NOT LISTED FOR SALE

501 E Boone St Salem, IL 62881

Estimated Value: $81,284 - $98,000

2 Beds
1 Bath
1,043 Sq Ft
$85/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2023

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

Est. 70% increase in value since last sale

Current estimated payment $591 / mo

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

6,970 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Mar 24, 2023
Sold by
Bought by
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
199
Current Estimated Value
$88,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,321
Avg. Annual Appreciation
17.76%
Original Mortgage
$51,058
Outstanding Balance
$49,489
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$38,832

Purchase Details

Closed on
Dec 1, 2008
Sold by
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$30,000 Quad County Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $51,058
Previous Owner $61,660
Closed $2,080
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    202 Total Sales

    Stacey Russell
    Section Image
  • Christy Gillett

    Buyer's Agent in 2023

    Christy Gillett

    SOMER REAL ESTATE

    (618) 315-8847

    91 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

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RMLS Alliance All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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