NOT LISTED FOR SALE

323 E Central Ave Princeton, IL 61356

Estimated Value: $189,486

4 Beds
4 Baths
-- Sq Ft
1962 Built

Last Sold August 14, 2018

Last sale price $88,000

Est. 115% increase in value since last sale

Current estimated payment $1,227/month

105 Days on Market

Highlights

  • Corner Lot
  • Tennis Courts
  • 4-minute walk to City County Park

About This Home

As of August 2018

Investment opportunity! Building has four units, each with 1 bedroom, 1 bath. Each unit currently rents for $400. All renters currently month to month. Some appliances included, but not warranted. Laundry hook ups in each unit. Roof new in 2006. Two of the furnaces newer. Walking distance to schools!

Last Agent to Sell the Property

Kaye Pearson

Landmark Realty of Illinois LLC License #475165486 Listed on: 03/26/2018

Last Buyer's Agent

Amber Burress

Coldwell Banker Real Estate Group License #475174562

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,522

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 128x130
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Recreation

  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,522

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick, Frame
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, On Site, Owned
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 128X130
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 4522.48
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
Aug 10, 2018
Sold by
Smith Bill M
Bought by
Sanchez Araceli
Seller's Agent
Kaye Pearson
Landmark Realty of Illinois LLC
Buyer's Agent
Amber Burress
Coldwell Banker Real Estate Group
List Price
$110,000
Sold Price
$88,000
Premium/Discount to List
-$22,000
-20%
Current Estimated Value
$189,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,486
Avg. Annual Appreciation
10.75%

Purchase Details

Closed on
Jun 18, 2007
Sold by
Johnson Donald H and Johnson Sharon S
Bought by
Smith Bill N and Smith Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.26%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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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
Sanchez Araceli -- None Available
Smith Bill N $136,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Bill N $136,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2018 08/14/18 Sold $88,000 -20.0% --
07/09/2018 07/09/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $110,000 0.0% --
04/14/2018 04/14/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $110,000 -- --
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 $3,009 $38,220 $9,127 $29,093
2023 $3,009 $35,200 $8,406 $26,794
2022 $2,844 $33,002 $7,881 $25,121
2021 $2,781 $31,240 $7,460 $23,780
2020 $2,704 $30,096 $7,187 $22,909
2019 $2,704 $29,736 $7,101 $22,635
2018 $2,654 $29,228 $6,980 $22,248
2017 $4,522 $49,134 $7,005 $42,129
2016 $4,413 $47,851 $6,822 $41,029
2015 -- $40,312 $0 $40,312
2014 -- $47,015 $6,703 $40,312
2013 -- $47,270 $6,739 $40,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09897581

Midwest Real Estate Data (MRED)

APN: 16-16-137-007

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