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3087 State Rte 37

3087 State Rte 37, Salem, IL 62881
Property in Salem
Sold Mar 18, 2005
$32,750
$66,432 by United States Department Of Ag
Mortgage Due Mar 15, 2038
Local assessors in Salem, IL have categorized 3087 State Rte 37 as a residential type of property. The property's lot size has been calculated to be 17,672 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Mar 9, 2005 for $32,750. 3087 State Rte 37 was last assessed in 2022. The total value of the property was assessed at $20,010. Specifically, the land the property is located on was valued at $1,260. While improvements on the property were assessed at a total of $18,750. 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 $992. 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: 17,672
  • 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: GOODNOW ACRES
  • Land Acres: 0.405
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: GOODNOW ACRES LOT 20 & 40 FT. OFF S SIDE OF LOT 21

Ownership

  • Current Owner : LOCKHART JOSEPH W
  • Current Owner 2: LOCKHART MICHELLE L
  • Previous Owner : WOOTERS THOMAS WAYNE
  • Previous Owner 2: WOOTERS AMANDA GAYLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem School District 111
  • Census Tract: 952200

Geography

  • District: 11
  • Parcel: 1126000028
  • Lot: 20,21
  • Municipality: SALEM TOWNSHIP
  • Latitude: 38.5875
  • Longitude: -88.9406

    Address

  • Full Address: 3087 State Route 37
  • Address - House Number: 3087
  • Address - Street Name: State Route 37
  • State: IL
  • City Name: Salem
  • Carrier Code: R002
  • 4-Digit Zip Code: 3667
  • Zip Code: 62881

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $992
  • Tax Rate Code Area: 11007

    Appraisal Valuation

  • Standard Deviation: 0.1221
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 75
  • Final Value: 98,912
  • High Value: 110,995
  • Low Value: 86,828

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $66,432
  • First Open Lien Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • First Open Lien Mortgage Recording Date: Mar 18, 2005
  • First Open Lien Mortgage Loan Amount: $66,432
  • First Open Lien Mortgage Term: 395
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: USDA
  • First Open Lien Mortgage Loan Due Date: Mar 15, 2038

    Market Valuation

  • Market Total Value: $60,030
  • Market Land Value: $3,780
  • Market Improvement Value: $56,250

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,010
  • Assessed Land Value: $1,260
  • Assessed Improvements Value: $18,750

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2005
  • Current Sale Recording Date: Mar 18, 2005
  • Current Sale Transaction ID: 1178729831
  • Current Sale Price: $32,750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2005R02073

    Last Sale Mortgage

  • First Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • First Mortgage Transaction Date: Mar 18, 2005
  • First Mortgage Loan Amount: $66,432
  • First Mortgage Terms: 395
  • First Mortgage Loan Type: USDA
  • First Mortgage Loan Due Date: Mar 15, 2038

About Marion



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Frequently Asked Questions

What neighborhood is 3087 State Rte 37 located in?
The 3087 State Rte 37 is a located in the neighborhood of Salem in Marion, Salem.
What is the average sales price for listings in 3087 State Rte 37?
The average sales price for units in 3087 State Rte 37 is $0 currently.

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