NOT LISTED FOR SALE

1162 N Franklin St Salem, IL 62881

Estimated Value: $139,000 - $161,000

3 Beds
1.5 Baths
1,209 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $138,000 $114 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $966/month

6 Days on Market

Highlights

  • Deck
  • No HOA
  • 1 Car Attached Garage
  • Ranch Style House
  • Porch
  • Forced Air Heating System

About This Home

As of August 2024

Nestled in a quiet neighborhood, this charming 3-bedroom, 1.5-bathroom home offers comfortable living with a cozy ambiance. The highlight is its large, park-like backyard with a deck, perfect for outdoor gatherings. The kitchen opens to a dining area, ideal for family meals. Bedrooms are comfortably sized, providing adequate space, and bathrooms are conveniently appointed. Situated near a park and schools, this home offers easy access to recreational activities and educational opportunities. Whether relaxing in the serene backyard or hosting friends on the deck, this property provides a peaceful retreat while being close to essential amenities.

Last Agent to Sell the Property

Jacklynn Ice

Equity Realty Group Brokerage Phone: 618-473-2500 License #475173038 Listed on: 06/19/2024

Co-Listed By

Melissa Jarrell

Equity Realty Group Brokerage Phone: 618-473-2500 License #475204551

Last Buyer's Agent

DeeAnn Arey

Midwest Farm & Land Co. LLC License #475199304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 90x197x100x207
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,209 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Hawthorn Elementary School
  • Franklin Middle School
  • Salem Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 1100019425

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,142

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 114.14
  • Attribution Contact: Phone: 618-473-2500
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Living Area: 1209
  • KitchenDining: Dining Informal,Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public Sewer, Public
  • NumberOfGarageRemotes: 0
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Hawthorn
  • High School: Salem Community High School
  • Middle Or Junior School: Franklin

Lot Info

  • Lot Size: 90x197x100x207
  • Parcel #: 1100019425

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2142.44
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 27, 2024
Sold by
Mousseau Anthony D and Mousseau Savannah
Bought by
Hammack Alexandria R and Saeger Glen Henry
Seller's Agent
Jacklynn Ice
Equity Realty Group
Buyer's Agent
DeeAnn Arey
Midwest Farm & Land Co. LLC
List Price
$142,000
Sold Price
$138,000
Premium/Discount to List
-$4,000
-2.82%
Views
12
Current Estimated Value
$148,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,235
Avg. Annual Appreciation
6.60%
Original Mortgage
$131,100
Outstanding Balance
$129,601
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$18,634

Purchase Details

Listed on
Apr 26, 2019
Closed on
Aug 23, 2019
Sold by
Decker Ryan S and Decker Tiffany M
Bought by
Mousseau Anthony D
Seller's Agent
Jacklynn Ice
Equity Realty Group
Buyer's Agent
Jacklynn Ice
Equity Realty Group
List Price
$99,500
Sold Price
$92,000
Premium/Discount to List
-$7,500
-7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$96,024
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hammack Alexandria R $138,000 None Listed On Document
Mousseau Anthony D $92,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammack Alexandria R $131,100
Previous Owner Mousseau Anthony D $96,024
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2024 08/29/24 Sold $138,000 -2.8% $114 / Sq Ft
06/19/2024 06/19/24 For Sale $142,000 +54.3% $117 / Sq Ft
08/30/2019 08/30/19 Sold $92,000 -7.5% $76 / Sq Ft View Prior Sale
07/06/2019 07/06/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $99,500 -- $82 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,165 $35,380 $8,950 $26,430
2023 $2,142 $33,060 $8,360 $24,700
2022 $2,033 $30,050 $7,600 $22,450
2021 $1,959 $28,080 $7,100 $20,980
2020 $1,931 $27,870 $7,050 $20,820
2019 $1,883 $26,850 $6,790 $20,060
2018 $1,888 $26,850 $6,790 $20,060
2017 $1,866 $26,400 $6,660 $19,740
2016 $1,818 $24,900 $6,280 $18,620
2015 $17 $24,900 $6,280 $18,620
2012 $17 $24,420 $6,160 $18,260
Source: Public Records

Agents Affiliated with this Home

  • Jacklynn Ice

    Seller's Agent in 2024

    Jacklynn Ice

    Equity Realty Group

    (618) 367-0703

    31 in this area

    57 Total Sales

    Jacklynn Ice
    Section Image
  • Melissa Jarrell

    Seller Co-Listing Agent in 2024

    Melissa Jarrell

    Equity Realty Group

    (618) 927-6342

    29 in this area

    72 Total Sales

    Melissa Jarrell
    Section Image
  • DeeAnn Arey

    Buyer's Agent in 2024

    DeeAnn Arey

    Midwest Farm & Land Co. LLC

    (303) 646-7867

    15 in this area

    181 Total Sales

    DeeAnn Arey
    Section Image
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Map

Source: RMLS Alliance

MLS Number: EB453915

RMLS Alliance

APN: 1100019425

Illinois Marion County Salem 62881

1162 N Franklin St, Salem, IL

This home is located at 1162 N Franklin St, Salem, IL 62881 since 19 June 2024 and is currently estimated at $148,235, approximately $122 per square foot. This property was built in 1964. 1162 N Franklin St is a home located in Marion County with nearby schools including Franklin Park Middle School, Hawthorn Elementary School, and Salem Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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