NOT LISTED FOR SALE

208 E 8th St Sterling, IL 61081

Estimated Value: $89,129 - $108,000

4 Beds
2 Baths
-- Sq Ft
4,922 Sq Ft Lot

Last Sold March 27, 2024

Last sale price $60,000

Est. 65% increase in value since last sale

Current estimated payment $619/month

233 Days on Market

About This Home

As of March 2024

Nice duplex in convenient location. Two bedroom units, central air and newer steel roof. Tenants pay all utilities. Two car garage that could also be rented.

Last Agent to Sell the Property

Frank Murphy

RE/MAX Sauk Valley License #475138591 Listed on: 06/23/2023

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

  • $2,837

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 61x87x74x70

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Sterling High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $12,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,837

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
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Block
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Slate

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

Schools

  • High School: Sterling High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 61X87X74X70
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 12360
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 2837
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Mar 27, 2024
Sold by
Papoccia Terry
Bought by
Properties 815 Llc
Seller's Agent
Frank Murphy
RE/MAX Sauk Valley
Buyer's Agent
Tim McCaslin
RE/MAX Sauk Valley
List Price
$89,900
Sold Price
$60,000
Premium/Discount to List
-$29,900
-33.26%
Views
336
Current Estimated Value
$99,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,282
Avg. Annual Appreciation
33.57%
Original Mortgage
$48,000
Outstanding Balance
$35,892
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$63,390
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
Properties 815 Llc $60,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Properties 815 Llc $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 Sold $60,000 -20.0% --
02/12/2024 02/12/24 Pending -- -- --
01/02/2024 01/02/24 Price Changed $75,000 -16.6% --
12/26/2023 12/26/23 For Sale $89,900 +49.8% --
12/23/2023 12/23/23 Off Market $60,000 -- --
07/20/2023 07/20/23 Price Changed $89,900 -10.0% --
06/23/2023 06/23/23 For Sale $99,900 -- --
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 $3,083 $29,569 $2,750 $26,819
2023 $2,910 $27,756 $2,581 $25,175
2022 $2,837 $26,555 $2,469 $24,086
2021 $2,738 $25,042 $2,328 $22,714
2020 $2,662 $24,164 $2,246 $21,918
2019 $2,645 $23,725 $2,205 $21,520
2018 $2,617 $23,763 $2,209 $21,554
2017 $2,622 $23,600 $2,194 $21,406
2016 $2,555 $22,839 $2,123 $20,716
2015 $2,443 $23,466 $2,181 $21,285
2014 $2,438 $22,945 $2,133 $20,812
2013 $2,443 $23,466 $2,181 $21,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11815795

Midwest Real Estate Data (MRED)

APN: 1121403005