NOT LISTED FOR SALE

16 S Pleasant St Princeton, IL 61356

Estimated Value: $125,000 - $140,000

3 Beds
2 Baths
-- Sq Ft
8,320 Sq Ft Lot

Last Sold August 10, 2023

Last sale price $105,000

Est. 23% increase in value since last sale

Current estimated payment $954/month

17 Days on Market

Highlights

  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • 3-minute walk to City County Park
  • Forced Air Heating System

About This Home

As of August 2023

Currently used as a 2-unit residence but could be converted to a single-family home by removing a few doors. Building has newer windows, steel siding and new roof in 2021 on home and garage. Downstairs unit has 2 bedrooms and 1 bath. There is vinyl plank flooring in kitchen and bathroom. Upstairs unit has 1 bedroom and 1 bath. Both units are occupied and tenants have been living in home for many years. There is a nice sized yard and a 2-car garage in the rear of the property. Each unit pays for electricity and garbage. Landlord (owner) pays for heat and water for both units. Each tenant has access to the basement. There are washer and dryer hook-ups in the basement. Great location near downtown and schools. Building is broker owned.

Last Agent to Sell the Property

Melissa Burrows

Success Realty Property Management, LLC Listed on: 05/21/2023

Last Buyer's Agent

Crystal Lilley

Landmark Realty of Illinois LLC License #475123713

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,662

Year Built

  • Built in 1891

Lot Details

  • Lot Dimensions are 64x130
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Steel Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement

Schools

  • Princeton High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,662

Year Built

Built in 1891

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: 1891
  • 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: 3
  • 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

Exterior Features

  • List Price: 112000
  • Waterfront: No
  • Exterior Building Type: Steel Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: Y

Schools

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

Lot Info

  • Lot Dimensions: 64X130
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 2661.56
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Aug 10, 2023
Sold by
Burrows Thomas J and Burrows Melissa A
Bought by
Roberts Doyle and Roberts Ashley
Seller's Agent
Melissa Burrows
Success Realty Property Management, LLC
Buyer's Agent
Crystal Lilley
Landmark Realty of Illinois LLC
List Price
$112,000
Sold Price
$105,000
Premium/Discount to List
-$7,000
-6.25%
Views
330
Current Estimated Value
$129,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,402
Avg. Annual Appreciation
5.84%
Original Mortgage
$84,000
Outstanding Balance
$82,364
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$35,182
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
Roberts Doyle $105,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Doyle $84,000
Previous Owner Burrows Thomas J $43,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $105,000 -6.3% --
06/09/2023 06/09/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $112,000 -- --
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 $2,880 $36,583 $4,941 $31,642
2023 $2,880 $33,693 $4,551 $29,142
2022 $2,722 $31,589 $4,267 $27,322
2021 $2,662 $29,902 $4,039 $25,863
2020 $2,579 $28,807 $3,891 $24,916
2019 $2,588 $28,462 $3,844 $24,618
2018 $2,540 $27,975 $3,778 $24,197
2017 $2,584 $28,076 $3,792 $24,284
2016 $2,521 $27,343 $3,693 $23,650
2015 -- $23,237 $0 $23,237
2014 -- $26,866 $3,629 $23,237
2013 -- $27,012 $3,649 $23,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11789302

Midwest Real Estate Data (MRED)

APN: 16-16-153-007