NOT LISTED FOR SALE

311 N Lakeview Dr Salem, IL 62881

Estimated Value: $224,000 - $322,000

3 Beds
3 Baths
2,056 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $200,000 $97 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,873/month

219 Days on Market

Highlights

  • Deck
  • Patio
  • Ceiling Fan
  • Screened Porch
  • Shed
  • Garage

About This Home

As of March 2020

Distinctive home with extraordinary location! This quad-level (4 level) home has magnificent water views that are visible while relaxing on the dock, 22' x 14' deck or the 21'6 x 15' screened porch. The same owner has enjoyed and loved this home for the past 23 years and now offering that opportunity to a new owner! Large windows in living and dining rooms let in lots of natural light and the ideal views. The additional lower family room and 4th level both create even more usable spaces if needed. Water views, house generator, fireplace, Viking stovetop and abundance of storage are only some of the perks that make this home great! Located in the Lakewood Subdivision on the East side of Salem.

Last Agent to Sell the Property

Stacey Russell

SOMER REAL ESTATE License #471017953 Listed on: 07/24/2019

Last Buyer's Agent

Stacey Russell

SOMER REAL ESTATE License #471017953 Listed on: 07/24/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,391

Year Built

  • Built in 1960

Lot Details

  • 1.2

Parking

  • Garage

Home Design

  • Quad-Level Property
  • Frame Construction

Interior Spaces

  • 3 Full Bathrooms
  • Ceiling Fan
  • Blinds
  • Screened Porch
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Salem Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,391

Year Built

Built in 1960

Lot Details

1.2 Acres

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Quad-Level/4-Level
  • Unit Style: 1-Level
  • Legal Description: Part of Lots 57 and 59, All of Lot 58
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave Oven, Refrigerator
  • Fireplace: Gas Logs
  • Interior Amenities: Blinds, Ceiling Fan
  • Number Fireplaces: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Number of Full Bathrooms in the Basement: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 14.06x11.03, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Crawl Space, Partially Finished, Walk-Out
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 11x10.09, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 12x10, On Level: Upper, Flooring: Carpet
  • Family Room: Dimensions: 25.06x20, On Level: Basement
  • Formal Dining Room: Dimensions: 9.6x5.4, On Level: Main
  • Kitchen: Dimensions: 18x7.08, On Level: Main, Flooring: Carpet
  • Kitchen Dining: Dining/Living Combo, Dining Informal
  • Laundry: Dimensions: 8.06x20, On Level: Main
  • Living Room: Dimensions: 31.06x14.06, On Level: Main, Flooring: Carpet
  • Basement Finished Sq Ft: 676
  • Total Basement Sq Ft: 656
  • Price Per Sq Ft: 144.93
  • Finished Sq Ft: 2056
  • Total Sq Ft: 1380
  • Finished Main Level Sq Ft: 1380

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Amenities: Deck, Patio, Porch/Screened, Shed
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air, Whole House Fan
  • Water Sewer: Public Water, Public Sewer, Sump Pump
  • Utility Companies: City Salem Tri County

Schools

  • Elementary School: Salem

Lot Info

  • Estimated Lot Size: 229x282
  • Estimated Number of Acres: 1.2
  • Lot Description: Water Frontage, Lake View, Wooded, Lake/Pond
  • Zoning: Residential
  • Subdivision: Lakeview
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 4391
  • Parcel Id Number Tax Id: 1100020740
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2018

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
Jul 24, 2019
Closed on
Mar 19, 2020
Sold by
Schreiner Bette I
Bought by
Geary William K and Geary Megan L
Seller's Agent
Stacey Russell
SOMER REAL ESTATE
Buyer's Agent
Stacey Russell
SOMER REAL ESTATE
List Price
$238,000
Sold Price
$200,000
Premium/Discount to List
-$38,000
-15.97%
Current Estimated Value
$283,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,157
Avg. Annual Appreciation
6.02%
Original Mortgage
$141,471
Outstanding Balance
$123,957
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$159,200
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Geary William K $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geary William K $141,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2020 03/27/20 Sold $200,000 -16.0% $97 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
07/24/2019 07/24/19 For Sale $238,000 -- $116 / Sq Ft
Source: RMLS Alliance

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 $5,028 $74,230 $19,230 $55,000
2023 $5,017 $69,370 $17,970 $51,400
2022 $4,825 $63,070 $16,340 $46,730
2021 $4,696 $58,940 $15,270 $43,670
2020 $5,165 $58,500 $15,160 $43,340
2019 $4,097 $56,350 $14,600 $41,750
2018 $4,391 $59,490 $14,600 $44,890
2017 $4,329 $58,320 $14,310 $44,010
2016 $4,228 $55,020 $13,500 $41,520
2015 $40 $55,020 $13,500 $41,520
2012 $40 $53,940 $13,240 $40,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB429295

RMLS Alliance

APN: 1100020740

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