NOT LISTED FOR SALE

403 5th St Sherrard, IL 61281

Estimated Value: $198,000 - $267,000

7 Beds
4 Baths
3,328 Sq Ft
$71/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $187,500 $56 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,775/month

4 Days on Market

About This Home

As of June 2021

Very well kept 4 plex with nice brick exterior. Split foyer layout with 2 units up and 2 units down. Three of the units have 2 bedrooms, one unit has 1 bedroom. One unit has updated kitchen and flooring. Upper units have their own deck. Lower level waterproofed. All units occupied and ready for new owner! Separate meters for gas & electric paid by tenant. Coin laundry has produced additional $700 in annual income for seller. Public sewer & public water.

Last Agent to Sell the Property

Bonnie Turner

HomeSmart Residential and Commercial Realty License #475.165594/B64457000 Listed on: 04/22/2021

HomeSmart Residential and Commercial Realty

Last Buyer's Agent

Christine Taylor

KW 1Advantage License #471.020431/B60056000

KW 1Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,266

Year Built

  • Built in 1977

Lot Details

  • 0.47

Home Design

  • Quadruplex

Finished Basement

  • Sump Pump

Schools

  • Sherrard Elementary School
  • Sherrard High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,266

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Four-Plex
  • Legal Description: S4 T15N R1W LOTS 4,5 & 8 BLK 13 ORIGINAL TOWN OF SHERRARD
  • Year Built: 1977
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Number Washers: 1
  • Basement: Finished
  • Price Per Sq Ft: 56.34
  • Total Sq Ft: 3328

Exterior Features

  • Exterior: Brick
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Guest Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Central Air
  • Water Sewer: Public Sewer, Public Water, Sump Pump
  • Electric Expense: 300
  • Garbage Collection Exp: 576
  • Gas Expense: 540
  • Laundry Facilities: Common
  • Water Sewer Expenses: 900

Schools

  • Elementary School: Sherrard
  • Middle School: Sherrard
  • High School: Sherrard
  • Elementary School: Sherrard
  • High School: Sherrard

Lot Info

  • Estimated Lot Size: 86X140X74X140
  • Lot Description: Level
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 26760
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 5266.06
  • Parcel Id Number Tax Id: 06-06-04-316-005
  • Tax Year: 2019

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 27460
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 5
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Sherrard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 11, 2016
Bought by
Gbl Llc
Seller's Agent
Dan DePorter
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
Bonnie Turner
HomeSmart Residential and Commercial Realty
List Price
$168,500
Sold Price
$163,751
Premium/Discount to List
-$4,749
-2.82%
Current Estimated Value
$235,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,070
Avg. Annual Appreciation
3.38%

Purchase Details

Closed on
Jul 9, 2004
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
Gbl Llc $163,751 --
-- $127,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $187,500 -1.3% $56 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $189,900 +16.0% $57 / Sq Ft
05/13/2016 05/13/16 Sold $163,751 -2.8% $49 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $168,500 -- $51 / Sq Ft
Source: RMLS Alliance

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 $6,219 $75,675 $7,985 $67,690
2023 $6,219 $68,865 $7,265 $61,600
2022 $5,538 $67,995 $7,175 $60,820
2021 $5,294 $60,965 $3,185 $57,780
2020 $5,225 $58,340 $3,050 $55,290
2019 $5,150 $56,915 $2,975 $53,940
2018 $5,086 $58,930 $3,080 $55,850
2017 $5,047 $55,280 $2,890 $52,390
2016 $4,823 $52,050 $2,720 $49,330
2015 $4,743 $51,755 $2,705 $49,050
2014 $4,565 $50,640 $2,645 $47,995
2013 $4,658 $52,275 $2,730 $49,545
2010 $4,846 $54,770 $2,860 $51,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4220807

RMLS Alliance

APN: 06-06-04-316-005