NOT LISTED FOR SALE

5707 Old Salem Ln Unit 1 Springfield, IL 62711

Estimated Value: $447,000 - $586,000

-- Bed
-- Bath
-- Sq Ft
5 Acres

About This Home

This home is located at 5707 Old Salem Ln Unit 1, Springfield, IL 62711 and is currently estimated at $507,053. 5707 Old Salem Ln Unit 1 is a home located in Sangamon County with nearby schools including Farmingdale Elementary School, Pleasant Plains Middle School, and Pleasant Plains High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2024
Sold by
Albert R Klunick Jr Living Trust and Klunick Sandra D
Bought by
Hower Kyle A and Hower Caroline R
Current Estimated Value
$507,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$382,203
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$124,850

Purchase Details

Closed on
Feb 8, 2023
Sold by
Klunick Albert R and Klunick Sandra D
Bought by
Albert R Klunick Jr Living Trust
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

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.

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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
Hower Kyle A $485,000 None Listed On Document
Albert R Klunick Jr Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hower Kyle A $388,000
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 $10,833 $162,135 $25,782 $136,353
2023 $7,820 $113,504 $23,894 $89,610
2022 $7,487 $105,880 $22,289 $83,591
2021 $7,202 $101,349 $21,335 $80,014
2020 $7,103 $99,333 $20,911 $78,422
2019 $6,996 $98,800 $20,799 $78,001
2018 $6,954 $99,657 $20,979 $78,678
2017 $6,783 $97,904 $20,610 $77,294
2016 $6,595 $94,630 $19,921 $74,709
2015 $6,444 $90,991 $19,155 $71,836
2014 $6,356 $89,752 $18,894 $70,858
2013 $6,362 $90,385 $19,027 $71,358
Source: Public Records

Map

Illinois Sangamon County Springfield 62711

5707 Old Salem Ln Unit 1, Springfield, IL

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