Seller's Agent in 2022
Patti Sword
RE/MAX
(815) 590-0130
228 Total Sales
202 6th Ave Sterling, IL 61081
Sterling AreaEstimated Value: $436,751
Studio
9
Baths
2,636
Sq Ft
$166/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
- 13,500 Sq Ft 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2021
Closed on
Mar 9, 2022
Sold by
Bought by
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
$91,751
Avg. Annual Appreciation
5.56%
Original Mortgage
$276,000
Interest Rate
0.0277%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
0.036%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 29, 2014
Sold by
Bought by
Purchase Details
Closed on
Jan 29, 2008
Sold by
Bought by
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
0.0622%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 2, 2008
Sold by
Bought by
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
0.0622%
Mortgage Type
Future Advance Clause Open End Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $336,500 | None Listed On Document | ||
| $308,000 | None Available | ||
| $15,000 | None Available | ||
| $27,500 | None Available | ||
| $26,000 | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $276,000 | ||
| Previous Owner | $246,400 | ||
| Previous Owner | $308,000 | ||
| Previous Owner | $250,259 | ||
| Previous Owner | $175,000 | ||
| Previous Owner | $23,220 | ||
| Previous Owner | $60,400 | ||
| Previous Owner | $49,924 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $11,680 | $114,989 | $7,117 | $107,872 |
| 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
2 in this area
351 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11251455
APN: 1122354005
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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