207 East Hanover Street

207 East Hanover Street has been categorized by the local assessors in New Baden, IL as a commercial type of property. The building on the property was first built in 1945 and is 79 years old. The area measurement of the land has been determined as 2,614 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. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The property was last sold in May 6, 2021 for $110,000. That's $70.79 per sqft. Prior to that sales transaction, the property was also sold in Jan 3, 2014 for $45,000. 207 East Hanover Street was last assessed in 2022. The total value of the property was assessed at $40,000. Specifically, the land the property is located on was valued at $4,090. While improvements on the property were assessed at a total of $35,910. 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 $3,064. 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! 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.