305 Lakewood Drive

305 Lakewood Drive in Hillsboro, IL was first built in 1977 and is 47 years old. This has been categorized as a residential property type. 305 Lakewood Drive has 1,674 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 17,860 square feet.

Learn more about the property and building on this page. 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, 305 Lakewood Drive sold most recently in Apr 16, 2021 for a total of $195,000. If you work out the math, that's approximately a cost of $812.50 per sqft. Before that, the property was also sold for $190,000 in Feb 27, 2017. 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 $4,689 in taxes each year. 305 Lakewood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $56,680. If we break it down further, the land itself was valued at $9,420. Improvements to the property, however, were assessed at a total of $47,260. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.