NOT LISTED FOR SALE

1608 Lafayette Ave Mattoon, IL 61938

Estimated Value: $97,000 - $129,000

3 Beds
2 Baths
1,138 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 24, 2014

Last sale price $66,000 $58 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $780/month

282 Days on Market

Highlights

  • Workshop
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Bungalow
  • Replacement Windows
  • 1-minute walk to Friendship Park

About This Home

As of December 2014

Let the Rental Income make your mortgage payment! This well cared for Home has lots of different possibilities. At Present it is Owner Occupied Move-In Ready, with 3 Bedrooms, 2 Baths, Eat-In Kitchen, Living Room, Office or Sunroom, Screened-In Front Porch, Back Entryway, Carport and Nice Landscaping. It also features a Nice Occupied Rental (Rent is $350 mo.) on back of the Lot and a Newer 14x 26 Heated and Electric Workshop that could be converted to another Rental if not needed. For the Investor, the Home could be easily changed into 2 Apartments. Call to see this Special Property today

Last Agent to Sell the Property

Sue Walden

All-American Realty License #475097021 Listed on: 02/03/2014

Last Buyer's Agent

Kathy Carson

All-American Realty License #475136042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $516

Year Built

  • Built in 1897

Lot Details

  • Lot Dimensions are 50x140
  • Property is zoned M-1

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,138 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Workshop
  • Crawl Space
  • Laundry on main level

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outbuilding

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 07104974000

Home Details

Home Type

Single Family

Est. Annual Taxes

$516

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1138.0
  • Directions: In Mattoon on Lafayette Ave.
  • Lot Size: 50x140
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Year Built: 1897
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Main Level Primary
  • Fireplace: No
  • Stories: 1
  • Window Features: Replacement Windows

Exterior Features

  • Construction Type: Brick, Vinyl Siding, Wood Siding, Plaster
  • Exterior Features: Workshop
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Crawlspace
  • Other Structures: Outbuilding

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Mattoon Dist. 2

Lot Info

  • Parcel #: 07104974000
  • Zoning: M-1

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 516.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Dec 10, 2014
Sold by
Sander Walter
Bought by
Rieck Thomas J
Seller's Agent
Sue Walden
All-American Realty
Buyer's Agent
Kathy Carson
All-American Realty
List Price
$89,900
Sold Price
$66,000
Premium/Discount to List
-$23,900
-26.59%
Current Estimated Value
$113,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,688
Avg. Annual Appreciation
5.11%
Original Mortgage
$49,500
Outstanding Balance
$37,986
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$75,702
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rieck Thomas J $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rieck Thomas J $49,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2014 12/24/14 Sold $66,000 -26.6% $58 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $89,900 -- $79 / 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 $2,142 $25,208 $3,183 $22,025
2023 $1,990 $22,507 $2,842 $19,665
2022 $1,412 $22,135 $2,795 $19,340
2021 $1,394 $20,331 $3,461 $16,870
2020 $1,921 $21,065 $3,586 $17,479
2019 $1,890 $20,331 $3,461 $16,870
2018 $1,310 $20,331 $3,461 $16,870
2017 $1,306 $20,331 $3,461 $16,870
2016 $1,814 $20,331 $3,461 $16,870
2015 $494 $20,331 $3,461 $16,870
2014 $494 $20,331 $3,461 $16,870
2013 $494 $20,331 $3,461 $16,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6131268

APN: 07-1-04974-000