Llc -- None Available
Smith Mark D $6,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2019 03/21/19 Sold $6,000 -92.3% $2 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
10/13/2018 10/13/18 For Sale $78,000 -- $21 / 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 $127 $1,500 $1,500 $0
2023 $116 $1,339 $1,339 $0
2022 $116 $1,317 $1,317 $0
2021 $178 $1,866 $1,866 $0
2020 $177 $1,933 $1,933 $0
2019 $697 $7,500 $7,500 $0
2018 $2,666 $29,186 $8,741 $20,445
2017 $2,657 $29,186 $8,741 $20,445
2016 $1,346 $29,186 $8,741 $20,445
2015 $2,570 $29,186 $8,741 $20,445
2014 $2,570 $29,186 $8,741 $20,445
2013 $2,570 $29,186 $8,741 $20,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6184443

APN: 07-1-06016-000