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300 West Olive Street

300 West Olive Street, Salem, IL 62881
House in Salem
This has been categorized as a residential property type. In total, the area measurement of the land is 5,947 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 300 West Olive Street was last sold in Aug 23, 2022 for $35,000. Prior to that sales transaction, the property was sold for $19,500 in Jan 26, 2018. Current property owners are expected to pay $684 in taxes per year. The property on 300 West Olive Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $8,090. To break that down further, the land itself was valued at $2,840. While improvements to the property were assessed at a total of $5,250. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Carport
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200311
03/11/2020
3 Bed
1 Bath
1088 ft²
$54,995
bedrooms
3 Bed
bathrooms
1 Bath
square feet
1088 ft²
-
-
-
-

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 5,947
  • 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
  • Subdivision: GOODNOW PL ADDN
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: GOODNOW PLACE LOT 7 BLOCK 4

Ownership

  • Current Owner : PENNYPACKER BRIAN L
  • Current Owner 2: PENNYPACKER BRITNEY R
  • Previous Owner : TRINKLE ANDREW D
  • Owner Before Previous Owner: STINSON KEITH E
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Salem School District 111
  • Census Tract: 952100

Geography

  • District: 11
  • Parcel: 1100013665
  • Block: 4
  • Lot: 7
  • Municipality: SALEM TOWNSHIP
  • Latitude: 38.6304
  • Longitude: -88.9478

    Address

  • Full Address: 300 W Olive St
  • Address - House Number: 300
  • Street Direction: W
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: IL
  • City Name: Salem
  • Carrier Code: C005
  • 4-Digit Zip Code: 1528
  • Zip Code: 62881

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $684
  • Tax Rate Code Area: 11002

    Appraisal Valuation

  • Standard Deviation: 0.1221
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 75
  • Final Value: 23,412
  • High Value: 26,272
  • Low Value: 20,551

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $51,426
  • First Open Lien Mortgage Lender: LUKA STATE BANK
  • First Open Lien Mortgage Recording Date: Aug 26, 2022
  • First Open Lien Mortgage Loan Amount: $51,426
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $24,270
  • Market Land Value: $8,520
  • Market Improvement Value: $15,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,090
  • Assessed Land Value: $2,840
  • Assessed Improvements Value: $5,250

    Sales

  • Current Sale Contract Date: Aug 23, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Transaction ID: 11895337758
  • Current Sale Price: $35,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3993
  • Previous Sale Recording Date: Jan 29, 2018
  • Previous Sale Contract Date: Jan 26, 2018
  • Previous Sale Amount: $19,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUKA STATE BANK
  • First Mortgage Transaction Date: Aug 26, 2022
  • First Mortgage Loan Amount: $51,426
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MARION COUNTY SAVINGS BANK
  • Previous Mortgage Transaction Date: Jan 29, 2018
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $20,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Salem



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 300 West Olive Street located in?
The 300 West Olive Street is a house located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 300 West Olive Street?
The average sales price for units in 300 West Olive Street is $0 currently.

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