503 Franklin St
Salem, IL 62881
2 bd 1 ba 882 sqft Built 1925 single_family
Most recent sale
$75,000
Jun 5, 2018
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2022 | Sold | $61,000 | MRED |
| Sep 15, 2022 | Listed | $63,000 | MLS #EB446256 |
| Jun 5, 2018 | Sold | $75,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $10,680 | $2,350 | $13,030 | $960 |
| 2022 | $9,070 | $3,390 | $12,460 | $1,053 |
| 2021 | $8,480 | $3,170 | $11,650 | $1,033 |
| 2020 | $8,220 | $3,150 | $11,370 | $1,004 |
| 2019 | $7,920 | $3,030 | $10,950 | $989 |
| 2018 | $7,920 | $3,030 | $10,950 | $992 |
| 2017 | $7,760 | $2,970 | $10,730 | $982 |
| 2016 | $7,320 | $2,800 | $10,120 | $967 |
| 2015 | $7,320 | $2,800 | $10,120 | $923 |
| 2014 | $7,320 | $2,800 | $10,120 | $929 |
| 2013 | $7,250 | $2,770 | $10,020 | $920 |
| 2012 | $7,310 | $2,740 | $10,050 | $912 |
| 2011 | $7,310 | $2,740 | $10,050 | $899 |
| 2010 | $7,460 | $2,800 | $10,260 | $872 |
| 2009 | $7,460 | $2,800 | $10,260 | $890 |
| 2008 | $7,220 | $2,710 | $9,930 | $920 |
| 2007 | $6,880 | $2,580 | $9,460 | $875 |
| 2006 | $6,620 | $2,480 | $9,100 | $853 |
Property facts
Year built
1925
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
882 sqft
Lot size
—
ZIP code
62881
City
Salem
Street
Franklin St
Coordinates
38.62377, -88.95097
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 503 Franklin St last sell?
503 Franklin St most recently sold on Jun 5, 2018 for $75,000.
What is the current tax assessment for 503 Franklin St?
The most recent total assessment for 503 Franklin St (year 2024) is $13,030 with $960 in property tax.
How does 503 Franklin St's assessment compare to its last sale price?
The current assessment is 82.6% below the last sale price of $75,000.
When was 503 Franklin St built?
503 Franklin St was built in 1925.
How does 503 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 503 Franklin St?
503 Franklin St is a 2 bed, 1 bath, 882 sqft single_family.
Is 503 Franklin St a flip candidate?
No — 503 Franklin St does not appear in our flips dataset.
Is 503 Franklin St a tax-appeal candidate?
No — 503 Franklin St 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 Franklin St