NOT LISTED FOR SALE

311 N Lakeview Dr Salem, IL 62881

Estimated Value: $284,000 - $315,000

3 Beds
3 Baths
1,380 Sq Ft
$213/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $200,000 $145 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,953/month

30 Days on Market

Highlights

  • Access To Lake
  • Deck
  • Screened Porch
  • Waterfront
  • Lake, Pond or Stream
  • 2 Car Attached 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 #4714.017953 Listed on: 01/28/2020

Last Buyer's Agent

Stacey Russell

Somer Real Estate License #4714.017953 Listed on: 01/28/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 9,496 Sq Ft Lot
  • Lot Dimensions are 229x282
  • Waterfront

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Quad-Level Property
  • Frame Construction

Interior Spaces

  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Screened Porch
  • Water Views
  • Partial Basement
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Access To Lake
  • Lake, Pond or Stream
  • Deck
  • Shed

Schools

  • Salem Dist 111 Elementary And Middle School
  • Salem Community High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Recreational Area

Listing and Financial Details

  • Assessor Parcel Number 1100020740

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Multi-Level
  • Style Description: Quad-Level
  • Special Areas: Family Room, Main Floor Laundry
  • Special Description: Homestead Senior, Owner Occupied
  • Age: 60
  • Ownership: Private
  • Year Built: 1960
  • Directions: East of Salem from Route 50, turn north on Edgewood Rd, turn west on Shady Lane, then left to property on right
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Rec/Family Area
  • Dining Room: Dining/Living Rm Cmb
  • Fireplace Location: Living Room
  • Fireplace Type: Gas
  • Lower Full Bathrooms: 1
  • Misc Features: Deck, Lake Access, Patio-Screened
  • Appliances: Dishwasher, Range, Refrigerator
  • Bathrooms: 3.00
  • Bedrooms: 3.00
  • Room Cnt: 11
  • Square Footage: 1380
  • Square Footage Below Grade: 676
  • Total Full Baths: 3
  • Number Fireplaces: 1

Exterior Features

  • Construction: Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking: Attached Garage, Garage Door Opener

Utilities

  • Sewer: Public
  • Water: Public
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: SALEM DIST 111
  • Junior High School: SALEM DIST 111
  • School District: SALEM DIST 111
  • Senior High School: Salem Community

Lot Info

  • Lot Description: Pond/Lake, Water View, Waterfront Lot
  • Lot Dimensions: 229x282
  • Lot Sq Ft: 9496
  • Acres: 0.2180

Building Info

  • Buildings: Shed(s)

Tax Info

  • Taxes Paid: 4391
  • Taxes Paid Year: 2018
  • Assessor Parcel Number: 1100020740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
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
$293,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,390
Avg. Annual Appreciation
6.85%
Original Mortgage
$141,471
Outstanding Balance
$125,054
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$168,336
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 Prior Sale
03/27/2020 03/27/20 Sold $200,000 0.0% $145 / Sq Ft
03/27/2020 03/27/20 Sold $200,000 -16.0% $97 / Sq Ft View Prior Sale
02/28/2020 02/28/20 Pending -- -- --
02/28/2020 02/28/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $238,000 0.0% $172 / Sq Ft
07/24/2019 07/24/19 For Sale $238,000 -- $116 / Sq Ft
Source: MARIS MLS

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 $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: MARIS MLS

MLS Number: MIS20005682

MARIS MLS

APN: 1100020740