NOT LISTED FOR SALE

Salem, IL 62881

Estimated Value: $71,000 - $128,000

3 Beds
2 Baths
1,360 Sq Ft
$68/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $53,000 $39 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $527/month

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Dining Room
  • No HOA
  • Bungalow
  • Hot Water Heating System

About This Home

As of May 2023

3 bedroom 2 bathroom home located on a corner lot. Detached garage and workshop area. Kitchen appliances included

Last Agent to Sell the Property

Stacey Russell

SOMER REAL ESTATE License #471017953 Listed on: 03/09/2023

Last Buyer's Agent

Stacey Russell

SOMER REAL ESTATE License #471017953 Listed on: 03/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 155x112
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • Dining Room
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Salem Elementary And Middle School
  • Salem Community High School

Utilities

  • Window Unit Heating System
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Goodnow Place Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 11-00-013-691

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,368

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1925
  • Architectural Style: Bungalow
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1360
  • KitchenDining: Dining Informal

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Frame, Aluminum Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Hot Water, Window Unit(s)
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Salem
  • High School: Salem Community High School
  • Middle Or Junior School: Salem

Lot Info

  • Lot Size: 155x112
  • Parcel #: 11-00-013-691

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1367.82
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 4, 2023
Sold by
Garren Mykell T and Garren Mackinzi K
Bought by
Burge William Ray and Burge Jennifer R
Seller's Agent
Stacey Russell
SOMER REAL ESTATE
Buyer's Agent
Stacey Russell
SOMER REAL ESTATE
List Price
$64,000
Sold Price
$53,000
Premium/Discount to List
-$11,000
-17.19%
Current Estimated Value
$92,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,228
Avg. Annual Appreciation
23.15%
Original Mortgage
$53,000
Outstanding Balance
$51,714
Interest Rate
7.13%
Mortgage Type
Construction
Estimated Equity
$40,514

Purchase Details

Closed on
Jul 24, 2020
Sold by
Griffin Debbie
Bought by
Garren Mykell and Garren Mackinzi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2018
Sold by
Wallace Alan R and Wallace Catherine A
Bought by
Garren Mykell and Garren Mackinzi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burge William Ray -- None Listed On Document
Garren Mykell -- Attorneys Title Guaranty Fun
Garren Mykell $53,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burge William Ray $53,000
Previous Owner Garren Mykell $57,600
Previous Owner Garren Mykell $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2023 05/04/23 Sold $53,000 -17.2% $39 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $64,000 -- $47 / 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 -- $26,980 $8,960 $18,020
2023 $523 $25,210 $8,370 $16,840
2022 $1,430 $22,920 $7,610 $15,310
2021 $1,368 $21,420 $7,110 $14,310
2020 $1,347 $21,260 $7,060 $14,200
2019 $1,308 $20,480 $6,800 $13,680
2018 $1,311 $20,480 $6,800 $13,680
2017 $1,482 $22,200 $6,670 $15,530
2016 $1,441 $20,940 $6,290 $14,650
2015 $14 $20,940 $6,290 $14,650
2012 $13 $20,530 $6,170 $14,360
Source: Public Records

Agents Affiliated with this Home

  • Stacey Russell

    Seller's Agent in 2023

    Stacey Russell

    SOMER REAL ESTATE

    (618) 322-4321

    76 in this area

    214 Total Sales

    Stacey Russell
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Source: RMLS Alliance

MLS Number: EB448088

RMLS Alliance

APN: 1100013691

Illinois Marion County Salem

62881

Not Listed for Sale

Detached

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