NOT LISTED FOR SALE

501 E Boone St Salem, IL 62881

Estimated Value: $77,000 - $101,000

2 Beds
1 Bath
1,043 Sq Ft
$84/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $52,000 $50 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $550/month

5 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Central Heating
  • Porch
  • Bungalow
  • Level Lot

About This Home

As of March 2023

Move in ready home with fresh paint and refinished hardwood floors. Kitchen appliances included. Arched doorway to breakfast nook adds to the charm. Located a block down the road from Salem High School. Unfinished basement is perfect for storage or hobbies. Enjoy a cookout on the back deck. Call for an appointment.

Last Agent to Sell the Property

Stacey Russell

SOMER REAL ESTATE License #471017953 Listed on: 01/19/2023

Last Buyer's Agent

Christy Gillett

SOMER REAL ESTATE License #475195501

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 1939

Lot Details

  • Lot Dimensions are 60x120
  • Level Lot

Home Design

  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,043 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Utilities

  • Central Heating
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Oak Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-00-014-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,732

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1939
  • Architectural Style: Bungalow
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1043
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame, Aluminum Siding
  • Exterior Features: Porch
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Other

Utilities

  • Heating: Gas, Central Air
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

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

Lot Info

  • Lot Size: 60x120
  • Parcel #: 11-00-014-010

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1732
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Mar 24, 2023
Sold by
Roepke Nicola E
Bought by
Maxey Kaitlyn M
Seller's Agent
Stacey Russell
SOMER REAL ESTATE
Buyer's Agent
Christy Gillett
SOMER REAL ESTATE
List Price
$59,500
Sold Price
$52,000
Premium/Discount to List
-$7,500
-12.61%
Views
200
Current Estimated Value
$83,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,271
Avg. Annual Appreciation
20.84%
Original Mortgage
$51,058
Outstanding Balance
$49,489
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$38,351

Purchase Details

Closed on
Dec 1, 2008
Sold by
Morris Joshua D and Morris Nicole R
Bought by
Casner Nicola E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,660
Interest Rate
6.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maxey Kaitlyn M -- --
Casner Nicola E $30,000 Quad County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxey Kaitlyn M $51,058
Previous Owner Casner Nicola E $61,660
Closed Maxey Kaitlyn M $2,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $52,000 -12.6% $50 / Sq Ft
02/05/2023 02/05/23 For Sale $59,500 0.0% $57 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $59,500 -- $57 / 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 $1,368 $24,570 $6,330 $18,240
2023 $1,819 $22,970 $5,920 $17,050
2022 $1,765 $20,880 $5,380 $15,500
2021 $1,732 $19,520 $5,030 $14,490
2020 $1,180 $19,370 $4,990 $14,380
2019 $1,144 $18,660 $4,810 $13,850
2018 $1,130 $18,480 $4,810 $13,670
2017 $1,109 $18,120 $4,720 $13,400
2016 $1,073 $17,090 $4,450 $12,640
2015 $10 $17,090 $4,450 $12,640
2012 $10 $16,760 $4,370 $12,390
Source: Public Records

Agents Affiliated with this Home

  • Stacey Russell

    Seller's Agent in 2023

    Stacey Russell

    SOMER REAL ESTATE

    (618) 322-4321

    76 in this area

    214 Total Sales

    Stacey Russell
    Section Image
  • Christy Gillett

    Buyer's Agent in 2023

    Christy Gillett

    SOMER REAL ESTATE

    (618) 315-8847

    38 in this area

    76 Total Sales

    Christy Gillett
    Section Image
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Map

Source: RMLS Alliance

MLS Number: EB447543

RMLS Alliance

APN: 1100014010

Illinois Marion County Salem 62881

501 E Boone St, Salem, IL

Not Listed for Sale

Detached

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