NOT LISTED FOR SALE

708 Lafayette Ave Mattoon, IL 61938

Estimated Value: $85,793 - $130,000

3 Beds
2 Baths
-- Sq Ft
7,000 Sq Ft Lot

Last Sold June 27, 2023

Last sale price $75,500

Est. 45% increase in value since last sale

Current estimated payment $746/month

364 Days on Market

About This Home

As of June 2023

This is a great investment property and priced to sell. Each unit has an open floor plan and both currently rented. Call today to schedule your showing.

Last Agent to Sell the Property

Cory Sanders

Sanders & Company License #471003576 Listed on: 05/26/2022

Last Buyer's Agent

Mandy Vergara

Whitten Real Estate Agency License #471021059

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1886

Lot Details

  • 7,000

Home Design

  • Duplex
  • Bungalow
  • Shingle Roof

Utilities

  • Central Air
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • 7,000 Sq Ft Lot

Community Details

  • 2 Units
  • Operating Expense $200

Listing and Financial Details

  • Assessor Parcel Number 07-1-04785-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,792

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Lot Size Acres: 0.16
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1886
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: None
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Water Source: Public
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Mattoon Dist. 2

Lot Info

  • Lot Size Sq Ft: 7000.0
  • Parcel #: 07-1-04785-000
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 200.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1792.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jun 27, 2023
Sold by
Land Trust
Bought by
Waddell James R
Seller's Agent
Cory Sanders
Sanders & Company
Buyer's Agent
Mandy Vergara
Whitten Real Estate Agency
List Price
$79,900
Sold Price
$75,500
Premium/Discount to List
-$4,400
-5.51%
Views
2
Current Estimated Value
$109,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,198
Avg. Annual Appreciation
16.77%
Original Mortgage
$60,400
Outstanding Balance
$36,608
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$73,090

Purchase Details

Closed on
Jan 26, 2010
Sold by
Willoughby Richard S
Bought by
First Mid Illinois Bank & Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Waddell James R $75,500 None Listed On Document
First Mid Illinois Bank & Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waddell James R $60,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2023 06/27/23 Sold $75,500 -5.5% --
05/26/2023 05/26/23 Pending -- -- --
05/26/2022 05/26/22 For Sale $79,900 -- --
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 $1,999 $23,517 $3,183 $20,334
2023 $1,857 $20,997 $2,842 $18,155
2022 $1,806 $20,650 $2,795 $17,855
2021 $1,811 $18,967 $3,262 $15,705
2020 $1,792 $19,652 $3,380 $16,272
2019 $1,763 $18,967 $3,262 $15,705
2018 $1,734 $18,967 $3,262 $15,705
2017 $1,728 $18,967 $3,262 $15,705
2016 $1,693 $18,967 $3,262 $15,705
2015 $1,580 $18,967 $3,262 $15,705
2014 $1,580 $18,967 $3,262 $15,705
2013 $1,580 $18,967 $3,262 $15,705
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cory Sanders

    Sanders & Company

    (217) 235-4848

    58 in this area

    148 Total Sales

    Cory Sanders
    Section Image

  • M

    Buyer's Agent in 2023

    Mandy Vergara

    Whitten Real Estate Agency

    (217) 821-0300

    3 in this area

    112 Total Sales

    Mandy Vergara
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6221084

APN: 07-1-04785-000

Illinois Coles County Mattoon 61938

708 Lafayette Ave, Mattoon, IL

Not Listed for Sale

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