NOT LISTED FOR SALE

1506 2nd Ave Sterling, IL 61081

Estimated Value: $102,000 - $122,000

3 Beds
1 Bath
1,450 Sq Ft
$76/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $81,000 $56 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $827/month

13 Days on Market

About This Home

As of January 2022

This 3 bedroom home conveniently located in Sterling has a brand new furnace (21), roof (17), water heater (17). All appliances stay in this adorable kitchen with skylight, center island, and vaulted ceiling. Separate dining room and bonus area add so much space. Large garage with alley access.

Last Agent to Sell the Property

Merdita Heald

RE/MAX Sauk Valley License #475139533 Listed on: 11/30/2021

RE/MAX Sauk Valley

Last Buyer's Agent

Jonathan Gieson

RE/MAX of Rock Valley License #475189224

RE/MAX of Rock Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,698

Year Built

  • 1920

Lot Details

  • 7,405

Parking

  • Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Formal Dining Room
  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,698

Year Built

1920

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Go north on 2nd Avenue
  • Lot Size: 50X150
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), First Floor Bedroom, First Floor Full Bath
  • Dining Room Type: Bonus Room

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck
  • Exterior Building Type: Vinyl Siding
  • Lot Features: Fenced Yard
  • Waterfront: No

Garage/Parking

  • Number of Cars: 4
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 5

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 2677.24
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2011
Sold by
Dailey Jonie S
Bought by
Kregar Milton R and Kregar Deborah L
Current Estimated Value
$110,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Outstanding Balance
$42,745
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$57,514

Purchase Details

Closed on
May 13, 2008
Sold by
Knapp Ryan D and Knapp Jennifer S
Bought by
Dailey Joni S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.88%
Mortgage Type
New Conventional
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
Kregar Milton R $76,000 None Available
Dailey Joni S $72,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kregar Milton R $60,800
Previous Owner Dailey Joni S $56,000
Previous Owner Knapp Ryan D $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $81,000 +1.4% $56 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $79,900 -- $55 / Sq Ft
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 $2,698 $31,874 $3,482 $28,392
2023 $2,508 $29,921 $3,269 $26,652
2022 $3,059 $28,627 $3,128 $25,499
2021 $2,754 $25,187 $2,950 $22,237
2020 $2,677 $24,305 $2,847 $21,458
2019 $2,660 $23,863 $2,795 $21,068
2018 $2,632 $23,901 $2,799 $21,102
2017 $2,637 $23,737 $2,780 $20,957
2016 $2,570 $22,972 $2,690 $20,282
2015 $2,457 $23,603 $2,764 $20,839
2014 $2,452 $23,079 $2,703 $20,376
2013 $2,457 $23,603 $2,764 $20,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11278339

Midwest Real Estate Data (MRED)

APN: 1121204005