NOT LISTED FOR SALE

501 N Illinois Ave Salem, IL 62881

Estimated Value: $100,000 - $137,000

2 Beds
1 Bath
958 Sq Ft
$118/Sq Ft Est. Value

About This Home

This home is located at 501 N Illinois Ave, Salem, IL 62881 and is currently estimated at $113,519, approximately $118 per square foot. 501 N Illinois Ave 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
Jul 10, 2017
Sold by
Heinzmann Tyler L
Bought by
White Allen B
Current Estimated Value
$113,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,440
Outstanding Balance
$61,117
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$52,402

Purchase Details

Closed on
Jun 10, 2014
Sold by
Marion County Sheriff
Bought by
Heinzmann Tyler

Purchase Details

Closed on
Jul 9, 2008
Sold by
Hempen David Allen and Hempen Michael
Bought by
Goddrd George L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,225
Interest Rate
6.39%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

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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
White Allen B $68,000 Quad County Title
Heinzmann Tyler -- --
Goddrd George L $28,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Allen B $73,440
Previous Owner Goddrd George L $58,225
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 -- $30,470 $3,960 $26,510
2023 -- $28,480 $3,700 $24,780
2022 $0 $25,890 $3,360 $22,530
2021 $1,614 $24,200 $3,140 $21,060
2020 $1,590 $24,010 $3,110 $20,900
2019 $1,551 $23,130 $3,000 $20,130
2018 $1,551 $23,130 $3,000 $20,130
2017 $2,075 $22,680 $2,940 $19,740
2016 $2,046 $21,420 $2,770 $18,650
2015 $20 $21,420 $2,770 $18,650
2012 $13 $21,000 $2,710 $18,290
Source: Public Records

Map

Illinois Marion County Salem 62881

501 N Illinois Ave, Salem, IL

This home is located at 501 N Illinois Ave, Salem, IL 62881 and is currently estimated at $113,519, approximately $118 per square foot. 501 N Illinois Ave is a home located in Marion County with nearby schools including Franklin Park Middle School, Hawthorn Elementary School, and Salem Community High School.

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