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353 Northwood Ln

Salem, IL 62881

3 bd 2 ba 1,537 sqft Built 1976 Lot 11,326 sqft single_family
Most recent sale
$142,000
Dec 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2022 Sold $142,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $33,440 $4,790 $38,230 $2,374
2022 $28,410 $4,070 $32,480 $2,745
2021 $26,550 $3,800 $30,350 $529
2020 $26,340 $3,770 $30,110 $526
2019 $25,380 $3,630 $29,010 $538
2018 $25,380 $3,630 $29,010 $540
2017 $25,020 $3,560 $28,580 $545
2016 $23,600 $3,360 $26,960 $556
2015 $23,600 $3,360 $26,960 $543
2014 $23,600 $3,360 $26,960 $547
2013 $23,370 $3,330 $26,700 $547
2012 $23,140 $3,300 $26,440 $631
2011 $22,390 $3,300 $25,690 $622
2010 $22,850 $3,370 $26,220 $591
2008 $22,110 $3,260 $25,370 $691
2006 $20,250 $2,980 $23,230 $793

Property facts

Year built
1976
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,537 sqft
Lot size
11,326 sqft
ZIP code
62881
City
Salem
Street
Northwood Ln
Coordinates
38.64485, -88.93892

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
$852
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 353 Northwood Ln last sell?
353 Northwood Ln most recently sold on Dec 1, 2022 for $142,000.
What is the current tax assessment for 353 Northwood Ln?
The most recent total assessment for 353 Northwood Ln (year 2024) is $38,230 with $2,374 in property tax.
How does 353 Northwood Ln's assessment compare to its last sale price?
The current assessment is 73.1% below the last sale price of $142,000.
When was 353 Northwood Ln built?
353 Northwood Ln was built in 1976.
How does 353 Northwood Ln compare to others on Northwood Ln?
We track 8 other properties on Northwood Ln. Browse the list under "Other properties on Northwood Ln" to compare beds, baths, and sale history.
What are the property facts for 353 Northwood Ln?
353 Northwood Ln is a 3 bed, 2 bath, 1,537 sqft, 11,326 sqft lot single_family.
Is 353 Northwood Ln a flip candidate?
No — 353 Northwood Ln does not appear in our flips dataset.
Is 353 Northwood Ln a tax-appeal candidate?
No — 353 Northwood 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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