NOT LISTED FOR SALE

260 Oak Tree Ave Salem, IL 62881

Salem Area

Estimated Value: $126,000 - $161,000

3 Beds
1.5 Baths
1,404 Sq Ft
$103/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2020

Last sale price $70,000 $50 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $930 / mo

11 Days on Market

Highlights

  • Wooded Lot
  • Home Office
  • Central Air
  • Ranch Style House
  • Living Room
  • Wood Burning Fireplace

About This Home

As of December 2020

3 bedroom home with an additional family/office or 4th bedroom possibility. Kitchen appliances included. Located in Lakewood Subdivision. Brick ranch style home with paved drive, patio, storage shed and wooded lot. Roof approximately 4 years old.

Last Agent to Sell the Property

Stacey Russell

SOMER REAL ESTATE License #471017953 Listed on: 10/08/2020

Last Buyer's Agent

Stacey Russell

SOMER REAL ESTATE License #471017953 Listed on: 10/08/2020

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 100x157.5
  • Wooded Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Home Office
  • Basement Window Egress

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,614

Year Built

Built in 1950

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: Lakewood
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Lot 32, Lakewood Subdivision
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Egress Window
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • LivingArea: 1404
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Vinyl Siding, Frame
  • Lot Features: Wooded

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Schools

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

Lot Info

  • Lot Dimensions: 100x157.5

Rental Info

  • Board Number: 29

Tax Info

  • Tax Annual Amount: 1614
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

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

Listed on
Oct 8, 2020
Closed on
Dec 1, 2020
Sold by
Bought by
Seller's Agent
Stacey Russell
SOMER REAL ESTATE
Buyer's Agent
Stacey Russell
SOMER REAL ESTATE
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%
Current Estimated Value
$144,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,058
Avg. Annual Appreciation
13.45%
Original Mortgage
$56,000
Outstanding Balance
$50,275
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$93,783

Purchase Details

Closed on
Aug 11, 2010
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
$50,322
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 2007
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
$108,800
Interest Rate
6.28%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, IL

  • CALLIE BROWN Real Estate Agent - RE/MAX INTEGRITY

    CALLIE BROWN

    RE/MAX INTEGRITY

    (618) 603-2869

    98 Total Sales

    2 in Salem

    $135,000 Price Range

    CALLIE BROWN
     Section Image
  • Alan Owen Real Estate Agent - Coldwell Banker Allen & Geary

    Alan Owen

    Coldwell Banker Allen & Geary

    (618) 740-6784

    108 Total Sales

    17 in Salem

    $53K - $405K Price Range

    Alan Owen
     Section Image
  • Vanessa Skavlem Real Estate Agent - THATS A WRAP REALTY

    Vanessa Skavlem

    THATS A WRAP REALTY

    (618) 352-7037

    77 Total Sales

    8 in Salem

    $68K - $265K Price Range

    Vanessa Skavlem
     Section Image
  • Blake McWilliams Real Estate Agent - RE/MAX Key Advantage

    Blake McWilliams

    RE/MAX Key Advantage

    (618) 403-1246

    39 Total Sales

    1 in Salem

    $223,847 Price

    Blake McWilliams
     Section Image
  • Vernon Korte Real Estate Agent - RE/MAX Alliance

    Vernon Korte

    RE/MAX Alliance

    (618) 851-1722

    62 Total Sales

    1 in Salem

    $95,000 Price

    Vernon Korte
     Section Image
  • Al Lenkaitis Real Estate Agent - Four Ways Realty

    Al Lenkaitis

    Four Ways Realty

    (618) 297-8563

    77 Total Sales

    1 in Salem

    $20,000 Price

    Al Lenkaitis
     Section Image
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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
$70,000 None Available
$25,000 None Available
-- None Available
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 $56,000
Previous Owner $50,322
Previous Owner $108,800
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
12/02/2020 12/02/20 Sold $70,000 -17.6% $50 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $85,000 -- $61 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $1,669 $35,200 $9,410 $25,790
2024 $1,505 $31,430 $8,400 $23,030
2023 $1,454 $29,370 $7,850 $21,520
2022 $1,087 $26,700 $7,140 $19,560
2021 $1,141 $24,950 $6,670 $18,280
2020 $1,656 $24,760 $6,620 $18,140
2019 $1,613 $23,860 $6,380 $17,480
2018 $1,124 $18,410 $6,380 $12,030
2017 $1,102 $18,040 $6,250 $11,790
2016 $1,066 $17,020 $5,900 $11,120
2015 $10 $17,020 $5,900 $11,120
2012 $10 $16,680 $5,780 $10,900
Source: Public Records

Agents Affiliated with this Home

  • Stacey Russell Real Estate Agent - SOMER REAL ESTATE

    Seller's Agent in 2020

    Stacey Russell

    SOMER REAL ESTATE

    (618) 322-4321

    202 Total Sales

    Stacey Russell
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB436533

Midwest Real Estate Data (MRED)

APN: 1100020620

Illinois Marion County Salem 62881

260 Oak Tree Ave, Salem, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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