$475,000
$10K PRICE DROP

402 Edgewood Rd Salem, IL 62881

Estimated payment $3,160/month

Total Views 6,291
5 Beds
3 Baths
3,584 Sq Ft
$133 Price per Sq Ft

Highlights

  • 10 Acre Lot
  • Vaulted Ceiling
  • Home Security System
  • Wooded Lot
  • 2 Car Attached Garage
  • Two Heating Systems

About This Home

10 acres with a newer home and outbuilding in an amazing location?!!!! Call quickly on this one! Original home built in 2012 with addition in 2018. Kitchen/dining combo with large island and pantry. 5 bedrooms and 3 bathrooms (includes 2 tiled showers), unfinished basement space, 36x48 pole barn, wooded acreage for nature enthusiasts. Located at the edge of town - this is a one of a kind opportunity. Refer to listing EB456254 for home+37 Acres.

Listing Agent

Stacey Russell

SOMER REAL ESTATE Brokerage Phone: 618-548-5123 License #471017953 Listed on: 04/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,169

Year Built

  • Built in 2012

Lot Details

  • 10 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,584 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Home Security System
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Basement Window Egress

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Utilities

  • Central Air
  • Two Heating Systems
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • High Speed Internet

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 1101000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,169

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2012
  • Unit Levels: Two
  • New Construction: No
  • PricePerSqFt: 132.53
  • Attribution Contact: Phone: 618-548-5123
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Basement: Egress Window(s), Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Starter, Living Room
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s), Soaking Tub, High Speed Internet
  • Living Area: 3584
  • TotalBasementSqFt: 1260
  • KitchenDining: Dining Informal,Island

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling: Zoned, Central Air
  • Heating: Propane, Heating Systems - 2+, Propane Rented
  • Security: Security System
  • Water Source: Aerator/Aerobic, Public
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 10
  • Lot Size: 10 acres
  • Additional Parcels Description: To be split
  • Parcel #: 1101000014

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6168.54
  • TaxExemptions: Homestead/Owner Occupied

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $6,169 $98,923 $4,123 $94,800
2022 $4,165 $89,824 $3,644 $86,180
2021 $3,920 $58,809 $3,269 $55,540
2020 $3,767 $57,015 $3,035 $53,980
2019 $3,687 $54,770 $2,770 $52,000
2018 $3,009 $46,043 $2,593 $43,450
2017 $2,969 $44,993 $2,393 $42,600
2016 $2,896 $42,329 $2,139 $40,190
2015 $27 $42,196 $2,006 $40,190
2012 $0 $120 $120 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $610,000 +28.4% $170 / Sq Ft
06/04/2025 06/04/25 Price Changed $475,000 -2.1% $133 / Sq Ft
04/19/2025 04/19/25 For Sale $485,000 -22.4% $135 / Sq Ft
12/19/2024 12/19/24 For Sale $625,000 -- $174 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $55,250 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,600 Construction
Closed $30,000 New Conventional
Closed $221,000 Construction
Closed $88,320 FHA
Source: Public Records

Similar Homes in Salem, IL

  • 333 N Lakeview Dr, Salem, IL 62881

    $385,000

    • 4 Beds
    • 2.5 Baths
    • 2,678 Sq Ft
    • 333 N Lakeview Dr
    • Salem, IL

    Welcome to your dream lakefront retreat! This beautiful 4-bedroom, 2.5-bathroom home offers breathtaking water views and a perfect blend of comfort and functionality. The spacious walkout basement provides easy access to the backyard and lake, while the large sunroom is the perfect spot to relax and take in the serene surroundings. For car enthusiasts or those in need of extra storage, this home

    Mike Hammond Equity Realty Group

    Section Image
  • 101 Lost Hollow Dr, Salem, IL 62881

    $360,000

    • 3 Beds
    • 3.5 Baths
    • 5,476 Sq Ft
    • 101 Lost Hollow Dr
    • Salem, IL

    Beautiful full brick, custom built, colonial style 5200 sq ft home with so many features. The stunning foyer accents the winding staircase to the upper level and has a view to the formal living room with fireplace and the formal dining room. The large master bedroom includes a spacious master bath. The kitchen, with island, includes an informal dining area and a half bath. A 21 x 13.5 screened

    Chris Tanner SOMER REAL ESTATE

    Section Image
  • 2022 W Main St, Salem, IL 62881

    $439,000

    • 6 Beds
    • 4.5 Baths
    • 4,944 Sq Ft
    • 2022 W Main St
    • Salem, IL

    Welcome to your dream home, a magnificent property that boasts just under 5,000 sq ft of luxurious living space. Nestled on approximately 2.32 acres, this residence offers the perfect blend of comfort, style, and functionality, making it an ideal retreat for families of all sizes. As you enter, you are greeted by an expansive foyer that leads to a spacious and inviting floor plan. With six

    Siretha Howe Midwest Farm & Land Co. LLC

    Section Image

Source: RMLS Alliance

MLS Number: EB457604

RMLS Alliance

APN: 1101000014