Seller's Agent in 2019
Jon Fisher
MR. LANDMAN
(217) 202-0924
208 Total Sales
4808 Paradise Rd Mattoon, IL 61938
Estimated Value: $517,298
64
Beds
32
Baths
--
Sq Ft
9.55
Acres
About This Home
As of October 2019Lakeland Estates is a 91 pad mobile home park that sits on 9.55 acres in Mattoon, IL, just west of Lakeland Community College and Interstate 57. Mattoon-Charleston has approximately 40,000 residents. Charleston is roughly 10 minutes away from Lakeland Estates and is home to Eastern Illinois University and its 7,000 students. Lakeland Community College is less than a mile away and has over 5,000 students. Lakeland and EIU together employ over 3,000 local residents. Other key employers include Sarah Bush hospital, Rural King Corporate, & Consolidated Communications. Of the 91 pads in Lakeland Estates, 28 are currently occupied (31% occupancy rate). The park is on CITY WATER & CITY SEWER! The park currently has 24 TOH's that are paying $230/month. The park has 4 POH's that are paying $530/month. Rent has not been increased in over three years. Each pad has its own electric, water, & gas meters. The park pays the water/sewer and charges back to tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,261
Year Built
- 1970
Lot Details
- 9.55
Listing and Financial Details
- Tenant pays for air conditioning, electric, heat, water/sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2019
Closed on
Sep 25, 2019
Sold by
Harvey Robert J and Harvey Linda S
Bought by
Lakeland Ests Llc
Seller's Agent
Jon Fisher
MR. LANDMAN
Buyer's Agent
Jon Fisher
MR. LANDMAN
List Price
$550,000
Sold Price
$445,000
Premium/Discount to List
-$105,000
-19.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,298
Avg. Annual Appreciation
2.53%
Purchase Details
Closed on
Dec 28, 2015
Sold by
Coles County Circuit Court
Bought by
Harva Robert J and Harva Linda S
Purchase Details
Closed on
Jun 19, 2007
Sold by
Knollmann Norbert and Knollmann Nancy
Bought by
Lakeland Estates Mhp Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lakeland Ests Llc | $345,000 | Chicago Title | |
| Harva Robert J | -- | -- | |
| Lakeland Estates Mhp Llc | $475,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lakeland Estates Mhp Llc | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2019 10/16/19 | Sold | $445,000 | -19.1% | -- |
| 07/25/2019 07/25/19 | Pending | -- | -- | -- |
| 07/11/2019 07/11/19 | For Sale | $550,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $11,261 | $135,052 | $37,381 | $97,671 |
| 2023 | $10,614 | $122,775 | $33,983 | $88,792 |
| 2022 | $10,374 | $120,747 | $33,422 | $87,325 |
| 2021 | $10,786 | $114,997 | $31,830 | $83,167 |
| 2020 | $6,841 | $76,184 | $32,979 | $43,205 |
| 2019 | $6,729 | $73,530 | $31,830 | $41,700 |
| 2018 | $6,604 | $73,530 | $31,830 | $41,700 |
| 2017 | $4,529 | $50,280 | $23,880 | $26,400 |
| 2016 | $4,452 | $50,280 | $23,880 | $26,400 |
| 2015 | $4,482 | $50,280 | $23,880 | $26,400 |
| 2014 | $4,482 | $50,280 | $23,880 | $26,400 |
| 2013 | $4,482 | $50,280 | $23,880 | $26,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Fisher
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10448867
APN: 10-0-00030-000
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