NOT LISTED FOR SALE

406 Mayfair Ln Salem, IL 62881

Estimated Value: $298,000 - $402,000

Studio
-- Bath
-- Sq Ft
0.37 Acres

About This Home

This home is located at 406 Mayfair Ln, Salem, IL 62881 and is currently estimated at $334,019. 406 Mayfair Ln is a home located in Marion County with nearby schools including Franklin Park Middle School, Hawthorn Elementary School, and Salem Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Engel Alecia E
Bought by
Wilkins Kameron K
Current Estimated Value
$334,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$213,371
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$120,648

Purchase Details

Closed on
Sep 8, 2006
Sold by
Adams Roy E and Adams Rena F
Bought by
Engel Larry L and Engel Alecia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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First American

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Quantarium

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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
Wilkins Kameron K $305,000 None Available
Engel Larry L $129,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Kameron K $236,000
Previous Owner Engel Larry L $161,000
Source: Public Records

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 $5,972 $87,050 $10,100 $76,950
2023 $5,967 $81,360 $9,440 $71,920
2022 $5,746 $73,960 $8,580 $65,380
2021 $5,156 $69,120 $8,020 $61,100
2020 $5,085 $68,590 $7,960 $60,630
2019 $4,976 $66,080 $7,670 $58,410
2018 $4,987 $66,080 $7,670 $58,410
2017 $5,122 $66,990 $7,520 $59,470
2016 $5,009 $63,190 $7,090 $56,100
2015 $48 $63,190 $7,090 $56,100
2012 $50 $64,680 $9,690 $54,990
Source: Public Records

Map

Illinois Marion County Salem 62881

406 Mayfair Ln, Salem, IL

Not Listed for Sale

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