NOT LISTED FOR SALE

109 E 8th St Sterling, IL 61081

Estimated Value: $121,000 - $185,000

4 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $133,000

Est. 16% increase in value since last sale

Current estimated payment $968/month

28 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Heating System Uses Natural Gas
  • Corner Lot
  • Patio

About This Home

As of June 2021

Updated brick 4 unit apartment building on a nice corner lot. Proud ownership shows on this well maintained property. Newer windows, plumbing, electric, new water heaters ('21), furnace ('11), roof ('12). Each 1 bedroom unit has many updates from paint, flooring, kitchen, and bath. New carpet installed in hallway in 2020. Unit #3 is all electric. Owner pays water/sewer/garbage. Nice properties with all tenants current on rent payments. Unit #2 uses garage which is included in tenant's rent. Freshly landscaped and trees cut back. Please allow at least 24 hr notice to set up showings.

Last Agent to Sell the Property

Merdita Heald

RE/MAX Sauk Valley License #475139533 Listed on: 04/19/2021

RE/MAX Sauk Valley

Last Buyer's Agent

Debora J proctor

Bardier & Ramirez Real Estate License #475140667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 78x159x43x70
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Gross Income $17,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,983

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • List Price: 139900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Schools

  • Middle/Junior School District: 5

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 78X159X43X70
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • TenantPays: Electric,Gas

Multi Family

  • GrossIncome: 17600
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 1983.22
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 25, 2021
Sold by
Salas Mario
Bought by
Williams Trent
Seller's Agent
Merdita Heald
RE/MAX Sauk Valley
Buyer's Agent
Debora J proctor
Bardier & Ramirez Real Estate
Sold Price
$133,000
Current Estimated Value
$153,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,983
Avg. Annual Appreciation
3.44%
Original Mortgage
$99,750
Outstanding Balance
$90,508
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$63,475

Purchase Details

Closed on
Jul 17, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Salas Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 8, 2009
Sold by
Smith Jonathan
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 4, 2007
Sold by
Folsom Jason M and Folsom Stephanie L
Bought by
Smith Jonathan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,640
Interest Rate
6.16%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Williams Trent $133,000 None Available
Salas Mario -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Smith Jonathan L $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Trent $99,750
Previous Owner Salas Mario $67,000
Previous Owner Smith Jonathan L $86,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $133,000 -4.9% --
05/17/2021 05/17/21 Pending -- -- --
05/17/2021 05/17/21 For Sale -- -- --
04/19/2021 04/19/21 For Sale $139,900 -- --
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 $4,835 $46,371 $4,586 $41,785
2023 $4,564 $43,529 $4,305 $39,224
2022 $4,450 $41,647 $4,119 $37,528
2021 $3,037 $27,778 $3,884 $23,894
2020 $1,996 $18,118 $3,748 $14,370
2019 $1,983 $17,789 $3,680 $14,109
2018 $1,962 $17,818 $3,686 $14,132
2017 $1,966 $17,696 $3,661 $14,035
2016 $1,916 $17,126 $3,543 $13,583
2015 $1,832 $17,596 $3,640 $13,956
2014 $1,828 $17,205 $3,559 $13,646
2013 $1,832 $17,596 $3,640 $13,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11059887

Midwest Real Estate Data (MRED)

APN: 1121407007