3 months on rocket

307 E Elm St, Salem, IL, 62881

$49,900

Home List Price

$593*

Closing Credit

2 Bedrooms
1 Full Bath
1,110 SqFt
$45/SqFt
House

Location

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307 E Elm St, Salem$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1900
HeatingNatural Gas, Central
BasementYes
FireplaceLiving Room
MLS #EB454939
Lot Size0.19 Acres
StatusActive

About 307 E Elm St

Motivated seller, don't wait until it's too late!! Put your touches on this house to make it your own, or restore the charm of yesteryear. This 2 bedroom 1 bath home has a large living room with hardwood floors. The enclosed front porch and living room fireplace give this home an element of coziness you can't always find. The two-tiered deck facing a large backyard is perfect for grilling or enjoying a hot cup of coffee. With a full basement and an extra bathroom, you get extra living space and several options for storage. The 1 car detached garage contains shelving and a workbench. Kitchen appliances and washer/dryer all stay! Situated near the heart of Salem, don't wait to schedule your showing!! House is being sold as is.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1900
  • Living Area: 1,110 SqFt

Listing Office:

  • Office Name: SOMER REAL ESTATE
  • Office Phone: (618) 548-5123
  • Listing Agent: CHRISTINA GILLETT

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Outbuilding(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Central

Other

Directions Information:

  • Directions: From Main St in Salem, turn south on Broadway to Elm Street. Go east, home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $45/SqFt
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Housing Market Comparison

See how this home compares to others in Salem, IL.

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Salem, IL

City

Med. Sold Price

$139.5K

Med. Price/SqFt

$98

Avg. Days On Market

27

# of Sold Homes

11

307 E Elm St vs Salem

112 DAYS ON ROCKET

+85 Days

$49,900

-$89.6K Less

$45/SqFt

-$53 Less

KEY TAKEAWAY

This property is $89.6K less than the Median Sold Price and $53/SqFt less than other homes in Salem, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB454939

Listing Office:

  • Office Name: SOMER REAL ESTATE
  • Office Phone: (618) 548-5123
  • Listing Agent: CHRISTINA GILLETT

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:51:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $11,110
2019 - $11,470
2018 - $11,470
2017 - $11,240

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-918158
6
/10

  • Hawthorn Elementary School

  • 1300 Bobcat Cir

  • 1.23 miles

  • Public District Grades KG-3

school-card-donut-918159
3
/10

  • Sandoval Elementary School

  • 300 E Perry Ave

  • 9.37 miles

  • Public District Grades PK-6

school-card-donut-918160
3
/10

  • Jordan Elementary School

  • 311 Airport Rd

  • 10.88 miles

  • Public District Grades 2-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,066. Residents of Salem, IL typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 307 E Elm St

What is the listing price of this property?

The listing price of 307 E Elm St property is $49,900.

What type of property is this?

The property 307 E Elm St is a house located in Salem, Illinois, 62881.

Is this property for sale now?

Active Listing: 307 E Elm St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 307 E Elm St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 307 E Elm St is 1,110 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 307 E Elm St is 1900.

Rocket Homes›Illinois›Marion County›Salem›62881›307 E Elm St

This home is located at 307 E Elm St in Salem, IL and zip code 62881. This 1,110 square foot home, which was built in 1900, sits on a 0.19 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 31, 2024 and is currently priced at $49,900.

Salem, IL housing market in November 2024 saw over 4 listings sold above listed price, more than 2 sold at listed price and over 5 sold below. The inventory of homes for sale in Salem, IL between October 2024 and November 2024 decreased by 4%. In November 2024 median list price was $139,500 and the average listing age was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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