NOT LISTED FOR SALE

1511 Avenue K Sterling, IL 61081

Estimated Value: $78,000 - $117,000

1 Bed
1 Bath
1,123 Sq Ft
$85/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $57,900 $52 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $646/month

2 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Living Room
  • Corner Lot
  • Patio
  • Bathroom on Main Level

About This Home

As of April 2022

Adorable & affordable! Neat & clean 1 bedroom home on nice corner lot. Big living room. Handy kitchen with appliances included. Separate dining room. Laundry room. A family room with big storage closet. Attic entrance with pull downstairs. Vinyl tilt in windows. Roof-2004. Water heater-2014. Newer concrete driveway-2020. Nice covered patio, 13x19. Storage shed is back stays. Storage shed in front, gun safe and one rose bush do not stay. Grapevine fruit trees-Pear, Peach, Apple, Apricot.

Last Agent to Sell the Property

Patti Sword

RE/MAX Sauk Valley License #471002760 Listed on: 03/15/2022

RE/MAX Sauk Valley

Last Buyer's Agent

Alejandro Rivera

RE/MAX Sauk Valley License #475190887

RE/MAX Sauk Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $120

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50x142
  • Corner Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,123 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Laminate Flooring
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$120

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1948
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1123
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Attic: Pull Down Stair

Exterior Features

  • ExteriorFeatures: Patio
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Driveway: Concrete
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 50X142
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 119.96
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 29, 2022
Sold by
Rae Shaw Florene
Bought by
Gibbs Terry G
Seller's Agent
Patti Sword
RE/MAX Sauk Valley
Buyer's Agent
Alejandro Rivera
RE/MAX Sauk Valley
List Price
$54,900
Sold Price
$57,900
Premium/Discount to List
$3,000
5.46%
Current Estimated Value
$95,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,755
Avg. Annual Appreciation
15.42%
Original Mortgage
$57,676
Outstanding Balance
$54,717
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$40,938
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
Gibbs Terry G $57,900 Pignatelli & Associates Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Terry G $57,676
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $57,900 +5.5% $52 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $54,900 -- $49 / 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 $1,750 $22,785 $3,107 $19,678
2023 $1,613 $21,389 $2,917 $18,472
2022 $2,187 $20,464 $2,791 $17,673
2021 $119 $13,630 $2,632 $10,998
2020 $120 $13,153 $2,540 $10,613
2019 $121 $12,581 $2,494 $10,087
2018 $120 $12,601 $2,498 $10,103
2017 $121 $12,515 $2,481 $10,034
2016 $122 $12,112 $2,401 $9,711
2015 $126 $12,445 $2,467 $9,978
2014 $12 $12,168 $2,412 $9,756
2013 $126 $12,445 $2,467 $9,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11347483

Midwest Real Estate Data (MRED)

APN: 1120231007