NOT LISTED FOR SALE

821 Richmond Ave Mattoon, IL 61938

Estimated Value: $125,000 - $262,000

8 Beds
7 Baths
5,048 Sq Ft
$39/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $119,500 $24 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,404/month

191 Days on Market

About This Home

As of March 2018

Looking for a new investment? Don't pass up this 7 unit money maker! Property manager to stay if needed. All units are currently rented. Call today to set up your showing!

Last Agent to Sell the Property

Toby Ferris

Century 21 KIMA Properties License #471022427 Listed on: 08/17/2017

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

  • $3,946

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5,048 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Utilities

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

Community Details

  • 7 Units
  • Operating Expense $12,700

Listing and Financial Details

  • Assessor Parcel Number 07-1-03570-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,946

Lot Details

0

Listing Details

  • Directions: From Lincoln Ave Turn South on 6th St, Turn West on Richmond
  • Lot Size Acres: 0.16
  • Lot Size: 50 x 140
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Road Surface Type: Gravel
  • Building Stories: 2
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Multi Family
  • General Property Information Below Grade Unfinished Area: 728.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Unfinished, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • Waterfront: No
  • Foundation Details: Crawlspace

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric
  • 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: 7000.0
  • Parcel #: 07-1-03570-000
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 7
  • Annual Operating Expense: 12700.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3946.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Mar 23, 2018
Sold by
Henderson Sarina
Bought by
Washington Savings Bank
Seller's Agent
Toby Ferris
Century 21 KIMA Properties
Buyer's Agent
Trisha Bird
Coldwell Banker Classic Real Estate
List Price
$129,900
Sold Price
$119,500
Premium/Discount to List
-$10,400
-8.01%
Current Estimated Value
$195,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,126
Avg. Annual Appreciation
6.64%
Original Mortgage
$95,600
Outstanding Balance
$68,746
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$126,880

Purchase Details

Closed on
Oct 27, 2011
Sold by
Walker Clint D and Walker Candy E
Bought by
Henderson Sarina

Purchase Details

Closed on
Dec 12, 2005
Sold by
Rasmussen Royce A and Rasmussen Elizabeth A
Bought by
Walker Clint D and Walker Candy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Washington Savings Bank $119,500 --
Henderson Sarina $60,000 None Available
Walker Clint D $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Washington Savings Bank $95,600
Previous Owner Walker Clint D $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $119,500 -8.0% $24 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
08/22/2017 08/22/17 For Sale $129,900 -- $26 / 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 $4,446 $52,314 $2,893 $49,421
2023 $4,335 $49,031 $2,583 $46,448
2022 $4,217 $48,221 $2,540 $45,681
2021 $4,229 $44,292 $2,333 $41,959
2020 $4,183 $45,891 $2,417 $43,474
2019 $4,118 $44,292 $2,333 $41,959
2018 $4,046 $44,292 $2,333 $41,959
2017 $4,033 $44,292 $2,333 $41,959
2016 $3,949 $44,292 $2,333 $41,959
2015 $2,423 $27,492 $3,535 $23,957
2014 $2,423 $27,492 $3,535 $23,957
2013 $2,423 $27,492 $3,535 $23,957
Source: Public Records

Agents Affiliated with this Home

  • Toby Ferris

    Seller's Agent in 2018

    Toby Ferris

    Century 21 KIMA Properties

    (217) 246-8257

    161 in this area

    246 Total Sales

    Toby Ferris
    Section Image

  • T

    Buyer's Agent in 2018

    Trisha Bird

    Coldwell Banker Classic Real Estate

    (217) 273-4872

    47 in this area

    91 Total Sales

    Trisha Bird
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6174071

APN: 07-1-03570-000

Illinois Coles County Mattoon 61938

821 Richmond Ave, Mattoon, IL

Not Listed for Sale

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