NOT LISTED FOR SALE

403 7th Ave Sterling, IL 61081

Estimated Value: $70,434 - $89,000

4 Beds
2 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $45,000

Est. 76% increase in value since last sale

Current estimated payment $577/month

16 Days on Market

About This Home

As of December 2018

Fully rented duplex featuring a fenced yard, 2 car garage (garage roof 2017), partial house roof in 2012. Current rents are $450 up and $525 down. Garage is rented for $125 a month. Instant income producer.

Last Agent to Sell the Property

Jenni Dace

Judy Powell Realty License #471010072 Listed on: 10/30/2018

Last Buyer's Agent

Jenni Dace

Judy Powell Realty License #471010072 Listed on: 10/30/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1935

Lot Details

  • 5,009

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Steel Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 37.5x135
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$896

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1935
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Steel Siding

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
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 37.5X135
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 895.9
  • Tax Year: 2017
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s,Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jun 30, 2016
Sold by
Greer Cynthia A
Bought by
Fullman Greg
Seller's Agent
Eric Bird
Bird Realty
Buyer's Agent
Eric Bird
Bird Realty
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%
Current Estimated Value
$79,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,109
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Aug 29, 2005
Sold by
Dawson Douglas Scott
Bought by
Eberhardt Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Fullman Greg $35,000 Svt
Eberhardt Alan $47,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eberhardt Alan $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2018 12/28/18 Sold $45,000 -4.1% --
11/15/2018 11/15/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $46,900 +34.0% --
06/30/2016 06/30/16 Sold $35,000 -29.9% -- View Prior Sale
06/01/2016 06/01/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $49,900 -- --
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 $1,946 $18,659 $3,482 $15,177
2023 $1,207 $17,516 $3,269 $14,247
2022 $1,150 $16,759 $3,128 $13,631
2021 $1,728 $15,805 $2,950 $12,855
2020 $1,680 $15,252 $2,847 $12,405
2019 $1,001 $14,975 $2,795 $12,180
2018 $888 $14,999 $2,799 $12,200
2017 $896 $11,666 $2,780 $8,886
2016 $1,781 $15,922 $2,690 $13,232
2015 $1,703 $16,359 $2,764 $13,595
2014 $1,700 $15,996 $2,703 $13,293
2013 $1,703 $16,359 $2,764 $13,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10125647

Midwest Real Estate Data (MRED)

APN: 1122309013