NOT LISTED FOR SALE

1513 Lafayette Ave Mattoon, IL 61938

Estimated Value: $78,000 - $110,000

2 Beds
2 Baths
1,445 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $54,500 $38 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $608/month

331 Days on Market

Highlights

  • 2 Car Detached Garage
  • Wood Siding
  • 3-minute walk to Friendship Park
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2016

EASILY CONVERTED back to a 3 bedroom, 2 Bath home. Front Unit A is presently Rented Month to Month, Rear Unit B is presently Leased until December 15, 2015. UPDATES INCLUDE, Electrical - 2000, Plumbing - 2005, Sump Pump - 2006, Central Air - 2007, Roof - 2010, Sewer Line - 2012, Furnace Motor, Entry Door to Garage replaced, Foundation Tuck pointed and Garage and House Painted - 2015 Expenses are, Ameren -$232, Water - $25, Trash - $17, Insurance - $30, R E Taxes - $124 all are Avg per mo. paid for by Lan dlord. UTILITY printout in DOCS under, OTHER. Skelton key fits door to Partial Basement for Furnace & Hot Water Heater.

Last Agent to Sell the Property

John Cowger

Coldwell Banker Classic Real Estate License #475126368 Listed on: 02/25/2015

Last Buyer's Agent

Non Member

Central Illinois Board of REALTORS License ##N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,489

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding
  • Plaster

Interior Spaces

  • 1,445 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Utilities

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

Listing and Financial Details

  • The owner pays for electricity, gas, heat, trash collection, water
  • Assessor Parcel Number 07-1-05987-000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $428
  • Net Operating Income $572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,489

Lot Details

0

Parking

2

Listing Details

  • Directions: Rt 16 East to 16th Street, South 2 blocks, turn East (Left) on Lafayette Ave. (1 way street) home is between 15th and 16th Street on the Right side.
  • Lot Size Acres: 0.16
  • Lot Size: 50 x 140
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Road Surface Type: Gravel
  • Building Stories: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Has Basement: Unfinished, Crawl Space, Partial, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Owner Pays: Electricity, Gas, Heat, Trash Collection, Water
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: 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: 7000.0
  • Parcel #: 07-1-05987-000
  • Zoning: MLT
  • ResoLotSizeUnits: Acres

Multi Family

  • Property Net Operating Income: 572.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 428.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1489.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2022
Sold by
Dba Real Estate Llc
Bought by
Terry Omer
Current Estimated Value
$90,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,967
Outstanding Balance
$53,478
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$33,082

Purchase Details

Listed on
Feb 25, 2015
Closed on
Mar 7, 2016
Sold by
Christman Kirk P and Christman Victoria K
Bought by
Dba Real Estate Llc
Seller's Agent
John Cowger
Coldwell Banker Classic Real Estate
Buyer's Agent
Non Member
Central Illinois Board of REALTORS
List Price
$58,900
Sold Price
$54,500
Premium/Discount to List
-$4,400
-7.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$44,000
Interest Rate
3.65%
Source: Public Records

Range of Values:

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Average Value
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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
Terry Omer $57,000 None Listed On Document
Dba Real Estate Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omer Terry $3,794
Open Terry Omer $55,967
Previous Owner Dba Real Estate Llc $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2016 03/10/16 Sold $54,500 -7.5% $38 / Sq Ft
01/23/2016 01/23/16 Pending -- -- --
02/25/2015 02/25/15 For Sale $58,900 -- $41 / 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 $1,541 $19,524 $3,183 $16,341
2023 $1,541 $17,432 $2,842 $14,590
2022 $1,500 $17,144 $2,795 $14,349
2021 $1,504 $15,747 $3,744 $12,003
2020 $1,488 $16,315 $3,879 $12,436
2019 $1,464 $15,747 $3,744 $12,003
2018 $1,439 $15,747 $3,744 $12,003
2017 $1,435 $15,747 $3,744 $12,003
2016 $1,406 $15,747 $3,744 $12,003
2015 $1,389 $15,747 $3,744 $12,003
2014 $1,389 $15,747 $3,744 $12,003
2013 $1,389 $15,747 $3,744 $12,003
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Cowger

    Coldwell Banker Classic Real Estate

  • N

    Buyer's Agent in 2016

    Non Member

    Central Illinois Board of REALTORS

See All Agents

Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6150638

APN: 07-1-05987-000

Illinois Coles County Mattoon 61938

1513 Lafayette Ave, Mattoon, IL

This home is located at 1513 Lafayette Ave, Mattoon, IL 61938 since 25 February 2015 and is currently estimated at $90,890, approximately $62 per square foot. 1513 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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