524 Marion Ave
Salem, IL 62881
3 bd 2 ba 1,400 sqft Built 1958 Lot 283,711 sqft single_family
Most recent sale
$150,000
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $150,000 | MLS #22049514 |
| Jul 27, 2022 | Listed | $165,000 | MLS #22049514 |
| Jan 15, 2019 | Sold | $35,000 | MLS #424580 |
| Nov 14, 2018 | Listed | $44,900 | MLS #424580 |
| Nov 1, 2017 | Listed | $83,430 | MLS #416898 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $16,970 | $10,210 | $27,180 | $1,560 |
| 2022 | $14,420 | $8,670 | $23,090 | $1,444 |
| 2021 | $13,480 | $8,100 | $21,580 | $1,382 |
| 2020 | $13,380 | $8,030 | $21,410 | $1,361 |
| 2019 | $37,380 | $7,740 | $45,120 | $4,076 |
| 2018 | $37,380 | $7,740 | $45,120 | $3,542 |
| 2017 | $36,650 | $7,590 | $44,240 | $3,498 |
| 2016 | $34,580 | $7,160 | $41,740 | $3,427 |
| 2015 | $34,580 | $7,160 | $41,740 | $3,258 |
| 2014 | $34,580 | $7,160 | $41,740 | $3,280 |
| 2013 | $34,240 | $7,090 | $41,330 | $3,243 |
| 2012 | $33,940 | $7,020 | $40,960 | $3,172 |
| 2011 | $33,940 | $7,020 | $40,960 | $3,126 |
| 2010 | $34,630 | $7,160 | $41,790 | $2,678 |
| 2009 | $34,630 | $7,160 | $41,790 | $2,734 |
| 2008 | $33,510 | $6,930 | $40,440 | $2,854 |
| 2007 | $31,910 | $6,600 | $38,510 | $2,736 |
| 2006 | $22,390 | $6,350 | $28,740 | $2,225 |
Property facts
Year built
1958
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
283,711 sqft
ZIP code
62881
City
Salem
Street
Marion Ave
Coordinates
38.62343, -88.93776
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 524 Marion Ave last sell?
524 Marion Ave most recently sold on Oct 14, 2022 for $150,000.
What is the current tax assessment for 524 Marion Ave?
The most recent total assessment for 524 Marion Ave (year 2024) is $27,180 with $1,560 in property tax.
How does 524 Marion Ave's assessment compare to its last sale price?
The current assessment is 81.9% below the last sale price of $150,000.
When was 524 Marion Ave built?
524 Marion Ave was built in 1958.
How does 524 Marion Ave compare to others on Marion Ave?
We track 7 other properties on Marion Ave. Browse the list under "Other properties on Marion Ave" to compare beds, baths, and sale history.
What are the property facts for 524 Marion Ave?
524 Marion Ave is a 3 bed, 2 bath, 1,400 sqft, 283,711 sqft lot single_family.
Is 524 Marion Ave a flip candidate?
No — 524 Marion Ave does not appear in our flips dataset.
Is 524 Marion Ave a tax-appeal candidate?
No — 524 Marion 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 Marion Ave