NOT LISTED FOR SALE

1831 4th Ave Sterling, IL 61081

Estimated Value: $276,000

2 Beds
1 Bath
-- Sq Ft
0.32 Acres

Last Sold May 28, 2021

Last sale price $210,000

Est. 31% increase in value since last sale

Current estimated payment $1,780/month

5 Days on Market

Highlights

  • Corner Lot
  • 4 Car Attached Garage
  • Heating Available
  • Balcony

About This Home

As of May 2021

Quiet complex in a great location with many long term tenants. Very well maintained. Units are smoke free and pet free and have been updated. All electric, so there are no furnaces to maintain or replace. Tenants pay electric, water and sewer. Roof approximately 10 years old, new windows. Must be sold with 1827 4th Ave

Last Agent to Sell the Property

Frank Murphy

RE/MAX Sauk Valley License #475138591 Listed on: 04/30/2021

RE/MAX Sauk Valley

Last Buyer's Agent

Tim McCaslin

RE/MAX Sauk Valley License #471002068

RE/MAX Sauk Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,675

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 102x136
  • Corner Lot

Parking

  • 4 Car Attached Garage
  • Carport
  • Parking Space is Owned

Home Design

  • Block Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Bathroom

Additional Features

  • 2-Story Property
  • Balcony
  • Heating Available

Community Details

  • 4 Units
  • Gross Income $24,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,675

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 1
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Block
  • List Price: 218500
  • Lot Features: Corner Lot
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage Details: Carport
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Middle/Junior School District: 5

Lot Info

  • Lot Dimensions: 102X136
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • TenantPays: Electric,Sewer,Water

Multi Family

  • GrossIncome: 24060
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 6675
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 28, 2021
Sold by
Rangel Fred
Bought by
3 Nails Invested Llc
Seller's Agent
Frank Murphy
RE/MAX Sauk Valley
Buyer's Agent
Tim McCaslin
RE/MAX Sauk Valley
List Price
$218,500
Sold Price
$210,000
Premium/Discount to List
-$8,500
-3.89%
Current Estimated Value
$276,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,000
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
3 Nails Invested Llc $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 3 Nails Invested Llc $419,182
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $210,000 -3.9% --
05/05/2021 05/05/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $218,500 -- --
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
2021 $6,909 $63,191 $9,479 $53,712
2020 $6,717 $60,978 $9,147 $51,831
2019 $6,675 $59,871 $8,981 $50,890
2018 $6,603 $59,967 $8,995 $50,972
2017 $6,616 $59,556 $8,933 $50,623
2016 $6,447 $57,637 $8,645 $48,992
2015 $6,165 $59,218 $8,882 $50,336
2014 $6,152 $57,904 $8,685 $49,219
2013 $6,165 $59,218 $8,882 $50,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11071531

Midwest Real Estate Data (MRED)

APN: 1116476004