$159,000

1201 N Franklin St Salem, IL 62881

Estimated payment $1,032/month

Total Views 22,079
3 Beds
2 Baths
1,255 Sq Ft
$127 Price per Sq Ft

About This Home

Welcome to this delightful 3-bedroom, 2-bathroom cottage-style home, brimming with original charm and timeless appeal. As you step inside, you’ll immediately appreciate the warmth of the original hardwood flooring that flows throughout the home, adding character and charm to every room. The functional kitchen is perfect for everyday cooking, while the large windows throughout the home invite natural light to fill the space, creating a bright and airy atmosphere. The spacious yard provides ample room for outdoor activities, gardening, or simply relaxing in the peaceful surroundings. Located in a convenient neighborhood, this home is just a short walk away from Bryan Park, the community pool, schools, and nearby hospitals, offering unmatched convenience. The tranquil area is frequented by local wildlife, making it a perfect retreat for nature lovers. This charming home is priced to sell and won’t last long. Schedule a showing today and make this peaceful, well-located
cottage yours before it’s gone!

Listing Agent

Siretha Howe

Midwest Farm & Land Co Listed on: 03/07/2025

Listing Provided By

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,822

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,822

Lot Details

0

Listing Details

  • Bedrooms: Beds: 3
  • BathsCombined: 2
  • Office Phone: 618-367-0535
  • Listing Website: https://www.land.com/property/1201-n-franklin-street-salem-illinois-62881/22822831/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 2

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,822 $30,730 $8,050 $22,680
2023 $1,799 $28,720 $7,520 $21,200
2022 $1,700 $26,110 $6,840 $19,270
2021 $1,632 $24,400 $6,390 $18,010
2020 $1,608 $24,210 $6,340 $17,870
2019 $1,566 $23,330 $6,110 $17,220
2018 $1,569 $23,330 $6,110 $17,220
2017 $1,433 $21,660 $5,990 $15,670
2016 $1,391 $20,430 $5,650 $14,780
2015 $13 $20,430 $5,650 $14,780
2012 $13 $20,020 $5,530 $14,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Pending -- -- --
04/24/2025 04/24/25 Price Changed $159,000 -2.2% $127 / Sq Ft
03/03/2025 03/03/25 For Sale $162,500 +51.2% $129 / Sq Ft
05/15/2019 05/15/19 Sold $107,500 -6.5% $88 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
09/24/2018 09/24/18 For Sale $115,000 +9.5% $94 / Sq Ft
12/04/2013 12/04/13 Sold $105,000 -10.6% $86 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $117,500 -- $96 / Sq Ft

Purchase History

Date Type Sale Price Title Company
Warranty Deed $107,500 None Available
Warranty Deed $37,500 None Available
Warranty Deed $514,500 None Available
Warranty Deed $22,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,552 FHA
Previous Owner $70,000 Purchase Money Mortgage
Source: Public Records

Similar Homes in Salem, IL

  • 1201 N Franklin St, Salem, IL 62881

    $159,000

    • 3 Beds
    • 2 Baths
    • 1,255 Sq Ft
    • 1201 N Franklin St
    • Salem, IL

    Welcome to this delightful 3-bedroom, 2-bathroom cottage-style home, brimming with original charm and timeless appeal. As you step inside, you'll immediately appreciate the warmth of the original hardwood flooring that flows throughout the home, adding character and charm to every room. The functional kitchen is perfect for everyday cooking, while the large windows throughout the home invite

    Siretha Howe Midwest Farm & Land Co. LLC

    Section Image
  • 620 W Allmon St, Salem, IL 62881

    $165,000

    • 3 Beds
    • 2 Baths
    • 1,561 Sq Ft
    • 620 W Allmon St
    • Salem, IL

    This well-maintained 3-bedroom, 2-bath home is located in a quiet, desirable neighborhood. Featuring an open-concept living, dining, and kitchen area, the home offers a spacious and functional layout. Flooring, cabinetry, and the roof were all updated about five years ago, providing comfort and reliability. The kitchen offers plenty of storage and workspace, and both bathrooms have been refreshed

