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204 West Fairground Avenue

204 West Fairground Avenue, Hillsboro, IL 62049
Property in Hillsboro
Sold Mar 02, 2020
$53,000
$53,535 by First Mid Illinois Bk & Tr Na
Mortgage
Sold Jun 23, 2016
$46,500
$36,500 by First National Bank & Trust Co
Mortgage Due Jul 01, 2031
Local assessors in Hillsboro, IL have categorized 204 West Fairground Avenue as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 7,213 square feet. If we look only at the heated or air conditioned part of the building, then 204 West Fairground Avenue has a total of 400 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 204 West Fairground Avenue sold most recently in Feb 28, 2020 for a total of $53,000. If you work out the math, that's approximately a cost of $132.50 per sqft. Before that, the property was also sold for $46,500 in Jun 22, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,272 in taxes each year. 204 West Fairground Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,370. If we break it down further, the land itself was valued at $4,020. Improvements to the property, however, were assessed at a total of $16,350. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,213
  • Total Building Area: 400
  • Gross Building Area: 400
  • Building Area: 400
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: A FISH ADD
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 4 BLK 1 A E FISH ADD 8-4-1811 S T00 R

Ownership

  • Current Owner : SMITH TRACIE L
  • Previous Owner : BENNETT DAVID L
  • Previous Owner 2: BENNETT JULIE A
  • Owner Before Previous Owner: HUBER SETH
  • Owner Before Previous Owner 2: HUBER JESSIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hillsboro Community Unit School District 3
  • Census Tract: 957900

Geography

  • District: 8
  • Parcel: 16-11-427-007
  • Block: 1
  • Lot: 4
  • Municipality: HILLSBORO
  • Latitude: 39.1514
  • Longitude: -89.4942

    Address

  • Full Address: 204 W Fairground Ave
  • Address - House Number: 204
  • Street Direction: W
  • Address - Street Name: Fairground
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Hillsboro
  • Carrier Code: C004
  • 4-Digit Zip Code: 1743
  • Zip Code: 62049

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,272
  • Tax Rate Code Area: 08003

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 52,959
  • High Value: 60,129
  • Low Value: 45,788

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $53,535
  • First Open Lien Mortgage Lender: FIRST MID ILLINOIS BK & TR NA
  • First Open Lien Mortgage Recording Date: Mar 02, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $53,535
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $61,110
  • Market Land Value: $12,060
  • Market Improvement Value: $49,050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,370
  • Assessed Land Value: $4,020
  • Assessed Improvements Value: $16,350

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Mar 02, 2020
  • Current Sale Transaction ID: 11748302341
  • Current Sale Price: $53,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000746
  • Previous Sale Recording Date: Jun 23, 2016
  • Previous Sale Contract Date: Jun 22, 2016
  • Previous Sale Amount: $46,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MID ILLINOIS BK & TR NA
  • First Mortgage Transaction Date: Mar 02, 2020
  • First Mortgage Loan Amount: $53,535
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jun 23, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $36,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2031

About Hillsboro



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Frequently Asked Questions

What neighborhood is 204 West Fairground Avenue located in?
The 204 West Fairground Avenue is a located in the neighborhood of Hillsboro in Hillsboro, Hillsboro.
What is the average sales price for listings in 204 West Fairground Avenue?
The average sales price for units in 204 West Fairground Avenue is $0 currently.

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