For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Bureau 61356
2280 Timber Ridge Drive
$289,000
● House - Off Market

2280 Timber Ridge Drive

Princeton, IL 61356
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$1,877
Est. Monthly

About This Property

One of a kind! Enjoy the nice view from this 3 bedroom ranch style home on a wooded 1.27 acre lot in Timber Ridge Subdivision. Features an open floor plan, nice kitchen adjoins the sunny family room with wood burning fireplace and doors to the deck. Two full baths, large living room, full basement with a finished rec room with walk out to rear yard. There is a 3 car attached garage, updated laminate flooring in many rooms, furnace 2021, water heater 2019, all appliances, desk in one of the bedrooms and sauna in the basement will stay. Laundry hook ups in closet on 1st floor. Great location.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
1.27 acres
Price per sqft
$187
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 55,321
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER RIDGE SD
  • Land Acres: 0000001270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: TIMBER RIDGE SD PAHSE 1 L 6 D 19-0515

Neighborhood

  • School District Name: Princeton High School District 500
  • Census Tract: 965500

Geography

  • Account Number: 1635426005
  • District: 16
  • Parcel: 16-35-426-005
  • Lot: 6
  • Meridian: SEC 35 TWN 16 RNG 09
  • Municipality: PRINCETON
  • Latitude: 41.3261
  • Longitude: -89.4153

    Address

  • Full Address: 2280 Timber Ridge Dr
  • Address - House Number: 2280
  • Address - Street Name: Timber Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Princeton
  • Carrier Code: R004
  • 4-Digit Zip Code: 2884
  • Zip Code: 61356

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $404,666
  • Tax Rate Code Area: 16002

    Appraisal Valuation

  • Standard Deviation: 0.2319
  • Valuation Date: May 31, 2023
  • Confidence Score: 67
  • Final Value: 219,358
  • High Value: 270,235
  • Low Value: 168,481

    Market Valuation

  • Market Total Value: $206,814
  • Market Land Value: $33,204
  • Market Improvement Value: $173,610

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,938
  • Assessed Land Value: $11,068
  • Assessed Improvements Value: $57,870

    Sales

  • Current Sale Contract Date: Feb 14, 2019
  • Current Sale Recording Date: Feb 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019R00515

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bureau

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$121

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1675 ft²

Average Home Age

89.5 years

Currently For Sale

85 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Bonnie Lester, Coldwell Banker Today's, Realtors
Data Source: MRED, MLS# MRD12555445
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2280 Timber Ridge Drive built and last sold?
The property at 2280 Timber Ridge Drive was built in and last sold on Feb 14, 2019 for $185,000.
How much is this home worth?
The estimated value of the home located at 2280 Timber Ridge Drive is $0.
What are some comparable homes to 2280 Timber Ridge Drive?
There are currently no comparable homes to 2280 Timber Ridge Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Princeton Homes for Sale
Princeton Houses for Sale
Princeton Condos for Sale
Princeton Multifamily for Sale
Princeton Land for Sale
Princeton Commercial for Sale
Princeton Homes with Basements
Princeton Homes with Pools
Nearby Cities
Wyanet Homes for Sale
Tiskilwa Homes for Sale
De Pue Homes for Sale
Hennepin Homes for Sale
Malden Homes for Sale
Dover Homes for Sale
Seatonville Homes for Sale
Bureau Junction Homes for Sale
Nearby Property Records
Bureau County, IL Property Records
Lee County, IL Property Records
Marshall County, IL Property Records
LaSalle County, IL Property Records
Henry County, IL Property Records
Whiteside County, IL Property Records
Ogle County, IL Property Records
Woodford County, IL Property Records
Nearby Counties
Wyanet Homes for Sale
Selby Homes for Sale
Indiantown Homes for Sale
Arispie Homes for Sale
Berlin Homes for Sale
Dover Homes for Sale
Leepertown Homes for Sale
Bureau Homes for Sale
Top Real Estate Agents
Top Agents in Princeton
Top Agents in 61356
Top Agents in Wyanet
Top Agents in 61379
Top Agents in 61368
Top Agents in Wyanet
Top Agents in Selby
Top Agents in Tiskilwa