NOT LISTED FOR SALE

240 Oak Tree Ave Salem, IL 62881

Estimated Value: $226,399 - $307,000

Studio
-- Bath
-- Sq Ft
0.55 Acres

About This Home

This home is located at 240 Oak Tree Ave, Salem, IL 62881 and is currently estimated at $251,350. 240 Oak Tree Ave is a home located in Marion County with nearby schools including Franklin Park Middle School, Hawthorn Elementary School, and Salem Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2011
Sold by
Wood Frances V and Wood James R
Bought by
Buerster Teresa and Buerster Frank
Current Estimated Value
$251,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
4.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Buerster Teresa $40,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Buerster Teresa $131,250
Source: Public Records

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 $3,085 $52,860 $10,270 $42,590
2023 $3,040 $49,400 $9,600 $39,800
2022 $2,867 $44,910 $8,730 $36,180
2021 $2,747 $41,970 $8,160 $33,810
2020 $2,706 $41,650 $8,100 $33,550
2019 $2,631 $40,120 $7,800 $32,320
2018 $2,561 $39,280 $7,800 $31,480
2017 $2,434 $38,510 $7,650 $30,860
2016 $2,829 $36,330 $7,220 $29,110
2015 $27 $36,330 $7,220 $29,110
2012 $26 $34,780 $7,080 $27,700
Source: Public Records

Map

Illinois Marion County Salem 62881

240 Oak Tree Ave, Salem, IL

Not Listed for Sale

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