NOT LISTED FOR SALE

403 E 2nd St Sterling, IL 61081

Estimated Value: $98,000 - $132,000

6 Beds
4 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold September 24, 2021

Last sale price $95,000

Est. 25% increase in value since last sale

Current estimated payment $739/month

136 Days on Market

Highlights

  • American Four Square Architecture
  • Forced Air Heating System
  • 3-minute walk to RB&W District Park
  • Porch

About This Home

As of September 2021

Nicely remodeled duplex featuring two (2) 3 bedroom, two bath units with new kitchens, updated baths, new paint and flooring. Building will have separate utilities prior to closing. Both sides are move-in ready. Great location, close to downtown. Highest and best offer is due by noon on 5/4.

Last Agent to Sell the Property

Eric Bird

Bird Realty License #471002935 Listed on: 03/19/2021

Last Buyer's Agent

Michael O'Donnell

WEB VIDEO Realty License #471009539

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,273

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x90

Home Design

  • American Four Square Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,273

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_AP1: Stove,Refrigerator
  • MRD_AP2: Stove,Refrigerator
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Stone
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 50X90
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 3273.4
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

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

MLS Schools

  • Othr Public Sch: Sauk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Sep 24, 2021
Sold by
Cmnty State Bank Of Rock
Bought by
Campos Jose and Campos Darcie R
Seller's Agent
Eric Bird
Bird Realty
Buyer's Agent
Michael O'Donnell
WEB VIDEO Realty
Sold Price
$95,000
Current Estimated Value
$118,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,511
Avg. Annual Appreciation
5.34%
Original Mortgage
$71,250
Outstanding Balance
$64,973
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$53,538

Purchase Details

Closed on
Jun 14, 2018
Sold by
Northwest Homes Inc
Bought by
Community State Bank

Purchase Details

Closed on
May 31, 2018
Sold by
Northwest Homes Inc
Bought by
Community State Bank

Purchase Details

Listed on
Jul 16, 2012
Closed on
Nov 20, 2012
Sold by
Fransen Dylan G and Fransen Heather L
Bought by
Northwest Homes Inc
Seller's Agent
Lee Bardier
Bardier & Ramirez Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$68,900
Sold Price
$59,000
Premium/Discount to List
-$9,900
-14.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$72,000
Interest Rate
3.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 20, 2005
Sold by
Gonzalez John S and Gonzalez Judith
Bought by
Fransen Dylan G and Fransen Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.01%
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
Campos Jose $95,000 None Available
Community State Bank -- --
Community State Bank -- --
Northwest Homes Inc $59,000 None Available
Fransen Dylan G $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campos Jose $71,250
Previous Owner Northwest Homes Inc $72,000
Previous Owner Fransen Dylan G $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2021 09/24/21 Sold $95,000 -13.6% --
08/02/2021 08/02/21 Pending -- -- --
07/26/2021 07/26/21 For Sale -- -- --
05/06/2021 05/06/21 For Sale -- -- --
05/05/2021 05/05/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $110,000 +86.4% --
12/07/2012 12/07/12 Sold $59,000 -14.4% -- View Prior Sale
10/09/2012 10/09/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $68,900 -- --
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 $3,607 $34,598 $2,634 $31,964
2023 $3,578 $34,131 $4,126 $30,005
2022 $3,489 $32,655 $3,948 $28,707
2021 $3,367 $30,795 $3,723 $27,072
2020 $3,273 $29,717 $3,593 $26,124
2019 $3,253 $29,177 $3,528 $25,649
2018 $3,218 $29,224 $3,534 $25,690
2017 $3,224 $29,024 $3,510 $25,514
2016 $3,142 $28,089 $3,397 $24,692
2015 $134 $18,860 $3,491 $15,369
2014 $2,998 $28,219 $3,413 $24,806
2013 $134 $18,860 $3,491 $15,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11026858

Midwest Real Estate Data (MRED)

APN: 1121489002