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906 South Broadway

906 South Broadway, Salem, IL 62881
Property in Salem
906 South Broadway has been categorized by the local assessors in Salem, IL as a commercial type of property. The area measurement of the land has been determined as 10,890 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. 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, 906 South Broadway sold most recently in Jul 1, 2020 for a total of $60,000. 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 $1,247 in taxes each year. The initial year of tax delinquency occurred in 2022. 906 South Broadway was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $14,750. If we break it down further, the land itself was valued at $3,800. Improvements to the property, however, were assessed at a total of $10,950. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220225
02/25/2022
Loft
-
4468 ft²
$220,000
bedrooms
Loft
bathrooms
-
square feet
4468 ft²
-
-
-
Ryan Gambill
Midwest Farm & Land Co.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.25
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: PARCEL BOUNDED BY R R S WASHINGTON, BLAIR ST & HWY 37 PT NW NE

Ownership

  • Current Owner : MEADOWS WILLIAM Q
  • Current Owner 2: MEADOWS SHERRY L
  • Previous Owner : WILLIAMS ELIZABETH DAWN
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jul 17, 2023

Neighborhood

  • School District Name: Salem School District 111
  • Census Tract: 952100

Geography

  • District: 11
  • Parcel: 1114200005
  • Municipality: SALEM TOWNSHIP
  • Latitude: 38.6202
  • Longitude: -88.945

    Address

  • Full Address: 906 S Broadway Ave
  • Address - House Number: 906
  • Street Direction: S
  • Address - Street Name: Broadway
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Salem
  • Carrier Code: C003
  • 4-Digit Zip Code: 2363
  • Zip Code: 62881

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,247
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 11002

    Market Valuation

  • Market Total Value: $44,250
  • Market Land Value: $11,400
  • Market Improvement Value: $32,850

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,750
  • Assessed Land Value: $3,800
  • Assessed Improvements Value: $10,950

    Sales

  • Current Sale Contract Date: Jul 01, 2020
  • Current Sale Recording Date: Jul 07, 2020
  • Current Sale Transaction ID: 11774980082
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R02968

    Last Sale Mortgage

  • First Mortgage Lender: IUKA STATE BANK
  • First Mortgage Transaction Date: Jul 07, 2020
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

About Salem



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 906 South Broadway located in?
The 906 South Broadway is a located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 906 South Broadway?
The average sales price for units in 906 South Broadway is $0 currently.

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