NOT LISTED FOR SALE

237 N Welch St Hillsboro, IL 62049

Estimated Value: $169,716 - $220,000

-- Bed
-- Bath
-- Sq Ft
0.32 Acres

Last Sold January 23, 2019

Last sale price $156,000

Est. 26% increase in value since last sale

Current estimated payment $1,415/month

99 Days on Market

Highlights

  • Deck
  • Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2019

INCOME PROPERTY! This house was built in 2005 with efficiency in mind. Total concrete/foam block system from ground to roof. All finishing have been well done and maintained by the owners family. Home has advanced efficiency systems including passive solar windows and air exchange. A 3 unit building, upper and basement units are over 930 sq. ft and have 2 beds and 1.5 baths along with washer/dryers in each. Renters have had a fantastic history with Seller. Income from both of these units will allow you to live with minimal expense on the main level if you so choose. Main level has 1400 sq. ft/2 bed/2 bath with granite counter tops and stainless steel appliances. Chef's kitchen and pantry space! This unit will rent handsomely too. There is a additional 2 car oversize garage attached and a pole barn with two 16' bay doors, running water, electricity on a concrete floor. Great shop space!! Fantastic location very close to the downtown area and to the sports complex.

Last Agent to Sell the Property

Wayne Mollett

Seven Oaks Realty License #475145184 Listed on: 08/20/2018

Last Buyer's Agent

Wayne Mollett

Seven Oaks Realty License #475145184 Listed on: 08/20/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,197

Year Built

  • 2004

Lot Details

  • 0.32

Home Design

  • Triplex

Parking

  • Detached Garage
  • Additional Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 116 x 120
  • Basement

Listing and Financial Details

  • Tenant pays for electric, gas, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,197

Year Built

2004

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: North
  • Special Description: No Exemptions
  • Age: 14
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2004

Interior Features

  • Misc Features: Basement, Deck
  • Square Footage Unknown: Yes

Garage/Parking

  • Parking: 1-2 Car Detached Grg, Additional Parking, Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • School District: HILLSBORO DIST 3
  • Elementary School: HILLSBORO DIST 3
  • Middle School: HILLSBORO DIST 3
  • High School: Hillsboro Community High Schoo

Lot Info

  • Lot Dimensions: 116 x 120

Rental Info

  • Tenancy Type: None
  • Tenant Pays: Electric, Gas, Sewer, Water

Multi Family

  • Units: 3
  • Type Of Units: 3-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Jan 18, 2019
Sold by
Mikesell Ethan M
Bought by
Jones Jennifer Rose and Jones Cory Allen
Seller's Agent
Wayne Mollett
Seven Oaks Realty
Buyer's Agent
Wayne Mollett
Seven Oaks Realty
List Price
$180,000
Sold Price
$156,000
Premium/Discount to List
-$24,000
-13.33%
Current Estimated Value
$196,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,929
Avg. Annual Appreciation
2.35%
Original Mortgage
$153,174
Outstanding Balance
$136,807
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$45,194

Purchase Details

Closed on
Mar 11, 2010
Sold by
Holman Alan
Bought by
Shultz Andrea
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
Jones Jennifer Rose $156,000 Community Title
Shultz Andrea -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Jennifer Rose $8,227
Open Jones Jennifer Rose $21,364
Open Jones Jennifer Rose $153,174
Closed Shultz Andrea L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2019 01/23/19 Sold $156,000 -2.5% --
11/28/2018 11/28/18 Pending -- -- --
10/10/2018 10/10/18 Price Changed $160,000 -11.1% --
08/20/2018 08/20/18 For Sale $180,000 0.0% --
05/16/2017 05/16/17 Rented $625 0.0% --
03/24/2017 03/24/17 For Rent $625 -- --
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 $4,197 $56,380 $3,590 $52,790
2023 $4,001 $51,780 $3,300 $48,480
2022 $3,760 $48,470 $3,090 $45,380
2021 $3,549 $44,420 $2,830 $41,590
2020 $3,483 $43,470 $2,770 $40,700
2019 $3,901 $40,680 $2,590 $38,090
2018 $3,681 $37,200 $2,370 $34,830
2017 $3,418 $38,690 $2,460 $36,230
2016 $2,894 $40,240 $2,560 $37,680
2015 $3,582 $41,850 $2,660 $39,190
2013 $4,528 $53,430 $2,720 $50,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS18067304

MARIS MLS

APN: 16-01-331-001