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:

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Average Value
Not Available
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
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

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Map

Source: RMLS Alliance

MLS Number: RMAEB333135

RMLS Alliance

APN: 1100022661