531 College Ave
Salem, IL 62881
2 bd 1 ba 943 sqft Built 2024 Lot 15,246 sqft single_family
Most recent sale
$2,500
Oct 24, 2019
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 18, 2025 | Price changed | $186,900 | RMLSAlliance |
| Feb 25, 2025 | Listed | $189,900 | RMLSAlliance |
| Jul 30, 2024 | Sold | $130,000 | MRED |
| Dec 14, 2023 | Sold | $34,000 | MRED |
| Nov 15, 2022 | Price changed | $110,000 | RMLSAlliance |
| Dec 31, 2021 | Listed | $159,900 | MLS #EB442594 |
| Oct 24, 2019 | Sold | $2,500 | MLS #EB429850 |
| Aug 20, 2019 | Listed | $2,500 | MLS #429850 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $26,530 | $2,070 | $28,600 | $2,107 |
| 2022 | $22,540 | $1,750 | $24,290 | $2,053 |
| 2021 | — | $1,640 | $1,640 | $145 |
| 2020 | — | $1,630 | $1,630 | $144 |
Property facts
Year built
2024
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
943 sqft
Lot size
15,246 sqft
ZIP code
62881
City
Salem
Street
College Ave
Coordinates
38.63072, -88.94974
Comparable properties nearby
Frequently asked questions
When did 531 College Ave last sell?
531 College Ave most recently sold on Oct 24, 2019 for $2,500.
What is the current tax assessment for 531 College Ave?
The most recent total assessment for 531 College Ave (year 2024) is $28,600 with $2,107 in property tax.
How does 531 College Ave's assessment compare to its last sale price?
The current assessment is 1,044.0% above the last sale price of $2,500.
When was 531 College Ave built?
531 College Ave was built in 2024.
How does 531 College Ave compare to others on College Ave?
We track 8 other properties on College Ave. Browse the list under "Other properties on College Ave" to compare beds, baths, and sale history.
What are the property facts for 531 College Ave?
531 College Ave is a 2 bed, 1 bath, 943 sqft, 15,246 sqft lot single_family.
Is 531 College Ave a flip candidate?
Yes — 531 College Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 531 College Ave a tax-appeal candidate?
No — 531 College Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+8.5%
Implied 1-yr
+33.9%
2026 Q2
$292.5K
2026 Q3
$292.5K
ZIP 62881 — Median Price History + Forecast
Explore nearby
Geography
Other properties on College Ave