NOT LISTED FOR SALE

508 E Elm St Salem, IL 62881

Estimated Value: $49,000 - $81,000

3 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

About This Home

This home is located at 508 E Elm St, Salem, IL 62881 and is currently estimated at $65,000. 508 E Elm St is a home located in Marion County with nearby schools including Franklin Park Middle School, Hawthorn Elementary School, and Salem Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Hancock Donald and Hancock Debra
Bought by
Dial Property Llc
Current Estimated Value
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,489
Outstanding Balance
$229,238
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
-$164,238

Purchase Details

Closed on
Mar 1, 2023
Sold by
Hancock Brian and Hancock Jennifer
Bought by
Hancock Donald and Hancock Debra

Purchase Details

Closed on
Jun 12, 2018
Sold by
Hancock Donald and Hancock Debra
Bought by
Hancock Brian and Hancock Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2018
Sold by
Easley Robert K and Easley Terri J
Bought by
Hancock Donald and Hancock Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Dial Property Llc $110,000 None Listed On Document
Hancock Donald -- None Listed On Document
Hancock Brian -- None Available
Hancock Donald $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dial Property Llc $235,489
Previous Owner Hancock Donald $25,000
Source: Public Records

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 $1,383 $18,770 $3,640 $15,130
2023 $1,389 $17,540 $3,400 $14,140
2022 $1,348 $15,940 $3,090 $12,850
2021 $1,322 $14,900 $2,890 $12,010
2020 $776 $14,790 $2,870 $11,920
2019 $803 $14,890 $2,760 $12,130
2018 $805 $14,890 $2,760 $12,130
2017 $787 $14,600 $2,710 $11,890
2016 $757 $13,780 $2,560 $11,220
2015 $7 $13,780 $2,560 $11,220
2012 $7 $14,100 $2,500 $11,600
Source: Public Records

Map

Illinois Marion County Salem 62881

508 E Elm St, Salem, IL

This home is located at 508 E Elm St, Salem, IL 62881 and is currently estimated at $65,000. 508 E Elm St is a home located in Marion County with nearby schools including Franklin Park Middle School, Hawthorn Elementary School, and Salem Community High School.

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