NOT LISTED FOR SALE

206 8th Ave Sterling, IL 61081

Estimated Value: $87,000 - $94,000

4 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold October 30, 2020

Last sale price $55,400

Est. 76% increase in value since last sale

Current estimated payment $738/month

28 Days on Market

About This Home

As of October 2020

Looking for cash flow? This side by side duplex is priced right. New roof 2018, new front porch 2020, 2 new HE furnaces 2019, separate 100 amp electrical services. Separate basements, 2 car detached garage currently used by owner. All utilities separate and paid by tenants. Ready to rent!

Last Agent to Sell the Property

David DeVries

Xtreme Realty License #471006544 Listed on: 08/24/2020

Co-Listed By

Tracy DeVries

Xtreme Realty License #475161740

Last Buyer's Agent

Debora J proctor

Bardier & Ramirez Real Estate License #475140667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,347

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x135

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Duplex
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,347

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50X135
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 2346.54
  • Tax Year: 2019

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 23, 2020
Sold by
Larkey Raymond L and Larkey Maria R
Bought by
Jacobs Nathan P
Seller's Agent
David DeVries
Xtreme Realty
Buyer's Agent
Debora J proctor
Bardier & Ramirez Real Estate
List Price
$59,900
Sold Price
$55,400
Premium/Discount to List
-$4,500
-7.51%
Current Estimated Value
$97,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,868
Avg. Annual Appreciation
10.16%
Original Mortgage
$41,550
Outstanding Balance
$36,889
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$54,558
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jacobs Nathan P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Nathan P $41,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $55,400 -7.5% --
09/21/2020 09/21/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $59,900 -- --
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 $2,735 $26,230 $4,586 $21,644
2023 $2,581 $24,622 $4,305 $20,317
2022 $2,517 $23,557 $4,119 $19,438
2021 $2,429 $22,215 $3,884 $18,331
2020 $2,361 $21,437 $3,748 $17,689
2019 $2,347 $21,048 $3,680 $17,368
2018 $2,321 $21,082 $3,686 $17,396
2017 $2,326 $20,938 $3,661 $17,277
2016 $2,267 $20,263 $3,543 $16,720
2015 $2,167 $20,818 $3,640 $17,178
2014 $216 $20,356 $3,559 $16,797
2013 $2,167 $20,818 $3,640 $17,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10830224

Midwest Real Estate Data (MRED)

APN: 1122337005