NOT LISTED FOR SALE

312 6th Ave Sterling, IL 61081

Estimated Value: $73,995 - $92,000

3 Beds
3 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold January 21, 2022

Last sale price $53,000

Est. 65% increase in value since last sale

Current estimated payment $634/month

39 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Forced Air Heating System

About This Home

As of January 2022

This 3 unit building offers a 2 bedroom unit, a 1 bedroom unit, and 1 studio apartment. There are 2 electric meters, 1 gas meter, and 1 water meter. New shingles in 2021. One unit is currently occupied on a month to month lease. Off street parking for three vehicles. Excellent income potential! Asking $59,900.

Last Agent to Sell the Property

Eric Bird

Bird Realty License #471002935 Listed on: 11/22/2021

Last Buyer's Agent

Kevin Considine

Bird Realty License #475128705

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 1905

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 100x95x30x135

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Porch

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,606
  • Fuel Expense $1,226
  • Water Sewer Expense $735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,744

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1905
  • 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: 3
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Water Sewer Expenses: 735
  • Other Expenses $: 613

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 100X95X30X135
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Multi Family

  • Fuel Expense: 1226
  • ElectricExpense: 1606
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 1744.26
  • Tax Year: 2020
  • Tax Exemptions: None

MLS Schools

  • Othr Public Sch: Sauk Valley Community College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Jan 21, 2022
Sold by
Bird Eric R
Bought by
Lefevre Howard Phillip
Seller's Agent
Eric Bird
Bird Realty
Buyer's Agent
Kevin Considine
Bird Realty
List Price
$69,900
Sold Price
$53,000
Premium/Discount to List
-$16,900
-24.18%
Current Estimated Value
$87,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,342
Avg. Annual Appreciation
11.95%
Original Mortgage
$26,500
Outstanding Balance
$7,658
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$75,591

Purchase Details

Closed on
Dec 20, 2006
Sold by
Lewis Joseph D and Lewis Diana L
Bought by
Brid Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.24%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 27, 2006
Sold by
Lewis Joseph D
Bought by
Lewis Joseph D and Lewis Diana L
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
Lefevre Howard Phillip $53,000 Cook Frank
Brid Eric R $47,000 None Available
Lewis Joseph D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lefevre Howard Phillip $26,500
Previous Owner Brid Eric R $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $53,000 -24.2% --
01/01/2022 01/01/22 Pending -- -- --
11/22/2021 11/22/21 For Sale $69,900 -- --
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 $2,175 $20,857 $5,871 $14,986
2023 $2,053 $19,578 $5,511 $14,067
2022 $2,002 $18,732 $5,273 $13,459
2021 $1,794 $16,410 $4,973 $11,437
2020 $1,744 $15,835 $4,799 $11,036
2019 $1,733 $15,548 $4,712 $10,836
2018 $1,715 $15,573 $4,720 $10,853
2017 $1,718 $15,467 $4,688 $10,779
2016 $1,674 $14,969 $4,537 $10,432
2015 $1,601 $15,379 $4,661 $10,718
2014 $1,598 $15,038 $4,558 $10,480
2013 $1,601 $15,379 $4,661 $10,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11275371

Midwest Real Estate Data (MRED)

APN: 1122312001