$330,000
SOLD OCT 15, 2024

2539 Homestead Ln Salem, IL 62881

3 Beds
2 Baths
1,104 Sq Ft
21.3 Acres

Recently Sold

$299 Per Sq Ft

13% Below List Price

32 Days on Market

Highlights

  • 21.3 Acre Lot
  • Ranch Style House
  • 2 Car Garage
  • Wooded Lot
  • Eat-In Kitchen
  • Geothermal Heating and Cooling

About This Home

As of October 2024

Country Living! This awesome 3 bedroom, 2 bath ranch home is located on 21.3 acres just outside the city limits! Approximately 12 acres of cropland (currently in hay) and the remainder in woods. The home was built in 2010 and has beautiful hardwoods, geothermal, appliances including washer and dryer! Outside there is a 30x40 Morton building with power and also a 24x40 detached garage with heated workshop that includes an industrial style kitchen/canning area, copper compressed air lines with multiple outlets, air compressor and a full bath! In the event of power outage, property has an off-grid 24V solar system that powers lights and outlets in all buildings. Lastly there is Safe Shed storm shelter located on the property. You need to see this one to fully appreciate all its offerings.

Last Agent to Sell the Property

Brandon Swartzlander

Midwest Farm & Land Co. LLC Brokerage Phone: 618-322-1675 License #471020559 Listed on: 07/12/2024

Last Buyer's Agent

Non-Member Agent RMLSA

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,391

Year Built

  • Built in 2010

Lot Details

  • 21.3 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • 1,104 Sq Ft Home
  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Additional Features

  • Eat-In Kitchen
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 0631100005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,391

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2010
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 298.91
  • Attribution Contact: Pref: 618-322-1675
  • Special Features: None

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1104
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Agricultural, Wooded
  • Construction Type: Frame, Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Gravel, Private

Utilities

  • Heating: Geothermal
  • Water Source: Septic System
  • NumberOfGarageRemotes: 0
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Salem
  • High School: Salem Community High School
  • Middle Or Junior School: Salem

Lot Info

  • Lot Size Acres: 21.3
  • Lot Size: see deed
  • Parcel #: 0631100005
  • ZonedAgricultural: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2391.28
  • TaxExemptions: Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 20, 2024
Sold by
Chicago Title Land Trust Company
Bought by
Stahr Joshua and Stahr Lauren Ellen
Seller's Agent
Brandon Swartzlander
Midwest Farm & Land Co. LLC
Buyer's Agent
Non-Member Agent RMLSA
Non-MLS
List Price
$380,000
Sold Price
$330,000
Premium/Discount to List
-$50,000
-13.16%
Views
58
Current Estimated Value
$337,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,046
Avg. Annual Appreciation
2.24%
Original Mortgage
$340,890
Outstanding Balance
$338,680
Interest Rate
5.63%
Mortgage Type
VA
Estimated Equity
-$2,120

Purchase Details

Closed on
Jan 11, 2008
Sold by
Leonhardt Paul H and Leonhardt Helen E
Bought by
Chicago Title Land Trust Co
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $330,000 None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,890 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $330,000 -10.3% $299 / Sq Ft
08/01/2024 08/01/24 Price Changed $368,000 -3.2% $333 / Sq Ft
07/12/2024 07/12/24 For Sale $380,000 -- $344 / Sq Ft
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 $3,226 $52,776 $8,566 $44,210
2023 $2,512 $48,983 $7,663 $41,320
2022 $2,391 $44,297 $6,737 $37,560
2021 $2,281 $41,084 $5,984 $35,100
2020 $2,289 $39,469 $5,419 $34,050
2019 $2,210 $37,666 $4,866 $32,800
2018 $2,206 $37,313 $4,513 $32,800
2017 $2,156 $36,271 $4,111 $32,160
2016 $2,098 $34,601 $3,681 $30,920
2015 $20 $34,297 $3,377 $30,920
2012 $15 $27,440 $2,270 $25,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: EB454210

RMLS Alliance

APN: 0631100005