NOT LISTED FOR SALE

1701 Walnut Ave Mattoon, IL 61938

Mattoon Area
16 Beds
8 Baths
11,000 Sq Ft
0.64 Acre Lot

Sale Details

Date Sold: November 6, 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

Lot Details

  • 28,000 Sq Ft 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

Lot Details

0.64 Acres

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

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

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

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

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
Sep 4, 2015
Closed on
Nov 6, 2015
Sold by
Bought by
Seller's Agent
Cory Sanders
Sanders & Company
Buyer's Agent
kristin becker
Sanders & Company
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Interest Rate
0.043%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2006
Sold by
Bought by
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

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
$315,000 --
-- 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 $267,750
Previous Owner $296,000
Previous Owner $298,000
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
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

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 $12,054 $151,935 $14,577 $137,358
2024 $11,717 $137,872 $13,228 $124,644
2023 $10,586 $123,100 $11,811 $111,289
2022 $10,586 $121,066 $11,616 $109,450
2021 $10,253 $107,400 $10,670 $96,730
2020 $10,143 $111,277 $11,055 $100,222
2019 $9,985 $107,400 $10,670 $96,730
2018 $9,810 $107,400 $10,670 $96,730
2017 $9,778 $107,400 $10,670 $96,730
2016 $9,574 $107,400 $10,670 $96,730
2015 $9,459 $107,400 $10,670 $96,730
2014 $9,459 $107,400 $10,670 $96,730
2013 $9,459 $107,400 $10,670 $96,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6153768

APN: 07-2-13849-000

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