NOT LISTED FOR SALE

247 Oak Tree Ave Salem, IL 62881

Estimated Value: $367,846 - $408,000

Studio
-- Bath
-- Sq Ft
2.15 Acre Lot

About This Home

This home is located at 247 Oak Tree Ave, Salem, IL 62881 and is currently estimated at $385,712. 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2023
Sold by
Bought by
Current Estimated Value
$385,712

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
$366,101

Purchase Details

Closed on
Nov 4, 2021
Sold by
Bought by

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
Bought by

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
Bought by

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
$173,000 Larimer Abstract & Title
$80,000 Larimer Abstract & Title Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $20,000
Previous Owner $120,000
Previous Owner $201,702
Previous Owner $155,944
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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