NOT LISTED FOR SALE

502 Holly Place Salem, IL 62881

Estimated Value: $277,881 - $344,000

4 Beds
2 Baths
3,295 Sq Ft
$92/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $190,000 $58 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,044/month

327 Days on Market

Highlights

  • Spa
  • Patio
  • Garage
  • Deck
  • Ceiling Fan

About This Home

As of November 2019

MOTIVATED SELLERS!! You will love this beautiful 2 story home located in Lost Hollow Subdivision. A true family home boasting of over 3,200 sq. ft of living space and a two-car attached garage. 4 bedrooms, 2.5 baths and a family gathering place on each floor of the home with its own cozy fireplace is only a small part of the ''WOW'' factor. The owners have gone above and beyond while remodeling making this their dream home. Come see for yourself the high-end quality exhibited as you walk from room to room. Beautiful hardwood and engineered hardwood along with tile and marble flooring. The counter tops in the baths and kitchen have been updated to quartz. The family area in the basement feels warm and cozy with plenty of room to entertain, the wet bar has beautiful quartz counters Cooktop, double oven, dishwasher, disposal, microhood, refrigerator, blinds, security system

Last Agent to Sell the Property

April Williams

JEFF DUNAHEE REALTY License #475159143 Listed on: 11/02/2018

Last Buyer's Agent

Jacklynn Ice

Equity Realty Group License #475173038

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1979

Lot Details

  • 8,712

Home Design

  • Frame Construction

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Sump Pump

Kitchen

  • Range Hood
  • Dishwasher
  • Disposal

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

  • Salem Elementary School

Utilities

  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,602

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Unit Style: 1-Level
  • Legal Description: Lost Hollow Sub Lot 23
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Hood/Fan, Refrigerator
  • Fireplace: Gas Logs, Wood Burning
  • Interior Amenities: Cable Tv Available, Garage Door Opener(s), Blinds, Ceiling Fan, Window Coverings
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Number of Half Bathrooms in the Basement: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 14.1x17.5, On Level: Main, Flooring: Laminate
  • Basement Foundation: Partially Finished
  • Bedroom 2: Dimensions: 11.5x13.2, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 15.5x11.6, On Level: Upper, Flooring: Carpet
  • Bedroom 4: Dimensions: 16.7x12, On Level: Upper, Flooring: Carpet
  • Family Room: Dimensions: 13.5x23.7, On Level: Main, Flooring: Hardwood
  • Formal Dining Room: Dimensions: 13.9x11.4, On Level: Basement, Flooring: Hardwood
  • Kitchen: Dimensions: 21x12, On Level: Main
  • Kitchen Dining: Pantry
  • Living Room: Dimensions: 23.11x11.1, On Level: Main, Flooring: Hardwood
  • Basement Finished Sq Ft: 836
  • Rec Room: Dimensions: 38.1x12.4, On Level: Basement, Flooring: Hardwood
  • Additional Room 1: Dimensions: 8.2x6.11, On Level: Basement
  • Additional Room 2: Dimensions: 15.1x16.8, On Level: Basement, Flooring: Hardwood
  • Price Per Sq Ft: 77.27
  • Finished Sq Ft: 3295
  • Total Sq Ft: 2459
  • Finished Main Level Sq Ft: 2459

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Amenities: Deck, Patio, Hot Tub
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes

Utilities

  • Heating Cooling: Electric, Gas, Forced Air, Central Air
  • Water Sewer: Public Water, Public Sewer, Sump Pump
  • Utility Companies: City of Salem City of Salem Ameren

Schools

  • Elementary School: Salem

Lot Info

  • Estimated Lot Size: 89.84x95
  • Estimated Number of Acres: 0.2
  • Lot Description: Corner, Cul-De-Sac
  • Zoning: Residential
  • Subdivision: Lost Hollow
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 4602
  • Parcel Id Number Tax Id: 1100025210
  • Tax Exemptions: Senior Homestead
  • Tax Year: 2018

MLS Schools

  • High School School District: Salem Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Oct 18, 2019
Sold by
Roberts Mary L and Roberts Chad
Bought by
Moore Scott A and Moore Brittany A
Seller's Agent
April Williams
JEFF DUNAHEE REALTY
Buyer's Agent
Jacklynn Ice
Equity Realty Group
List Price
$224,900
Sold Price
$190,000
Premium/Discount to List
-$34,900
-15.52%
Current Estimated Value
$301,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,970
Avg. Annual Appreciation
8.04%
Original Mortgage
$186,558
Outstanding Balance
$164,650
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$137,320
Source: Public Records

Range of Values:

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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
Moore Scott A $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Scott A $186,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2019 11/01/19 Sold $190,000 -15.5% $58 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
11/02/2018 11/02/18 For Sale $224,900 -- $68 / 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 $5,558 $81,420 $15,180 $66,240
2023 $5,550 $76,100 $14,190 $61,910
2022 $5,341 $69,180 $12,900 $56,280
2021 $5,203 $64,660 $12,060 $52,600
2020 $5,136 $64,170 $11,970 $52,200
2019 $4,591 $61,820 $11,530 $50,290
2018 $4,602 $61,820 $11,530 $50,290
2017 $4,703 $62,410 $11,300 $51,110
2016 $5,064 $58,880 $10,660 $48,220
2015 $48 $58,880 $10,660 $48,220
2012 $47 $57,720 $10,450 $47,270
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    April Williams

    JEFF DUNAHEE REALTY

    Section Image
  • Jacklynn Ice

    Buyer's Agent in 2019

    Jacklynn Ice

    Equity Realty Group

    (618) 367-0703

    30 in this area

    55 Total Sales

    Jacklynn Ice
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAEB424380

RMLS Alliance

APN: 1100025210

Illinois Marion County Salem 62881

502 Holly Place, Salem, IL

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