NOT LISTED FOR SALE

301 E 19th St Sterling, IL 61081

Estimated Value: $450,136

8 Beds
8 Baths
-- Sq Ft
0.36 Acres

Last Sold February 05, 2021

Last sale price $315,000

Est. 43% increase in value since last sale

Current estimated payment $3,365/month

About This Home

As of February 2021

Very nicely managed and maintained. 8 unit apartment complex. All 1 bed, 1 bath. Newer hot water heaters. Most appliances have been updated. 8 garages. Tenant paid utilities. Nicely landscaped corner lot. Great location by CGH, Duis Center, and grocery store.

Last Agent to Sell the Property

Tim McCaslin

RE/MAX Sauk Valley License #471002068 Listed on: 10/28/2020

RE/MAX Sauk Valley

Last Buyer's Agent

Tim McCaslin

RE/MAX Sauk Valley License #471002068 Listed on: 10/28/2020

RE/MAX Sauk Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,947

Year Built

  • 1975

Lot Details

  • 0.36

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Insurance Expense $1,520

Listing and Financial Details

  • Tenant pays for electric, heat, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,947

Year Built

1975

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Estimated Age: 36-50 Years
  • Net Oper Income: 42348
  • Scavenger Expense: 660
  • Total Annual Exp: 2480
  • Total Annual Income: 44820
  • Total Monthly Income: 3529
  • Number of Ranges: 8
  • Number Of Refrigs: 8
  • Number Of Window A C: 8
  • Number Of Stories: 2
  • Estimated Year Built: 1975
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1975

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 6-12 Spaces
  • Number Of Parking Spaces: 8

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Baseboard

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Electricity Expense: 300

Lot Info

  • Lot Dimensions: 154X101
  • Parcel Identification Number: 11164760010000

Rental Info

  • Gross Rental Income: 3735
  • Tenant Pays: Electric, Heat, Water/Sewer

Multi Family

  • Expense Year: 2018
  • Insurance Expense: 1520

Tax Info

  • Taxes: 8594

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Feb 5, 2021
Sold by
Habben Steven G
Bought by
Mike Strong Inv Llc
Seller's Agent
Tim McCaslin
RE/MAX Sauk Valley
Buyer's Agent
Tim McCaslin
RE/MAX Sauk Valley
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$450,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,136
Avg. Annual Appreciation
6.35%
Original Mortgage
$252,000
Outstanding Balance
$227,069
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$189,686
Source: Public Records

Range of Values:

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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
Mike Strong Inv Llc $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mike Strong Inv Llc $252,000
Previous Owner Habben Steven G $110,708
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $315,000 0.0% --
10/28/2020 10/28/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $315,000 -- --
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 $10,947 $104,990 $7,320 $97,670
2023 $11,007 $104,990 $7,320 $97,670
2022 $11,218 $104,990 $7,320 $97,670
2021 $8,534 $78,052 $7,320 $70,732
2020 $8,598 $78,052 $7,320 $70,732
2019 $8,702 $78,052 $7,320 $70,732
2018 $8,595 $78,052 $7,320 $70,732
2017 $8,670 $78,052 $7,320 $70,732
2016 $8,449 $75,537 $7,084 $68,453
2015 $8,080 $77,610 $7,279 $70,331
2014 $8,063 $75,887 $7,117 $68,770
2013 $8,080 $77,610 $7,279 $70,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10919209

Midwest Real Estate Data (MRED)

APN: 1116476001