$170,000
SOLD SEP 27, 2024

506 Willow Place Salem, IL 62881

3 Beds
2 Baths
1,546 Sq Ft
8,059 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

5% Below List Price

23 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating System
  • Cooling Available

About This Home

As of September 2024

Welcome to your dream home in a serene and quiet subdivision! This charming 3-bedroom, 2-bathroom residence offers the perfect blend of comfort and convenience. Located just minutes away from top-rated schools, shopping centers, and all essential amenities, this home is ideal for families and professionals alike.Outside, enjoy the beautifully landscaped yard, perfect for relaxing or hosting summer barbecues. The quiet neighborhood streets are perfect for evening strolls or bike rides.Don’t miss your chance to make this wonderful house your new home. Schedule a showing today!

Last Agent to Sell the Property

Chad Wilkins

Real Broker LLC License #475.200049 Listed on: 08/08/2024

Last Buyer's Agent

Cynthia Bevis

King City Property Brokers License #471001077

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1990

Lot Details

  • 8,059 Sq Ft Lot
  • Lot Dimensions are 85' x 95'

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,546 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Salem Dist 111 Elementary And Middle School
  • Salem Community High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Workshop Area

Listing and Financial Details

  • Assessor Parcel Number 1100025140

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,626

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub-Type: Residential
  • Lot Size Acres: 0.185
  • Reso Association Amenities: Workshop Area
  • Co List Office Phone: 4235891
  • Subdivision Name: Lost Hollow Sub
  • Above Grade Finished Sq Ft: 1546
  • Carport Y N: No
  • Reso Fireplace Features: None
  • Unit Levels: One
  • Age: 34
  • Style Description: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Unknown, Sellers Discl. Avail

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Attached Garage: Yes
  • Parking Features: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: SALEM DIST 111
  • Junior High Dist: SALEM DIST 111
  • High School: Salem Community
  • Middle Or Junior School: SALEM DIST 111

Lot Info

  • Lot Dimensions: 85' x 95'
  • Lot Size Sq Ft: 8059
  • Parcel Number: 1100025140

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1626
  • Prop Asses Cty Tx: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 27, 2024
Sold by
Boggs James E and Boggs Phyllis A
Bought by
Shartzer Sandra L and Spicer David
Seller's Agent
Chad Wilkins
Real Broker LLC
Buyer's Agent
Cynthia Bevis
King City Property Brokers
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%
Views
41
Current Estimated Value
$179,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,952
Avg. Annual Appreciation
2.66%
Original Mortgage
$136,000
Outstanding Balance
$134,771
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$39,475
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $170,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $170,000 -2.3% $110 / Sq Ft
08/31/2024 08/31/24 Pending -- -- --
08/22/2024 08/22/24 Price Changed $174,000 -2.8% $113 / Sq Ft
08/08/2024 08/08/24 For Sale $179,000 +5.3% $116 / Sq Ft
08/01/2024 08/01/24 Off Market $170,000 -- --
Source: MARIS MLS

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 $3,073 $52,700 $13,400 $39,300
2023 $1,523 $49,250 $12,520 $36,730
2022 $1,626 $44,770 $11,380 $33,390
2021 $1,706 $41,850 $10,640 $31,210
2020 $1,698 $41,530 $10,560 $30,970
2019 $1,737 $40,010 $10,170 $29,840
2018 $1,741 $40,010 $10,170 $29,840
2017 $1,759 $40,100 $9,970 $30,130
2016 $1,794 $37,830 $9,410 $28,420
2015 $18 $37,830 $9,410 $28,420
2012 $18 $37,090 $9,230 $27,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24048637

MARIS MLS

APN: 1100025140