NOT LISTED FOR SALE

520 Wabash Ave Unit 8 Mattoon, IL 61938

Estimated Value: $54,000 - $74,000

2 Beds
1 Bath
750 Sq Ft
1949 Built

Last Sold January 17, 2017

Last sale price $39,500 $53 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $341/month

3 Days on Market

Highlights

  • Window Unit Cooling System
  • Replacement Windows
  • 3-minute walk to Mattoon Peterson Park
  • Hot Water Heating System

About This Home

As of January 2017

2nd Floor 2 bedroom, 1 Bath Condo in sought after Lumpkin Heights neighborhood. Completely remodeled and move in ready. Perfect starter home. Enjoy the privacy of the tree lined neighborhood walking distance from Peterson Park and nearby the mall and several restaurants. Updates include Replacement windows in 2013 as well as new cabinets, counter tops, and flooring in kitchen in 2013. Laminate Flooring in living and dining room in 2008. New Electrical wiring and 3 ceiling fans in 2007. Condo offers 1 dedicated parking space off alley. Dedicated hookups for washer and dryer in basement laundry room as well as a 6x8 storage space in basement and ample closets in unit. Owner occupied or rental option. $175 Monthly maintenance fee includes Heat, Water, Trash, Lawn, and Snow Removal.

Last Agent to Sell the Property

Janice Moritz

Century 21 KIMA Properties License #475128989 Listed on: 12/02/2016

Century 21 KIMA Properties

Last Buyer's Agent

Doris Reynolds

Century 21 KIMA Properties License #475135333

Century 21 KIMA Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $338

Year Built

  • Built in 1949

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 07-1-04745-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$338

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 750.0
  • Directions: From Charleston Ave, South on 6th, East on Wabash
  • Lot Size: irr.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: None
  • Building Stories: 1
  • Year Built: 1949
  • Architectural Style: Other
  • Unit Levels: One
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Microwave, Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Stories: 1
  • Window Features: Replacement Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick
  • Roof: Shingle
  • Waterfront: No

Utilities

  • Cooling: Window Unit(s)
  • Heating: Hot Water
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Mattoon Dist. 2

Lot Info

  • Parcel #: 07-1-04745-000
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 338.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Jan 17, 2017
Sold by
Rakestraw John Charles and Rakestraw Angela Lynn
Bought by
Moliere John
Seller's Agent
Janice Moritz
Century 21 KIMA Properties
Buyer's Agent
Doris Reynolds
Century 21 KIMA Properties
List Price
$39,500
Sold Price
$39,500
Total Days on Market
3
Current Estimated Value
$61,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,655
Avg. Annual Appreciation
4.99%
Original Mortgage
$19,500
Outstanding Balance
$8,859
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$50,649

Purchase Details

Closed on
Jul 14, 2010
Sold by
Lue Derrick Donald Lester and Lue Derrick Emma
Bought by
Derrick Charles Lee

Purchase Details

Closed on
Aug 27, 2007
Sold by
Baker Bernice M
Bought by
Lue Derrick Donald Lester and Lue Derrick Emma
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
Moliere John $38,500 --
Derrick Charles Lee -- None Available
Lue Derrick Donald Lester $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moliere John $19,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2017 01/17/17 Sold $39,500 0.0% $53 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
12/02/2016 12/02/16 For Sale $39,500 +3.9% $53 / Sq Ft
08/01/2016 08/01/16 Sold $38,000 -3.8% $51 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $39,500 -- $53 / 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 $0 $10,328 $2,480 $7,848
2023 $0 $9,221 $2,214 $7,007
2022 $0 $9,068 $2,177 $6,891
2021 $0 $8,330 $2,000 $6,330
2020 $0 $8,631 $2,072 $6,559
2019 $758 $8,330 $2,000 $6,330
2018 $1 $8,330 $2,000 $6,330
2017 $759 $8,330 $2,000 $6,330
2016 $318 $8,330 $2,000 $6,330
2015 $1 $8,330 $2,000 $6,330
2014 $1 $8,330 $2,000 $6,330
2013 $1 $8,330 $2,000 $6,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6165082

APN: 07-1-04745-000