$55,000
SOLD MAY 8, 2015

2201 Richmond Ave Mattoon, IL 61938

5 Beds
5 Baths
2,918 Sq Ft
7,200 Sq Ft Lot

Recently Sold

$19 Per Sq Ft

15% Below List Price

230 Days on Market

Highlights

  • Window Unit Cooling System
  • Hot Water Heating System
  • Asbestos
  • Forced Air Heating System

About This Home

As of September 2017

Good investment for the price. 5 units total including garage apt. Mostly Long term month to month renters. Each unit has their own furnace, gas and electric meter. Improvements include partial roof replacement, partial plumbing replacement and replaced upstairs windows, plus some flooring. Outside painted 2001 house and garage. All apts inside painted. Income $1920 per month with all units rented. 3 units are long term renters. 2 units are newer renters.

Last Agent to Sell the Property

Doris Reynolds

Century 21 KIMA Properties License #475135333 Listed on: 07/22/2014

Century 21 KIMA Properties

Last Buyer's Agent

Trisha Bird

Coldwell Banker Classic Real Estate License #475132800

Coldwell Banker Classic Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,848

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 50 x 144

Home Design

  • Shingle Roof
  • Asbestos
  • Masonite
  • Plaster

Interior Spaces

  • 2,918 Sq Ft Home
  • 2-Story Property
  • Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 5 Units
  • Operating Expense $6,252

Listing and Financial Details

  • The owner pays for grounds care, hot water, insurance, trash collection
  • Assessor Parcel Number 07210525000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,848

Lot Details

0

Listing Details

  • Directions: North of Western Ave. 2 blocks on 22nd Street. Garage is fifth unit and is rented. Garage address is 213 N. 22nd and is included in sale.
  • Lot Size Acres: 0.17
  • Lot Size: 50 x 144
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two and One Half
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Owner Pays: Grounds Care, Hot Water, Insurance, Trash Collection
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Asbestos, Masonite, Plaster
  • Roof: Shingle
  • Waterfront: No

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air, Gas, Hot Water
  • 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: 7200.0
  • Parcel #: 07210525000
  • Zoning: Other
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Annual Operating Expense: 6252.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1848.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2017
Closed on
Sep 22, 2017
Sold by
Guthridge Daniel
Bought by
Washington Savings Bank
Seller's Agent
Trisha Bird
Coldwell Banker Classic Real Estate
Buyer's Agent
Trisha Bird
Coldwell Banker Classic Real Estate
List Price
$77,000
Sold Price
$64,000
Premium/Discount to List
-$13,000
-16.88%
Current Estimated Value
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,000
Avg. Annual Appreciation
7.32%
Original Mortgage
$51,200
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2014
Closed on
May 8, 2015
Sold by
Rawdin Charles and Rawdin Deborah
Bought by
Guthridge Daniel
Seller's Agent
Doris Reynolds
Century 21 KIMA Properties
Buyer's Agent
Trisha Bird
Coldwell Banker Classic Real Estate
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$43,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $64,000 --
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,500 Future Advance Clause Open End Mortgage
Closed $51,200 New Conventional
Previous Owner $43,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $64,000 -16.9% $22 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $77,000 +40.0% $26 / Sq Ft
05/08/2015 05/08/15 Sold $55,000 -15.4% $19 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
07/22/2014 07/22/14 For Sale $65,000 -- $22 / 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 $1,940 $24,582 $4,133 $20,449
2023 $1,940 $21,948 $3,690 $18,258
2022 $1,887 $21,585 $3,629 $17,956
2021 $1,893 $19,826 $3,333 $16,493
2020 $1,872 $20,541 $3,453 $17,088
2019 $1,843 $19,826 $3,333 $16,493
2018 $1,810 $19,826 $3,333 $16,493
2017 $1,805 $19,826 $3,333 $16,493
2016 $1,766 $19,826 $3,333 $16,493
2015 $1,745 $19,826 $3,333 $16,493
2014 $1,745 $19,826 $3,333 $16,493
2013 $1,745 $19,826 $3,333 $16,493
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Trisha Bird

    Coldwell Banker Classic Real Estate

    (217) 273-4872

    96 Total Sales

    Section Image

  • D

    Seller's Agent in 2015

    Doris Reynolds

    Century 21 KIMA Properties

    (217) 258-6621

    26 Total Sales

    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6134124

APN: 07-2-10525-000

Illinois Coles County Mattoon 61938

2201 Richmond Ave, Mattoon, IL

This home is located at 2201 Richmond Ave, Mattoon, IL 61938 and is currently priced at $55,000, approximately $18 per square foot. 2201 Richmond 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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