$15,000
SOLD AUG 6, 2025

1046 E Water St Hillsboro, IL 62049

2 Beds
1 Bath
720 Sq Ft
0.43 Acres

Recently Sold

$21 Per Sq Ft

57% Below List Price

140 Days on Market

Highlights

  • Wood Flooring
  • Accessible Approach with Ramp
  • 1-Story Property
  • Covered Patio or Porch
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of August 2025

HANDYMAN SPECIAL! Great potential on a nice large lot close to Central Park and the sports complex. Large front porch w/ newer front door leads you into the living/dining room combo with hardwood floors. Two bedrooms off of the main living area, kitchen towards the rear of the home along with an updated bathroom w/ walk in shower. Laundry is located on the main floor in the enclosed back porch area. Washer/dryer stackable stay with home. The mechanicals (HVAC & water heater) were replaced in 2021 along with basement insulation, blown-in insulation in attic, walls, and chimney tuck pointing. With some remodeling and elbow grease you can turn this house back into a home.

Last Agent to Sell the Property

Melissa Smith

MCR Realty Professionals, Inc License #475.175009 Listed on: 03/14/2025

Last Buyer's Agent

Tom Daugherty

Cisler & Associates Real Estate License #475.174152

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 60x206x60x205.5

Home Design

  • Bungalow
  • Wood Siding
  • Cedar

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Schools

  • Hillsboro Dist 3 Elementary And Middle School
  • Hillsboro Community High Schoo

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Accessible Approach with Ramp
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 16-01-388-016

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Cross Street: Larkin Street
  • Year Built: 1920
  • Accessibility Features: Accessible Approach with Ramp
  • Directions: Use GPS
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Adjoins Wooded Area
  • Lot Size Acres: 0.4261
  • Road Surface Type: Gravel
  • Co List Office Phone: 217-532-2525
  • MLS Status: Closed
  • Subdivision Name: Arneys Sub
  • Above Grade Finished Sq Ft: 720
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Reso Fireplace Features: None
  • Unit Levels: One
  • New Construction: No
  • MIS_RoomFlooring: Wood
  • MIS_AboveGradeFinishedAreaSrchSqFt: 720.00
  • MIS_RoomFlooring: Wood
  • MIS_RoomFlooring: Wood
  • MIS_RoomFlooring: Other
  • MIS_RoomFlooring: Vinyl
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_PoolYN: 0
  • MIS_UnitCount: 0
  • MIS_BelowGradeFinishedAreaSrchSqFt: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Interior Amenities: Dining/Living Room Combo, Shower
  • Appliances: Dryer, Washer, Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Main Level Bedrooms: 2
  • MIS_LowerLevelBathroomsFull: 0
  • MIS_LowerLevelBathroomsHalf: 0
  • MIS_LowerLevelBedrooms: 0
  • MIS_MainLevelBathroomsFull: 1
  • MIS_MainLevelBathroomsHalf: 0
  • MIS_UpperLevelBathroomsFull: 0
  • MIS_UpperLevelBathroomsHalf: 0
  • MIS_UpperLevelBedrooms: 0

Exterior Features

  • Waterfront: No
  • Disclosures: Unknown
  • Construction Type: Wood Siding, Cedar
  • Patio And Porch Features: Covered

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Schools

  • Elementary School: HILLSBORO DIST 3
  • Junior High Dist: HILLSBORO DIST 3
  • High School: Hillsboro Community High Schoo
  • Middle Or Junior School: HILLSBORO DIST 3

Lot Info

  • Lot Dimensions: 60X206X60X205.5
  • Lot Size Sq Ft: 18561
  • ResoLotSizeUnits: Acres
  • Parcel Number: 16-01-388-016

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Aug 6, 2025
Sold by
Watson Dustin G
Bought by
Rieffer Edward
Seller's Agent
Melissa Smith
MCR Realty Professionals, Inc
Buyer's Agent
Tom Daugherty
Cisler & Associates Real Estate
List Price
$35,000
Sold Price
$15,000
Premium/Discount to List
-$20,000
-57.14%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1192865.39%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $15,000 Spears Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Sold $15,000 -48.3% $21 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
04/15/2025 04/15/25 Price Changed $29,000 -17.1% $40 / Sq Ft
03/15/2025 03/15/25 For Sale $35,000 +133.3% $49 / Sq Ft
03/13/2025 03/13/25 Off Market $15,000 -- --
Source: MARIS MLS

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 -- $14,350 $2,450 $11,900
2023 -- $13,180 $2,250 $10,930
2022 $0 $12,340 $2,110 $10,230
2021 $0 $11,300 $1,930 $9,370
2020 $0 $11,060 $1,890 $9,170
2019 $0 $10,350 $1,770 $8,580
2018 $0 $9,470 $1,620 $7,850
2017 $0 $9,850 $1,680 $8,170
2016 $0 $10,250 $1,750 $8,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MARIS MLS

MLS Number: MIS25015144

MARIS MLS

APN: 16-01-388-016