Check Availability

318 East Boone Street

318 East Boone Street, Salem, IL 62881
Property in Salem
Sold Nov 27, 2017
$36,500
$48,000 by Marion County Savings Bank
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 12,248 square feet.

Learn more about the property and building on this page. The property was last sold in Nov 21, 2017 for $36,500. 318 East Boone Street was last assessed in 2022. The total value of the property was assessed at $22,840. Specifically, the land the property is located on was valued at $7,320. While improvements on the property were assessed at a total of $15,520. 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 $1,075. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 12,248
  • 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: ROTAN SUB
  • Land Acres: 0.281
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: ROTAN LOTS E 31.5 LOT 3 & ALL LOT 4 & 20 FT. W 50FT LOT 5 BLOCK 2

Ownership

  • Current Owner : DENNIS DENNY D
  • Current Owner 2: DENNIS TINA M
  • Previous Owner : MARION COUNTY SAVINGS BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem School District 111
  • Census Tract: 952000

Geography

  • District: 11
  • Parcel: 1100019660
  • Block: 2
  • Lot: 3-5,20
  • Municipality: SALEM TOWNSHIP
  • Latitude: 38.635
  • Longitude: -88.9432

    Address

  • Full Address: 318 E Boone St
  • Address - House Number: 318
  • Street Direction: E
  • Address - Street Name: Boone
  • Address - Suffix Type: St
  • State: IL
  • City Name: Salem
  • Carrier Code: C001
  • 4-Digit Zip Code: 2605
  • Zip Code: 62881

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,075
  • Tax Rate Code Area: 11002

    Appraisal Valuation

  • Standard Deviation: 0.1221
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 75
  • Final Value: 70,399
  • High Value: 78,998
  • Low Value: 61,799

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $48,000
  • First Open Lien Mortgage Lender: MARION COUNTY SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Nov 27, 2017
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $48,000
  • 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: $68,520
  • Market Land Value: $21,960
  • Market Improvement Value: $46,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,840
  • Assessed Land Value: $7,320
  • Assessed Improvements Value: $15,520

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 21, 2017
  • Current Sale Recording Date: Nov 27, 2017
  • Current Sale Transaction ID: 11325210262
  • Current Sale Price: $36,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017R05955

    Last Sale Mortgage

  • First Mortgage Lender: MARION COUNTY SAVINGS BANK
  • First Mortgage Transaction Date: Nov 27, 2017
  • First Mortgage Loan Amount: $48,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

About Salem



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 318 East Boone Street located in?
The 318 East Boone Street is a located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 318 East Boone Street?
The average sales price for units in 318 East Boone Street is $0 currently.

Quantcast