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402 Edgewood Rd, Salem, IL, 62881

$625,000

Home List Price

$7,422*

Closing Credit

5 Bedrooms
3 Full Baths
3,584 SqFt
$174/SqFt
House

Location

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402 Edgewood Rd, Salem$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached Garage2 spaces
Year Built2012
HeatingPropane, Central
BasementYes
FireplaceGas Starter, Living Room
MLS #EB456254
Lot Size37.00 Acres
StatusActive

About 402 Edgewood Rd

37 acres with a newer home and outbuilding in an amazing location?!!!! Call quickly on this one! Original home built in 2012 with addition in 2018. Kitchen/dining combo with large island and pantry. 5 bedrooms and 3 bathrooms (includes 2 tiled showers), unfinished basement space, 36x48 pole barn, wooded acreage and a pond for nature enthusiasts. Located at the edge of town - this is a one of a kind opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 2012
  • Living Area: 3,584 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: Yes
  • Interior: Vaulted Ceiling(s), Garage Door Opener(s), Garden Tub, Security System, High Speed Internet
  • Fireplace: Gas Starter, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Outbuilding(s)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 37.00 Acres

Utilities

Utilities Information:

  • Heating: Propane, Central

Other

Directions Information:

  • Directions: Route 50 east of Salem. Turn left onto Edgewood Rd. Driveway is second on right (across from Shady Ln)

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $174/SqFt

Tax Information:

  • Annual Amount: $3,767
  • Tax Year: 2020
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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

402 Edgewood Rd vs Salem

1 DAY ON ROCKET

-26 Days

$625,000

+$485.5K More

$174/SqFt

+$76 More

KEY TAKEAWAY

This property is $485.5K more than the Median Sold Price and $76/SqFt more than other homes in Salem, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB456254

Listing Office:

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

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, 9:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 27, 2010Home Sold
$55,250

Tax History

YEARPROP. TAXASSESSMENT
2020$3,767$57,015
2019$3,687$54,770
2018$3,009$46,043
2017$30$44,993

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-788763
6
/10

  • Hawthorn Elementary School

  • 1300 Bobcat Cir

  • 1.81 miles

  • Public District Grades KG-3

school-card-donut-788764
3
/10

  • Sandoval Elementary School

  • 300 E Perry Ave

  • 10.45 miles

  • Public District Grades PK-6

school-card-donut-788765
3
/10

  • South Central Elementary-Kinmundy

  • 810 E 1st St

  • 10.67 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,692. The majority of Salem, IL residents have income between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 402 Edgewood Rd

What is the listing price of this property?

The listing price of 402 Edgewood Rd property is $625,000.

What type of property is this?

The property 402 Edgewood Rd is a house located in Salem, Illinois, 62881.

Is this property for sale now?

Active Listing: 402 Edgewood Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,767 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 27, 2010 for $55,250. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 402 Edgewood Rd has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 402 Edgewood Rd is 3,584 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 402 Edgewood Rd is 2012.

Rocket Homes›Illinois›Marion County›Salem›62881›402 Edgewood Rd

This home is located at 402 Edgewood Rd in Salem, IL and zip code 62881. This 3,584 square foot home, which was built in 2012, sits on a 37.00 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $625,000.

In November 2024, from all listings sold in Salem, IL there were more than 4 sold above asking price, over 5 sold below and more than 2 were sold right at the asked price. The number of listings in Salem, IL decreased by 4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $139,500, while the average time on the real estate market was 27 days.

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

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