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Backup Offers

416 S Marion Ave, Salem, IL, 62881

$50,000

Home List Price

$594*

Closing Credit

3 Bedrooms
1 Full Bath
1,468 SqFt
$34/SqFt
House

Location

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416 S Marion Ave, Salem$50,000

Buyer Closing Credits

$594*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1900
HeatingNatural Gas, Forced Air
BasementYes
MLS #EB454528
StatusAccepting Backup Offers
(Pending Continue to Show)

About 416 S Marion Ave

Great potential with a remodel. Classic staircase. Lots of room. Very large lot.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1900
  • Living Area: 1,468 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Interior: Foyer - 2 Story

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: West Main to Marion Ave. South on Marion Ave to the 400 blk. Property is on the east side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000
  • Price Per SqFt: $34/SqFt

Tax Information:

  • Annual Amount: $271
  • 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

$97

Avg. Days On Market

27

# of Sold Homes

12

416 S Marion Ave vs Salem

112 DAYS ON ROCKET

+85 Days

$50,000

-$89.5K Less

$34/SqFt

-$63 Less

KEY TAKEAWAY

This property is $89.5K less than the Median Sold Price and $63/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: #EB454528

Listing Office:

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

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: 11/22/2024, 11:50:52 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$271$19,470
2019$277$19,190
2018$278$19,190
2017$3$18,810

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-811749
6
/10

  • Hawthorn Elementary School

  • 1300 Bobcat Cir

  • 1.38 miles

  • Public District Grades KG-3

school-card-donut-811750
3
/10

  • Sandoval Elementary School

  • 300 E Perry Ave

  • 9.54 miles

  • Public District Grades PK-6

school-card-donut-811751
3
/10

  • Jordan Elementary School

  • 311 Airport Rd

  • 10.98 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. Most families are 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 416 S Marion Ave

What is the listing price of this property?

The listing price of 416 S Marion Ave property is $50,000.

What type of property is this?

The property 416 S Marion Ave is a house located in Salem, Illinois, 62881.

Is this property for sale now?

Accepting Backup Offers: 416 S Marion Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $271 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 416 S Marion Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 416 S Marion Ave is 1,468 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 416 S Marion Ave is 1900.

Rocket Homes›Illinois›Marion County›Salem›62881›416 S Marion Ave

This home is located at 416 S Marion Ave in Salem, IL and zip code 62881. This 1,468 square foot home was built in 1900. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $50,000.

In October 2024, from all listings sold in Salem, IL there were more than 4 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. The number of listings in Salem, IL increased by 14.6% between September 2024 and October 2024. The median list price of listings available in October 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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