NOT LISTED FOR SALE

401 S Walnut St Salem, IL 62881

Estimated Value: $123,000 - $151,000

4 Beds
1 Bath
2,176 Sq Ft
$63/Sq Ft Est. Value

Last Sold July 30, 2015

Last sale price $59,000 $27 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $871/month

162 Days on Market

Highlights

  • Ceiling Fan
  • Garage
  • 4-minute walk to Salem Parks Department

About This Home

As of July 2015

1920's FOUR SQUARE pattern house with classical Revival and Mediterranean architectural details. Beautiful real hardwoods are presented nicely with the 9' ceilings, decorative doorways, multiple French doors, arch doorways, solid wood trim and original characteristics. Grand entry foyer with chandelier and wood stairwell and railings. Very large bedrooms on 2nd level also having real hardwoods and tall windows. Classic peaked structure surrounded with mature decorative and shading trees. Full basement with outside access. Seller shall pay $375 towards Home Warranty for first year of buyer's ownership. PP on premises day of closing.

Last Agent to Sell the Property

Penny Crain

SOMER REAL ESTATE License #471008446 Listed on: 01/26/2015

Last Buyer's Agent

Philip Sarver

SOMER REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.31

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • Ceiling Fan
  • Sump Pump

Schools

  • Salem Elementary School

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Unit Style: 1-Level
  • Legal Description: Lots 1, 2 and 29' off East side of Lots 7 and 8 in Block 6, Mills Addition to the City of Salem
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Bedrooms: 4
  • Basement Foundation: Full, Walk-Out
  • Total Basement Sq Ft: 1088
  • Price Per Sq Ft: 27.11
  • Finished Sq Ft: 2176
  • Total Sq Ft: 2176
  • Finished Main Level Sq Ft: 2176

Exterior Features

  • Exterior: Brick
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Water, Public Sewer, Sump Pump
  • Utility Companies: City City Ameren

Schools

  • Elementary School: Salem
  • High School: Salem Community High School
  • Elementary School: Salem

Lot Info

  • Estimated Lot Size: 100x134
  • Estimated Number of Acres: 0.31
  • Lot Description: Corner
  • Zoning: Residential
  • Subdivision: Mills
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 3423
  • Parcel Id Number Tax Id: 11-00-010-900
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2013

MLS Schools

  • High School School District: Salem Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Jul 30, 2015
Sold by
Midland States Bank
Bought by
Taylor Drake K and Taylor Sonny M
Seller's Agent
Penny Crain
SOMER REAL ESTATE
Buyer's Agent
Philip Sarver
SOMER REAL ESTATE
List Price
$79,900
Sold Price
$59,000
Premium/Discount to List
-$20,900
-26.16%
Current Estimated Value
$137,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,732
Avg. Annual Appreciation
7.92%
Original Mortgage
$47,200
Outstanding Balance
$37,312
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$90,757

Purchase Details

Closed on
Aug 4, 2014
Sold by
Marion County Sheriff
Bought by
Midland States Bank

Purchase Details

Closed on
Jan 11, 2006
Sold by
Hayden Jacquelyn A
Bought by
Randall Keri D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,865
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Taylor Drake K $59,000 Larimer Abstract & Title
Midland States Bank -- --
Randall Keri D $67,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Drake K $47,200
Previous Owner Randall Keri D $72,865
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2015 07/30/15 Sold $59,000 -26.2% $27 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $79,900 -- $37 / 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 $1,693 $28,980 $2,020 $26,960
2023 $1,670 $27,090 $1,890 $25,200
2022 $1,553 $24,370 $1,460 $22,910
2021 $1,488 $22,770 $1,360 $21,410
2020 $1,452 $22,450 $1,350 $21,100
2019 $1,412 $21,630 $1,300 $20,330
2018 $1,415 $21,630 $1,300 $20,330
2017 $1,391 $21,200 $1,270 $19,930
2016 $1,350 $20,000 $1,200 $18,800
2015 $18 $20,000 $1,200 $18,800
2012 $35 $44,380 $9,180 $35,200
Source: Public Records

Agents Affiliated with this Home

  • Penny Crain

    Seller's Agent in 2015

    Penny Crain

    SOMER REAL ESTATE

    (618) 548-5123

    68 in this area

    126 Total Sales

    Penny Crain
    Section Image

  • P

    Buyer's Agent in 2015

    Philip Sarver

    SOMER REAL ESTATE

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAEB331256

RMLS Alliance

APN: 1100010900

Illinois Marion County Salem 62881

401 S Walnut St, Salem, IL

This home is located at 401 S Walnut St, Salem, IL 62881 since 26 January 2015 and is currently estimated at $137,732, approximately $63 per square foot. This property was built in 1925. 401 S Walnut St is a home located in Marion County with nearby schools including Franklin Park Middle School, Hawthorn Elementary School, and Salem Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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