NOT LISTED FOR SALE

331 E Boone St Salem, IL 62881

Estimated Value: $125,000 - $179,000

3 Beds
2 Baths
2,170 Sq Ft
$71/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $125,000 $58 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $939/month

61 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • Level Lot
  • 2 Car Detached Garage

About This Home

As of August 2023

Nice three bedroom two full baths home close to the park and high school. Updates include metal roof, luxury vinyl plank floors, fresh paint and replacement windows. Front and rear decks plus a large unattached garage. Home is heated efficiently by hot water heat with a new boiler. There is a lot of room in this comfortable 1.5 story home.

Last Agent to Sell the Property

Chris Tanner

SOMER REAL ESTATE License #475146456 Listed on: 05/25/2023

Last Buyer's Agent

Jeana Shelton

Cross Davidson Real Estate License #475194787

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $985

Year Built

  • Built in 1887

Lot Details

  • Lot Dimensions are 72 x 120
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,170 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Utilities

  • Window Unit Heating System
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Oak Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1100013925

Home Details

Home Type

Single Family

Est. Annual Taxes

$985

Year Built

Built in 1887

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1887
  • Architectural Style: One and Half Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 2170
  • KitchenDining: Breakfast Bar,Dining Informal

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame, Vinyl Siding
  • Roof: Metal
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Hot Water, Window Unit(s)
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Salem
  • High School: Salem Community High School
  • Middle Or Junior School: Salem

Lot Info

  • Lot Size: 72 x 120
  • Parcel #: 1100013925

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 984.62
  • TaxExemptions: Homestead/Owner Occupied,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 24, 2023
Sold by
Sullens Caren S
Bought by
Dial Nelson and Dial Jenna
Seller's Agent
Chris Tanner
SOMER REAL ESTATE
Buyer's Agent
Jeana Shelton
Cross Davidson Real Estate
List Price
$142,900
Sold Price
$125,000
Premium/Discount to List
-$17,900
-12.53%
Views
363
Current Estimated Value
$154,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,191
Avg. Annual Appreciation
9.30%
Original Mortgage
$118,750
Outstanding Balance
$116,319
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$37,872
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dial Nelson $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dial Nelson $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $125,000 -12.5% $58 / Sq Ft
05/25/2023 05/25/23 For Sale $142,900 -- $66 / 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 $1,609 $27,830 $7,610 $20,220
2023 $2,059 $26,010 $7,110 $18,900
2022 $1,491 $23,640 $6,460 $17,180
2021 $985 $22,100 $6,040 $16,060
2020 $964 $21,920 $5,990 $15,930
2019 $914 $21,120 $5,770 $15,350
2018 $950 $21,490 $5,770 $15,720
2017 $921 $21,070 $5,660 $15,410
2016 $872 $19,880 $5,340 $14,540
2015 $13 $19,880 $5,340 $14,540
2012 $12 $19,500 $5,240 $14,260
Source: Public Records

Agents Affiliated with this Home

  • Chris Tanner

    Seller's Agent in 2023

    Chris Tanner

    SOMER REAL ESTATE

    (618) 332-2262

    49 in this area

    96 Total Sales

    Chris Tanner
    Section Image

  • J

    Buyer's Agent in 2023

    Jeana Shelton

    Cross Davidson Real Estate

    Section Image
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Map

Source: RMLS Alliance

MLS Number: EB449086

RMLS Alliance

APN: 1100013925

Illinois Marion County Salem 62881

331 E Boone St, Salem, IL

Not Listed for Sale

Detached

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