$30,000
SOLD SEP 3, 2025

307 E Elm St Salem, IL 62881

2 Beds
1 Bath
1,110 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

40% Below List Price

58 Days on Market

Highlights

  • 1 Car Detached Garage
  • Central Air
  • Level Lot
  • Bungalow

About This Home

As of September 2025

Buyer financing fell through, so this home is still available! Put your touches on this house to make it your own, or restore the charm of yesteryear. This 2 bedroom 1 bath home has a spacious living room with hardwood floors. The enclosed front porch and living room fireplace give this home an element of coziness you can't always find. The two-tiered deck facing a large backyard is perfect for grilling or enjoying a hot cup of coffee. With a full basement and an extra bathroom, you get extra living space and several options for storage. The 1 car detached garage contains shelving and a workbench. Kitchen appliances and washer/dryer all stay! Situated near the heart of Salem, don't wait to schedule your showing!! House is being sold as is.

Last Agent to Sell the Property

Christy Gillett

SOMER REAL ESTATE License #475195501 Listed on: 03/05/2025

Last Buyer's Agent

Jayme Michel

Equity Realty Group License #475195674

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 163x50
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Parking Available

Home Design

  • Bungalow
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,110 Sq Ft Home
  • Living Room with Fireplace
  • Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Lester Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Subdivision Name: Lester
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: GEO. E. LESTER ADD. W END LOTS 1 - 4 BLOCK 5
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • LivingArea: 1110
  • Other Equipment: Water Heater-Gas
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room

Exterior Features

  • Construction Materials: Vinyl Siding, Frame
  • Foundation Details: Block
  • Lot Features: Level
  • OtherStructures: Outbuilding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 1

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 Size Acres: 0.19
  • Lot Dimensions: 163x50

Rental Info

  • Board Number: 29

Tax Info

  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Returning Vet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
Aug 22, 2025
Sold by
Shioli Elva Lynn
Bought by
Ccsv Region A Llc
Seller's Agent
Christy Gillett
SOMER REAL ESTATE
Buyer's Agent
Jayme Michel
Equity Realty Group
List Price
$49,900
Sold Price
$30,000
Premium/Discount to List
-$19,900
-39.88%
Views
65
Current Estimated Value
$42,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,850
Avg. Annual Appreciation
124.85%
Original Mortgage
$21,000
Outstanding Balance
$20,709
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$22,141

Purchase Details

Closed on
Dec 4, 2024
Sold by
Morris Nolan
Bought by
Shioli Elva

Purchase Details

Closed on
Jul 10, 2024
Sold by
Mikalik Marcella
Bought by
Shioli Elva

Purchase Details

Closed on
Jul 9, 2024
Sold by
Morris Kevin
Bought by
Shioli Elva and Morris Nolan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed $30,000 None Listed On Document
Executors Deed -- None Listed On Document
Executors Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Administrators Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $21,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 Sold $30,000 -39.9% $27 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $49,900 -- $45 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 -- $14,100 $5,750 $8,350
2023 -- $13,170 $5,370 $7,800
2022 $0 $11,970 $4,880 $7,090
2021 $0 $11,190 $4,560 $6,630
2020 $0 $11,110 $4,530 $6,580
2019 $0 $11,470 $4,360 $7,110
2018 $0 $11,470 $4,360 $7,110
2017 $0 $11,240 $4,270 $6,970
2016 $0 $10,610 $4,030 $6,580
2015 -- $10,610 $4,030 $6,580
2012 $1 $10,940 $3,950 $6,990
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB456992

Midwest Real Estate Data (MRED)

APN: 1100010240