NOT LISTED FOR SALE

1407 5th Ave Sterling, IL 61081

Estimated Value: $71,000 - $147,000

4 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: October 11, 2024

Last sale price $53,000

Est. 124% increase in value since last sale

Current estimated payment $758 / mo

71 Days on Market

About This Home

As of October 2024

Welcome Home to 1407 5th Avenue! This home features 4 bedrooms/2 bathrooms and a 2 car detached garage! Property is owned by the US Department of HUD. Case #138-016738. Seller makes no representations or warranties as to property condition. Seller may contribute up to 3% for buyer's closing costs, upon buyer request at time of bid. SOLD AS-IS. Equal Housing Opportunity.

Last Agent to Sell the Property

Frank Rusin

Four Seasons Realty, Inc. License #471007175 Listed on: 07/03/2024

Last Buyer's Agent

Rebecca Hazzard

RE/MAX of Rock Valley License #471019445

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x156

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 50X156
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3040.08
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Oct 7, 2024
Sold by
Bought by
Seller's Agent
Frank Rusin
Four Seasons Realty, Inc.
Buyer's Agent
Rebecca Hazzard
RE/MAX of Rock Valley
List Price
$75,000
Sold Price
$53,000
Premium/Discount to List
-$22,000
-29.33%
Views
198
Current Estimated Value
$118,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,843
Avg. Annual Appreciation
59.06%

Purchase Details

Closed on
May 17, 2024
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2024
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 2023
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2023
Sold by
Bought by

Purchase Details

Listed on
Feb 21, 2019
Closed on
Jun 27, 2019
Sold by
Bought by
Seller's Agent
Jenni Dace
Judy Powell Realty
Buyer's Agent
Karla Boyungs
United Country Sauk Valley Realty
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$88,271
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,838
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,350
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,350
Interest Rate
5.69%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Hb Wilkinson Title
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
$89,900 --
$85,000 None Available
$55,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $88,271
Previous Owner $77,838
Previous Owner $53,350
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2024 10/11/24 Sold $53,000 -21.5% --
09/13/2024 09/13/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $67,500 -10.0% --
07/03/2024 07/03/24 For Sale $75,000 -16.6% --
06/27/2019 06/27/19 Sold $89,900 0.0% $69 / Sq Ft View Prior Sale
03/08/2019 03/08/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $89,900 -- $69 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,023 $39,605 $3,699 $35,906
2024 $3,887 $37,282 $3,482 $33,800
2023 $3,040 $34,997 $3,269 $31,728
2022 $2,937 $33,484 $3,128 $30,356
2021 $2,797 $31,577 $2,950 $28,627
2020 $2,696 $30,471 $2,847 $27,624
2019 $2,293 $26,564 $2,795 $23,769
2018 $2,269 $26,606 $2,799 $23,807
2017 $2,269 $26,424 $2,780 $23,644
2016 $2,189 $25,572 $2,690 $22,882
2015 $211 $26,274 $2,764 $23,510
2014 $2,092 $25,691 $2,703 $22,988
2013 $211 $26,274 $2,764 $23,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12101452

Midwest Real Estate Data (MRED)

APN: 1121230026

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