NOT LISTED FOR SALE

2301 Richmond Ave Mattoon, IL 61938

Estimated Value: $99,953 - $167,000

5 Beds
4 Baths
-- Sq Ft
7,150 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $42,000

Est. 195% increase in value since last sale

Current estimated payment $840/month

14 Days on Market

Highlights

  • Window Unit Cooling System
  • Hot Water Heating System
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of June 2023

Attention Investors!! Two separate properties for the price of One!!! Priced to sell, 2301 Richmond is a two-unit building. The front unit #1 is a 1 bedroom/1 bath rented at $325/month and has had the same tenant for 5 years, the Eastside unit #2, is a 2 bedroom/1bath, could be a 3 bedroom, has rented for $550, currently vacant and needs work. 213 N 23rd is a 1 bedroom/1 bath rented at $350/month and tenant has also been there for approx. 5 years. Lots of potential if you are handy!!
Both properties $47,500

Last Agent to Sell the Property

Janice Moritz

Century 21 KIMA Properties License #475128989 Listed on: 05/23/2023

Century 21 KIMA Properties

Last Buyer's Agent

Vance Oliver

All-American Realty License #475206492

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,124

Year Built

  • Built in 1890

Lot Details

  • 7,150 Sq Ft Lot
  • Lot Dimensions are 50x142.5

Home Design

  • Triplex
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Range

Utilities

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

Listing and Financial Details

  • The owner pays for insurance, taxes, trash collection, water
  • Assessor Parcel Number 07-2-10504-000

Community Details

Overview

  • 3 Units
  • Noyes Add Subdivision

Building Details

  • Operating Expense $4,843

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,124

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Lot Size Acres: 0.16
  • Lot Size: 50x142.5
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Subdivision Name: Noyes Add
  • Year Built: 1890
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Owner Pays: Insurance, Taxes, Trash Collection, Water
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Asphalt, 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: 7150.0
  • Parcel #: 07-2-10504-000
  • Zoning: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 4843.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2124.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 30, 2023
Sold by
Metcalf Brad
Bought by
Drake Oliver Company Llc
Seller's Agent
Janice Moritz
Century 21 KIMA Properties
Buyer's Agent
Vance Oliver
All-American Realty
List Price
$47,500
Sold Price
$42,000
Premium/Discount to List
-$5,500
-11.58%
Current Estimated Value
$123,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,738
Avg. Annual Appreciation
57.55%
Original Mortgage
$100,000
Outstanding Balance
$87,672
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$27,546
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 Buyer Sale Price Title Company
Drake Oliver Company Llc $42,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Oliver Company Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $42,000 -11.6% --
06/07/2023 06/07/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $47,500 -- --
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 $2,177 $27,579 $4,095 $23,484
2023 $2,177 $24,624 $3,656 $20,968
2022 $2,117 $24,218 $3,596 $20,622
2021 $2,124 $22,245 $3,303 $18,942
2020 $2,100 $23,048 $3,422 $19,626
2019 $2,030 $21,837 $3,303 $18,534
2018 $1,994 $21,837 $3,303 $18,534
2017 $1,988 $21,837 $3,303 $18,534
2016 $1,945 $21,837 $3,303 $18,534
2015 $1,922 $21,837 $3,303 $18,534
2014 $1,922 $21,837 $3,303 $18,534
2013 $1,922 $21,837 $3,303 $18,534
Source: Public Records

Agents Affiliated with this Home

  • Janice Moritz

    Seller's Agent in 2023

    Janice Moritz

    Century 21 KIMA Properties

    (217) 254-7210

    168 Total Sales

    Janice Moritz
    Section Image
  • Vance Oliver

    Buyer's Agent in 2023

    Vance Oliver

    All-American Realty

    (217) 549-9034

    73 Total Sales

    Vance Oliver
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6227375

APN: 07-2-10504-000

Illinois Coles County Mattoon 61938

2301 Richmond Ave, Mattoon, IL

This home is located at 2301 Richmond Ave, Mattoon, IL 61938 since 23 May 2023 and is currently estimated at $123,738. This property was built in 1890. 2301 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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