NOT LISTED FOR SALE

116 W Spring St Princeville, IL 61559

Estimated Value: $76,000 - $168,000

4 Beds
1.5 Baths
1,558 Sq Ft
$67/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $63,000 $40 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $712/month

63 Days on Market

Highlights

  • Sun or Florida Room
  • No HOA
  • Eat-In Kitchen
  • Corner Lot
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of March 2023

Spacious family home available in convenient location in Princeville! This home features newer siding, windows, water heater & furnace! Spacious living room opens to formal dining room. Eat-in kitchen showcases ample cabinetry. Main floor 1/2 bathroom. Basement with plenty of storage room & detached one stall garage. Seller is willing to entertain CONTRACT FOR DEED. House previously rented for 800 monthly.

Last Agent to Sell the Property

Troy Kerrn

Keller Williams Premier Realty License #475143734 Listed on: 11/18/2022

Keller Williams Premier Realty

Last Buyer's Agent

Jacinta Axelson

eXp Realty License #475191706

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,293

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 66x116x40x156x26
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,558 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Sun or Florida Room
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Princeville Elementary School
  • Princeville High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Village Of Princeville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-24-227-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,293

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Architectural Style: Two Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Cable Available
  • Living Area: 1558
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Porch/3-Season, Replacement Windows
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Gas Water Heater, Central
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Princeville
  • High School: Princeville

Lot Info

  • Zoning: RESIDENTIAL
  • Lot Size Acres: 0.18
  • Lot Size: 66X116X40X156X26
  • Parcel #: 02-24-227-006
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2292.7
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Mar 1, 2023
Sold by
Cady Michael L
Bought by
Larson Spencer P
Seller's Agent
Troy Kerrn
Keller Williams Premier Realty
Buyer's Agent
Jacinta Axelson
eXp Realty
List Price
$65,000
Sold Price
$63,000
Premium/Discount to List
-$2,000
-3.08%
Views
129
Current Estimated Value
$103,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,736
Avg. Annual Appreciation
20.62%
Original Mortgage
$61,858
Outstanding Balance
$59,958
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$43,778

Purchase Details

Closed on
Nov 2, 2022
Sold by
Crotts William E
Bought by
Cady Michael L and Cady Brianna
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Larson Spencer P $63,000 --
Cady Michael L $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Spencer P $61,858
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $63,000 +14.5% $40 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/17/2023 01/17/23 Price Changed $55,000 -8.3% $35 / Sq Ft
11/30/2022 11/30/22 Price Changed $60,000 -14.3% $39 / Sq Ft
11/18/2022 11/18/22 Price Changed $70,000 +7.7% $45 / Sq Ft
11/18/2022 11/18/22 For Sale $65,000 -- $42 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,027 $21,540 $4,720 $16,820
2023 $1,884 $19,940 $4,370 $15,570
2022 $2,238 $23,490 $4,090 $19,400
2021 $2,293 $23,970 $4,170 $19,800
2020 $2,235 $23,500 $4,090 $19,410
2019 $2,195 $23,500 $4,090 $19,410
2018 $2,953 $31,630 $4,090 $27,540
2017 $3,049 $31,630 $4,090 $27,540
2016 $3,051 $31,320 $4,050 $27,270
2015 $2,972 $31,010 $4,010 $27,000
2014 $2,693 $30,440 $3,910 $26,530
2013 -- $29,690 $3,810 $25,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1239135

RMLS Alliance

APN: 02-24-227-006