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Backup Offers

416 Sherwood Ln, Salem, IL, 62881

$165,000

Home List Price

$1,959*

Closing Credit

3 Bedrooms
2 Full Baths
1,664 SqFt
$99/SqFt
House
Schools Nearby

Location

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416 Sherwood Ln, Salem$165,000

Buyer Closing Credits

$1,959*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached Garage2 spaces
Year Built1995
HeatingNatural Gas, Central
MLS #EB452804
StatusAccepting Backup Offers
(Pending Continue to Show)

About 416 Sherwood Ln

Inviting 3 bedroom and 2 full bath home in Cottonwood Subdivision awaits new owners to enjoy the home and back yard. Kitchen overlooks into the dining room area. Plenty of room for breakfast coffee at the snack bar on the on back patio. All kitchen appliances are included as well as the washer and dryer. Ample storage may be found in the home, garage and shed. Hurry and call for an appointment on this home

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1995
  • Living Area: 1,664 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Oven, Washer, Dryer
  • Basement: No
  • Interior: Security System, High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fenced Yard, Shed(s)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Central

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: Route 37 north of Salem. Turn right (east) onto Hardacre Rd. Then right on Lynnwood. Left on Sherwood. Home is on the left at 416

Price Information

Listing Price Info

Price Summary:

  • List Price: $165,000
  • Price Per SqFt: $99/SqFt

Tax Information:

  • Annual Amount: $1,709
  • 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

$89

Avg. Days On Market

32

# of Sold Homes

12

416 Sherwood Ln vs Salem

31 DAYS ON ROCKET

-1 Day

$165,000

+$35.6K More

$99/SqFt

+$9 More

KEY TAKEAWAY

This property is $35.6K more than the Median Sold Price and $9/SqFt more than other homes in Salem, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB452804

Listing Office:

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

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: 5/2/2024, 12:50:21 AM 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$1,709$41,360
2019$1,749$39,840
2018$877$39,840
2017$18$40,440

History based on county public records data.

Payment Calculator

$891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

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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-4543952
8
/10

  • Franklin Park Middle School

  • 1325 N Franklin St

  • 1.16 miles

  • Public District Grades 4-8

High School

school-card-donut-4543953
4
/10

  • Salem Community High School

  • 1200 N Broadway Ave

  • 0.78 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 $49,659. The majority of Salem, IL residents have income less than $35k annually. The most common type of family is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 416 Sherwood Ln

What is the listing price of this property?

The listing price of 416 Sherwood Ln property is $165,000.

What type of property is this?

The property 416 Sherwood Ln is a house located in Salem, Illinois, 62881.

Is this property for sale now?

Accepting Backup Offers: 416 Sherwood Ln 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 416 Sherwood Ln 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 $1,709 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 416 Sherwood Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 416 Sherwood Ln is 1,664 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 416 Sherwood Ln is 1995.

Rocket Homes›Illinois›Marion County›Salem›62881›416 Sherwood Ln

This home is located at 416 Sherwood Ln in Salem, IL and zip code 62881. This 1,664 square foot home was built in 1995. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 31, 2024 and is currently priced at $165,000.

Salem, IL housing market in April 2024 saw over 2 listings sold above listed price, more than 4 sold at listed price and over 6 sold below. The median list price of listings available in April 2024 was $129,350, while the average time on the real estate market was 32 days.

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

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