NOT LISTED FOR SALE

1404 W Main St Salem, IL 62881

Estimated Value: $180,870

-- Bed
-- Bath
-- Sq Ft
0.44 Acres

Last Sold October 07, 2015

Last sale price $100,000

Est. 81% increase in value since last sale

Current estimated payment $1,401/month

160 Days on Market

About This Home

As of October 2015

Versatile building with varying utilization. Heavy traffic location on US 50/Main Street less than half mile from Interstate I-57 exit 116.Disclosure: Aerial available from courthouse records

Last Agent to Sell the Property

Jim Somer

SOMER REAL ESTATE License #471004184 Listed on: 04/30/2015

Last Buyer's Agent

Jim Somer

SOMER REAL ESTATE License #471004184 Listed on: 04/30/2015

Property Details

Property Type

  • Other

Year Built

  • Built in 1991

Lot Details

  • 0.44

Utilities

  • Central Air
  • Heating System Uses Gas

Property Details

Property Type

Other

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: RE Only
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl
  • Half Basement: No Basement
  • Total Sq Ft: 1330

Exterior Features

  • Exterior Finish: Wood Siding, Stucco, Brick
  • Roof Construction: Other Roof Construction
  • Construction: Framed On Site
  • Foundation: Slab

Garage/Parking

  • Numberparking Spaces Allocated: 40

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Gas
  • Water Supply: Municipal/City
  • Gas Company: Salem
  • Water Company: Salem
  • Electric: 200 Amp Box

Association/Amenities

  • Amenities: Wireless Internet

Lot Info

  • Estimated Number of Acres: 0.44
  • Estimated Land Size: 118.77x164.67 ex
  • Geo Subdivision: IL
  • Irregular Lot: No

Rental Info

  • Sale Lease Includes: Sale/Lease Other

Tax Info

  • Annual Taxes: 6624
  • Parcel Id Number Tax Id: 11-00-022-661
  • Tax Incentive: None
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2015
Closed on
Oct 2, 2015
Sold by
Wallace Elvan D and Wallace Carolyn
Bought by
Kaskaskia Valley Community Cu
Seller's Agent
Jim Somer
SOMER REAL ESTATE
Buyer's Agent
Jim Somer
SOMER REAL ESTATE
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%
Current Estimated Value
$180,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,870
Avg. Annual Appreciation
5.42%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Kaskaskia Valley Community Cu $100,000 Quad County Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2015 10/07/15 Sold $100,000 -16.7% --
10/07/2015 10/07/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $120,000 -- --
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 $5,356 $72,680 $29,210 $43,470
2023 $5,417 $68,420 $27,790 $40,630
2022 $5,259 $62,200 $25,260 $36,940
2021 $5,156 $58,130 $23,610 $34,520
2020 $5,093 $57,680 $23,430 $34,250
2019 $5,020 $55,570 $22,570 $33,000
2018 $5,032 $55,570 $22,570 $33,000
2017 $4,984 $54,480 $22,130 $32,350
2016 $4,909 $51,400 $20,880 $30,520
2015 $38 $41,670 $20,880 $20,790
2012 $65 $71,450 $20,470 $50,980
Source: Public Records

Agents Affiliated with this Home

  • Jim Somer

    Seller's Agent in 2015

    Jim Somer

    SOMER REAL ESTATE

    (618) 267-5123

    8 in this area

    41 Total Sales

    Jim Somer
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAEB333135

RMLS Alliance

APN: 1100022661

Illinois Marion County Salem 62881

1404 W Main St, Salem, IL

This home is located at 1404 W Main St, Salem, IL 62881 since 30 April 2015 and is currently estimated at $180,870. This property was built in 1991. 1404 W Main 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.

Nearby Homes