1107 North Broadway Street
1107 North Broadway Street, Shelbyville, IL 62565
Property
in
Shelbyville
Sold Aug 24, 2020
$90,000
Buyer
$92,843
by First Fed'l Svgs & Ln Assn
Mortgage Due Sep 01, 2035
Sold May 26, 2011
$67,000
Buyer
Seller
1107 North Broadway Street has been categorized by the local assessors in Shelbyville, IL as a residential type of property.
The building on the property was first built in 2005 and is 19 years old.
The home has a total of 2 bedrooms.
Residents will have access to one full bathroom.
There is one partial bathroom in the home.
In addition, 1107 North Broadway Street has 1,120 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The linear feet between the front and back of the lot is 1,780 ft and across the front of the lot is 660 ft.
The area measurement of the land has been determined as 11,748 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Aug 21, 2020 for $90,000. That's $80.36 per sqft. Prior to that sales transaction, the property was also sold in May 26, 2011 for $67,000. 1107 North Broadway Street was last assessed in 2022. The total value of the property was assessed at $36,497. Specifically, the land the property is located on was valued at $7,064. While improvements on the property were assessed at a total of $29,433. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,537. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Aug 21, 2020 for $90,000. That's $80.36 per sqft. Prior to that sales transaction, the property was also sold in May 26, 2011 for $67,000. 1107 North Broadway Street was last assessed in 2022. The total value of the property was assessed at $36,497. Specifically, the land the property is located on was valued at $7,064. While improvements on the property were assessed at a total of $29,433. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,537. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.