NOT LISTED FOR SALE

516 S Pleasant St Princeton, IL 61356

Estimated Value: $90,000 - $133,000

4 Beds
1.5 Baths
1,984 Sq Ft
$56/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $60,000 $30 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $743/month

89 Days on Market

Highlights

  • Main Floor Bedroom
  • Formal Dining Room
  • Living Room
  • Bonus Room
  • Enclosed Patio or Porch
  • 2-minute walk to West Side Ball Park

About This Home

As of March 2023

Home or Business Opportunity? This 4 BR home with 1984 sq.ft. has many possibilities! Currently zoned B3 for a business, this property sits adjacent to a property zoned R2. It's a possibility that this lot could be rezoned to Residential if a buyer wanted to return this building to a single family dwelling. However, the location is great for a business, located right next to a Public Parking lot, with a ramp to the entrance door for handicap accessibility. With over 10 rooms, this would make a great business building or a very large home! The downstairs is cooled by 1 central air unit, but there is no AC upstairs. The former kitchen was turned into an Xray room but some of the hook ups for the kitchen are there if needed. Two of the 4 bedrooms have their own sink, since they were previously chiropractic patient rooms. The roof was new in 1983 and the home has 220 electric. The boiler and hot water heater are both older. There is also an older gas forced air furnace. A row of pine trees on the south side of the building is the lot line, and the parking lot on the north side is the other boundary. So, home or business? OR maybe you're looking for both?? Come see if this is the opportunity you've been looking for! Property being sold "As Is". Cash or Conventional Loans Only. Please note that room sizes are described for what the rooms used to be, not necessarily what they were recently used for when building was a Chiropractic Clinic. Notice: Buyer needs to verify all zoning information with Pete Nelson at City Hall.

Last Agent to Sell the Property

Roxana Noble

BHHS Central Illinois, REALTORS Listed on: 12/05/2022

Last Buyer's Agent

Janelle McCarter

Landmark Realty of Illinois LLC License #471004781

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900 | Remodeled in 1984

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 72x185
  • Paved or Partially Paved Lot

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,984 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Partially Carpeted
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 30 Parking Spaces
  • Uncovered Parking
  • Parking Lot
  • Off-Street Parking
  • Parking Included in Price

Accessible Home Design

  • Accessibility Features
  • Ramp on the main level

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Multiple Selection Elementary School
  • Logan Junior High School
  • Princeton High School

Utilities

  • Heating System Uses Steam
  • 200+ Amp Service

Home Details

Home Type

Single Family

Year Built

Built in 1900 | Remodeled in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1984
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1984

Interior Features

  • Basement: Partial
  • Accessibility Features: Ramp - Main Level
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: First Floor Bedroom, Some Carpeting
  • LivingArea: 1984
  • Room Type: Bonus Room, Enclosed Porch
  • Estimated Total Finished Sq Ft: 1984
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1984
  • Square Footage Comments: Square footage is from the Appraisal.
  • Total Sq Ft: 1984
  • Upper Level Sq Ft: 942
  • Main Level Sq Ft: 1042
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 110000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Off Street, Parking Lot
  • ParkingTotal: 30
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Cooling: Wall Unit(s)
  • Electric: 200+ Amp Service
  • Heating: Steam
  • 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

  • Elementary School: Multiple Selection
  • High School: Princeton High School
  • Middle/Junior School: Logan Junior High School
  • Middle/Junior School District: 115

Lot Info

  • Lot Size Acres: 0.3106
  • Lot Dimensions: 72X185
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3338.3
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Mar 31, 2023
Sold by
Martin Jeffrey P and Martin Leanne K
Bought by
J Rayne Llc
Seller's Agent
Roxana Noble
BHHS Central Illinois, REALTORS
Buyer's Agent
Janelle McCarter
Landmark Realty of Illinois LLC
List Price
$115,000
Sold Price
$60,000
Premium/Discount to List
-$55,000
-47.83%
Views
254
Current Estimated Value
$111,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,386
Avg. Annual Appreciation
30.26%

Purchase Details

Closed on
Apr 11, 2017
Sold by
Martin Jeffrey P
Bought by
Martin Jeffrey P and Martin Leanne K
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
J Rayne Llc $60,000 None Listed On Document
Martin Jeffrey P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Jeffrey P $70,000
Previous Owner Martin Jeffrey P $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $60,000 -45.5% $30 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
01/09/2023 01/09/23 Price Changed $110,000 -4.3% $55 / Sq Ft
12/07/2022 12/07/22 For Sale $115,000 -- $58 / 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 $1,800 $22,861 $6,431 $16,430
2023 $1,800 $21,055 $5,923 $15,132
2022 $3,414 $39,620 $5,553 $34,067
2021 $3,338 $37,505 $5,257 $32,248
2020 $3,234 $36,132 $5,065 $31,067
2019 $3,246 $35,700 $5,004 $30,696
2018 $3,186 $35,089 $4,918 $30,171
2017 $3,241 $35,216 $4,936 $30,280
2016 $3,163 $34,297 $4,807 $29,490
2015 -- $28,974 $0 $28,974
2014 -- $33,697 $4,723 $28,974
2013 -- $33,880 $4,749 $29,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11684220

Midwest Real Estate Data (MRED)

APN: 16-16-305-012