NOT LISTED FOR SALE

225 E Peru St Princeton, IL 61356

Estimated Value: $175,060

4 Beds
3.5 Baths
2,010 Sq Ft
$87/Sq Ft Est. Value

Last Sold December 17, 2024

Last sale price $160,000 $80 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,179/month

67 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Wood Flooring
  • Corner Lot
  • Laundry Room

About This Home

As of December 2024

INCOME-PRODUCING HOME in a great location with 3 separate rental units! Located just a couple of blocks from Princeton's south end business district, tenants can easily get food and other items at nearby businesses. Home has many updates in the last few years, including 2 new porches in 2019, roof repair, and shower replacement. Apt.1 has central air. Apartments 2 & 3 have window units. Apt.1 has radiant heat and apartments 2 & 3 have furnaces. A two-car garage and a large private parking area in back provide space for vehicles. So don't delay, come see today, if this home is a good choice for your housing needs.

Last Agent to Sell the Property

Roxana Noble

BHHS Central Illinois, REALTORS Listed on: 10/06/2024

Last Buyer's Agent

Eric Johnston

Landmark Realty of Illinois LLC License #471000510

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,240

Year Built

  • Built in 1890 | Remodeled in 2019

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 47.5 x 190
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Side Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 2,010 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic
  • Gas Cooktop
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Schools

  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,240

Year Built

Built in 1890 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Refrigerator, Gas Cooktop
  • Basement: Unfinished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Hardwood, Carpet
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 2010
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2010
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2010
  • Attic: Unfinished

Exterior Features

  • Construction Materials: Conventional
  • Lot Features: Corner Lot, Level
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Side Driveway, On Site, Garage Owned, Detached, Off Street, Garage
  • ParkingTotal: 9

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Princeton High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 47.5 X 190
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3239.68
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2024
Closed on
Feb 14, 2025
Sold by
Shenlund Kenneth D and Shenlund Diann R
Bought by
Alexander Jason
Seller's Agent
Roxana Noble
BHHS Central Illinois, REALTORS
Buyer's Agent
Eric Johnston
Landmark Realty of Illinois LLC
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%
Views
86
Current Estimated Value
$175,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,060
Avg. Annual Appreciation
8.06%
Original Mortgage
$110,000
Outstanding Balance
$109,446
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$65,614

Purchase Details

Closed on
Oct 30, 2013
Sold by
Shenlund Kenneth D and Shenlund Diann R
Bought by
Shenlund Kenneth D and Shenlund Diann R

Purchase Details

Closed on
Jul 1, 2008
Sold by
Nickel William J and Nickel Dorothy D
Bought by
Shenlund Kenneth D and Shenlund Diann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.15%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alexander Jason $160,000 None Listed On Document
Shenlund Kenneth D -- None Available
Shenlund Kenneth D $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Jason $110,000
Previous Owner Shenlund Kenneth D $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 Sold $160,000 -10.6% $80 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
10/06/2024 10/06/24 For Sale $179,000 -- $89 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,240 $41,152 $4,458 $36,694
2023 $3,240 $37,900 $4,106 $33,794
2022 $3,062 $35,534 $3,850 $31,684
2021 $2,994 $33,636 $3,644 $29,992
2020 $2,912 $32,405 $3,511 $28,894
2019 $2,912 $32,018 $3,469 $28,549
2018 $2,858 $31,471 $3,410 $28,061
2017 $2,907 $31,584 $3,422 $28,162
2016 $2,837 $30,760 $3,333 $27,427
2015 -- $26,947 $0 $26,947
2014 -- $30,222 $3,275 $26,947
2013 -- $30,386 $3,293 $27,093
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12182989

Midwest Real Estate Data (MRED)

APN: 16-16-184-032