$35,000
SOLD MAR 4, 2025

416 S Marion Ave Salem, IL 62881

3 Beds
1 Bath
1,468 Sq Ft
0.56 Acres

Recently Sold

$24 Per Sq Ft

42% Below List Price

173 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Level Lot
  • 2 Car Detached Garage
  • Two Story Entrance Foyer

About This Home

As of March 2025

Great potential with a remodel. Classic staircase. Lots of room. Very large lot.

Last Agent to Sell the Property

Chris Tanner

SOMER REAL ESTATE Brokerage Phone: 618-548-5123 License #475146456 Listed on: 08/01/2024

Last Buyer's Agent

Crystal Squibb

SOMER REAL ESTATE License #475204955

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $277

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 198 x 846
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,468 Sq Ft Home
  • 2-Story Property
  • Two Story Entrance Foyer
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Surveyor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1100017230

Home Details

Home Type

Single Family

Est. Annual Taxes

$277

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Architectural Style: Two Story
  • New Construction: No
  • PricePerSqFt: 23.84
  • Attribution Contact: Phone: 618-548-5123
  • Special Features: None

Interior Features

  • Appliances: None
  • Basement: Unfinished, Walk Out
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Foyer - 2 Story
  • Living Area: 1468
  • TotalBasementSqFt: 896
  • KitchenDining: Pantry

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Aluminum Siding
  • Exterior Features: Deck
  • Foundation Details: Poured Concrete
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater
  • Water Source: Public Sewer, Public
  • NumberOfGarageRemotes: 0
  • UtilitiesOnYN: No

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: 198 x 846
  • Parcel #: 1100017230
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 277.34
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Mar 4, 2025
Sold by
Hancock Sandra K
Bought by
Charlton Joshua and Weathers Lakeisha
Seller's Agent
Chris Tanner
SOMER REAL ESTATE
Buyer's Agent
Crystal Squibb
SOMER REAL ESTATE
List Price
$60,000
Sold Price
$35,000
Premium/Discount to List
-$25,000
-41.67%
Views
381
Current Estimated Value
$51,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,436
Avg. Annual Appreciation
124.00%
Original Mortgage
$28,000
Outstanding Balance
$27,977
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
$23,985
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Executors Deed $35,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $28,000 Credit Line Revolving
Previous Owner $48,200 New Conventional
Previous Owner $40,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 Sold $35,000 -20.5% $24 / Sq Ft
12/30/2024 12/30/24 Price Changed $44,000 -12.0% $30 / Sq Ft
10/17/2024 10/17/24 Price Changed $50,000 -16.7% $34 / Sq Ft
08/01/2024 08/01/24 For Sale $60,000 -- $41 / 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 $1,821 $24,710 $4,560 $20,150
2023 $243 $23,090 $4,260 $18,830
2022 $260 $20,990 $3,870 $17,120
2021 $272 $19,620 $3,620 $16,000
2020 $271 $19,470 $3,590 $15,880
2019 $277 $19,190 $3,460 $15,730
2018 $278 $19,190 $3,460 $15,730
2017 $281 $18,810 $3,390 $15,420
2016 $669 $17,750 $3,200 $14,550
2015 $3 $17,750 $3,200 $14,550
2012 $7 $17,600 $3,140 $14,460
Source: Public Records

Agents Affiliated with this Home

  • Chris Tanner

    Seller's Agent in 2025

    Chris Tanner

    SOMER REAL ESTATE

    (618) 332-2262

    52 in this area

    99 Total Sales

    Chris Tanner
    Section Image
  • Crystal Squibb

    Buyer's Agent in 2025

    Crystal Squibb

    SOMER REAL ESTATE

    (618) 292-6333

    19 in this area

    48 Total Sales

    Crystal Squibb
    Section Image
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Map

Source: RMLS Alliance

MLS Number: EB454528

RMLS Alliance

APN: 1100017230

Illinois Marion County Salem 62881

416 S Marion Ave, Salem, IL

This home is located at 416 S Marion Ave, Salem, IL 62881 and is currently priced at $35,000, approximately $23 per square foot. This property was built in 1900. 416 S Marion Ave 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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