NOT LISTED FOR SALE

555 E Central Ave Princeton, IL 61356

Estimated Value: $127,000 - $150,392

3 Beds
1.5 Baths
1,264 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $113,000 $89 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,085/month

46 Days on Market

Highlights

  • Deck
  • 1.5-Story Property
  • Main Floor Bedroom
  • Living Room with Fireplace
  • Wood Flooring
  • Lower Floor Utility Room

About This Home

As of January 2024

Unparalleled Potential practically bursting the seams of this 3-bedroom, 1-1/2-bath modified ranch home! Location, layout, yard - all are ultimately appealing to a buyer who wants to fashion their own haven, or an investor who knows a smart buy when they see one. And hey, the hard work is done, with the removal of the old bead board and wallpaper! Two bedrooms compete for the prize of "Master". One large area above the garage, that could also be used as a family room, office, etc., and then another spacious bedroom on the main floor that boasts hardwood floor and walk-in closet. With the large living room, combined with the huge amount of additional living space in the basement area (note the bar and 2nd fireplace!), this home gives you all the useable square footage you could ask for! The large deck just needs a little fixin' to be the focal point of a gorgeous, vast yard. Many newer updates make this a good investment, including A/C, garage doors, and furnace. Recent work completed on electrical and plumbing. Take a look at the "additional information" sheet for a transparent view of current condition. Then get in Quick to claim this Home as your own! Sold "as-is". All personal possessions present at time of closing will remain with property. (there's not much)

Last Agent to Sell the Property

Beth Mulcahy

Landmark Realty of Illinois LLC License #475166667 Listed on: 10/21/2023

Last Buyer's Agent

Jamie Unholz

Executive Realty Group LLC - Bloomingdale

Executive Realty Group LLC - Bloomingdale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,566

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 154 x 91

Parking

  • 2 Car Garage

Home Design

  • 1.5-Story Property
  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,264 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Lower Floor Utility Room
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

  • Princeton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,566

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1951
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Flooring: Hardwood
  • Interior Amenities: Dry Bar, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1264
  • Room Type: Utility Room-Lower Level, Deck
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0
  • Attic: Dormer,Interior Stair

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 119500
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Gravel, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Princeton High School
  • Middle/Junior School District: 115

Lot Info

  • Lot Dimensions: 154 X 91
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 2566.06
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Jan 5, 2024
Sold by
Anderson Cynthia M
Bought by
Romagnoli Andrew M
Seller's Agent
Beth Mulcahy
Landmark Realty of Illinois LLC
Buyer's Agent
Jamie Unholz
Executive Realty Group LLC - Bloomingdale
List Price
$119,500
Sold Price
$113,000
Premium/Discount to List
-$6,500
-5.44%
Views
205
Current Estimated Value
$137,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,848
Avg. Annual Appreciation
6.76%
Original Mortgage
$5,650
Outstanding Balance
$2,953
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$123,091
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
Romagnoli Andrew M $113,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romagnoli Andrew M $5,650
Open Romagnoli Andrew M $107,350
Previous Owner Brackemeyer James W $10,500
Previous Owner Brackmeyer James W $94,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $113,000 -5.4% $89 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
10/21/2023 10/21/23 For Sale $119,500 -- $95 / 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 $4,077 $40,367 $7,113 $33,254
2023 $4,077 $47,698 $6,551 $41,147
2022 $2,566 $44,720 $6,142 $38,578
2021 $2,651 $42,332 $5,814 $36,518
2020 $2,666 $40,782 $5,601 $35,181
2019 $2,482 $40,294 $5,534 $34,760
2018 $2,416 $39,605 $5,439 $34,166
2017 $2,462 $39,748 $5,459 $34,289
2016 $2,371 $38,711 $5,317 $33,394
2015 -- $32,810 $0 $32,810
2014 -- $38,034 $5,224 $32,810
2013 -- $38,240 $5,252 $32,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11913918

Midwest Real Estate Data (MRED)

APN: 16-16-207-015