NOT LISTED FOR SALE

4 Madison St Salem, IL 62881

Estimated Value: $245,882 - $286,000

6 Beds
2 Baths
2,313 Sq Ft
$115/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2019

Last sale price $147,000 $64 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,725 / mo

37 Days on Market

Highlights

  • Private Dock
  • Ranch Style House
  • Garage
  • Deck

About This Home

As of May 2019

6 BEDROOM HOME with a great waterview! Master or guest suite at one end of the home has large bedroom, sizable walk-in closet, double sinks in bath and its own heating, cooling & water heater. 5 bedrooms located at opposite end of home. Kitchen/dining room arrangement is open and bright, comprised of shining hardwoods, breakfast bar and sliding doors leading to the covered deck with built-in benches; all having great views of the dock on the reservoir. Large laundry room has lots of storage and shelves. Home is spotless and move-in ready. Make a path to the dock and see all the geese and ducks - reservoir approved for kayaking. Attached garage, concrete drive, covered deck, great views, large home and nice neighborhood. Current owner has enjoyed the area and home for over 20 years. Range, Refrigerator, Dishwasher, Washer, Dryer, Storage Shed

Last Agent to Sell the Property

Stacey Russell

SOMER REAL ESTATE License #471017953 Listed on: 03/11/2019

Last Buyer's Agent

Trudie Smith

SOMER REAL ESTATE License #475178075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,883

Year Built

  • Built in 1972

Lot Details

  • 0.45

Parking

  • Garage

Home Design

  • Ranch Style House
  • Frame Construction

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Dock
  • Deck

Schools

  • Salem Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,883

Year Built

Built in 1972

Lot Details

0.45 Acres

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Unit Style: 1-Level
  • Legal Description: Lot 26, Lakeview Estates
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Refrigerator, Range/Oven, Washer
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Bedrooms: 6
  • Basement Foundation: Crawl Space
  • Bedroom 2: Dimensions: 16x18, On Level: Main, Flooring: Carpet
  • Bedroom 3: Dimensions: 15.5x11.6, On Level: Main, Flooring: Carpet
  • Bedroom 4: Dimensions: 13.8x9.2, On Level: Main, Flooring: Carpet
  • Bedroom 5: Dimensions: 13.4x11.3, On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 28.4x11.8, On Level: Main, Flooring: Hardwood
  • Laundry: Dimensions: 8.3x6.7, On Level: Main, Flooring: Vinyl
  • Living Room: Dimensions: 13.4x20.7, On Level: Main, Flooring: Carpet
  • Additional Room 1: Dimensions: 10.8x9.7, On Level: Main, Flooring: Carpet
  • Additional Room 2: Dimensions: 11x9.7, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 63.55
  • Finished Sq Ft: 2313
  • Total Sq Ft: 2313
  • Finished Main Level Sq Ft: 2313

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Deck, Boat Dock
  • Road Access: Paved
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

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

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Water, Public Sewer
  • Utility Companies: Liberty Salem Tri County

Schools

  • Elementary School: Salem

Lot Info

  • Estimated Lot Size: 50x180x50x217.5x120
  • Estimated Number of Acres: 0.45
  • Lot Description: Corner, Lake View
  • Zoning: Residential
  • Subdivision: Lakeview Estates
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2883
  • Parcel Id Number Tax Id: 1100021695
  • Tax Exemptions: Senior Homestead
  • Tax Year: 2018

MLS Schools

  • High School School District: Salem Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
May 24, 2019
Sold by
Purcell Carol J and Purcell John B
Bought by
Schleuter Billy J and Schleuter Hayley N
Seller's Agent
Stacey Russell
SOMER REAL ESTATE
Buyer's Agent
Trudie Smith
SOMER REAL ESTATE
List Price
$149,500
Sold Price
$147,000
Premium/Discount to List
-$2,500
-1.67%
Current Estimated Value
$266,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,721
Avg. Annual Appreciation
9.03%
Original Mortgage
$144,337
Outstanding Balance
$127,955
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$138,766
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
Schleuter Billy J $147,000 Quad County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schleuter Billy J $144,337
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $147,000 -1.7% $64 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $149,500 -- $65 / 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 $3,857 $58,340 $5,050 $53,290
2023 $3,842 $54,520 $4,720 $49,800
2022 $3,683 $49,560 $4,290 $45,270
2021 $3,577 $46,320 $4,010 $42,310
2020 $3,529 $45,970 $3,980 $41,990
2019 $3,006 $44,280 $3,830 $40,450
2018 $3,013 $44,280 $3,830 $40,450
2017 $2,883 $42,510 $3,750 $38,760
2016 $2,804 $40,110 $3,540 $36,570
2015 $27 $40,110 $3,540 $36,570
2012 $27 $39,320 $3,470 $35,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB426389

RMLS Alliance

APN: 1100021695

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