NOT LISTED FOR SALE

501 N 1st St Princeton, IL 61356

Estimated Value: $103,000 - $123,000

3 Beds
1 Bath
824 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 05, 2018

Last sale price $79,900 $97 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $848/month

197 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Senior Tax Exemptions

About This Home

As of June 2018

Fresh, fantastic and soon to be your favorite! After undergoing a recent renovation, this home is now sure to top your A list- it features 3 bedrooms, open concept living areas, main floor laundry, perfect sized yard and two car detached garage. Updates in 2017 include absolutely all new electrical (fixtures, wiring, breaker box, etc), new flooring throughout, new garage roof, and new dimensional laminate countertops and mosaic tile backsplash on existing nice oak cabinets. Updated bathroom has new tub, sink, faucet, toilet, surround and more. Feels much larger than the square footage indicates due to style of home. Lots to love in this gorgeous modern renovation so don't let it slip by.

Last Agent to Sell the Property

Janelle McCarter

Landmark Realty of Illinois LLC License #471004781 Listed on: 10/10/2017

Last Buyer's Agent

Amber Burress

Coldwell Banker Real Estate Group License #475174562

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $118

Year Built

  • Built in 1900 | Remodeled in 2017

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 130

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 824 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$118

Year Built

Built in 1900 | Remodeled in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1900
  • 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: 2017
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 824
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 79900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

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: 0.12
  • Lot Dimensions: 40 X 130
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 117.76
  • Tax Year: 2016
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2017
Closed on
Jun 5, 2018
Sold by
Johnson John L
Bought by
Leary Brian A O
Seller's Agent
Janelle McCarter
Landmark Realty of Illinois LLC
Buyer's Agent
Amber Burress
Coldwell Banker Real Estate Group
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$117,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,513
Avg. Annual Appreciation
5.36%
Original Mortgage
$78,452
Outstanding Balance
$69,118
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$48,295

Purchase Details

Listed on
Nov 12, 2016
Closed on
May 15, 2017
Sold by
Sorenson Barbara E and Ham Neal E
Bought by
Johnson John L
Seller's Agent
Beth Mulcahy
Landmark Realty of Illinois LLC
Buyer's Agent
Janelle McCarter
Landmark Realty of Illinois LLC
List Price
$29,900
Sold Price
$17,500
Premium/Discount to List
-$12,400
-41.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
324.72%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Leary Brian A O -- None Available
Johnson John L $17,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leary Brian A O $78,452
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2018 06/05/18 Sold $79,900 0.0% $97 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $79,900 0.0% $97 / Sq Ft
04/09/2018 04/09/18 Off Market $79,900 -- --
02/19/2018 02/19/18 Price Changed $79,900 -4.8% $97 / Sq Ft
12/15/2017 12/15/17 Price Changed $83,900 +5.0% $102 / Sq Ft
12/15/2017 12/15/17 Price Changed $79,900 -9.2% $97 / Sq Ft
10/09/2017 10/09/17 For Sale $88,000 +402.9% $107 / Sq Ft
08/18/2017 08/18/17 Off Market $17,500 -- --
05/19/2017 05/19/17 Sold $17,500 -29.7% $21 / Sq Ft View Prior Sale
04/12/2017 04/12/17 Pending -- -- --
03/10/2017 03/10/17 Price Changed $24,900 -7.4% $30 / Sq Ft
01/27/2017 01/27/17 Price Changed $26,900 -10.0% $33 / Sq Ft
11/12/2016 11/12/16 For Sale $29,900 -- $36 / 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 $2,701 $34,309 $3,038 $31,271
2023 $2,701 $31,598 $2,798 $28,800
2022 $2,553 $29,625 $2,623 $27,002
2021 $2,496 $28,043 $2,483 $25,560
2020 $2,418 $27,016 $2,392 $24,624
2019 $2,427 $26,693 $2,363 $24,330
2018 $2,383 $26,237 $2,323 $23,914
2017 $118 $5,989 $2,331 $3,658
2016 $118 $12,277 $2,270 $10,007
2015 -- $12,062 $2,230 $9,832
2014 -- $12,062 $2,230 $9,832
2013 -- $12,127 $2,242 $9,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09773938

Midwest Real Estate Data (MRED)

APN: 16-09-359-004