NOT LISTED FOR SALE

7 N Monroe Salem, IL 62881

Estimated Value: $129,000 - $186,000

3 Beds
-- Bath
1,928 Sq Ft
$84/Sq Ft Est. Value

About This Home

This home is located at 7 N Monroe, Salem, IL 62881 and is currently estimated at $162,655, approximately $84 per square foot. 7 N Monroe 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 25, 2022
Sold by
Ulrich and Sigrid
Bought by
Harris Jarrett W and Gordon Floyd E
Current Estimated Value
$162,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,405
Outstanding Balance
$99,626
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$54,334

Purchase Details

Closed on
Aug 7, 2018
Sold by
Freeman Luke M and Freeman Kathleen M
Bought by
Ulrich Jason and Ulrich Sigrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2008
Sold by
Butler Charles M and Butler Janie R
Bought by
Freeman Luke and Freeman Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,625
Interest Rate
6.42%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2005
Sold by
Faron Cynthia L
Bought by
Butler Charles M and Butler Janie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
9%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Harris Jarrett W $109,900 Antonik Douglas A
Ulrich Jason $112,000 Quad County Title
Freeman Luke $22,500 Quad County Title Co Inc
Butler Charles M $33,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Jarrett W $104,405
Previous Owner Ulrich Jason $89,600
Previous Owner Freeman Luke $58,625
Previous Owner Butler Charles M $75,000
Previous Owner Butler Charles M $67,000
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 $2,302 $37,240 $6,080 $31,160
2023 $2,280 $34,800 $5,680 $29,120
2022 $2,674 $31,630 $5,160 $26,470
2021 $2,622 $29,560 $4,820 $24,740
2020 $2,590 $29,340 $4,790 $24,550
2019 $2,011 $28,260 $4,610 $23,650
2018 $2,016 $28,260 $4,610 $23,650
2017 $2,037 $28,270 $4,520 $23,750
2016 $1,987 $26,670 $4,260 $22,410
2015 $19 $26,670 $4,260 $22,410
2012 $18 $26,150 $4,180 $21,970
Source: Public Records

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