NOT LISTED FOR SALE

506 Willow Place Salem, IL 62881

Estimated Value: $151,000 - $211,000

3 Beds
2 Baths
1,546 Sq Ft
$122/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2024

Last sale price $170,000 $110 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,278 / mo

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

8,059 Sq Ft Lot

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 27, 2024
Sold by
Bought by
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
$189,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,241
Avg. Annual Appreciation
6.39%
Original Mortgage
$136,000
Outstanding Balance
$134,644
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$54,597
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $136,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Chad Wilkins

    Seller's Agent in 2024

    Chad Wilkins

    Real Broker LLC

    (618) 214-0953

    87 Total Sales

    Chad Wilkins
    Section Image
  • Cynthia Bevis

    Buyer's Agent in 2024

    Cynthia Bevis

    King City Property Brokers

    (618) 315-0392

    170 Total Sales

    Cynthia Bevis
    Section Image
See All Agents

Map

Source: MARIS MLS

MLS Number: MIS24048637

MARIS MLS

APN: 1100025140

Illinois Marion County Salem 62881

506 Willow Place, Salem, IL

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.

MARIS MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.