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902 North Reel Avenue

902 North Reel Avenue, Salem, IL 62881
Property in Salem
Sold Jul 30, 2014
$84,000
$82,478 by Us Bank Na
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 14,768 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, 902 North Reel Avenue was last sold in Jul 25, 2014 for $84,000. Current property owners are expected to pay $2,098 in taxes per year. The property on 902 North Reel Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $30,820. To break that down further, the land itself was valued at $2,710. While improvements to the property were assessed at a total of $28,110. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

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: 14,768
  • 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: TULSA
  • Land Acres: 0.339
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: T. RIG & BROOKSIDE LOT 3 BLOCK 3

Ownership

  • Current Owner : HARRISON JUSTIN R
  • Current Owner 2: HARRISON LEIA B
  • Previous Owner : THOMAS WILLIAM P
  • Previous Owner 2: THOMAS DEBORAH L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 11
  • Parcel: 1100021320
  • Block: 3
  • Lot: 3
  • Municipality: SALEM TOWNSHIP
  • Latitude: 38.634
  • Longitude: -88.9589

    Address

  • Full Address: 902 N Reel Ave
  • Address - House Number: 902
  • Street Direction: N
  • Address - Street Name: Reel
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Salem
  • Carrier Code: R006
  • 4-Digit Zip Code: 1133
  • Zip Code: 62881

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,098
  • Tax Rate Code Area: 11002

    Appraisal Valuation

  • Standard Deviation: 0.1221
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 75
  • Final Value: 132,583
  • High Value: 148,779
  • Low Value: 116,386

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,478
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jul 30, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $82,478
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $92,460
  • Market Land Value: $8,130
  • Market Improvement Value: $84,330

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,820
  • Assessed Land Value: $2,710
  • Assessed Improvements Value: $28,110

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 25, 2014
  • Current Sale Recording Date: Jul 30, 2014
  • Current Sale Transaction ID: 1475562065
  • Current Sale Price: $84,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014R04123

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jul 30, 2014
  • First Mortgage Loan Amount: $82,478
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Salem



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Frequently Asked Questions

What neighborhood is 902 North Reel Avenue located in?
The 902 North Reel Avenue is a located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 902 North Reel Avenue?
The average sales price for units in 902 North Reel Avenue is $0 currently.

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