NOT LISTED FOR SALE

555 Timber Ridge Rd Princeton, IL 61356

Estimated Value: $298,326 - $325,000

3 Beds
2 Baths
1,942 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $254,900 $131 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,103/month

16 Days on Market

Highlights

  • Mature Trees
  • Ranch Style House
  • Balcony
  • Deck
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of December 2022

Here it is!! A lovely multi-level country home with lots of updates on over an acre of land with some timber. Upon entering, you'll be amazed at the beautiful honey oak hardwood floors in the LR & DR with cathedral ceilings. The kitchen has been updated with new backsplash, floor, lights, breakfast bar, big pantry, refrigerator, gas stove, and dishwasher. The kitchen is open to the family room that has a gas fireplace and opens to a newer multi-level deck for outdoor summer dining. The laundry room is on the main floor just off the oversized 2-car garage. The main level also has 3 BR's: the Master BR with 6'x8' WIC and Master Bath with a tub & separate shower. This area also has 2 more bedrooms and another full bath. Plus the walkout lower level almost doubles the space. Plenty of room here for a recreation room or a bar or a guest bedroom suite or an office or a craft room or almost anything else you would want. Updates include new AC 2020, new gutter leaf guards 2020, new landscaping & brick work 2022, new roof 2010, septic checked 2022, and front concrete redone 2019. The two levels are almost like having the space of two homes! Lots of possibilities! You could be grilling an outdoor supper here in the next few weeks, so don't delay, come see today! (Seller to find suitable housing before closing can occur.)

Last Agent to Sell the Property

Roxana Noble

BHHS Central Illinois, REALTORS Listed on: 10/26/2022

Last Buyer's Agent

Christine Hopps

Coldwell Banker Today's, Realtors

Coldwell Banker Today's, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,777

Year Built

  • Built in 1991 | Remodeled in 2020

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 58.68 x 267.8 x 274.64 x 432.08
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Earth Berm
  • Walk-Out Ranch
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,942 Sq Ft Home
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,777

Year Built

Built in 1991 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story,Hillside
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch, Walk-Out Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story,Hillside
  • Year Built: 1991
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Some Carpeting
  • LivingArea: 1942
  • Room Type: Walk In Closet
  • Estimated Total Finished Sq Ft: 3884
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 3884
  • Basement Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 3884
  • Main Level Sq Ft: 1942
  • Lower Level Sq Ft: 1942
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • List Price: 254900
  • Lot Features: Cul-De-Sac, Mature Trees
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: 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: 1.06
  • Lot Dimensions: 58.68 X 267.8 X 274.64 X 432.08
  • Rural (Y/N): Y
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3776.92
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 20, 2022
Sold by
Lucas Lawrence W and Lucas Joyce
Bought by
Farmer Jordan and Farmer Aubrianna
Seller's Agent
Roxana Noble
BHHS Central Illinois, REALTORS
Buyer's Agent
Christine Hopps
Coldwell Banker Today's, Realtors
List Price
$254,900
Sold Price
$254,900
Views
65
Current Estimated Value
$308,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,932
Avg. Annual Appreciation
6.24%
Original Mortgage
$203,920
Outstanding Balance
$198,341
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$101,632
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
Farmer Jordan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Jordan $203,920
Closed Lucas Lawrence $231,000
Previous Owner Lucas Lawrence W $79,000
Previous Owner Lucas Lawrence W $93,000
Previous Owner Lucas Lawrence $103,500
Previous Owner Lucas Lawrence W $0
Previous Owner Lucas Lawrence W $13,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $254,900 0.0% $131 / Sq Ft
11/13/2022 11/13/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $254,900 -- $131 / 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 $5,093 $90,289 $11,683 $78,606
2023 $5,093 $83,155 $10,760 $72,395
2022 $3,663 $77,963 $10,088 $67,875
2021 $3,777 $73,800 $9,549 $64,251
2020 $3,817 $71,098 $9,199 $61,899
2019 $3,886 $70,248 $9,089 $61,159
2018 $3,890 $69,047 $8,934 $60,113
2017 $3,972 $69,296 $8,966 $60,330
2016 $3,989 $67,487 $8,732 $58,755
2015 -- $57,728 $0 $57,728
2014 -- $66,307 $8,579 $57,728
2013 -- $72,519 $8,626 $63,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11661387

Midwest Real Estate Data (MRED)

APN: 16-35-476-021