NOT LISTED FOR SALE

2881 Selmaville Rd Salem, IL 62881

Estimated Value: $124,000 - $189,024

3 Beds
2 Baths
1,647 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 05, 2018

Last sale price $98,000 $60 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $994/month

7 Days on Market

Highlights

  • Porch
  • Patio
  • Ceiling Fan

About This Home

As of November 2018

Country setting just minutes from town! This 3 bedroom, 2 bathroom home sits on 2 spacious acres with a variety of shade trees and an inviting fire pit area. The front of the home offers a large covered porch, perfect for decorating for all seasons! The home itself has had new flooring, trim, carpet, and heating/air upstairs just this year.(2018) An enclosed carport with roll down doors was professionally added to the property in 2017 and offers plenty of space for two vehicles. The sunroom on the back of the home is also heated and cooled and opens out to the small covered patio. This home has a stand alone gas fireplace to cut down on heating bills and an attic fan to help out with the air conditioning in the hot summer months. Roof, windows, and siding were all replaced in 2005. Stove, refrigerator, dishwasher, washer, dryer, stand alone gas fireplace, wall mounted heater (x2), queen size bed upstairs

Last Agent to Sell the Property

Trudie Smith

SOMER REAL ESTATE License #475178075 Listed on: 09/13/2018

Last Buyer's Agent

Penny Crain

SOMER REAL ESTATE License #471008446

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1950

Lot Details

  • 2

Interior Spaces

  • 2 Full Bathrooms
  • 1.5-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Selmaville Elementary School

Utilities

  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,121

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Unit Style: 1-Level
  • Legal Description: Part of North West 1/4 of the South East 1/4, Section 29 T2N. R2E., 3rd PM Marion County, Illinois
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave Oven, Refrigerator, Range/Oven, Washer
  • Fireplace: Gas Logs
  • Interior Amenities: Ceiling Fan
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Main Level Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: Main, Flooring: Carpet
  • Basement Foundation: Crawl Space
  • Bedroom 3: On Level: Upper, Flooring: Carpet
  • Bedroom 4: On Level: Upper, Flooring: Carpet
  • Formal Dining Room: On Level: Main, Flooring: Laminate
  • Kitchen: On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining/Living Combo
  • Living Room: On Level: Main, Flooring: Laminate
  • Price Per Sq Ft: 59.5
  • Finished Sq Ft: 1647
  • Total Sq Ft: 1647
  • Finished Main Level Sq Ft: 1647

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Patio, Porch
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Carport, Detached
  • Number Cars: 2

Utilities

  • Heating Cooling: Electric, Gas, Forced Air, Central Air, Whole House Fan
  • Water Sewer: Public Water, Septic System
  • Utility Companies: Ameren Odin Tri-County

Schools

  • Elementary School: Selmaville
  • High School: Salem Community High School
  • Elementary School: Selmaville

Lot Info

  • Estimated Lot Size: 2 acres
  • Estimated Number of Acres: 2
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Parcel Id Number Tax Id: 1129400002
  • Tax Exemptions: Senior Freeze
  • Tax Year: 2017

MLS Schools

  • High School School District: Salem Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Nov 2, 2018
Sold by
Smith Bradley H and Smith Amanda L
Bought by
Woodward David R
Seller's Agent
Trudie Smith
SOMER REAL ESTATE
Buyer's Agent
Penny Crain
SOMER REAL ESTATE
List Price
$110,000
Sold Price
$98,000
Premium/Discount to List
-$12,000
-10.91%
Current Estimated Value
$161,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,756
Avg. Annual Appreciation
8.22%
Original Mortgage
$101,000
Outstanding Balance
$91,287
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$74,322

Purchase Details

Listed on
Dec 5, 2014
Closed on
Jan 20, 2015
Sold by
Scharnhorst Thomas L and Scharnhorst Colleen M
Bought by
Smith Bradley H and Smith Amanda L
Seller's Agent
KRISTIEN WEST
JEFF DUNAHEE REALTY
Buyer's Agent
Travarr Rudd
Buy Home Realty
List Price
$82,000
Sold Price
$79,000
Premium/Discount to List
-$3,000
-3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$10,000
Interest Rate
3.85%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Woodward David R $98,000 None Available
Smith Bradley H $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodward David R $101,000
Previous Owner Smith Amanda L $10,000
Previous Owner Smith Bradley H $69,000
Previous Owner Scharnhorst Colleen M $70,000
Previous Owner Scharnhorst Colleen M $78,327
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2018 11/05/18 Sold $98,000 -10.9% $60 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $110,000 +39.2% $67 / Sq Ft
01/30/2015 01/30/15 Sold $79,000 -3.7% $53 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
12/05/2014 12/05/14 For Sale $82,000 -- $55 / 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
2023 $1,121 $22,930 $2,590 $20,340
2022 $1,063 $20,840 $2,350 $18,490
2021 $1,018 $19,480 $2,200 $17,280
2020 $1,061 $19,330 $2,180 $17,150
2019 $1,035 $18,620 $2,100 $16,520
2018 $0 $18,620 $2,100 $16,520
2017 $0 $18,260 $2,060 $16,200
2016 $0 $16,860 $1,940 $14,920
2015 -- $16,860 $1,940 $14,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB423215

RMLS Alliance

APN: 1129400002