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301 South Princeton Avenue

301 South Princeton Avenue, Addison, IL 60101
Property in Addison
Sold Feb 23, 2004
$250,000
$240,730 by Union Federal Bank Of Indianap
Mortgage Due Nov 01, 2035
Sold Dec 22, 1999
$158,000
$156,698 by First Home Mtg
Mortgage Due Jan 01, 2030
Local assessors in Addison, IL have categorized 301 South Princeton Avenue as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 6,970 square feet. The linear feet between the front and back of the lot was measured at 112 ft and the front of the lot was measured at 62 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 301 South Princeton Avenue has a total of 1,075 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The property was last sold in Jan 29, 2004 for $250,000. That's $116.28 per sqft. Prior to that sales transaction, the property was also sold in Dec 8, 1999 for $158,000. 301 South Princeton Avenue was last assessed in 2022. The total value of the property was assessed at $73,870. Specifically, the land the property is located on was valued at $32,220. While improvements on the property were assessed at a total of $41,650. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,999. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,075
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 112
  • Lot Size Frontage Feet: 62
  • Total Building Area: 2,150
  • Gross Building Area: 2,150
  • Building Area: 1,075
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,075
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIRHAVEN
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAIRHAVEN UNIT NO 1

Ownership

  • Current Owner : BERRUM EVODIO
  • Current Owner 2: BERRUM VICENTE
  • Previous Owner : REBOLLO HORACIO
  • Previous Owner 2: GUILLEN SILVIA
  • Owner Before Previous Owner: MORAVECEK ROBERT J
  • Owner Before Previous Owner 2: MORAVECEK JUDITH A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 846701

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2971-A6
  • Parcel: 03-28-421-003
  • Lot: 18
  • Municipality: ADDISON
  • Latitude: 41.9218
  • Longitude: -87.9807

    Address

  • Full Address: 301 S Princeton St
  • Legal Unit: 1
  • Address - House Number: 301
  • Street Direction: S
  • Address - Street Name: Princeton
  • Address - Suffix Type: St
  • State: IL
  • City Name: Addison
  • Carrier Code: C002
  • 4-Digit Zip Code: 4016
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,999
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 306,454
  • High Value: 361,156
  • Low Value: 251,752

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $248,730
  • First Open Lien Mortgage Lender: UNION FEDERAL BANK OF INDIANAP
  • First Open Lien Mortgage Recording Date: Nov 02, 2005
  • First Open Lien Mortgage Loan Amount: $240,730
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035
  • Second Open Lien Mortgage Lender: TCF NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Aug 31, 2006
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $8,000
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 22, 2046

    Market Valuation

  • Market Total Value: $221,610
  • Market Land Value: $96,660
  • Market Improvement Value: $124,950

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,870
  • Assessed Land Value: $32,220
  • Assessed Improvements Value: $41,650

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 29, 2004
  • Current Sale Recording Date: Feb 23, 2004
  • Current Sale Transaction ID: 1074699632
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2004-049244
  • Previous Sale Recording Date: Dec 22, 1999
  • Previous Sale Contract Date: Dec 08, 1999
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION FEDERAL BANK OF INDIANAP
  • First Mortgage Transaction Date: Feb 23, 2004
  • First Mortgage Loan Amount: $237,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HOME MTG
  • Previous Mortgage Transaction Date: Dec 22, 1999
  • Previous Mortgage Loan Amount: $156,698
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2030

About Addison



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Frequently Asked Questions

What neighborhood is 301 South Princeton Avenue located in?
The 301 South Princeton Avenue is a located in the neighborhood of Addison in Addison, Addison.
What is the average sales price for listings in 301 South Princeton Avenue?
The average sales price for units in 301 South Princeton Avenue is $0 currently.

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