    Jacklynn Ice Equity Realty Group

    Section Image
  • 732 W Lovell St, Salem, IL 62881

    $155,000

    • 3 Beds
    • 1.5 Baths
    • 1,419 Sq Ft
    • 732 W Lovell St
    • Salem, IL

    This beautiful home is centrally located, in the heart of Salem. The well maintained yard and landscaping offer a warm invitation to the front door. Once inside you will feel at home with a comfortable living area, updated Kitchen appliances, newer A/C unit, and beautiful flooring. Out the back sliding glass door, you will find a spacious fenced in back yard with plenty of room for entertaining

    Brandon Swartzlander

    Section Image
  • 1409 Rig St, Salem, IL 62881

    $148,000

    • 3 Beds
    • 1 Bath
    • 1,326 Sq Ft
    • 1409 Rig St
    • Salem, IL

    Charming 3-bedroom, 1-bath home situated on a desirable corner lot with an oversized backyard perfect for outdoor living and entertaining. Enjoy relaxing evenings on the spacious side patio complete with a pergola offering shade and comfort. Inside, the home is move-in ready with all appliances included, making your transition seamless and stress-free. Conveniently located near parks and schools,

    Cindy Quinn-Wood QUINN REALTY AND PROPERTY MANAGEMENT GROUP

    Section Image
  • 506 N Broadway Ave, Salem, IL 62881

    $122,000

    • 5 Beds
    • 1 Bath
    • 3,022 Sq Ft
    • 506 N Broadway Ave
    • Salem, IL

    Investor’s Opportunity – Income-Producing Property with Endless Potential! This unique property has been partially converted into a duplex, with the upstairs unit currently rented for $1,050/month. The lower level has been walled off and partially gutted, providing a blank canvas for your vision. Whether you're looking for an income-generating investment or a chance to restore and customize your

    Siretha Howe Midwest Farm & Land Co. LLC

    Section Image
  • 326 N Indiana Ave, Salem, IL 62881

    $154,000

    • 4 Beds
    • 1 Bath
    • 1,297 Sq Ft
    • 326 N Indiana Ave
    • Salem, IL

    Welcome to 326 N Indiana Street, Salem, IL – Where Charm Meets Comfort! Fall in love with this beautifully remodeled 4-bedroom, 1-bath home nestled in one of Salem’s most sought-after neighborhoods. From the moment you step inside, you’ll feel at home with the warm, inviting feel and flood of natural light throughout the space. This low-maintenance home sits on a solid concrete slab foundation

    Siretha Howe Midwest Farm & Land Co. LLC

    Section Image
  • 518 Roddy Rd, Salem, IL 62881

    $155,000

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft
    • 518 Roddy Rd
    • Salem, IL

    Freshly painted interior, open kitchen, dining and living room along with an island/bar await for company or a quiet evening at home. Just bring your snacks and grill and this home is perfect! Deck has been stained so you can relax. Kitchen appliances are included. Great location in Salem down the road from coffee, pizza and more! Call to set up an appointment to check it out for yourself.

    Stacey Russell SOMER REAL ESTATE

    Section Image
  • 303 N Indiana Ave, Salem, IL 62881

    $179,500

    • 2 Beds
    • 2 Baths
    • 1,840 Sq Ft
    • 303 N Indiana Ave
    • Salem, IL

    You will love the captivating charm of this home and on one of Salem's most desired streets. This bungalow style home offers over 1600 sq ft of living space with many updates including a new metal roof and gutters added in 2021. High Efficiency Rheem Central Air unit/10 yr manufacture warranty installed 2025. The main level offers beautiful hard wood floors throughout the family and dining rooms

    CARLA SMITH SOMER REAL ESTATE

    Section Image
  • 317 Northwood Ln, Salem, IL 62881

    $165,000

    • 3 Beds
    • 2 Baths
    • 1,532 Sq Ft
    • 317 Northwood Ln
    • Salem, IL

    This is an updated open concept 3-bedroom, 2-bath home located in the McNeill Acres subdivision. Built in 1978 and offering approximately 1,532 square feet of living space, this home combines comfort, functionality, and a prime location. The main living area features a spacious and inviting living area with a flowing layout into the dining space and kitchen making it ideal for everyday living and

    Anna Lange SOMER REAL ESTATE

    Section Image