NOT LISTED FOR SALE

247 Oak Tree Ave Salem, IL 62881

Estimated Value: $313,000 - $431,000

Studio
-- Bath
-- Sq Ft
2.15 Acres

About This Home

This home is located at 247 Oak Tree Ave, Salem, IL 62881 and is currently estimated at $369,718. 247 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
Oct 16, 2023
Sold by
Morton Serra L
Bought by
Morton Serra L and Parker Enoch
Current Estimated Value
$369,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Outstanding Balance
$19,611
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$350,107

Purchase Details

Closed on
Nov 4, 2021
Sold by
Morton Michael L
Bought by
Morton Serra L and Parker Enoch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2014
Sold by
Tate Jimmie Lee and Tate Larissa A
Bought by
Morton Serra L and Morton Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,702
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2011
Sold by
Pryor Susan A
Bought by
Tate Jimmie Lee and Tate Larissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,944
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Morton Serra L -- None Listed On Document
Morton Serra L -- None Available
Morton Serra L $173,000 Larimer Abstract & Title
Tate Jimmie Lee $80,000 Larimer Abstract & Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Serra L $20,000
Previous Owner Morton Serra L $120,000
Previous Owner Morton Serra L $201,702
Previous Owner Tate Jimmie Lee $155,944
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 $7,323 $105,380 $14,240 $91,140
2023 $7,257 $98,490 $13,310 $85,180
2022 $7,063 $89,540 $12,100 $77,440
2021 $6,891 $83,680 $11,310 $72,370
2020 $6,802 $83,040 $11,220 $71,820
2019 $6,685 $80,000 $10,810 $69,190
2018 $4,406 $54,660 $10,810 $43,850
2017 $4,354 $53,590 $10,600 $42,990
2016 $4,270 $50,560 $10,000 $40,560
2015 $41 $50,560 $10,000 $40,560
2012 $40 $49,560 $9,800 $39,760
Source: Public Records

Map

Illinois Marion County Salem 62881

247 Oak Tree Ave, Salem, IL

Not Listed for Sale

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