NOT LISTED FOR SALE

1408 Wabash Ave Mattoon, IL 61938

Estimated Value: $151,000 - $187,000

5 Beds
3 Baths
3,470 Sq Ft
$47/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $59,000 $17 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,067/month

48 Days on Market

Highlights

  • 1.5 Car Detached Garage
  • Hot Water Heating System
  • 4-minute walk to Friendship Park
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of March 2017

This is a Fannie Mae HomePath Property. 3 units, Live in lower level and rent the other 2 for additional income. This historic home can Easley be converted back to a single family home. just open the doors. Prior rent were $1,725 per month. close to down town area and shopping.

Last Agent to Sell the Property

Bill Mundy

The Real Estate Shoppe - Sullivan License #471002636 Listed on: 12/07/2016

Last Buyer's Agent

Bill Mundy

The Real Estate Shoppe - Sullivan License #471002636 Listed on: 12/07/2016

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • 1.5 Car Detached Garage

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 3,470 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 07-1-04-369-000

Property Details

Home Type

Multi-Family

Lot Details

7,000 Sq Ft Lot

Parking

1

Listing Details

  • Directions: south 14th st to wabash west to property
  • Lot Size Acres: 0.16
  • Lot Size: 50x140
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Road Surface Type: Gravel
  • Building Stories: 3
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Sub Type Additional: Triplex
  • General Property Information Below Grade Unfinished Area: 1275.0
  • Special Features: RealEstateOwned
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Owner Pays: Trash Collection, Water
  • Stories: 3

Exterior Features

  • Construction Type: Wood Siding
  • Roof: Other
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 1.5
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas, Hot Water
  • 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: 7000.0
  • Parcel #: 07-1-04-369-000
  • Zoning: MLT

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4007.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2016
Closed on
Mar 3, 2017
Sold by
Floyd Riley
Bought by
Floyd Rentals Llc
Seller's Agent
Bill Mundy
The Real Estate Shoppe - Sullivan
Buyer's Agent
Bill Mundy
The Real Estate Shoppe - Sullivan
List Price
$70,500
Sold Price
$59,000
Premium/Discount to List
-$11,500
-16.31%
Current Estimated Value
$162,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,140
Avg. Annual Appreciation
11.92%
Original Mortgage
$64,000
Outstanding Balance
$52,441
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$109,699

Purchase Details

Listed on
Dec 7, 2016
Closed on
Mar 1, 2017
Sold by
Fannie Mae
Bought by
Floyd Riley
Seller's Agent
Bill Mundy
The Real Estate Shoppe - Sullivan
Buyer's Agent
Bill Mundy
The Real Estate Shoppe - Sullivan
List Price
$70,500
Sold Price
$59,000
Premium/Discount to List
-$11,500
-16.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$52,441
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$109,699

Purchase Details

Closed on
Nov 18, 2016
Sold by
Coles County Judge
Bought by
Federal National Mortgage Association
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
Floyd Rentals Llc -- --
Floyd Riley -- --
Federal National Mortgage Association $46,805 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floyd Riley $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2017 03/03/17 Sold $59,000 -16.3% $17 / Sq Ft
01/26/2017 01/26/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $70,500 -- $20 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $2,810 $33,063 $3,183 $29,880
2023 $2,539 $29,521 $2,842 $26,679
2022 $2,539 $29,033 $2,795 $26,238
2021 $2,546 $26,667 $3,744 $22,923
2020 $2,519 $27,630 $3,879 $23,751
2019 $2,479 $26,667 $3,744 $22,923
2018 $2,437 $26,667 $3,744 $22,923
2017 $2,429 $47,287 $3,744 $43,543
2016 $3,681 $47,287 $3,744 $43,543
2015 $3,637 $47,287 $3,744 $43,543
2014 $3,637 $47,287 $3,744 $43,543
2013 $3,637 $47,287 $3,744 $43,543
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bill Mundy

    The Real Estate Shoppe - Sullivan

    (217) 728-2000

    1 in this area

    89 Total Sales

    Bill Mundy
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6165138

APN: 07-1-04369-000

Illinois Coles County Mattoon 61938

1408 Wabash Ave, Mattoon, IL

Not Listed for Sale

MultiFamily

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