NOT LISTED FOR SALE

501 E Mitchell St Salem, IL 62881

Estimated Value: $73,000 - $109,673

2 Beds
1 Bath
1,024 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 07, 2018

Last sale price $39,500 $39 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $664/month

151 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Ceiling Fan
  • Sun or Florida Room

About This Home

As of June 2018

MOTIVATED SELLER! Lot is very slightly irregular. Enclosed front porch. Large fenced in back yard provides lots of room for children to play and pets to roam. Newer kitchen cabinet doors & appliances. Lots of hardwood floors. none

Last Agent to Sell the Property

John Wright

Rod Snow, INC. License #475.085447 Listed on: 11/27/2017

Last Buyer's Agent

Penny Crain

SOMER REAL ESTATE License #471008446

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $925

Year Built

  • Built in 1929

Lot Details

  • 0.35

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan
  • Sun or Florida Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Schools

  • Salem Elementary School

Additional Features

  • Fenced Yard
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$925

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Unit Style: 1-Level
  • Legal Description: GEO. E. LESTER ADD. LOTS 3 & 4 BLOCK 13
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave Oven, Refrigerator, Range/Oven
  • Interior Amenities: Cable Tv Available, Ceiling Fan
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Basement Foundation: Unfinished
  • Bedroom 2: Dimensions: 11.2x12.4, On Level: Main, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11x12, On Level: Main, Flooring: Hardwood
  • Informal Dining Room: Dimensions: 7.6x12, On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 10x15, On Level: Main, Flooring: Vinyl
  • Living Room: Dimensions: 14.6x20.6
  • Price Per Sq Ft: 38.57
  • Finished Sq Ft: 1024
  • Total Sq Ft: 1024
  • Finished Main Level Sq Ft: 1024

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Fenced Yard, Porch/3-Season
  • Roofing: Shingles
  • Construction Type: Frame

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Water, Public Sewer
  • Utility Companies: Ameren city Ameren

Schools

  • Elementary School: Salem

Lot Info

  • Estimated Lot Size: 115x134.1
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 924.64
  • Parcel Id Number Tax Id: 1100010536
  • Tax Exemptions: Senior Homestead
  • Tax Year: 2016

MLS Schools

  • High School School District: Salem Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2017
Closed on
Jun 4, 2018
Sold by
Teel Gary E
Bought by
Marshall Patricia L
Seller's Agent
John Wright
Rod Snow, INC.
Buyer's Agent
Penny Crain
SOMER REAL ESTATE
List Price
$44,900
Sold Price
$39,500
Premium/Discount to List
-$5,400
-12.03%
Current Estimated Value
$89,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,472
Avg. Annual Appreciation
11.39%
Original Mortgage
$67,200
Outstanding Balance
$58,117
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$31,051

Purchase Details

Closed on
May 10, 2013
Sold by
Evans Lee J and Evans Glenda F
Bought by
Teel Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,600
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marshall Patricia L $39,500 Quad County Title
Teel Gary E $48,000 Quad County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Patricia L $67,200
Previous Owner Teel Gary E $37,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2018 06/07/18 Sold $39,500 -12.0% $39 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
11/27/2017 11/27/17 For Sale $44,900 -- $44 / 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 $2,321 $37,500 $5,530 $31,970
2023 $2,300 $35,050 $5,170 $29,880
2022 $1,259 $31,860 $4,700 $27,160
2021 $1,199 $19,520 $4,390 $15,130
2020 $1,180 $19,370 $4,360 $15,010
2019 $1,144 $18,660 $4,200 $14,460
2018 $1,022 $17,290 $4,200 $13,090
2017 $1,002 $16,950 $4,120 $12,830
2016 $925 $15,990 $3,890 $12,100
2015 $9 $15,990 $3,890 $12,100
2012 $8 $15,170 $3,810 $11,360
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    John Wright

    Rod Snow, INC.

  • Penny Crain

    Buyer's Agent in 2018

    Penny Crain

    SOMER REAL ESTATE

    (618) 548-5123

    63 in this area

    126 Total Sales

    Penny Crain
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Map

Source: RMLS Alliance

MLS Number: RMAEB417347

RMLS Alliance

APN: 1100010536

Illinois Marion County Salem 62881

501 E Mitchell St, Salem, IL

Not Listed for Sale

Detached

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