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17525 North Old Salem Lane

17525 North Old Salem Lane, Mount Vernon, IL 62864
Property in Mount Vernon
Sold Jul 18, 2005
$78,000
$78,000 by Americas Wholesale Lender
Mortgage Due Aug 01, 2035
17525 North Old Salem Lane has been categorized by the local assessors in Mount Vernon, IL as a residential type of property. The area measurement of the land has been determined as 45,302 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Jul 14, 2005 for $78,000. 17525 North Old Salem Lane was last assessed in 2022. The total value of the property was assessed at $19,450. Specifically, the land the property is located on was valued at $2,187. While improvements on the property were assessed at a total of $17,263. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $950. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 45,302
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.04
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT NW SW & PT SW NW - BEG 55.07'E NW COR SW, S94.54', E61.25', SE141.51', NE91.4', NW290.53', W163.47', S78.61' TO POB

Ownership

  • Current Owner : NICHOLS DONNIE N
  • Current Owner 2: NICHOLS JAMIE D
  • Previous Owner : HARRIS BRUCE D
  • Previous Owner 2: HARRIS DOROTHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rome Community Consolidated School District 2
  • Census Tract: 050700

Geography

  • District: 56
  • Parcel: 07-06-301-004
  • Municipality: MOUNT VERNON
  • Latitude: 38.3811
  • Longitude: -88.9236

    Address

  • Full Address: 17525 N Old Salem Ln
  • Address - House Number: 17525
  • Street Direction: N
  • Address - Street Name: Old Salem
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Mount Vernon
  • Carrier Code: R006
  • 4-Digit Zip Code: 8815
  • Zip Code: 62864

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $950
  • Tax Rate Code Area: 56150

    Appraisal Valuation

  • Standard Deviation: 0.2706
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 61
  • Final Value: 88,848
  • High Value: 112,893
  • Low Value: 64,803

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,000
  • First Open Lien Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Open Lien Mortgage Recording Date: Jul 18, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $78,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $58,350
  • Market Land Value: $6,561
  • Market Improvement Value: $51,789

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,450
  • Assessed Land Value: $2,187
  • Assessed Improvements Value: $17,263

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 14, 2005
  • Current Sale Recording Date: Jul 18, 2005
  • Current Sale Transaction ID: 1178171342
  • Current Sale Price: $78,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200505092

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Mortgage Transaction Date: Jul 18, 2005
  • First Mortgage Loan Amount: $78,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Jefferson



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Frequently Asked Questions

What neighborhood is 17525 North Old Salem Lane located in?
The 17525 North Old Salem Lane is a located in the neighborhood of Mount Vernon in Jefferson, Mount Vernon.
What is the average sales price for listings in 17525 North Old Salem Lane?
The average sales price for units in 17525 North Old Salem Lane is $0 currently.

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