NOT LISTED FOR SALE

508 Broadway Highland, IL 62249

Estimated Value: $236,287

-- Bed
-- Bath
3,220 Sq Ft
$73/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $172,500 $54 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,514/month

42 Days on Market

Highlights

  • Wheelchair Access
  • Laundry Facilities
  • High Speed Internet
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Conveniently located on Broadway, across from Michael's. Designated street parking out front, but plate window faces street.

Last Agent to Sell the Property

Diane Korte-Lindsey

Coldwell Banker Brown Realtors License #475087415 Listed on: 09/02/2020

Coldwell Banker Brown Realtors

Last Buyer's Agent

Latoya Lancaster

Keller Williams Marquee License #475182615

Keller Williams Marquee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,118

Year Built

  • Built in 1950

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Home Design

  • 3,220 Sq Ft Home
  • Quadruplex
  • Frame Construction

Parking

  • On-Street Parking
  • Off-Street Parking

Accessible Home Design

  • Wheelchair Access

Schools

  • Highland Dist 5 Elementary And Middle School
  • Highland School

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 01-2-24-05-06-101-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,118

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Cross Street: Chestnut
  • Special Description: No Exemptions
  • Age: 70
  • Ownership: Private
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: High Spd Connection, Laundry Facility in, Wheelchair Accessible Entry
  • Square Footage: 3220

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking: Off Street, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric, Individual Units
  • Heating: Forced Air, Individual Furnaces

Schools

  • School District: Highland DIST 5
  • Elementary School: HIGHLAND DIST 5
  • Middle School: HIGHLAND DIST 5
  • High School: Highland
  • Elementary School: HIGHLAND DIST 5
  • Junior High School: HIGHLAND DIST 5
  • School District: Highland DIST 5
  • Senior High School: Highland

Lot Info

  • Lot Dimensions: 50 x 140
  • Lot Sq Ft: 7013
  • Acres: 0.1610

Rental Info

  • Tenancy Type: Month To Month
  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 24300.00
  • Units: 4
  • Total Expenses: 5274.00
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 2816
  • Assessor Parcel Number: 01-2-24-05-06-101-028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 15, 2020
Sold by
Metalko Kathryn J
Bought by
Asymptote Group Llc
Seller's Agent
Diane Korte-Lindsey
Coldwell Banker Brown Realtors
Buyer's Agent
Latoya Lancaster
Keller Williams Marquee
List Price
$195,000
Sold Price
$172,500
Premium/Discount to List
-$22,500
-11.54%
Total Days on Market
42
Current Estimated Value
$236,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,787
Avg. Annual Appreciation
7.03%
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
Asymptote Group Llc $172,500 Community Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2025 05/10/25 Off Market $760 -- --
04/19/2025 04/19/25 For Rent $760 0.0% --
10/15/2020 10/15/20 Sold $172,500 -11.5% $54 / Sq Ft
09/02/2020 09/02/20 For Sale $195,000 -- $61 / Sq Ft
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
2023 $3,118 $40,880 $11,100 $29,780
2022 $3,118 $37,740 $10,250 $27,490
2021 $2,889 $35,610 $9,670 $25,940
2020 $2,853 $34,510 $9,370 $25,140
2019 $2,816 $34,030 $9,240 $24,790
2018 $2,803 $32,100 $8,720 $23,380
2017 $2,772 $31,290 $8,500 $22,790
2016 $2,715 $31,290 $8,500 $22,790
2015 $2,646 $31,380 $8,520 $22,860
2014 $2,646 $31,380 $8,520 $22,860
2013 $2,646 $31,380 $8,520 $22,860
Source: Public Records

Agents Affiliated with this Home

  • Diane Korte-Lindsey

    Seller's Agent in 2020

    Diane Korte-Lindsey

    Coldwell Banker Brown Realtors

    (618) 973-8645

    63 in this area

    125 Total Sales

    Diane Korte-Lindsey
    Section Image
  • Latoya Lancaster

    Buyer's Agent in 2020

    Latoya Lancaster

    Keller Williams Marquee

    (618) 698-0404

    2 in this area

    151 Total Sales

    Latoya Lancaster
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS20064431

MARIS MLS

APN: 01-2-24-05-06-101-028

Illinois Madison County Highland 62249

508 Broadway, Highland, IL

This home is located at 508 Broadway, Highland, IL 62249 since 02 September 2020 and is currently estimated at $236,287, approximately $73 per square foot. This property was built in 1950. 508 Broadway is a home located in Madison County with nearby schools including Highland High School and St Paul Catholic School.

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