NOT LISTED FOR SALE

702 N Illinois Ave Salem, IL 62881

Estimated Value: $76,000 - $93,321

2 Beds
1 Bath
932 Sq Ft
$92/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $54,000 $58 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $479/month

2 Days on Market

Highlights

  • Porch
  • Bungalow
  • Garage

About This Home

As of March 2020

Fabulous location in the Northwest quadrant of town. Dream back yard, plenty of space for garden, patio, kids and pets. Adorable bungalow with newer vinyl siding, roof, flooring and paint. Economical to maintain and to clean!! Bonus room in back has many uses such as: office, dining room, craft room, or possibly bedroom. Large utility/laundry room, breakfast bar, lovely front porch with space for porch swing. Attic stairs for easy access to storage Range, Refrigerator, Washer, Dryer, New sewer line to street, waterproofed crawl space.

Last Agent to Sell the Property

Rhonda Mulvany

SOMER REAL ESTATE License #471004349 Listed on: 10/14/2019

Last Buyer's Agent

Rhonda Mulvany

SOMER REAL ESTATE License #471004349 Listed on: 10/14/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $260

Year Built

  • Built in 1920

Lot Details

  • 0.42

Parking

  • Garage

Home Design

  • Bungalow

Laundry

  • Dryer
  • Washer

Schools

  • Salem Elementary School

Additional Features

  • Oven or Range
  • 1 Full Bathroom
  • Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$260

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Unit Style: 1-Level
  • Legal Description: Vandervort kell subdivision lot 7, Block 4
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Range/Oven, Washer
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 11x10, On Level: Main, Flooring: Carpet
  • Basement Foundation: Crawl Space
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 10.8x10.6, On Level: Main, Flooring: Carpet
  • Bedroom 3: Dimensions: 10.6x9.7, On Level: Main, Flooring: Carpet
  • Formal Dining Room: Dimensions: 14.11x7.4, On Level: Main
  • Kitchen: Dimensions: 12.3x9, On Level: Main, Flooring: Vinyl
  • Living Room: Dimensions: 19.9x12.4, On Level: Main, Flooring: Carpet
  • Price Per Sq Ft: 57.94
  • Finished Sq Ft: 932
  • Total Sq Ft: 932
  • Finished Main Level Sq Ft: 932

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Porch
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 1
  • Number Of Garage Remotes: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Utility Companies: City City Ameren IP

Schools

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

Lot Info

  • Estimated Lot Size: 230'x80'
  • Estimated Number of Acres: 0.42
  • Lot Description: Wooded
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 260
  • Parcel Id Number Tax Id: 1100016030
  • Tax Exemptions: Senior Freeze
  • Tax Year: 2018

MLS Schools

  • High School School District: Salem Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Greider Patricia M
Bought by
Greider Patricia M
Current Estimated Value
$82,479

Purchase Details

Closed on
Apr 29, 2021
Sold by
Mullins Alice M and Mullins Larry Wayne
Bought by
Greider Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2020
Sold by
Mullins Alice M
Bought by
Burner Traci M and Lange Sheryl A

Purchase Details

Listed on
Oct 14, 2019
Closed on
Mar 10, 2020
Sold by
Imhoff Larry Gene and Imhoff Mary Jane
Bought by
Mullins Alice M
Seller's Agent
Rhonda Mulvany
SOMER REAL ESTATE
Buyer's Agent
Rhonda Mulvany
SOMER REAL ESTATE
List Price
$54,000
Sold Price
$54,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$43,200
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2019
Closed on
Jan 31, 2020
Sold by
Thomas Julia
Bought by
Mullins Alice M
Seller's Agent
Rhonda Mulvany
SOMER REAL ESTATE
Buyer's Agent
Rhonda Mulvany
SOMER REAL ESTATE
List Price
$54,000
Sold Price
$54,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2015
Closed on
May 10, 2016
Sold by
Underwood Gerald H and Underwood Sharon L
Bought by
Imhoff Larry G and Imhoff Mary J
Seller's Agent
Lynn Gardner
JEFF DUNAHEE REALTY
Buyer's Agent
Rhonda Mulvany
SOMER REAL ESTATE
List Price
$45,000
Sold Price
$38,000
Premium/Discount to List
-$7,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Source: Public Records

Range of Values:

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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
Greider Patricia M -- None Listed On Document
Greider Patricia M $65,000 None Available
Burner Traci M -- None Available
Mullins Alice M -- None Available
Mullins Alice M $54,000 None Available
Imhoff Larry G $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greider Patricia M $60,000
Previous Owner Mullins Alice M $43,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $54,000 0.0% $58 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $54,000 +42.1% $58 / Sq Ft
05/13/2016 05/13/16 Sold $38,000 -15.6% $41 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $45,000 -- $48 / 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 $346 $19,760 $3,640 $16,120
2023 $371 $18,470 $3,400 $15,070
2022 $397 $16,790 $3,090 $13,700
2021 $355 $15,690 $2,890 $12,800
2020 $353 $15,580 $2,870 $12,710
2019 $260 $15,000 $2,760 $12,240
2018 $261 $15,000 $2,760 $12,240
2017 $263 $14,710 $2,710 $12,000
2016 $766 $13,880 $2,560 $11,320
2015 $13 $13,880 $2,560 $11,320
2012 $12 $13,600 $2,500 $11,100
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Mulvany

    Seller's Agent in 2020

    Rhonda Mulvany

    SOMER REAL ESTATE

    (618) 267-5946

    117 in this area

    198 Total Sales

    Section Image

  • L

    Seller's Agent in 2016

    Lynn Gardner

    JEFF DUNAHEE REALTY

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAEB430988

RMLS Alliance

APN: 1100016030

Illinois Marion County Salem 62881

702 N Illinois Ave, Salem, IL

This home is located at 702 N Illinois Ave, Salem, IL 62881 since 14 October 2019 and is currently estimated at $85,830, approximately $92 per square foot. This property was built in 1920. 702 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.

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.

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