For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Marion 62881
Undisclosed Address
$73,000
● House - Off Market

Undisclosed Address

Salem, IL 62881
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,610 Ft²
$1,148
Est. Monthly
Unit Size
1,610 Ft²
Days on Market
-
Land Size
2.14 acres
Price per sqft
$109
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 93,218
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HESTER ESTATES SUB
  • Land Acres: 0000002140
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: HESTER ESTATES SUB. LOT 14

Neighborhood

  • School District Name: Salem Community High School District 600
  • Census Tract: 952200

Geography

  • District: 11
  • Parcel: 1122201070
  • Lot: 14
  • Municipality: SALEM TOWNSHIP
  • Latitude: 38.6003
  • Longitude: -88.9655

    Address

  • Full Address: 3946 Hester Ln
  • Address - House Number: 3946
  • Address - Street Name: Hester
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Salem
  • Carrier Code: R002
  • 4-Digit Zip Code: 6657
  • Zip Code: 62881

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $329,642
  • Tax Rate Code Area: 11006

    Appraisal Valuation

  • Standard Deviation: 0.2562
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 63
  • Final Value: 222,593
  • High Value: 279,637
  • Low Value: 165,548

    Market Valuation

  • Market Total Value: $156,000
  • Market Land Value: $30,870
  • Market Improvement Value: $125,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,000
  • Assessed Land Value: $10,290
  • Assessed Improvements Value: $41,710

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marion

Stats & Trends

Median Asking:

$137,000

Sale Price/ft²

$91

Below Asking

0.03%

Average Days on Market

59

Average Home Size

1933 ft²

Average Home Age

61.1 years

Currently For Sale

78 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brian Brockman, Bang Realty
Data Source: MRED, MLS# MRD12412278
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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 3946 Hester Lane built and last sold?
The property at 3946 Hester Lane was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3946 Hester Lane is $177,491.
What are some comparable homes to 3946 Hester Lane?
There are currently no comparable homes to 3946 Hester Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Salem Homes for Sale
Salem Houses for Sale
Salem Multifamily for Sale
Salem Land for Sale
Salem Commercial for Sale
Salem Homes with Basements
Salem Homes with Pools
Salem Homes with Parking
Nearby Cities
Centralia Homes for Sale
Central City Homes for Sale
Odin Homes for Sale
Sandoval Homes for Sale
Alma Homes for Sale
Junction City Homes for Sale
Kell Homes for Sale
Walnut Hill Homes for Sale
Nearby Property Records
Marion County, IL Property Records
Washington County, IL Property Records
Clay County, IL Property Records
Jefferson County, IL Property Records
Fayette County, IL Property Records
Bond County, IL Property Records
Wayne County, IL Property Records
Clinton County, IL Property Records
Nearby Counties
Centralia Homes for Sale
Raccoon Homes for Sale
Odin Homes for Sale
Sandoval Homes for Sale
Stevenson Homes for Sale
Tonti Homes for Sale
Haines Homes for Sale
Alma Homes for Sale
Top Real Estate Agents
Top Agents in Salem
Top Agents in Centralia
Top Agents in Centralia
Top Agents in 62881
Top Agents in Raccoon
Top Agents in 62870
Top Agents in Odin
Top Agents in Sandoval