NOT LISTED FOR SALE

5062 Us Highway 50 Salem, IL 62881

Estimated Value: $106,000 - $191,000

2 Beds
1 Bath
1,122 Sq Ft
$138/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $135,000 $120 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $970/month

2 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Garage

About This Home

As of November 2021

Absolutely adorable house with solid as a rock construction - literally, concrete blocks on a slab. 4.8 acres at towns edge. Cute open kitchen with light Maple cabinets, all appliances stay including washer and dryer. Bedrooms have crown molding and deep closets. Up to date bathroom with very nice walk-in shower. Attached garage. Wonderful 25x15 covered patio with a view of the acreage - large mowed yard for playing and a couple of acres of woods for exploring. Well appointed 30x40 detached garage/building is drywalled, insulated, has hanging furnace and 2 overhead doors. Very nice property inside and out with a very convenient location!

Last Agent to Sell the Property

Penny Crain

SOMER REAL ESTATE License #471008446 Listed on: 09/10/2021

Last Buyer's Agent

Trudie Smith

SOMER REAL ESTATE License #475178075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1959

Lot Details

  • 4.8

Parking

  • Garage

Home Design

  • Ranch Style House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Salem Elementary School

Additional Features

  • 1 Full Bathroom
  • Patio
  • Aerobic Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$860

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: Pt NW C W Sd W half SE, Stevenson Twp
  • Lvt Date: 09/10/2021
  • Year Built: 1959
  • Ada Features: Level
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave Oven, Refrigerator, Range/Oven, Washer
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 12.06x10.05, On Level: Main, Flooring: Carpet
  • Basement Foundation: Slab
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 12.05x10.05, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Kitchen: Dimensions: 22.06x12.06, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Eat-In Kitchen
  • Laundry: Dimensions: 12x5.06, On Level: Main, Flooring: Laminate
  • Living Room: Dimensions: 17.06x12, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 120.32
  • Finished Sq Ft: 1122
  • Total Sq Ft: 1122
  • Finished Main Level Sq Ft: 1122

Exterior Features

  • Exterior Amenities: Patio
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, Detached
  • Garage Yn: Yes
  • Number Of Garage Remotes: 1

Utilities

  • Heating Cooling: Gas, Central Air
  • Utilities On: Yes
  • Water Sewer: Aerator/Aerobic, Public Water
  • Utility Companies: Raccoon Water Co, Liberty Gas, Tri Co Electric

Schools

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

Lot Info

  • Estimated Lot Size: 165x1290
  • Estimated Number of Acres: 4.8
  • Lot Description: Fruit Trees
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 860
  • Parcel Id Number Tax Id: 12-07-400-005
  • Tax Exemptions: Homestead Improvement, Homestead/Owner Occupied, Senior Freeze
  • Tax Year: 2021

MLS Schools

  • High School School District: Salem Community High School
  • Middle School: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 21, 2021
Sold by
Fodero Tressie M
Bought by
Easley Danny L
Seller's Agent
Penny Crain
SOMER REAL ESTATE
Buyer's Agent
Trudie Smith
SOMER REAL ESTATE
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$155,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,073
Avg. Annual Appreciation
2.18%
Original Mortgage
$137,373
Outstanding Balance
$127,630
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$18,951

Purchase Details

Closed on
Nov 6, 2007
Sold by
Collier Michelle D
Bought by
Fodero John G and Fodero Tressie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Easley Danny L $135,000 None Available
Fodero John G $29,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Easley Danny L $137,373
Previous Owner Fodero John G $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $135,000 -3.5% $120 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $139,900 -- $125 / 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 $1,524 $30,860 $11,950 $18,910
2023 $1,494 $28,840 $11,170 $17,670
2022 $1,412 $26,210 $10,150 $16,060
2021 $837 $24,500 $9,490 $15,010
2020 $837 $23,770 $9,210 $14,560
2019 $860 $22,900 $8,870 $14,030
2018 $872 $22,900 $8,870 $14,030
2017 $1,108 $28,190 $4,800 $23,390
2016 $1,129 $27,110 $4,620 $22,490
2015 $11 $27,110 $4,620 $22,490
2012 $9 $26,570 $4,520 $22,050
Source: Public Records

Agents Affiliated with this Home

  • Penny Crain

    Seller's Agent in 2021

    Penny Crain

    SOMER REAL ESTATE

    (618) 548-5123

    127 Total Sales

    Penny Crain
    Section Image

  • T

    Buyer's Agent in 2021

    Trudie Smith

    SOMER REAL ESTATE

    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: EB441232

RMLS Alliance

APN: 1207400005

Illinois Marion County Salem 62881

5062 Us Highway 50, Salem, IL

This home is located at 5062 Us Highway 50, Salem, IL 62881 since 10 September 2021 and is currently estimated at $155,073, approximately $138 per square foot. This property was built in 1959. 5062 Us Highway 50 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.

Nearby Homes