NOT LISTED FOR SALE

1612 Lafayette Ave Mattoon, IL 61938

Mattoon Area

Estimated Value: $95,000 - $141,827

5 Beds
3 Baths
3,370 Sq Ft
$34/Sq Ft Est. Value

Sale Details

Date Sold: January 21, 2025

Last sale price $97,500 $29 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $848 / mo

53 Days on Market

About This Home

As of January 2025

Fantastic investment opportunity! Conveniently located near shopping and restaurants in the heart of Mattoon, this 2 story home hosts three separate units with great income potential. Both the main floor and upstairs units are 2 bedroom, 1 bath while the rear apartment offers 1 bedroom, 1 bathroom. Add this one to your portfolio today!

Last Agent to Sell the Property

Ryan Dallas

Ryan Dallas Real Estate License #475143433 Listed on: 08/16/2024

Last Buyer's Agent

Julie Willingham

Premier Realtors License #471018711

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,263

Year Built

  • Built in 1907

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Oven

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Community Details

  • 3 Units
  • Operating Expense $1,750

Listing and Financial Details

  • The owner pays for gas, water
  • Assessor Parcel Number 07-1-04973-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,263

Year Built

Built in 1907

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Directions: From Charleston Ave, south on 16th, right on Lafayette Ave, property will be on the right
  • Lot Size Acres: 0.16
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1907
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Oven, Refrigerator
  • Owner Pays: Gas, Water
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Waterfront: No

Utilities

  • Cooling: Window Unit(s)
  • Water Source: Public
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Mattoon Dist. 2

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 07-1-04973-000
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 1750.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2263.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Jan 17, 2025
Sold by
Bought by
Seller's Agent
Ryan Dallas
Ryan Dallas Real Estate
Buyer's Agent
Julie Willingham
Premier Realtors
List Price
$124,900
Sold Price
$97,500
Premium/Discount to List
-$27,400
-21.94%
Views
69
Current Estimated Value
$116,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,707
Avg. Annual Appreciation
11.75%
Original Mortgage
$96,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2018
Closed on
Jun 1, 2018
Sold by
Bought by
Seller's Agent
Janice Moritz
Century 21 Kima Properties
Buyer's Agent
Barbara Lawson
Century 21 Kima Properties
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$60,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Mattoon, IL

  • Art Geen Real Estate Agent - Full Circle Realty

    Art Geen

    Full Circle Realty

    (217) 916-2418

    51 Total Sales

    1 in Mattoon

    $128,000 Price

    Art Geen
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  • Kristen Hutchinson Real Estate Agent - All-American Realty

    Kristen Hutchinson

    All-American Realty

    (217) 993-9041

    131 Total Sales

    19 in Mattoon

    $50K - $360K Price Range

    Kristen Hutchinson
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  • Blake McWilliams Real Estate Agent - RE/MAX Key Advantage

    Blake McWilliams

    RE/MAX Key Advantage

    (618) 403-1246

    39 Total Sales

    9 in Mattoon

    $82K - $169K Price Range

    Blake McWilliams
     Section Image
  • Diane Otta Real Estate Agent - Brinkoetter, Realtors

    Diane Otta

    Brinkoetter, Realtors

    (217) 859-8481

    43 Total Sales

    3 in Mattoon

    $38K - $98K Price Range

    Diane Otta
     Section Image
  • Carol Meinhart Real Estate Agent - The Real Estate Group LLC

    Carol Meinhart

    Responds Quickly

    The Real Estate Group LLC

    (217) 858-4967

    771 Total Sales

    3 in Mattoon

    $833,000 Price Range

    Carol Meinhart
     Section Image
  • Tony Lape Real Estate Agent - RE/MAX Properties

    Tony Lape

    RE/MAX Properties

    (217) 858-2320

    65 Total Sales

    1 in Mattoon

    $144,900 Price

    Tony Lape
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$97,500 None Listed On Document
$60,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $102,800
Closed $96,000
Previous Owner $60,000
Previous Owner $108,000
Previous Owner $45,000
Previous Owner $61,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2025 01/21/25 Sold $97,500 0.0% $29 / Sq Ft
01/21/2025 01/21/25 Sold $97,500 -18.7% $29 / Sq Ft View Prior Sale
10/08/2024 10/08/24 Pending -- -- --
10/08/2024 10/08/24 Pending -- -- --
09/24/2024 09/24/24 Price Changed $119,900 0.0% $36 / Sq Ft
09/24/2024 09/24/24 Price Changed $119,900 -4.0% $36 / Sq Ft
08/16/2024 08/16/24 For Sale $124,900 0.0% $37 / Sq Ft
08/08/2024 08/08/24 For Sale $124,900 +108.2% $37 / Sq Ft
06/01/2018 06/01/18 Sold $60,000 -14.2% $18 / Sq Ft View Prior Sale
04/25/2018 04/25/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $69,900 -- $21 / Sq Ft
Source: Central Illinois Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,506 $31,586 $3,508 $28,078
2024 $2,436 $28,662 $3,183 $25,479
2023 $2,263 $25,591 $2,842 $22,749
2022 $2,201 $25,168 $2,795 $22,373
2021 $2,207 $23,117 $3,262 $19,855
2020 $2,184 $23,952 $3,380 $20,572
2019 $2,149 $23,117 $3,262 $19,855
2018 $2,112 $23,117 $3,262 $19,855
2017 $2,106 $23,117 $3,262 $19,855
2016 $2,062 $23,117 $3,262 $19,855
2015 $2,023 $23,117 $3,262 $19,855
2014 $2,023 $22,947 $3,262 $19,685
2013 $2,023 $22,947 $3,262 $19,685
Source: Public Records

Agents Affiliated with this Home

  • Ryan Dallas Real Estate Agent - Ryan Dallas Real Estate

    Seller's Agent in 2025

    Ryan Dallas

    Ryan Dallas Real Estate

    (217) 239-7130

    2,275 Total Sales

    Ryan Dallas
    Section Image
  • Julie Willingham Real Estate Agent - Premier Realtors

    Buyer's Agent in 2025

    Julie Willingham

    Premier Realtors

    (217) 273-9039

    227 Total Sales

    Julie Willingham
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member

    NON MEMBER

  • Janice Moritz Real Estate Agent - Century 21 Kima Properties

    Seller's Agent in 2018

    Janice Moritz

    Century 21 Kima Properties

    (217) 254-7210

    154 Total Sales

    Janice Moritz
    Section Image

  • B

    Buyer's Agent in 2018

    Barbara Lawson

    Century 21 Kima Properties

    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6245373

APN: 07-1-04973-000

Illinois Coles County Mattoon 61938

1612 Lafayette Ave, Mattoon, IL

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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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