NOT LISTED FOR SALE

1401 E 4th St Sterling, IL 61081

Estimated Value: $91,186 - $108,000

3 Beds
2 Baths
1,458 Sq Ft
$69/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $71,000 $49 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $651/month

14 Days on Market

About This Home

As of December 2023

Investment opportunity awaits! Well maintained duplex featuring a large bonus parking lot, moments from shopping and downtown. This property features a 2 bedroom 1 bathroom unit downstairs, and a 1 bedroom 1 bathroom upstairs. Tenants pay gas and electric. Make it yours today!

Last Agent to Sell the Property

Jonathan Gieson

Re/Max of Rock Valley License #475189225 Listed on: 11/27/2023

Re/Max of Rock Valley

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,898

Year Built

  • Built in 1900

Lot Details

  • 6,970

Parking

  • 4 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding
  • Siding

Interior Spaces

  • 1,458 Sq Ft Home
  • 2-Story Property
  • Basement

Kitchen

  • Stove
  • Range

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,898

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 729
  • Front: 50
  • Grid: Whiteside County
  • Legal Description: Per Title
  • Lvt Date: 11/27/2023
  • Rear: 50
  • Side 1: 141
  • Side 2: 141
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 110988
  • Elementary School: Other/Outside Area
  • Estimated Total Finished Sq Ft: 1458
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Investment opportunity awaits! Well maintained duplex featuring a large bonus parking lot, moments from shopping and downtown. This property features a 2 bedroom 1 bathroom unit downstairs, and a 1 bedroom 1 bathroom upstairs. Tenants pay gas and electric. Make it yours today!
  • Designated Managing Broker Y N: No
  • Potential Annual Expenses: 12000
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1458
  • L O1 Brokerage Number: 478026891
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 48.7
  • Basement: Yes

Exterior Features

  • Exterior: Siding, Vinyl
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

  • Heating: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2022
  • Taxes: 2898

MLS Schools

  • HighSchool: Other/Outside Area
  • School District: Other/Outside Area
  • Middle School: Other/Outside Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Dec 28, 2023
Sold by
Meenen Bradley J
Bought by
312 Sterling Investments Llc
Seller's Agent
Jonathan Gieson
Re/Max of Rock Valley
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$89,900
Sold Price
$71,000
Premium/Discount to List
-$18,900
-21.02%
Views
50
Current Estimated Value
$101,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,047
Avg. Annual Appreciation
19.81%

Purchase Details

Closed on
Nov 12, 2013
Bought by
Meenen Bradley J
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
312 Sterling Investments Llc $71,000 None Listed On Document
Meenen Bradley J $73,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $71,000 -21.0% $49 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $89,900 -- $62 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $3,149 $30,206 $4,765 $25,441
2023 $2,973 $28,355 $4,473 $23,882
2022 $2,899 $27,129 $4,280 $22,849
2021 $2,797 $25,584 $4,036 $21,548
2020 $2,719 $24,688 $3,895 $20,793
2019 $2,702 $24,239 $3,824 $20,415
2018 $2,673 $24,278 $3,830 $20,448
2017 $2,678 $24,112 $3,804 $20,308
2016 $2,610 $23,335 $3,681 $19,654
2015 $2,184 $20,975 $3,782 $17,193
2014 $249 $23,443 $3,698 $19,745
2013 $2,184 $20,975 $3,782 $17,193
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202306869

NorthWest Illinois Alliance of REALTORS®

APN: 1122262001