NOT LISTED FOR SALE

234 Oak Tree Ave Salem, IL 62881

Estimated Value: $224,000 - $248,000

3 Beds
3 Baths
1,991 Sq Ft
0.36 Acres Lot

Sale Details

Date Sold: October 29, 2021

Last sale price $153,000 $77 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,609 / mo

57 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Garage
  • Shed

About This Home

As of October 2021

2 story home located in Lakewood Subdivision. 3 bedrooms, 3 bathrooms including a tiled shower and soaking tub. Beautiful kitchen, dining room, living room and a family room offer space for family and friends to gather.

Last Agent to Sell the Property

Stacey Russell

SOMER REAL ESTATE License #471017953 Listed on: 07/14/2021

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1975

Lot Details

  • 0.36

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Shed
  • Porch

Schools

  • Salem Elementary School

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,509

Year Built

Built in 1975

Lot Details

0.36 Acres

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: 2 Story
  • Legal Description: Lot 25, Lakewood Subdivision, City of Salem, Marion County IL
  • Lvt Date: 07/14/2021
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave Oven, Range/Oven, Refrigerator
  • Fireplace: Living Room, Electric
  • Interior Amenities: Garage Door Opener(s), Blinds, Ceiling Fan, Window Coverings
  • Number Fireplaces: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 16.04x15, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Crawl Space
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 12x12, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 12x8.06, On Level: Upper, Flooring: Carpet
  • Family Room: Dimensions: 20.03x14.1, On Level: Main, Flooring: Carpet
  • Formal Dining Room: Dimensions: 12x9.09, On Level: Main, Flooring: Tile
  • Kitchen: Dimensions: 16.04x12, On Level: Main, Flooring: Tile
  • Kitchen Dining: Dining Formal
  • Laundry: Dimensions: 8.09x5.01, On Level: Main, Flooring: Tile
  • Living Room: Dimensions: 24.04x12, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 76.85
  • Finished Sq Ft: 1991
  • Total Sq Ft: 1991
  • Finished Main Level Sq Ft: 1166
  • Upper Level Finished Sq Ft: 825

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Porch, Shed
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes
  • Number Of Garage Remotes: 1

Utilities

  • Heating Cooling: Gas, Central Air
  • Water Sewer: Public Water, Public Sewer

Schools

  • Elementary School: Salem

Lot Info

  • Estimated Lot Size: 100x157
  • Estimated Number of Acres: 0.36
  • Lot Description: Level
  • Subdivision: Lakewood
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 4509.02
  • Parcel Id Number Tax Id: 1100020595
  • Tax Year: 2020

MLS Schools

  • High School School District: Salem Community High School
  • Middle School: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Oct 29, 2021
Sold by
Pennington Charles D
Bought by
Ohms Lawrence E and Ohms Amy Jo
Seller's Agent
Stacey Russell
SOMER REAL ESTATE
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$167,900
Sold Price
$153,000
Premium/Discount to List
-$14,900
-8.87%
Current Estimated Value
$235,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,126
Avg. Annual Appreciation
10.09%
Original Mortgage
$150,228
Outstanding Balance
$137,658
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$97,468

Purchase Details

Closed on
Mar 3, 2016
Sold by
Morris Shawn D and Morris Wendy S
Bought by
Pennington Charles D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2009
Sold by
Chapman Rickey E and Chapman Jerri L
Bought by
Morris Shawn D and Morris Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,815
Interest Rate
5.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2006
Sold by
Galbraith Gerald R and Galbraith Kendra J
Bought by
Meyer Philip R and Meyer Peggy J
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
Ohms Lawrence E $153,000 None Available
Pennington Charles D $150,000 --
Morris Shawn D $77,000 Quad County Title Company In
Meyer Philip R $66,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohms Lawrence E $150,228
Previous Owner Pennington Charles D $127,500
Previous Owner Morris Shawn D $130,815
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $153,000 -8.9% $77 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $167,900 0.0% $84 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $167,900 -- $84 / Sq Ft
Source: RMLS Alliance

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 $4,334 $64,810 $8,400 $56,410
2023 $4,321 $60,570 $7,850 $52,720
2022 $4,149 $55,070 $7,140 $47,930
2021 $4,565 $51,460 $6,670 $44,790
2020 $4,509 $51,070 $6,620 $44,450
2019 $4,444 $49,200 $6,380 $42,820
2018 $4,331 $47,830 $6,380 $41,450
2017 $4,290 $46,890 $6,250 $40,640
2016 $4,226 $44,240 $5,900 $38,340
2015 $35 $44,240 $5,900 $38,340
2012 $34 $43,360 $5,780 $37,580
Source: Public Records

Agents Affiliated with this Home

  • Stacey Russell

    Seller's Agent in 2021

    Stacey Russell

    SOMER REAL ESTATE

    (618) 322-4321

    79 in this area

    215 Total Sales

    Stacey Russell
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non-Member

See All Agents

Map

Source: RMLS Alliance

MLS Number: EB440403

RMLS Alliance

APN: 1100020595

Illinois Marion County Salem 62881

234 Oak Tree Ave, Salem, IL

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Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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