NOT LISTED FOR SALE

1701 Walnut Ave Mattoon, IL 61938

16 Beds
8 Baths
11,000 Sq Ft
0.64 Acres

Last Sold November 06, 2015

Last sale price $315,000 $29 Per Sq Ft

26 Days on Market

About This Home

As of November 2015

ATTENTION INVESTORS!! FIRE SALE!! Looking for a great investment? This is the one for you! This is a newer, luxury, very low maintenance building that has a very low vacancy rate. Each unit includes 2 bedrooms, ref., stove, washer and dryer and dishwasher. This complex is all electric and owner pays just water and trash. Call today for your showing!

Last Agent to Sell the Property

Cory Sanders

Sanders & Company License #471003576 Listed on: 09/04/2015

Last Buyer's Agent

kristin becker

Sanders & Company License #475141945

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,100

Year Built

  • 2001

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 100x280

Parking

  • 12 Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 11,000 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for electricity, trash collection, water
  • Assessor Parcel Number 7213849000

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $20,440
  • Net Operating Income $41,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,100

Year Built

2001

Lot Details

0

Listing Details

  • Directions: East of Lakeland
  • Lot Size Acres: 0.64
  • Lot Size: 100x280
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Road Surface Type: Concrete
  • Building Stories: 2
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Owner Pays: Electricity, Trash Collection, Water
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Crawlspace

Garage/Parking

  • Total Parking Spaces: 12.0

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • 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: 28000.0
  • Parcel #: 7213849000
  • Zoning: MLT
  • ResoLotSizeUnits: Acres

Multi Family

  • Property Net Operating Income: 41000.0
  • Number Of Units Total: 8
  • Annual Operating Expense: 20440.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 10100.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $315,000 -4.5% $29 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $329,900 -- $30 / Sq Ft
Source: Central Illinois Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6153768