NOT LISTED FOR SALE

1404 W 3rd St Sterling, IL 61081

Estimated Value: $101,526 - $118,000

4 Beds
2 Baths
-- Sq Ft
0.35 Acres

Last Sold January 31, 2022

Last sale price $77,000

Est. 41% increase in value since last sale

Current estimated payment $775/month

79 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of January 2022

1404 & 1406 W 3rd Street. Duplex with identical units. Separate utilities. Leases available, security deposits. Partial basements. Tenants pay all utilities. Seller to update the electrical to be updated before closing. 2 car garage goes with the east apartment.

Last Agent to Sell the Property

Jenni Dace

Judy Powell Realty License #471010072 Listed on: 09/17/2021

Last Buyer's Agent

Jayne Menne

Willow Real Estate, Inc License #471000685

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,333

Year Built

  • Built in 1956

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100x163

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,333

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.35
  • Lot Dimensions: 100X163
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2333.36
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Jan 31, 2022
Sold by
Filippi Timothy J
Bought by
Arndt Amanda A
Seller's Agent
Jenni Dace
Judy Powell Realty
Buyer's Agent
Jayne Menne
Willow Real Estate, Inc
List Price
$79,900
Sold Price
$77,000
Premium/Discount to List
-$2,900
-3.63%
Current Estimated Value
$108,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,882
Avg. Annual Appreciation
9.10%
Original Mortgage
$73,150
Outstanding Balance
$67,315
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$41,567

Purchase Details

Closed on
May 6, 2009
Sold by
Dirks Lyle
Bought by
Ivey Danny J and Filippi Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Newman Donna L
Bought by
Jury Danny Joseph and Filippi Timothy James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
6.25%
Mortgage Type
New Conventional
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
Arndt Amanda A $28,666 None Listed On Document
Ivey Danny J $45,000 None Available
Jury Danny Joseph $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arndt Amanda A $73,150
Previous Owner Ivey Danny J $38,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $77,000 0.0% --
12/17/2021 12/17/21 Off Market $77,000 -- --
12/06/2021 12/06/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $79,900 -- --
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 $2,534 $30,303 $3,081 $27,222
2023 $2,353 $28,445 $2,892 $25,553
2022 $2,908 $27,215 $2,767 $24,448
2021 $2,400 $21,952 $2,609 $19,343
2020 $2,333 $21,183 $2,518 $18,665
2019 $2,319 $20,798 $2,472 $18,326
2018 $2,294 $20,831 $2,476 $18,355
2017 $1,778 $16,002 $2,459 $13,543
2016 $1,732 $15,487 $2,380 $13,107
2015 $1,657 $15,912 $2,445 $13,467
2014 $1,653 $15,559 $2,391 $13,168
2013 $1,657 $15,912 $2,445 $13,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11222383

Midwest Real Estate Data (MRED)

APN: 1120451020