NOT LISTED FOR SALE

1608 16th Ave Sterling, IL 61081

Estimated Value: $81,000 - $100,000

2 Beds
1 Bath
736 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $65,000 $88 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $688/month

8 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage

About This Home

As of September 2022

Located in Northeast Sterling on a large lot with a set back setting away from the city street. Remodeled kitchen with appliances and bath (2021). New flooring, freshly painted (2022), main floor laundry. New siding and windows (2022). Deck between the house and garage. Broker owned.

Last Agent to Sell the Property

John Dorenbos

Judy Powell Realty License #475139735 Listed on: 07/25/2022

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

  • $983

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 50x142

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 736 Sq Ft Home
  • Living Room
  • Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

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

Est. Annual Taxes

$983

Year Built

Built in 1945

Lot Details

0

Parking

1

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: 1945
  • 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, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Laundry
  • LivingArea: 736
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 74900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 5

Lot Info

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

Rental Info

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

Tax Info

  • Tax Annual Amount: 983.26
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Sep 12, 2022
Sold by
Dorenbos John K
Bought by
Johnson Jordan L and Johnson Morgan Taylor
Seller's Agent
John Dorenbos
Judy Powell Realty
Buyer's Agent
Jonathan Gieson
RE/MAX of Rock Valley
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Views
47
Current Estimated Value
$87,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,704
Avg. Annual Appreciation
9.51%
Original Mortgage
$48,750
Outstanding Balance
$45,938
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$38,742

Purchase Details

Listed on
Aug 13, 2020
Closed on
Aug 26, 2020
Sold by
Community State Bank
Bought by
Dorenbos John K
Seller's Agent
Tim McCaslin
RE/MAX Sauk Valley
Buyer's Agent
John Dorenbos
Judy Powell Realty
List Price
$29,900
Sold Price
$26,000
Premium/Discount to List
-$3,900
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.70%

Purchase Details

Closed on
Jan 10, 2020
Sold by
Shoffner Rita J
Bought by
Community State Bank

Purchase Details

Closed on
May 5, 2006
Sold by
Anderson Paul M
Bought by
Shoffner Rita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Johnson Jordan L $65,000 --
Dorenbos John K $26,000 None Available
Community State Bank -- None Available
Shoffner Rita J $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Jordan L $48,750
Previous Owner Shoffner Rita J $42,592
Previous Owner Shoffner Rita J $5,001
Previous Owner Shoffner Rita J $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $65,000 -13.2% $88 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $74,900 +188.1% $102 / Sq Ft
08/27/2020 08/27/20 Sold $26,000 -13.0% $35 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $29,900 -- $41 / 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 $2,515 $24,123 $3,667 $20,456
2023 $2,374 $22,644 $3,442 $19,202
2022 $1,058 $15,899 $3,293 $12,606
2021 $983 $14,993 $3,105 $11,888
2020 $1,594 $14,468 $2,996 $11,472
2019 $915 $14,206 $2,942 $11,264
2018 $906 $14,229 $2,947 $11,282
2017 $903 $14,132 $2,927 $11,205
2016 $859 $13,677 $2,833 $10,844
2015 $838 $14,052 $2,911 $11,141
2014 $822 $13,740 $2,846 $10,894
2013 $838 $14,052 $2,911 $11,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11473842

Midwest Real Estate Data (MRED)

APN: 1115459005