NOT LISTED FOR SALE

263 Edgewood Rd Salem, IL 62881

Estimated Value: $162,745 - $199,000

3 Beds
1.5 Baths
1,504 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $102,000 $68 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,164/month

21 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Forced Air Heating and Cooling System
  • Formal Dining Room
  • Living Room
  • Family Room

About This Home

As of September 2020

This home has it all, 1 c garage, large partially fenced yard, three bedrooms, 1.5 baths, newer roof, windows and siding. Formal living and dining rooms, Family room with eating area. Carefree exterior and sweet interior featuring hardwood floors and like new paint and vinyl flooring. Ceiling fans, appliances, patio, shed and great location. All information is deemed reliable, but not guaranteed. All MLS information should be verified by the buyer or buyer's agent. Notice: Many homes contain recording devices, and buyers and agents should be aware that they may be recorded during a showing.

Last Agent to Sell the Property

Rhonda Mulvany

SOMER REAL ESTATE License #471004349 Listed on: 07/22/2020

Last Buyer's Agent

Rhonda Mulvany

SOMER REAL ESTATE License #471004349 Listed on: 07/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,547

Year Built

  • Built in 1963

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 157.05 x 100
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,504 Sq Ft Home
  • Window Treatments
  • Family Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Outdoor Features

  • Patio

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,547

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: Lakewood
  • Year Built: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Lot 9 Lakewood Subdivision
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Basement: Egress Window
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1504
  • Window Features: Window Treatments
  • Below Grade Bedrooms: 0
  • Dining Room: Separate

Exterior Features

  • Construction Materials: Vinyl Siding, Frame
  • Lot Features: Level
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.36
  • Lot Dimensions: 157.05 x 100

Rental Info

  • Board Number: 29

Tax Info

  • Tax Annual Amount: 1547
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Returning Vet,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 8, 2020
Sold by
Sullivan William Larry and Sullivan Helen L
Bought by
Furlong Ryan
Seller's Agent
Rhonda Mulvany
SOMER REAL ESTATE
Buyer's Agent
Rhonda Mulvany
SOMER REAL ESTATE
List Price
$102,000
Sold Price
$102,000
Current Estimated Value
$181,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,436
Avg. Annual Appreciation
11.41%
Original Mortgage
$81,600
Outstanding Balance
$72,045
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$109,391

Purchase Details

Listed on
Dec 28, 2015
Closed on
Jan 12, 2016
Sold by
Schnake Pamela
Bought by
Mcneil Anita Kay and Hanson Rhonda Louise
Seller's Agent
Marilyn Wiggins,GRI
Williams Realty, Inc.
Buyer's Agent
Marilyn Wiggins,GRI
Williams Realty, Inc.
List Price
$95,000
Sold Price
$93,000
Premium/Discount to List
-$2,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%

Purchase Details

Closed on
Jun 30, 2008
Sold by
Hahn Barry M and Hahn Audra L
Bought by
Schnake Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,188
Interest Rate
6.1%
Mortgage Type
FHA
Source: Public Records
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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
Furlong Ryan -- None Available
Furlong Ryan $102,000 None Available
Mcneil Anita Kay $93,000 Larimer Abstract & Title
Schnake Pamela $42,750 Title Professional Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furlong Ryan $81,600
Previous Owner Schnake Pamela $83,188
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2020 09/11/20 Sold $102,000 0.0% $68 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $102,000 +9.7% $68 / Sq Ft
01/12/2016 01/12/16 Sold $93,000 -2.1% $62 / Sq Ft View Prior Sale
12/29/2015 12/29/15 Pending -- -- --
12/28/2015 12/28/15 For Sale $95,000 -- $64 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,589 $41,130 $8,260 $32,870
2023 $2,568 $38,440 $7,720 $30,720
2022 $2,448 $34,950 $7,020 $27,930
2021 $2,365 $32,660 $6,560 $26,100
2020 $1,512 $32,410 $6,510 $25,900
2019 $1,547 $31,220 $6,270 $24,950
2018 $1,551 $30,410 $6,270 $24,140
2017 $1,567 $29,820 $6,150 $23,670
2016 $1,598 $28,130 $5,800 $22,330
2015 $15 $28,130 $5,800 $22,330
2012 $16 $27,570 $5,680 $21,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB435308

Midwest Real Estate Data (MRED)

APN: 1100020520