NOT LISTED FOR SALE

501 E Main St Salem, IL 62881

Estimated Value: $54,888 - $89,000

1 Bed
1 Bath
724 Sq Ft
$98/Sq Ft Est. Value

About This Home

This home is located at 501 E Main St, Salem, IL 62881 and is currently estimated at $70,972, approximately $98 per square foot. 501 E Main St 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 6, 2011
Sold by
Engel James B
Bought by
Scott Billy Ray
Current Estimated Value
$70,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,075
Outstanding Balance
$8,848
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$62,124

Purchase Details

Closed on
Jun 23, 2009
Sold by
Herriger Robert R and Herriger Joan M
Bought by
Engel James B
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
Scott Billy Ray $14,750 Quad County Title
Engel James B $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Billy Ray $25,075
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 $971 $13,180 $7,080 $6,100
2023 $975 $12,320 $6,620 $5,700
2022 $947 $11,200 $6,020 $5,180
2021 $929 $10,470 $5,630 $4,840
2020 $917 $10,390 $5,580 $4,810
2019 $926 $10,250 $5,380 $4,870
2018 $928 $10,250 $5,380 $4,870
2017 $919 $10,040 $5,270 $4,770
2016 $905 $9,470 $4,970 $4,500
2015 $9 $9,470 $4,970 $4,500
2012 $5 $5,080 $4,870 $210
Source: Public Records

Map

Illinois Marion County Salem 62881

501 E Main St, Salem, IL

Not Listed for Sale

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