NOT LISTED FOR SALE

501 Willow Place Salem, IL 62881

Estimated Value: $223,000 - $279,000

3 Beds
2 Baths
2,440 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $187,500 $77 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,705/month

225 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Garage
  • Fenced Yard
  • Ceiling Fan

About This Home

As of June 2018

Beautiful three bedroom home in a cul-de-sac neighborhood. Gas fireplace in the great room open to the kitchen. Formal dining room. Spacious three car garage. Fenced yard with patio and waterfall accent rock garden area. Master suite with two walk in closets. Master bath has jetted tub and separate shower. Items replaced:Toilets, ceiling fans, screen doors, garage doors, and front door. Range, refrigerator, dishwasher, microwave.

Last Agent to Sell the Property

Chris Tanner

SOMER REAL ESTATE License #475146456 Listed on: 10/04/2017

Last Buyer's Agent

Mike Hammond

Equity Realty Group License #471020760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,416

Year Built

  • Built in 1996

Lot Details

  • 0.34

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Schools

  • Salem Elementary School

Additional Features

  • Patio
  • Fenced Yard
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,416

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Unit Style: 1-Level
  • Legal Description: Lost Hollow sub Lot 1 Exc 50ft x 125ft, Lost Hollow Sub. Lot 12 Exc E 12ft, Irwin Hull Replat 50ft x
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave Oven, Refrigerator, Range/Oven, Washer
  • Fireplace: Gas Logs
  • Interior Amenities: Cable Tv Available, Garage Door Opener(s), Blinds, Ceiling Fan
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Main Level Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: On Level: Main
  • Basement Foundation: Crawl Space
  • Bedroom 2: Dimensions: 13x13.5, On Level: Main, Flooring: Carpet
  • Bedroom 3: Dimensions: 11.5x11.75, On Level: Main
  • Family Room: Dimensions: 18x19.75, On Level: Main, Flooring: Carpet
  • Formal Dining Room: Dimensions: 10.5x13, On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 21x19.5, On Level: Main, Flooring: Tile
  • Laundry: Dimensions: 6x6.5, On Level: Main, Flooring: Tile
  • Living Room: Dimensions: 16x16.75, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 76.84
  • Finished Sq Ft: 2440
  • Total Sq Ft: 2440
  • Finished Main Level Sq Ft: 2440

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Amenities: Fenced Yard, Patio, Shed
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes

Utilities

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

Schools

  • Elementary School: Salem
  • High School: Salem Community High School
  • Elementary School: Salem

Lot Info

  • Lot Description: Corner, Cul-De-Sac
  • Zoning: Residential
  • Subdivision: Lost Hollow
  • Additional Assessor Parcel Numbers: 1100025156 1100018767
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 4416.34
  • Parcel Id Number Tax Id: 1100025102
  • Tax Exemptions: Homestead/Owner Occupied
  • 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
Oct 4, 2017
Closed on
Jun 11, 2018
Sold by
Baylis James E and Baylis Patricia L
Bought by
Harrison Donald G and Harrison Florie Z
Seller's Agent
Chris Tanner
SOMER REAL ESTATE
Buyer's Agent
Mike Hammond
Equity Realty Group
List Price
$229,900
Sold Price
$187,500
Premium/Discount to List
-$42,400
-18.44%
Current Estimated Value
$242,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,047
Avg. Annual Appreciation
3.65%

Purchase Details

Closed on
Nov 16, 2010
Sold by
Reynolds Sean T and Reynolds Jennifer K
Bought by
Anderson Douglas A and Anderson Sharon Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Harrison Donald G $187,500 Larimer Abstract & Title
Anderson Douglas A $185,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baylis James E $132,200
Previous Owner Anderson Douglas A $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2018 06/18/18 Sold $187,500 -18.4% $77 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
10/04/2017 10/04/17 For Sale $229,900 +6.7% $94 / Sq Ft
11/18/2013 11/18/13 Sold $215,500 -4.2% $78 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
09/24/2013 09/24/13 For Sale $224,900 -- $82 / 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 $4,590 $73,290 $4,340 $68,950
2023 $4,552 $68,500 $4,060 $64,440
2022 $4,335 $62,270 $3,690 $58,580
2021 $4,187 $58,200 $3,450 $54,750
2020 $4,128 $57,760 $3,430 $54,330
2019 $4,033 $55,640 $3,300 $52,340
2018 $4,042 $55,640 $3,300 $52,340
2017 $4,179 $51,680 $3,240 $48,440
2016 $4,097 $48,760 $3,060 $45,700
2015 $39 $48,760 $3,060 $45,700
2012 $38 $47,800 $3,000 $44,800
Source: Public Records

Agents Affiliated with this Home

  • Chris Tanner

    Seller's Agent in 2018

    Chris Tanner

    SOMER REAL ESTATE

    (618) 332-2262

    52 in this area

    99 Total Sales

    Chris Tanner
    Section Image
  • Mike Hammond

    Buyer's Agent in 2018

    Mike Hammond

    Equity Realty Group

    (618) 292-8442

    60 in this area

    130 Total Sales

    Mike Hammond
    Section Image

  • K

    Seller's Agent in 2013

    Karla VanSchoyck

    Century 21 Realty Concepts

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAEB416333

RMLS Alliance

APN: 1100025102

Illinois Marion County Salem 62881

501 Willow Place, Salem, IL

This home is located at 501 Willow Place, Salem, IL 62881 since 04 October 2017 and is currently estimated at $242,547, approximately $99 per square foot. This property was built in 1996. 501 Willow Place is a home located in Marion County with nearby schools including Franklin Park Middle School, Hawthorn Elementary School, and Salem Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance 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.

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