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Backup Offers

312 E Locust St, Salem, IL, 62881

$27,500

Home List Price

$327*

Closing Credit

2 Bedrooms
1 Full Bath
1,056 SqFt
$26/SqFt
House
Schools Nearby

Location

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312 E Locust St, Salem$27,500

Buyer Closing Credits

$327*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGravel
Year Built1920
HeatingNatural Gas, Wood, Other
MLS #EB451224
StatusAccepting Backup Offers
(Pending Continue to Show)

About 312 E Locust St

PRICE REDUCED, don't miss your chance! This 2 bedroom, 1 bath fixer upper is up for grabs! Recent updates include new 200 amp box in 2022, new gutters in 2022, laminate flooring, new plumbing and gas line in the last 4 years. Roof is roughly 15 yrs old, wood stove in living room stays. There is an outdoor hot water source. Home is being sold as is.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1920
  • Living Area: 1,056 SqFt

Listing Office:

  • Office Name: SOMER REAL ESTATE
  • Office Phone: (618) 548-5123
  • Listing Agent: CHRISTINA GILLETT

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Shed(s)

Parking Information:

  • Parking: Gravel

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Wood, Other

School Info

Assigned Schools Information:

  • Salem Community High School, Public District Grades 9-12
  • Franklin Park Middle School, Public District Grades 4-8

Other

Directions Information:

  • Directions: From Rt 37 South in Salem, turn east on Locust. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $27,500
  • Price Per SqFt: $26/SqFt

Tax Information:

  • Annual Amount: $513
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Salem, IL.

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Salem, IL

City

Med. Sold Price

$129.3K

Med. Price/SqFt

$88

Avg. Days On Market

93

# of Sold Homes

7

312 E Locust St vs Salem

173 DAYS ON ROCKET

+80 Days

$27,500

-$101.8K Less

$26/SqFt

-$63 Less

KEY TAKEAWAY

This property is $101.8K less than the Median Sold Price and $63/SqFt less than other homes in Salem, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB451224

Listing Office:

  • Office Name: SOMER REAL ESTATE
  • Office Phone: (618) 548-5123
  • Listing Agent: CHRISTINA GILLETT

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 11:20:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$513$5,810
2019$512$5,670
2018$513$5,670
2017$5$5,560

History based on county public records data.

Payment Calculator

$205

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$149

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-1717192
8
/10

  • Franklin Park Middle School

  • 1325 N Franklin St

  • 1.20 miles

  • Public District Grades 4-8

High School

school-card-donut-1717193
4
/10

  • Salem Community High School

  • 1200 N Broadway Ave

  • 0.93 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,066. Residents of Salem, IL typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 312 E Locust St

What is the listing price of this property?

The listing price of 312 E Locust St property is $27,500.

What type of property is this?

The property 312 E Locust St is a house located in Salem, Illinois, 62881.

Is this property for sale now?

Accepting Backup Offers: 312 E Locust St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 312 E Locust St are:
Franklin Park Middle School: GreatSchools Rating 8/10
Salem Community High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $513 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 312 E Locust St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 312 E Locust St is 1,056 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 312 E Locust St is 1920.

Rocket Homes›Illinois›Marion County›Salem›62881›312 E Locust St

This home is located at 312 E Locust St in Salem, IL and zip code 62881. This 1,056 square foot home was built in 1920. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 06, 2023 and is currently priced at $27,500.

Salem, IL housing market in March 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. The inventory of homes for sale in Salem, IL between February 2024 and March 2024 increased by 31%. While the average time on the market in March 2024 was 93 days, the median list price was $129,350.

From Rocket Homes Real Estate and based on county public records data.

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