C
Seller's Agent in 2023
Curt Repass
Sauk Valley Properties LLC
(815) 622-8318
14 in this area
21 Total Sales
1509 E 25th St Sterling, IL 61081
6
Beds
6
Baths
3,500
Sq Ft
0.46
Acres
Highlights
- Courtyard
- Heating Available
- 3-minute walk to Thomas Park
- Central Air
About This Home
As of March 2023Great investment option. 6 units, all occupied by leased tenants. 3 of the units have been updated since 2021. Each unit is ~ 600 sq. ft, with 1 bed and 1 bath. Storage space. Entrance to a back patio in each unit and 1 car garage. Tenants pay all utilities (electric, sewer, water and cable). Close to parks, schools and shopping. Call for additional details.
Last Agent to Sell the Property
Sauk Valley Properties LLC License #475132095 Listed on: 11/02/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,800
Year Built
- Built in 1978
Lot Details
- 0.46
Parking
- 6 to 12 Parking Spaces
Interior Spaces
- 3,500 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Utilities
- Central Air
- Heating Available
- Separate Meters
- 100 Amp Service
Additional Features
- Courtyard
- Lot Dimensions are 120x170
Community Details
Overview
- 6 Units
Building Details
- Insurance Expense $1,750
- Maintenance Expense $1,663
- Other Expense $600
- Operating Expense $9,813
- Gross Income $33,264
- Net Operating Income $23,451
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2024
Sold by
C & B House Rentals Llc
Bought by
3 Nails Invested Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$181,536
Interest Rate
7.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 2, 2022
Closed on
Mar 3, 2023
Sold by
Emh Holdings Llc
Bought by
C & B House Rentals Llc
Seller's Agent
Curt Repass
Sauk Valley Properties LLC
Buyer's Agent
Myles Kukowski
RE/MAX Sauk Valley
List Price
$255,000
Sold Price
$215,000
Premium/Discount to List
-$40,000
-15.69%
Views
87
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.5%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 7, 2021
Sold by
Monroe Ambrose
Bought by
Emh Holdings Llc
Purchase Details
Closed on
Aug 1, 2013
Bought by
Monroe Ambrose
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 3 Nails Invested Llc | $215,000 | None Listed On Document | |
| C & B House Rentals Llc | $38,666 | -- | |
| Emh Holdings Llc | $190,000 | None Available | |
| Monroe Ambrose | $158,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 3 Nails Invested Llc | $215,000 | |
| Previous Owner | C & B House Rentals Llc | $172,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2023 03/03/23 | Sold | $215,000 | -6.5% | $61 / Sq Ft |
| 01/30/2023 01/30/23 | Pending | -- | -- | -- |
| 01/09/2023 01/09/23 | Price Changed | $230,000 | -6.1% | $66 / Sq Ft |
| 12/08/2022 12/08/22 | Price Changed | $245,000 | -3.9% | $70 / Sq Ft |
| 11/04/2022 11/04/22 | For Sale | $255,000 | -- | $73 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,564 | $62,951 | $8,772 | $54,179 |
| 2023 | $6,600 | $62,951 | $8,772 | $54,179 |
| 2022 | $6,726 | $62,951 | $8,772 | $54,179 |
| 2021 | $5,668 | $51,840 | $8,772 | $43,068 |
| 2020 | $5,710 | $51,840 | $8,772 | $43,068 |
| 2019 | $5,779 | $51,840 | $8,772 | $43,068 |
| 2018 | $5,708 | $51,840 | $8,772 | $43,068 |
| 2017 | $5,759 | $51,840 | $8,772 | $43,068 |
| 2016 | $5,799 | $51,840 | $8,772 | $43,068 |
| 2015 | $641 | $61,608 | $8,532 | $53,076 |
| 2014 | $5,508 | $51,840 | $8,772 | $43,068 |
| 2013 | $641 | $61,608 | $8,532 | $53,076 |
Source: Public Records
Agents Affiliated with this Home
-
Curt Repass
-
Myles Kukowski
Buyer's Agent in 2023
Myles Kukowski
RE/MAX
(815) 499-9932
54 in this area
141 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11667305
APN: 1115180009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes