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1107 Meadow Ln

Salem, IL 62881

2 bd 1 ba 980 sqft Built 1960 Lot 14,810 sqft single_family
Most recent sale
$75,000
Nov 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 22, 2022 Sold $75,000 Public Record
Nov 15, 2022 Sold $75,000 MRED
Jul 21, 2016 Sold $38,000 Egyptian
Jan 29, 2013 Sold $24,000 Public Record
Jan 28, 2013 Sold $38,000 MRED
Dec 27, 2012 Listed $39,900 Egyptian
Jan 3, 2012 Listing removed $49,900 Egyptian
Nov 15, 2011 Price changed $49,900 Egyptian
Oct 11, 2011 Price changed $59,900 Egyptian
Sep 19, 2011 Listed $64,900 Egyptian
Mar 18, 2005 Sold $60,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $26,290 $4,320 $30,610 $1,813
2022 $22,340 $3,330 $25,670 $2,170
2021 $20,970 $6,960 $27,930 $2,477
2020 $20,810 $6,900 $27,710 $2,446
2019 $20,050 $6,650 $26,700 $2,411
2018 $20,050 $6,650 $26,700 $2,417
2017 $19,660 $6,520 $26,180 $2,395
2016 $18,760 $6,150 $24,910 $1,819
2015 $18,760 $6,150 $24,910 $1,724
2014 $18,760 $6,150 $24,910 $1,735
2013 $18,570 $6,090 $24,660 $1,712
2012 $18,390 $6,030 $24,420 $2,215
2011 $18,390 $6,030 $24,420 $1,646
2010 $19,270 $6,150 $25,420 $1,649
2008 $18,650 $5,950 $24,600 $1,769
2006 $17,080 $5,450 $22,530 $1,643

Property facts

Year built
1960
Property type
single_family
Stories
Beds
2
Baths
1
Living area
980 sqft
Lot size
14,810 sqft
ZIP code
62881
City
Salem
Street
Meadow Ln
Coordinates
38.63648, -88.95809

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1107 Meadow Ln last sell?
1107 Meadow Ln most recently sold on Nov 22, 2022 for $75,000.
What is the current tax assessment for 1107 Meadow Ln?
The most recent total assessment for 1107 Meadow Ln (year 2024) is $30,610 with $1,813 in property tax.
How does 1107 Meadow Ln's assessment compare to its last sale price?
The current assessment is 59.2% below the last sale price of $75,000.
When was 1107 Meadow Ln built?
1107 Meadow Ln was built in 1960.
How does 1107 Meadow Ln compare to others on Meadow Ln?
We track 7 other properties on Meadow Ln. Browse the list under "Other properties on Meadow Ln" to compare beds, baths, and sale history.
What are the property facts for 1107 Meadow Ln?
1107 Meadow Ln is a 2 bed, 1 bath, 980 sqft, 14,810 sqft lot single_family.
Is 1107 Meadow Ln a flip candidate?
No — 1107 Meadow Ln does not appear in our flips dataset.
Is 1107 Meadow Ln a tax-appeal candidate?
No — 1107 Meadow Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.5%
Implied 1-yr
+33.9%
2026 Q2
$292.5K
2026 Q3
$292.5K
ZIP 62881 — Median Price History + Forecast

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