NOT LISTED FOR SALE

5060 Woodard School Rd Salem, IL 62881

Estimated Value: $146,000 - $227,415

3 Beds
3 Baths
1,880 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $196,000 $104 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,118/month

About This Home

As of April 2024

Updated and move in ready just in time for summer outdoor activities! This recently remodeled 2 story home sits among mature trees with 6 acres. Home has new drywall, paint, and flooring. Also new kitchen cabinets and countertops, bathroom vanities, lighting in the home, added insulation and some plumbing updates. 2 brand new furnaces and 2 new air conditioners for the cool night and hot days. Wonderful space inside and out. If you are searching for an updated home in some acreage yet not too far from amenities, call today! Selmaville grade school and Salem High School districts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 26, 2024
Sold by
Lipe Brian W
Bought by
Mcmeen Mason O and Mcmeen Joely R
Seller's Agent
Stacey Russell
SOMER REAL ESTATE
Buyer's Agent
Jayme Michel
Equity Realty Group
List Price
$219,900
Sold Price
$196,000
Premium/Discount to List
-$23,900
-10.87%
Views
89
Current Estimated Value
$194,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,582
Avg. Annual Appreciation
0.54%
Original Mortgage
$194,300
Interest Rate
7.25%
Mortgage Type
VA

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jul 21, 2023
Sold by
Shelton Larry Paul and Shelton Janet Kay
Bought by
Lipe Brian W
Seller's Agent
Stacey Russell
SOMER REAL ESTATE
Buyer's Agent
Stacey Russell
SOMER REAL ESTATE
List Price
$105,000
Sold Price
$95,000
Premium/Discount to List
-$10,000
-9.52%
Views
208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
159.33%
Original Mortgage
$76,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2023
Sold by
Carlson Letha Kay
Bought by
Shelton Larry Paul and Shelton Janet Kay

Purchase Details

Closed on
Oct 28, 2019
Sold by
Shelton Larry Paul and Shelton Janet Kay
Bought by
Carlson Letha Kay and Bertschi Lana Louise
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Mcmeen Mason O $196,000 None Listed On Document
Lipe Brian W $95,000 None Listed On Document
Shelton Larry Paul -- --
Carlson Letha Kay -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmeen Mason O $199,600
Closed Mcmeen Mason O $194,300
Previous Owner Lipe Brian W $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $196,000 -10.9% $104 / Sq Ft
03/22/2024 03/22/24 For Sale $219,900 +131.5% $117 / Sq Ft
07/24/2023 07/24/23 Sold $95,000 -9.5% $43 / Sq Ft
04/24/2023 04/24/23 For Sale $105,000 -- $47 / Sq Ft

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 $713 $52,970 $9,970 $43,000
2023 $1,717 $49,510 $9,320 $40,190
2022 $1,865 $45,010 $8,470 $36,540
2021 $1,969 $42,070 $7,920 $34,150
2020 $2,799 $40,810 $7,680 $33,130
2019 $2,762 $39,320 $7,400 $31,920
2018 $2,177 $39,220 $7,300 $31,920
2017 $2,342 $38,450 $7,160 $31,290
2016 $2,308 $36,970 $6,880 $30,090
2015 $22 $36,970 $6,880 $30,090
2012 $24 $41,210 $2,430 $38,780
Source: Public Records

Agents Affiliated with this Home

  • Stacey Russell

    Seller's Agent in 2024

    Stacey Russell

    SOMER REAL ESTATE

    (618) 322-4321

    216 Total Sales

    Section Image
  • Jayme Michel

    Buyer's Agent in 2024

    Jayme Michel

    Equity Realty Group

    (618) 292-7938

    120 Total Sales

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Map

Illinois Marion County Salem 62881

5060 Woodard School Rd, Salem, IL

This home is located at 5060 Woodard School Rd, Salem, IL 62881 and is currently estimated at $199,854, approximately $106 per square foot. 5060 Woodard School Rd is a home located in Marion County with nearby schools including Selmaville 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.

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