NOT LISTED FOR SALE

215 E Main St Salem, IL 62881

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold February 12, 2020

Last sale price $73,000

231 Days on Market

About This Home

As of February 2020

Located in the center business district of Salem with frontage on Main Street this building would be ideal for office or retail business space. The interior main floor and second floor have recently been renovated consisting of hardwood flooring, ceiling panels, lighting and electrical upgrades, painting & restroom fixtures and flooring. Exterior upgrades including roof coating system, windows and doors have also been completed.(Available Option For Lease) $7.20 Sq' or $900 per month 1 year min annual lease plus utilities.Disclosure: Many improvements from 2009 - 2016 consisting of the interior flooring, ceiling panels, insulation, doors, windows, drywall and painting, water heater replaced in 2011, tuck pointing in 2010, bathroom remodel 2015-16, Roof coating system 2011

Last Agent to Sell the Property

Alan Owen

Coldwell Banker Allen & Geary License #475182718 Listed on: 01/15/2019

Coldwell Banker Allen & Geary

Last Buyer's Agent

Alan Owen

Coldwell Banker Allen & Geary License #475182718 Listed on: 01/15/2019

Coldwell Banker Allen & Geary

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $915

Year Built

  • Built in 1920

Lot Details

  • 2,614

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$915

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Legal Description: Real Estate Only
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring, Wood
  • Half Basement: Partial, Poured, Unfinished
  • Total Sq Ft: 1500

Exterior Features

  • Exterior Finish: Wood Siding, Brick
  • Frontage Access: City Street
  • Insulation: Other Insulation
  • Roof Construction: Other Roof Construction
  • Wall Construction: Masonry
  • Construction: Brick
  • Foundation: Basement

Garage/Parking

  • Numberparking Spaces Allocated: 15

Utilities

  • Electric Company: Ameren
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Gas Company: Ameren
  • Water Company: City Of Salem

Lot Info

  • Estimated Number of Acres: 0.06
  • Zoning: Business
  • Estimated Land Size: 25'x113'
  • Geo Subdivision: IL
  • Irregular Lot: No

Rental Info

  • Sale Lease Includes: Building, Sale/Lease Other
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 915.44
  • Parcel Id Number Tax Id: 1100008540
  • Tax Incentive: None
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Feb 12, 2020
Sold by
Charman Michael F and Charman Michael
Bought by
Green Daniel S and Green Chelsie A
Seller's Agent
Alan Owen
Coldwell Banker Allen & Geary
Buyer's Agent
Alan Owen
Coldwell Banker Allen & Geary
List Price
$79,500
Sold Price
$73,000
Premium/Discount to List
-$6,500
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$79,689
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2009
Sold by
Charmin Michael F and Charmin Jeannell Gaston
Bought by
Charmin Michael F and Charmin Jeannell Gaston

Purchase Details

Closed on
Apr 24, 2008
Sold by
Wilzbach Melva L and Scott Wilzbach K
Bought by
Charman Michael Frederick and Charman Jeannell Gaston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
5.88%

Purchase Details

Closed on
Dec 20, 2007
Sold by
Kelly Michael and Meredith Rick
Bought by
Village Of Odin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Green Daniel S $73,000 None Available
Charmin Michael F -- None Available
Charman Michael Frederick $14,000 None Available
Village Of Odin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Daniel S $90,000
Previous Owner Charman Michael Frederick $23,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2020 02/12/20 Sold $73,000 -8.2% --
09/03/2019 09/03/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $79,500 -- --
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 $952 $12,920 $3,720 $9,200
2023 $985 $12,440 $3,840 $8,600
2022 $956 $11,310 $3,490 $7,820
2021 $938 $10,570 $3,260 $7,310
2020 $927 $10,500 $3,240 $7,260
2019 $913 $10,110 $3,120 $6,990
2018 $915 $10,110 $3,120 $6,990
2017 $907 $9,910 $3,060 $6,850
2016 $893 $9,350 $2,890 $6,460
2015 $9 $9,350 $2,890 $6,460
2012 $8 $9,170 $2,830 $6,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB425478

RMLS Alliance

APN: 1100008540