NOT LISTED FOR SALE

303 N Ohio Ave Salem, IL 62881

Estimated Value: $83,392 - $116,000

2 Beds
1 Bath
706 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $65,000 $92 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $617/month

69 Days on Market

About This Home

As of August 2021

Sweet cottage surrounded by blooming trees and flowers. A quaint, picturesque, maintenance free home located on a corner lot in a fabulous location. One car detached garage with storage space, master bedroom has two closets, kitchen with appliances, oversize lot, newer roof. PRISTINE CONDITION!!

Last Agent to Sell the Property

Rhonda Mulvany

SOMER REAL ESTATE License #471004349 Listed on: 04/15/2021

Last Buyer's Agent

Chris Tanner

SOMER REAL ESTATE License #475146456

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $990

Year Built

  • Built in 1940

Lot Details

  • 0.29

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 1 Full Bathroom

Parking

  • Garage
  • Garage Door Opener

Schools

  • Salem Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$990

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: Vandervort Kell Subdivision Lots 1 and s 2/3 Lot 2, Block 4
  • Lvt Date: 04/16/2021
  • Year Built: 1940
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Garage Door Opener(s)
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 12.02x12.03, On Level: Main, Flooring: Carpet
  • Basement Foundation: Crawl Space
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 12.02x8.05, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Kitchen: Dimensions: 12.03x8.03, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Galley
  • Living Room: Dimensions: 16x12.02, On Level: Main, Flooring: Carpet
  • Additional Room 1: Dimensions: 8x5.04, On Level: Main, Flooring: Vinyl
  • Price Per Sq Ft: 92.07
  • Finished Sq Ft: 706
  • Total Sq Ft: 706
  • Finished Main Level Sq Ft: 706

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 1
  • Number Of Garage Remotes: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Sewer, Public Water

Schools

  • Elementary School: Salem

Lot Info

  • Estimated Lot Size: 100 x 127.5
  • Estimated Number of Acres: 0.29
  • Lot Description: Corner
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 990
  • Parcel Id Number Tax Id: 1100015765
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2019

MLS Schools

  • High School School District: Salem Community High School
  • Middle School: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Aug 3, 2021
Sold by
Larimer Teresa L
Bought by
Reeves Douglas L and Reeves Lynne R
Seller's Agent
Rhonda Mulvany
SOMER REAL ESTATE
Buyer's Agent
Chris Tanner
SOMER REAL ESTATE
List Price
$73,000
Sold Price
$65,000
Premium/Discount to List
-$8,000
-10.96%
Current Estimated Value
$94,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,098
Avg. Annual Appreciation
9.14%
Original Mortgage
$52,000
Outstanding Balance
$47,355
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$46,743
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Reeves Douglas L $65,000 Larimer Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Douglas L $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $65,000 -11.0% $92 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $73,000 -- $103 / 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 $1,460 $25,810 $6,080 $19,730
2023 $1,435 $24,120 $5,680 $18,440
2022 $1,346 $21,920 $5,160 $16,760
2021 $1,284 $20,480 $4,820 $15,660
2020 $1,265 $20,330 $4,790 $15,540
2019 $990 $16,960 $4,610 $12,350
2018 $992 $19,580 $4,610 $14,970
2017 $973 $19,200 $4,520 $14,680
2016 $939 $18,110 $4,260 $13,850
2015 $9 $16,070 $4,260 $11,810
2012 $9 $15,750 $4,180 $11,570
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Mulvany

    Seller's Agent in 2021

    Rhonda Mulvany

    SOMER REAL ESTATE

    (618) 267-5946

    117 in this area

    199 Total Sales

    Rhonda Mulvany
    Section Image
  • Chris Tanner

    Buyer's Agent in 2021

    Chris Tanner

    SOMER REAL ESTATE

    (618) 332-2262

    50 in this area

    96 Total Sales

    Chris Tanner
    Section Image
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Map

Source: RMLS Alliance

MLS Number: EB439033

RMLS Alliance

APN: 1100015765

Illinois Marion County Salem 62881

303 N Ohio Ave, Salem, IL

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