NOT LISTED FOR SALE

308 S Broad St Hillsboro, IL 62049

Estimated Value: $123,000 - $167,000

Studio
-- Bath
924 Sq Ft
$150/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2023

Last sale price $110,000 $119 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $898 / mo

Highlights

  • Forced Air Heating and Cooling System
  • Senior Freeze Tax Exemptions
  • 2-minute walk to Hillsboro Square

About This Home

As of January 2023

ONE TIME SHOWING FOR COMP PURPOSES.

Last Agent to Sell the Property

Jennifer Dunn

Century 21 Reid Baugher Realty License #471.014825 Listed on: 01/10/2023

Century 21 Reid Baugher Realty

Last Buyer's Agent

Jennifer Dunn

Century 21 Reid Baugher Realty License #471.014825 Listed on: 01/10/2023

Century 21 Reid Baugher Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 66 x 66

Home Design

  • 924 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Schools

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

Utilities

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

Listing and Financial Details

  • Senior Freeze Tax Exemptions
  • Assessor Parcel Number 16-02-496-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

3,964 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: Homestead Senior, Senior Freeze, Owner Occupied
  • Age: 98
  • Ownership: Private
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 924

Exterior Features

  • Construction: Brick Veneer Predom

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 66 x 66

Tax Info

  • Taxes Paid: 964
  • Assessor Parcel Number: 16-02-496-005

Multi Family

  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Jan 9, 2023
Sold by
Scherer Robert D
Bought by
White Julie M
Seller's Agent
Jennifer Dunn
Century 21 Reid Baugher Realty
Buyer's Agent
Jennifer Dunn
Century 21 Reid Baugher Realty
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$138,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,787
Avg. Annual Appreciation
7.37%
Original Mortgage
$88,000
Outstanding Balance
$85,694
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$53,093

Purchase Details

Listed on
Jul 14, 2014
Closed on
Feb 6, 2015
Sold by
Armbruster Richard Charles
Bought by
Scherer Robert D
Seller's Agent
Jennifer Dunn
Century 21 Reid Baugher Realty
Buyer's Agent
Jennifer Dunn
Century 21 Reid Baugher Realty
List Price
$72,000
Sold Price
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$50,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2014
Sold by
Armbruster Richard Charles and Armbruster Susan K
Bought by
Armbruster Richard Charles
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
White Julie M $110,000 Spears Title
Scherer Robert D $72,000 --
Armbruster Richard Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Julie M $88,000
Previous Owner Scherer Robert D $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2023 01/10/23 Sold $110,000 0.0% $119 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $110,000 +52.8% $119 / Sq Ft
02/06/2015 02/06/15 Sold $72,000 0.0% $38 / Sq Ft View Prior Sale
02/06/2015 02/06/15 For Sale $72,000 -- $38 / Sq Ft
Source: MARIS MLS

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 $2,003 $30,040 $4,670 $25,370
2023 $2,411 $27,590 $4,290 $23,300
2022 $924 $25,830 $4,020 $21,810
2021 $964 $23,670 $3,680 $19,990
2020 $970 $23,160 $3,600 $19,560
2019 $1,001 $21,680 $3,370 $18,310
2018 $873 $19,820 $3,080 $16,740
2017 $1,006 $20,610 $3,200 $17,410
2016 $1,033 $21,440 $3,330 $18,110
2015 $987 $22,300 $3,460 $18,840
2013 $928 $9,720 $3,390 $6,330
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Dunn

    Seller's Agent in 2023

    Jennifer Dunn

    Century 21 Reid Baugher Realty

    (217) 532-2888

    68 in this area

    134 Total Sales

    Jennifer Dunn
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Map

Source: MARIS MLS

MLS Number: MIS23001449

MARIS MLS

APN: 16-02-496-005

Illinois Montgomery County Hillsboro 62049

308 S Broad St, Hillsboro, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MARIS MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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