3500 Hotze Rd
Salem, IL 62881
4 bd 3 ba 2,634 sqft Built 1979 Lot 871,200 sqft single_family
Most recent sale
$405,000
Sep 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 2, 2022 | Sold | $405,000 | Public Record |
| Jul 22, 2022 | Listed | $399,000 | MLS #EB445517 |
| May 11, 2020 | Listing removed | $59,000 | MARIS |
| Feb 18, 2020 | Listed | $59,000 | MLS #20010330 |
| May 31, 2017 | Sold | $181,600 | Public Record |
| Jul 21, 2016 | Sold | $220,000 | MLS #238765 |
| May 29, 2013 | Sold | $266,250 | MLS #317391 |
| Apr 5, 2013 | Relisted | $275,900 | MLS #317391 |
| Mar 31, 2013 | Listing removed | $275,900 | Egyptian |
| Jan 3, 2005 | Sold | $220,000 | MRED |
| Jan 3, 2005 | Listed | $235,000 | MLS #238765 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $118,550 | $8,368 | $126,918 | $7,297 |
| 2022 | $100,720 | $4,855 | $105,575 | $7,135 |
| 2021 | $94,130 | $4,291 | $98,421 | $6,981 |
| 2020 | $93,410 | $3,886 | $97,296 | $7,268 |
| 2019 | $89,990 | $3,466 | $93,456 | $7,172 |
| 2018 | $89,990 | $3,147 | $93,137 | $7,190 |
| 2017 | $88,230 | $2,818 | $91,048 | $7,097 |
| 2016 | $83,240 | $2,444 | $85,684 | $6,852 |
| 2015 | $82,940 | $2,209 | $85,149 | $6,554 |
| 2014 | $82,940 | $2,054 | $84,994 | $6,490 |
| 2013 | $82,120 | $1,800 | $83,920 | $6,327 |
| 2012 | $81,310 | $1,780 | $83,090 | $4,839 |
| 2011 | $81,310 | $1,780 | $83,090 | $4,828 |
| 2010 | $82,970 | $1,820 | $84,790 | $4,754 |
| 2009 | $82,970 | $18,320 | $101,290 | $4,659 |
| 2008 | $80,280 | $1,760 | $82,040 | $5,662 |
| 2007 | $73,040 | $1,673 | $74,713 | $5,434 |
| 2006 | $70,410 | $1,617 | $72,027 | $5,576 |
Property facts
Year built
1979
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
2,634 sqft
Lot size
871,200 sqft
ZIP code
62881
City
Salem
Street
Hotze Rd
Coordinates
38.60101, -88.97470
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,741
Gross rental yield
14.05%
Implied cap rate
9.13%
Trend-extrapolated value
—
Frequently asked questions
When did 3500 Hotze Rd last sell?
3500 Hotze Rd most recently sold on Sep 2, 2022 for $405,000.
What is the current tax assessment for 3500 Hotze Rd?
The most recent total assessment for 3500 Hotze Rd (year 2024) is $126,918 with $7,297 in property tax.
How does 3500 Hotze Rd's assessment compare to its last sale price?
The current assessment is 68.7% below the last sale price of $405,000.
When was 3500 Hotze Rd built?
3500 Hotze Rd was built in 1979.
How does 3500 Hotze Rd compare to others on Hotze Rd?
We track 8 other properties on Hotze Rd. Browse the list under "Other properties on Hotze Rd" to compare beds, baths, and sale history.
What are the property facts for 3500 Hotze Rd?
3500 Hotze Rd is a 4 bed, 3 bath, 2,634 sqft, 871,200 sqft lot single_family.
Is 3500 Hotze Rd a flip candidate?
No — 3500 Hotze Rd does not appear in our flips dataset.
Is 3500 Hotze Rd a tax-appeal candidate?
No — 3500 Hotze Rd 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
Other properties on Hotze Rd