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500 S Castle, Salem, IL, 62881

$130,000

Home List Price

$1,544*

Closing Credit

3 Bedrooms
1 Full Bath
1,280 SqFt
$102/SqFt
House

Location

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500 S Castle, Salem$130,000

Buyer Closing Credits

$1,544*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGuest Parking
Year Built1937
HeatingNatural Gas, Forced Air, Central
MLS #EB455949
StatusActive

About 500 S Castle

Welcome to a fantastic opportunity for first-time buyers! This cozy 1,280 sq. ft. gem features 3 bedrooms and 1 bathroom, located in a quiet, family-friendly neighborhood on a corner lot. With plenty of parking and a spacious 456 sq. ft. carport for outdoor storage, this home has everything you need to get started. Remodeled in 2021 with updated electrical wiring in 2022, it’s move-in ready and worry free. Plus, all appliances are included—even the convenient stackable washer and dryer. Affordable, updated, and packed with charm, this is the perfect opportunity for first-time buyers to step into homeownership. *Don’t wait—schedule your tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1937
  • Living Area: 1,280 SqFt

Listing Office:

  • Office Name: Property Peddler Inc
  • Office Phone: (618) 927-6342
  • Listing Agent: MELISSA JARRELL

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Oven, Refrigerator, Washer, Dryer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Guest Parking

Lot Features

Lot Information:

  • Lot: Corner Lot, Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Central

Other

Directions Information:

  • Directions: From West Main St turn South onto Castle St. The house is on the East side of the road. GPS friendly!

Price Information

Listing Price Info

Price Summary:

  • List Price: $130,000
  • Price Per SqFt: $102/SqFt
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Housing Market Comparison

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

Med. Sold Price

$139.5K

Med. Price/SqFt

$97

Avg. Days On Market

27

# of Sold Homes

12

500 S Castle vs Salem

1 DAY ON ROCKET

-26 Days

$130,000

-$9.5K Less

$102/SqFt

+$5 More

KEY TAKEAWAY

This property is $9.5K less than the Median Sold Price and $5/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: #EB455949

Listing Office:

  • Office Name: Property Peddler Inc
  • Office Phone: (618) 927-6342
  • Listing Agent: MELISSA JARRELL

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: 11/20/2024, 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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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NMLS#3030

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-197434
6
/10
  • Hawthorn Elementary School

  • 1300 Bobcat Cir

  • 1.05 miles

  • Public District Grades KG-3

school-card-donut-197435
3
/10
  • Sandoval Elementary School

  • 300 E Perry Ave

  • 8.92 miles

  • Public District Grades PK-6

school-card-donut-197436
3
/10
  • Jordan Elementary School

  • 311 Airport Rd

  • 10.51 miles

  • Public District Grades 2-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,293. Typical income of Salem, IL residents is less than $35k annually. The majority of families are single, 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 500 S Castle

What is the listing price of this property?

The listing price of 500 S Castle property is $130,000.

What type of property is this?

The property 500 S Castle is a house located in Salem, Illinois, 62881.

Is this property for sale now?

Active Listing: 500 S Castle is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 500 S Castle has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 500 S Castle is 1,280 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 S Castle is 1937.

Rocket HomesIllinoisMarion CountySalem62881500 S Castle

This home is located at 500 S Castle in Salem, IL and zip code 62881. This 1,280 square foot home was built in 1937. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $130,000.

In October 2024 more than 4 listings in Salem, IL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in Salem, IL between September 2024 and October 2024 increased by 14.6%. In October 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $139,500.

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

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