NOT LISTED FOR SALE

340 Backbone Rd W Princeton, IL 61356

Estimated Value: $229,000 - $371,113

4 Beds
4 Baths
2,907 Sq Ft
$108/Sq Ft Est. Value

Last Sold February 11, 2015

Last sale price $200,000 $69 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,344/month

10 Days on Market

Highlights

  • 6.74 Acre Lot
  • Family Room with Fireplace
  • Double Oven
  • Pond
  • Wooded Lot
  • Enclosed Patio or Porch

About This Home

As of February 2015

Gorgeous 6.74 acres on the edge of Princeton provides your own nature preserve. Lovely pond, creek in back part of property with three newer bridges for access make this a one of a kind property. This spacious home features a great room with fireplace, a lower level family room with fireplace and wet bar room with walkout to patio overlooking pond. Two car attached garage + 2 car extra garage. Lots of private space.

Last Agent to Sell the Property

Lynn Shurts

Sunshine Realty License #475104818 Listed on: 12/27/2014

Last Buyer's Agent

Larry Thomas

Landmark Realty Of Illinois LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,502

Year Built

  • Built in 1968

Lot Details

  • 6.74 Acre Lot
  • Lot Dimensions are 1320x203x143x82x618x82x390x168x10x20
  • Wooded Lot

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2,907 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Unfinished Attic
  • Double Oven

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Pond
  • Stream or River on Lot
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,502

Year Built

Built in 1968

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1968
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Cathedral Ceiling(s), Bar-Wet
  • LivingArea: 2907
  • Room Type: Enclosed Porch
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,L-shaped
  • Fireplace Location: Family Room,Living Room
  • Attic: Unfinished
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 215000
  • Lot Features: Pond(s), Stream(s), Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 115

Lot Info

  • Lot Size Acres: 6.74
  • Lot Dimensions: 1320X203X143X82X618X82X390X168X10X20
  • Lot Size: 6.0-7.99 Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5501.66
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2014
Closed on
Feb 11, 2015
Sold by
Barry Donald J
Bought by
Park Joseph E and Park Kimberly A
Seller's Agent
Lynn Shurts
Sunshine Realty
Buyer's Agent
Larry Thomas
Landmark Realty Of Illinois LLC
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Current Estimated Value
$313,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,704
Avg. Annual Appreciation
4.30%
Original Mortgage
$160,000
Outstanding Balance
$122,094
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$191,610
Source: Public Records

Range of Values:

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Average Value
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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
Park Joseph E $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Joseph E $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2015 02/11/15 Sold $200,000 -7.0% $69 / Sq Ft
01/06/2015 01/06/15 Pending -- -- --
12/27/2014 12/27/14 For Sale $215,000 -- $74 / 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 $8,237 $111,149 $12,441 $98,708
2023 $8,237 $102,366 $11,458 $90,908
2022 $7,752 $95,975 $10,743 $85,232
2021 $7,553 $90,851 $10,169 $80,682
2020 $7,318 $87,525 $9,797 $77,728
2019 $7,318 $86,479 $9,680 $76,799
2018 $8,577 $100,457 $9,514 $90,943
2017 $8,728 $100,820 $9,548 $91,272
2016 $5,640 $67,164 $9,299 $57,865
2015 -- $65,990 $9,137 $56,853
2014 -- $69,873 $9,137 $60,736
2013 -- $70,253 $9,187 $61,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08806782

Midwest Real Estate Data (MRED)

APN: 16-08-200-007