NOT LISTED FOR SALE

123 E Columbus St Princeton, IL 61356

Estimated Value: $102,000 - $140,000

5 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold October 31, 2020

Last sale price $65,000

Est. 77% increase in value since last sale

Current estimated payment $788/month

35 Days on Market

Highlights

  • 2 Car Detached Garage
  • Heating System Uses Steam
  • 3-minute walk to Soldier and Sailors Park

About This Home

As of October 2020

The 2 unit apartment building is ready for you. The downstairs 2 bedroom unit is currently rented for $500/month. The upstairs 3 bedroom unit is currently vacant but all ready to go. You just need to find your tenant. All utilities are split and tenant pays for them all. There is a 2 car garage on property currently being used for storage by landlord. This could be rented out. Home could also be converted back to a single family home very easily. Hot water heaters new in 2009 and 2017, new boiler in 2009, new siding and gutters in 2013, new roof 2009, new garage cement floor 2014. This is a great location that is close to downtown shops and restaurants.

Last Agent to Sell the Property

Melissa Burrows

Success Realty Property Management, LLC Listed on: 09/07/2020

Last Buyer's Agent

Janelle McCarter

Landmark Realty of Illinois LLC License #471004781

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,258

Year Built

  • Built in 1890

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x152

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Converted Dwelling
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement

Schools

  • Princeton High School

Utilities

  • Radiator
  • Heating System Uses Steam

Community Details

  • 2 Units
  • Gross Income $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,258

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • List Price: 71000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Radiator(s)
  • Water Source: Public

Schools

  • High School: Princeton High School
  • Middle/Junior School District: 115

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X152
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Multi Family

  • GrossIncome: 1000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Converted Residence

Tax Info

  • Tax Annual Amount: 2258.28
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2020
Closed on
Oct 23, 2020
Sold by
Burrows Cody
Bought by
Palmetto Property Holdings Llc
Seller's Agent
Melissa Burrows
Success Realty Property Management, LLC
Buyer's Agent
Janelle McCarter
Landmark Realty of Illinois LLC
List Price
$72,500
Sold Price
$65,000
Premium/Discount to List
-$7,500
-10.34%
Current Estimated Value
$114,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,918
Avg. Annual Appreciation
12.25%

Purchase Details

Listed on
Mar 18, 2019
Closed on
Oct 8, 2019
Sold by
Johnson Delivery Service Inc
Bought by
Burrows Cody
Seller's Agent
Roxana Noble
BHHS Central Illinois, REALTORS
Buyer's Agent
Melissa Burrows
Success Realty Property Management, LLC
List Price
$75,000
Sold Price
$64,000
Premium/Discount to List
-$11,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.47%
Original Mortgage
$48,000
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Palmetto Property Holdings Llc $65,000 None Available
Burrows Cody $64,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burrows Cody $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2020 10/31/20 Sold $65,000 -8.5% --
10/12/2020 10/12/20 Pending -- -- --
09/30/2020 09/30/20 Price Changed $71,000 -2.1% --
09/07/2020 09/07/20 For Sale $72,500 +13.3% --
10/11/2019 10/11/19 Sold $64,000 -14.7% $30 / Sq Ft View Prior Sale
09/18/2019 09/18/19 For Sale $75,000 +17.2% $36 / Sq Ft
09/15/2019 09/15/19 Off Market $64,000 -- --
08/26/2019 08/26/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $75,000 0.0% $36 / Sq Ft
08/03/2019 08/03/19 Price Changed $75,000 -5.1% $36 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $79,000 -- $38 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,125 $26,991 $4,458 $22,533
2023 $2,008 $24,858 $4,106 $20,752
2022 $2,008 $23,306 $3,850 $19,456
2021 $1,964 $22,061 $3,644 $18,417
2020 $1,903 $21,254 $3,511 $17,743
2019 $2,258 $24,834 $3,469 $21,365
2018 $1,398 $15,391 $3,410 $11,981
2017 $1,422 $15,446 $3,422 $12,024
2016 $1,387 $15,043 $3,333 $11,710
2015 -- $11,505 $0 $11,505
2014 -- $14,780 $3,275 $11,505
2013 -- $14,860 $3,293 $11,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10851422

Midwest Real Estate Data (MRED)

APN: 16-16-329-022