NOT LISTED FOR SALE

1517 Salem Rd Mount Vernon, IL 62864

Estimated Value: $140,000 - $160,000

4 Beds
1 Bath
1,590 Sq Ft
$93/Sq Ft Est. Value

Last Sold December 20, 2016

Last sale price $82,500 $52 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,031/month

About This Home

Great home feels like it is in the country over 2 acres with some mature trees & terrific yard. Seller will even help with your closing cost, up to $1,500 with acceptable offer! Home has some fresh paint, beautifully updated kitchen w/ new ceramic tile, hardwood thru the first floor & lots of natural light thru the updated windows. Has newer HVAC, roof, & updated bathroom. Out the back patio doors is a nice sized deck with a sunk in hot tub, & out the front patio doors is a nice sitting area. If you are looking for charm & character be sure to check this one out! N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Sep 13, 2013
Sold by
Stanley Grant and Watts Brandi
Bought by
Redden Omer and Redden Hannah
Seller's Agent
STEVEN SCHROEDER
Buy Home Realty
Buyer's Agent
Jennifer Draper
King City Property Brokers
List Price
$92,900
Sold Price
$81,000
Premium/Discount to List
-$11,900
-12.81%
Current Estimated Value
$147,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,222
Avg. Annual Appreciation
5.05%
Original Mortgage
$83,979
Outstanding Balance
$63,209
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$84,013

Purchase Details

Closed on
Jul 14, 2006
Sold by
Richey Barry Gregory and Richey Teresa J
Bought by
Stanley Grant and Watts Brandi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Redden Omer $121,500 None Available
Stanley Grant $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redden Omer $83,979
Previous Owner Stanley Grant $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2016 12/20/16 Sold $82,500 -16.2% $52 / Sq Ft View Prior Sale
11/23/2016 11/23/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $98,500 +21.6% $62 / Sq Ft
09/13/2013 09/13/13 Sold $81,000 -12.8% $51 / Sq Ft View Prior Sale
07/22/2013 07/22/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $92,900 -- $58 / Sq Ft

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 $3,072 $35,384 $2,596 $32,788
2023 $2,858 $32,667 $2,397 $30,270
2022 $2,772 $28,656 $2,103 $26,553
2021 $2,061 $27,292 $2,003 $25,289
2020 $2,055 $25,507 $1,872 $23,635
2019 $2,027 $25,507 $1,872 $23,635
2018 $2,000 $25,507 $1,872 $23,635
2017 $1,725 $23,198 $1,872 $21,326
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Draper

    Seller's Agent in 2016

    Jennifer Draper

    King City Property Brokers

    (618) 315-1368

    68 Total Sales

    Jennifer Draper
    Section Image
  • Myron Foley

    Buyer's Agent in 2016

    Myron Foley

    M. G. FOLEY INC

    (618) 237-7219

    85 Total Sales

    Myron Foley
    Section Image

  • S

    Seller's Agent in 2013

    STEVEN SCHROEDER

    Buy Home Realty

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Map

Illinois Jefferson County Mount Vernon 62864

1517 Salem Rd, Mount Vernon, IL

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