NOT LISTED FOR SALE

406 N Point Rd Salem, IL 62881

Estimated Value: $312,000 - $359,000

3 Beds
4 Baths
2,513 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $317,000 $126 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,215/month

38 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • 2 Car Attached Garage
  • Fenced Yard
  • Porch
  • Shed

About This Home

As of August 2024

MOTIVATED SELLERS!!! Welcome to your new sanctuary in North Pointe Estates! This spacious haven features three bedrooms and four bathrooms, offering a perfect blend of luxury and comfort. Experience warmth and relaxation by the high-efficiency German wood-burning stove, creating a cozy atmosphere on chilly evenings. Indulge your culinary passions in the modern kitchen, complete with smart appliances for effortless cooking. Stay active and refreshed with the in-home gym. Outside, unwind to the tranquil sound of a fountain in your private backyard oasis with a deck, patio, and firepit. With an attached two-car garage and the convenience of a serene cul-de-sac location, this home offers both tranquility and practicality. Don't miss out on this exceptional property - schedule your viewing today!

Last Agent to Sell the Property

Melissa Jarrell

Equity Realty Group Brokerage Phone: 618-473-2500 License #475204551 Listed on: 06/02/2024

Last Buyer's Agent

Melissa Jarrell

Equity Realty Group Brokerage Phone: 618-473-2500 License #475204551 Listed on: 06/02/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,631

Year Built

  • Built in 2007

Lot Details

  • 0.76 Acre Lot
  • Cul-De-Sac
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,513 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Finished Basement

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Hawthorn Elementary School
  • Franklin Middle School
  • Salem Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • North Pointe Estates Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 11-02-101-115

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,631

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Architectural Style: Two Story
  • New Construction: No
  • PricePerSqFt: 190.73
  • Attribution Contact: Phone: 618-473-2500
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Hood/Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Living Area: 2513
  • TotalBasementSqFt: 851
  • KitchenDining: Dining/Living Combo

Exterior Features

  • Lot Features: Cul-De-Sac
  • Road Surface Type: Curbs & Gutters, Paved
  • Construction Type: Frame, Brick Partial, Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Porch, Shed(s)
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Curbs & Gutters, Paved

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public Sewer, Public
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.76
  • Lot Size: Irregular
  • Parcel #: 11-02-101-115

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5630.6
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2024
Closed on
Jul 26, 2024
Sold by
Nazarian Alexander A and May Candace R
Bought by
Prajapati Raina K
Seller's Agent
Melissa Jarrell
Equity Realty Group
Buyer's Agent
Melissa Jarrell
Equity Realty Group
List Price
$396,000
Sold Price
$317,000
Premium/Discount to List
-$79,000
-19.95%
Views
50
Current Estimated Value
$329,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,362
Avg. Annual Appreciation
3.13%
Original Mortgage
$285,300
Outstanding Balance
$282,078
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$47,284

Purchase Details

Closed on
Mar 25, 2019
Sold by
Armstrong Robert A and Armstrong Angela M
Bought by
Nazarian Alexander A and May Candace R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2016
Sold by
Settlemoir Hyet L and Settlemoir Sheree
Bought by
Armstrong Robert A and Armstrong Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2010
Sold by
Holsapple Brian M and Holsapple Stacy A
Bought by
Settlemoir Hyet L and Settlemoir Sheree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,151
Interest Rate
5.01%
Mortgage Type
VA

Purchase Details

Closed on
Oct 5, 2007
Sold by
Silway Jeffrey K and Hodge Dennis K
Bought by
Stacy Brian M and Holsapple Stacy A

Purchase Details

Closed on
May 2, 2007
Sold by
Silvey Jeffrey R and Hodge Dennis Keith
Bought by
Silvey Jeffrey K and Hodge Dennis Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,100
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 13, 2007
Sold by
Haney Richard and Haney Annette
Bought by
Silvey Jeffrey K and Hodge Dennis Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,100
Interest Rate
6.25%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Prajapati Raina K $317,000 None Listed On Document
Nazarian Alexander A $255,000 None Available
Armstrong Robert A $255,000 --
Settlemoir Hyet L $200,000 Freedom Title
Stacy Brian M -- Freedom Title Llc
Silvey Jeffrey K -- None Available
Silvey Jeffrey K $17,500 Benchmark Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prajapati Raina K $285,300
Previous Owner Nazarian Alexander A $195,000
Previous Owner Armstrong Robert A $242,250
Previous Owner Settlemoir Hyet L $255,151
Previous Owner Silvey Jeffrey K $235,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $317,000 -3.6% $126 / Sq Ft
07/15/2024 07/15/24 Price Changed $329,000 -5.7% $131 / Sq Ft
06/30/2024 06/30/24 Price Changed $349,000 -4.6% $139 / Sq Ft
06/18/2024 06/18/24 Price Changed $366,000 -7.6% $146 / Sq Ft
06/07/2024 06/07/24 For Sale $396,000 -- $158 / 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 $5,855 $85,450 $20,740 $64,710
2023 $5,848 $79,860 $19,380 $60,480
2022 $5,631 $72,600 $17,620 $54,980
2021 $5,486 $67,850 $16,470 $51,380
2020 $5,416 $67,340 $16,350 $50,990
2019 $5,318 $64,870 $15,750 $49,120
2018 $5,331 $64,870 $15,750 $49,120
2017 $5,415 $65,190 $15,440 $49,750
2016 $5,314 $61,500 $14,570 $46,930
2015 $51 $61,500 $14,570 $46,930
2012 $49 $60,340 $14,330 $46,010
Source: Public Records

Agents Affiliated with this Home

  • Melissa Jarrell

    Seller's Agent in 2024

    Melissa Jarrell

    Equity Realty Group

    (618) 927-6342

    31 in this area

    76 Total Sales

    Melissa Jarrell
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Map

Source: RMLS Alliance

MLS Number: EB453676

RMLS Alliance

APN: 1102101115

Illinois Marion County Salem 62881

406 N Point Rd, Salem, IL

This home is located at 406 N Point Rd, Salem, IL 62881 since 02 June 2024 and is currently estimated at $329,362, approximately $131 per square foot. This property was built in 2007. 406 N Point Rd 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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