NOT LISTED FOR SALE

512 N Illinois Ave Salem, IL 62881

Estimated Value: $58,000 - $74,000

-- Bed
-- Bath
-- Sq Ft
7,841 Sq Ft Lot

About This Home

This home is located at 512 N Illinois Ave, Salem, IL 62881 and is currently estimated at $66,537. 512 N Illinois Ave 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 5, 2024
Sold by
Vhn Enterprises Llc
Bought by
Purcell Cathy R
Current Estimated Value
$66,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$49,380
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$17,157

Purchase Details

Closed on
Apr 9, 2024
Sold by
Frank Buerster Living Trust and Buerster Frank
Bought by
Vhn Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$49,380
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$17,157
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.

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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.

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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.

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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
Purcell Cathy R $65,000 None Listed On Document
Vhn Enterprises Llc $215,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purcell Cathy R $50,000
Previous Owner Vhn Enterprises Llc $233,000
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 $609 $8,260 $3,190 $5,070
2023 $611 $7,720 $2,980 $4,740
2022 $594 $7,020 $2,710 $4,310
2021 $582 $6,560 $2,530 $4,030
2020 $575 $6,510 $2,510 $4,000
2019 $566 $6,270 $2,420 $3,850
2018 $568 $6,270 $2,420 $3,850
2017 $562 $6,140 $2,370 $3,770
2016 $564 $5,900 $2,240 $3,660
2015 $5 $5,900 $2,240 $3,660
2012 $5 $5,780 $2,200 $3,580
Source: Public Records

Map

Illinois Marion County Salem 62881

512 N Illinois Ave, Salem, IL

This home is located at 512 N Illinois Ave, Salem, IL 62881 and is currently estimated at $66,537. 512 N Illinois Ave 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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