Seller's Agent in 2022
Justin Smith
Century 21 Affiliated
(815) 494-5394
1 in this area
214 Total Sales
206 W 5th St Sterling, IL 61081
Estimated Value: $136,000 - $348,000
Studio
--
Bath
4,992
Sq Ft
$49/Sq Ft
Est. Value
Highlights
- Brick or Stone Mason
- Baseboard Heating
- Washer and Dryer
- Forced Air Heating System
- Coin Laundry
About This Home
As of August 2022Quiet six unit complex in a great location with many long term tenants. Great Cashflow. Very well maintained. All 2 bedroom Units. Tenant paid Utilities. Fully rented. Unlock value by raising rents. Situated Downtown Sterling. Right across from the VA office and the county market.
Last Agent to Sell the Property
Century 21 Affiliated License #475168898 Listed on: 06/09/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,305
Lot Details
- 4,356
Parking
- 3 Car Parking Spaces
Home Design
- Brick or Stone Mason
- Shingle Roof
Interior Spaces
- 4,992 Sq Ft Home
- 3-Story Property
- Washer and Dryer
- Basement
Kitchen
- Stove
- Range
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
- Separate Meters
- Gas Water Heater
Community Details
Overview
- 6 Units
- 3-Story Building
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2022
Closed on
Aug 12, 2022
Sold by
Mapleshade Properties Llc
Bought by
Rentco Llc
Seller's Agent
Justin Smith
Century 21 Affiliated
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%
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
-$16,952
Avg. Annual Appreciation
-1.86%
Original Mortgage
$4,909,125
Outstanding Balance
$4,578,158
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
-$4,335,110
Purchase Details
Listed on
Jun 5, 2019
Closed on
Nov 2, 2020
Sold by
Otf Inc
Bought by
Mapleshade Properties Llc
Seller's Agent
Alyssa Carpenter
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Justin Smith
Century 21 Affiliated
List Price
$165,000
Sold Price
$115,000
Premium/Discount to List
-$50,000
-30.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.81%
Purchase Details
Closed on
Jan 1, 2003
Bought by
Otf Inc 761
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 |
|---|---|---|---|
| Rentco Llc | $260,000 | -- | |
| Mapleshade Properties Llc | $115,000 | None Available | |
| Otf Inc 761 | $197,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rentco Llc | $4,909,125 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/19/2022 08/19/22 | Sold | $260,000 | -11.9% | $52 / Sq Ft | |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- | |
| 06/09/2022 06/09/22 | For Sale | $295,000 | +156.5% | $59 / Sq Ft | |
| 11/23/2020 11/23/20 | Sold | $115,000 | -25.8% | -- | View Prior Sale |
| 11/06/2020 11/06/20 | Pending | -- | -- | -- | |
| 08/01/2019 08/01/19 | Price Changed | $155,000 | -6.1% | -- | |
| 06/05/2019 06/05/19 | For Sale | $165,000 | -- | -- |
Source: NorthWest Illinois Alliance of REALTORS®
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 | $10,060 | $96,488 | $4,395 | $92,093 |
| 2023 | $9,496 | $90,574 | $4,126 | $86,448 |
| 2022 | $7,571 | $70,856 | $3,948 | $66,908 |
| 2021 | $7,306 | $66,820 | $3,723 | $63,097 |
| 2020 | $7,103 | $64,480 | $3,593 | $60,887 |
| 2019 | $7,058 | $63,309 | $3,528 | $59,781 |
| 2018 | $6,983 | $63,411 | $3,534 | $59,877 |
| 2017 | $6,996 | $62,977 | $3,510 | $59,467 |
| 2016 | $6,818 | $60,948 | $3,397 | $57,551 |
| 2015 | $6,520 | $62,622 | $3,491 | $59,131 |
| 2014 | $6,506 | $61,231 | $3,413 | $57,818 |
| 2013 | $6,520 | $62,622 | $3,491 | $59,131 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Smith
-
NON-NWIAR Member
N
Buyer's Agent in 2022
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
-
Alyssa Carpenter
Seller's Agent in 2020
Alyssa Carpenter
Baird Warner
(202) 413-4443
34 Total Sales
Map
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202203627
APN: 1121377009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.