Seller's Agent in 2022
Patti Sword
RE/MAX
(815) 590-0130
104 in this area
232 Total Sales
202 6th Ave Sterling, IL 61081
Estimated Value: $434,897
Studio
9
Baths
2,636
Sq Ft
$165/Sq Ft
Est. Value
About This Home
As of March 2022Remodeled 9 unit apartment building near downtown Sterling. Each unit is a studio apartment with refrigerator & stove. Neatly kept property 3 Gas Forced Air Furnaces & 3 central air units (2013). Concrete drive & parking lot-off street. 4 stall garage rents for $50 per stall per month. Owner pays all utilities. Coin operated washer/dryer on site-$70/month income. Leases in place. Being sold subject to tenant's rights.
Last Agent to Sell the Property
RE/MAX Sauk Valley License #471002760 Listed on: 10/20/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,308
Year Built
- Built in 1910
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 100x135
Home Design
- Pitched Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 9 Bathrooms
- 2,636 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Central Air
- Gravity Heating System
- Heating System Uses Gas
Community Details
Overview
- 9 Units
Building Details
- Electric Expense $3,600
- Fuel Expense $1,296
- Insurance Expense $2,400
- Other Expense $2,880
- Trash Expense $744
- Water Sewer Expense $3,180
- Operating Expense $14,100
- Gross Income $61,440
- Net Operating Income $36,032
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2021
Closed on
Mar 9, 2022
Sold by
Cassens Nathan L and Habben Matthew N
Bought by
Strong Studios Llc
Seller's Agent
Patti Sword
RE/MAX Sauk Valley
Buyer's Agent
Tim McCaslin
RE/MAX Sauk Valley
List Price
$430,000
Sold Price
$345,000
Premium/Discount to List
-$85,000
-19.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,897
Avg. Annual Appreciation
6.30%
Original Mortgage
$276,000
Interest Rate
2.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2014
Sold by
Hibbard Timothy Scott
Bought by
Van Mar Properties Llc
Purchase Details
Closed on
Jan 29, 2008
Sold by
Select Employees Credit Union
Bought by
Dziedzic Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,220
Interest Rate
6.22%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 2, 2008
Sold by
Lenox Gary L and Lenox Kathy L
Bought by
Select Employees Credit Union
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,220
Interest Rate
6.22%
Mortgage Type
Future Advance Clause Open End Mortgage
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 |
|---|---|---|---|
| Strong Studios Llc | $336,500 | None Listed On Document | |
| Van Mar Properties Llc | $27,500 | None Available | |
| Hibbard Timothy Scott | $15,000 | None Available | |
| Dziedzic Sandra | $26,000 | None Available | |
| Select Employees Credit Union | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Strong Studios Llc | $276,000 | |
| Previous Owner | Dziedzic Sandra | $23,220 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2022 03/21/22 | Sold | $345,000 | -19.8% | $131 / Sq Ft |
| 01/25/2022 01/25/22 | Pending | -- | -- | -- |
| 10/20/2021 10/20/21 | For Sale | $430,000 | -- | $163 / 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 | $11,989 | $114,989 | $7,117 | $107,872 |
| 2023 | $12,056 | $114,989 | $7,117 | $107,872 |
| 2022 | $12,286 | $114,989 | $7,117 | $107,872 |
| 2021 | $11,224 | $102,656 | $7,117 | $95,539 |
| 2020 | $11,308 | $102,656 | $7,117 | $95,539 |
| 2019 | $7,576 | $67,957 | $7,117 | $60,840 |
| 2018 | $7,483 | $67,957 | $7,117 | $60,840 |
| 2017 | $7,549 | $67,957 | $7,117 | $60,840 |
| 2016 | $7,602 | $67,957 | $7,117 | $60,840 |
| 2015 | $144 | $13,859 | $7,279 | $6,580 |
| 2014 | $1,440 | $13,551 | $7,117 | $6,434 |
| 2013 | $144 | $13,859 | $7,279 | $6,580 |
Source: Public Records
Agents Affiliated with this Home
-
Patti Sword
-
Tim McCaslin
Buyer's Agent in 2022
Tim McCaslin
RE/MAX
(815) 716-7653
213 in this area
392 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11251455
APN: 1122354005
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