NOT LISTED FOR SALE

1514 Salem Rd Mount Vernon, IL 62864

Estimated Value: $104,000 - $125,000

2 Beds
1 Bath
1,340 Sq Ft
$84/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $82,400 $61 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $730/month

About This Home

As of June 2021

This is a nice, all-brick home on the north side. It is in a very convenient location close to town with a very large back yard. The property is just over 1/2 an acre. This is a great home for a first-time home buyer or as an investment property. Inside you will find original hardwood flooring with a spacious living room, dining room, and kitchen. The garage space can easily be turned back into a garage. This home has both hot water boiler and forced air gas heat. New HVAC to upgrade from older system. The furnace is in the attic. They do both work. Take a look today. This home won't be on the market for long! (Agent interest in the property.)

Last Agent to Sell the Property

ROBIN S. GELFIUS

Robin S. Gelfius License #471020023 Listed on: 04/01/2021

Co-Listed By

ALLISON MARTYCHENKO

RE/MAX Realty Central License #n/a

Last Buyer's Agent

Daniel Harshbarger

KELLER WILLIAMS PINNACLE License #471020918

KELLER WILLIAMS PINNACLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,904

Year Built

  • Built in 1949

Lot Details

  • 0.53

Home Design

  • Ranch Style House

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan
  • Storage In Attic
  • Oven or Range

Schools

  • Mt Vernon Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,904

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: PT N1/2 NW SE
  • Lvt Date: 04/03/2021
  • Year Built: 1949
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range/Oven
  • Interior Amenities: Attic Storage, Ceiling Fan
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 14.7x9.8, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Crawl Space
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11.1x10.7, On Level: Main, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Informal Dining Room: Dimensions: 11.8x9.2, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 11.8x11.6, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining Informal
  • Laundry: Dimensions: 10.8x6.7, On Level: Main, Flooring: Other
  • Living Room: Dimensions: 19.5x11.3, On Level: Main, Flooring: Hardwood
  • Additional Room 1: Dimensions: 20.6x11.8, On Level: Main, Flooring: Other
  • Price Per Sq Ft: 61.49
  • Finished Sq Ft: 1340
  • Total Sq Ft: 1340
  • Finished Main Level Sq Ft: 1340

Exterior Features

  • Exterior: Brick
  • Exterior Amenities: Shed
  • Road Access: Paved
  • Roofing: Shingles
  • Development Name: Briarwood Addition

Garage/Parking

  • Garage Parking: Attached, Gravel

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water
  • Utility Companies: Ameren

Schools

  • Elementary School: Mt Vernon
  • Middle School: Mt. Vernon
  • High School: Mt Vernon
  • Elementary School: Mt Vernon

Lot Info

  • Estimated Lot Size: 91.68x252.6
  • Estimated Number of Acres: 0.53
  • Lot Description: Level
  • Zoning: Residential
  • Subdivision: Briarwood
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1904
  • Parcel Id Number Tax Id: 07-19-403-016
  • Tax Year: 2019

MLS Schools

  • High School School District: Mt Vernon
  • Middle School: Mt. Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 7, 2021
Sold by
Wellco Llc
Bought by
Taylor-Lavoie Roger D
Seller's Agent
ROBIN S. GELFIUS
Robin S. Gelfius
Buyer's Agent
Daniel Harshbarger
KELLER WILLIAMS PINNACLE
List Price
$80,000
Sold Price
$82,400
Premium/Discount to List
$2,400
3%
Current Estimated Value
$112,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,487
Avg. Annual Appreciation
7.63%
Original Mortgage
$78,280
Outstanding Balance
$71,181
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$41,706

Purchase Details

Closed on
Nov 8, 2016
Sold by
Hester Thomas A and Hester Rebecca
Bought by
Wellco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
3.42%
Mortgage Type
Construction
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
Taylor-Lavoie Roger D $82,400 None Available
Wellco Llc $93,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor-Lavoie Roger D $78,280
Previous Owner Wellco Llc $240,800
Previous Owner Wellco Llc $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $82,400 +3.0% $61 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $80,000 -- $60 / 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 $1,537 $25,679 $2,338 $23,341
2023 $1,537 $23,706 $2,158 $21,548
2022 $1,431 $20,795 $1,893 $18,902
2021 $1,925 $19,805 $1,803 $18,002
2020 $1,930 $18,509 $1,685 $16,824
2019 $1,904 $18,509 $1,685 $16,824
2018 $1,882 $18,509 $1,685 $16,824
2017 $1,841 $18,509 $1,685 $16,824
2016 $1,797 $21,293 $1,685 $19,608
2015 $2,022 $21,293 $1,685 $19,608
2014 $1,426 $21,293 $1,685 $19,608
2013 $1,426 $20,088 $1,590 $18,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB438865

RMLS Alliance

APN: 07-19-403-016