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  • $250,000

    531 Cottonwood Dr, Salem, IL 62881

    5beds
    2,096sqft
    Townhouse, Single Family Residence
    Built in 1981
    0.39 Acres Lot
    $263,300 Zestimate®
    $119/sqft
    $2,091 Estimated rent

    Home value

    $263,300

    Estimated sales range

    Not available

    $2,091/mo

    Zestimate® history
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    What's special

    5 bedroom home located in Cottonwood Subdivision? This could be what you are waiting on! Call quickly on this one! Neutral interior and luxury vinyl plan flooring in the open living room/dining room and main level living area. Newer refrigerator and range located in the bright kitchen area. Dining room opens to a deck ideal for grilling and entertaining. Above ground pool and shed add to the appeal of this oversized yard. Family room area in the lower level also opens to the backyard. If you have thought about looking for a home like this one, now might be the time to check this out.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stacey Russell 618-322-4321,

    SOMER REAL ESTATE

    Bought with:

    Jacqueline Ice

    DYNACONNECTIONS

    Source: MRED as distributed by MLS GRID,MLS#: EB449762MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Flooring (Luxury Vinyl), Bathroom (Full)
    • Level: Main
    • Area: 126 Square Feet
    • Dimensions: 14x9
    Bedroom 2
    • Features: Flooring (Luxury Vinyl)
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Bedroom 3
    • Features: Flooring (Luxury Vinyl)
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9x9
    Bedroom 4
    • Features: Flooring (Tile)
    • Level: Lower
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 5
    • Features: Flooring (Carpet)
    • Level: Lower
    • Area: 176 Square Feet
    • Dimensions: 11x16
    Dining room
    • Features: Flooring (Luxury Vinyl)
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10x8
    Family room
    • Features: Flooring (Carpet)
    • Level: Lower
    • Area: 375 Square Feet
    • Dimensions: 25x15
    Kitchen
    • Features: Kitchen (Island), Flooring (Luxury Vinyl)
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Living room
    • Features: Flooring (Luxury Vinyl)
    • Level: Main
    • Area: 288 Square Feet
    • Dimensions: 18x16
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Gas Water Heater
    Features
    • Basement: Egress Window
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 2,096 sqft
    • Finished area below ground: 1,075

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    Features
    • Levels: Bi-Level
    • Patio & porch: Deck
    • Pool features: Above Ground
    Lot
    • Size: 0.39 Acres
    • Dimensions: 93x183 estimated
    • Features: Level
    Details
    • Parcel number: 1100025400

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Bi-Level
    • Property subtype: Townhouse, Single Family Residence
    Materials
    • Frame, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Cottonwood Village
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $119/sqft
    • Tax assessed value: $205,980
    • Annual tax amount: $4,424
    • Date on market: 2/2/2026
    • Listing terms: Conventional

    Price history

    DateEventPrice
    8/5/2025Sold$250,000-7.4%$119/sqft
    Source: Public Record Report a problem
    6/13/2025Pending sale$270,000$129/sqft
    Source: Owner Report a problem
    5/28/2025Price change$270,000-1.8%$129/sqft
    Source: Owner Report a problem
    5/21/2025Listed for sale$275,000+25%$131/sqft
    Source: Owner Report a problem
    8/31/2023Sold$220,000$105/sqft
    Source: MRED as distributed by MLS GRID #EB449762 Report a problem
    7/18/2023Contingent$220,000$105/sqft
    Source: RMLS Alliance as distributed by MLS GRID #EB449762 Report a problem
    7/13/2023Listed for sale$220,000+55.5%$105/sqft
    Source: RMLS Alliance as distributed by MLS GRID #EB449762 Report a problem
    7/20/2018Sold$141,500-5.6%$68/sqft
    Source: Public Record Report a problem
    6/18/2018Listed for sale$149,900$72/sqft
    Source: Jeff Dunahee Realty #417117 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,617 +0.3%$68,660 +7%
    2023$4,606 +4.1%$64,170 +10%
    2022$4,424 +2.8%$58,330 +7%
    2021$4,303 +1.3%$54,510 +4.6%
    2020$4,247 +1.9%$52,120
    2019$4,166 -0.2%$52,120
    2018$4,176 +7.6%$52,120 +7.6%
    2017$3,882 +2%$48,430 +6%
    2016$3,804 +10411.1%$45,690
    2015$36 +2.8%$45,690 +2%
    2012$35 +11%$44,800 +8%
    2011$32 -99%$41,470 -2%
    2010$3,086 -2%$42,320
    2009$3,150 $42,320
    Find assessor info on the county website

    Neighborhood: 62881

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Salem
    • Middle: Salem
    • High: Salem Community High School

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $263,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $263,300