NOT LISTED FOR SALE

102 5th Ave Sterling, IL 61081

Estimated Value: $133,123

7 Beds
-- Bath
-- Sq Ft
8,059 Sq Ft Lot

Last Sold September 09, 2024

Last sale price $125,000

Est. 6% increase in value since last sale

Current estimated payment $1,015/month

96 Days on Market

About This Home

As of September 2024

ROOMS FOR RENT
I have a Spacious Newley renovated home with rooms to rent. Tight on money. Deserve a clean safe place to live. Very large home with three living rooms with TVs in each room. Amazing updated kitchen with all stainless steal appliances. Three updated bathrooms. 2 washer and dryers. Plenty of room for all. Many more updated to come. Everything is included even WIFI pay rent and no other worries. All rooms are updated with LED lighting and painted some with capering other with wood floors. Large back yard for summer fun, right on the lake great for fishing.

Last Agent to Sell the Property

Brian Carradus

Judy Powell Realty License #475207007 Listed on: 04/22/2024

Last Buyer's Agent

William Konkol

Results Realty ERA Powered License #475179303

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,844

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x150

Home Design

  • Rooming House
  • Vinyl Siding

Interior Spaces

  • 7 Bedrooms
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $3,000
  • Fuel Expense $1,140
  • Insurance Expense $1,100
  • Trash Expense $480
  • Water Sewer Expense $780
  • Operating Expense $6,500
  • Gross Income $2,400
  • Net Operating Income $15,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,844

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Rooming House/SRO
  • Stories: 2
  • Year Built: 1900
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Refrigerators: 1
  • Ranges: 1
  • Room: 1

Exterior Features

  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Forced Air,Gas

Fee Information

  • Trash Expense: 480
  • Water Sewer Expenses: 780

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X150

Rental Info

  • Tenant Pays: None
  • Board Number: 19

Multi Family

  • Net Operating Income: 15100
  • Fuel Expense: 1140
  • Insurance Expense: 1100
  • ElectricExpense: 3000
  • GrossIncome: 2400
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 6500
  • Type Multi-Family: Rooming House/SRO

Tax Info

  • Tax Annual Amount: 3843.8
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Sep 6, 2024
Sold by
Top Choice Rentals Llc
Bought by
Silikon Properties Llc
Seller's Agent
Brian Carradus
Judy Powell Realty
Buyer's Agent
William Konkol
Results Realty ERA Powered
List Price
$144,900
Sold Price
$125,000
Premium/Discount to List
-$19,900
-13.73%
Views
58
Current Estimated Value
$133,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,123
Avg. Annual Appreciation
5.00%
Original Mortgage
$93,750
Outstanding Balance
$65,182
Interest Rate
8.75%
Mortgage Type
New Conventional
Estimated Equity
$67,942

Purchase Details

Closed on
May 6, 2022
Sold by
Got Realty Llc
Bought by
Top Choice Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2022
Sold by
Firehouse Of God Ministries
Bought by
Got Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2012
Sold by
Council House Inc
Bought by
Firehouse Of God Ministries
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Silikon Properties Llc $125,000 None Listed On Document
Top Choice Rentals Llc $110,000 Shirk William R
Got Realty Llc -- Ripley Marvin G
Firehouse Of God Ministries -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silikon Properties Llc $93,750
Previous Owner Top Choice Rentals Llc $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Off Market $650 -- --
11/09/2024 11/09/24 For Rent $650 0.0% --
09/09/2024 09/09/24 Sold $125,000 -13.7% --
07/28/2024 07/28/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $144,900 +15.9% --
07/22/2024 07/22/24 Off Market $125,000 -- --
07/10/2024 07/10/24 Price Changed $144,900 -3.3% --
04/22/2024 04/22/24 For Sale $149,900 -- --
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 $3,823 $36,663 $3,178 $33,485
2023 $3,844 $36,663 $3,178 $33,485
2022 $3,917 $36,663 $3,178 $33,485
2021 $2,768 $25,312 $3,178 $22,134
2020 $2,691 $24,426 $3,067 $21,359
2019 $857 $7,686 $965 $6,721
2018 $0 $0 $0 $0
2017 $3 $0 $0 $0
2016 $3 $0 $0 $0
2015 $3 $242 $121 $121
2014 $3 $0 $0 $0
2013 $3 $242 $121 $121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12035634

Midwest Real Estate Data (MRED)

APN: 1122357005