NOT LISTED FOR SALE

405 7th Ave Sterling, IL 61081

Estimated Value: $70,000 - $81,708

2 Beds
1 Bath
895 Sq Ft
$83/Sq Ft Est. Value

Last Sold February 06, 2017

Last sale price $37,000 $41 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $541/month

326 Days on Market

About This Home

As of February 2017

Nice brick 2 bedroom home features hard wood floors, newer furnace and central air. Walk up attic that could be finished into a third bedroom. Enclosed front porch.

Last Agent to Sell the Property

Gary Corwell

Judy Powell Realty License #475125266 Listed on: 02/05/2016

Last Buyer's Agent

Gary Corwell

Judy Powell Realty License #475125266 Listed on: 02/05/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,595

Year Built

  • 1939

Lot Details

  • 5,140

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed patio or porch

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,700 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,595

Year Built

1939

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1939
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 25X12, On Level: Main Level, Flooring: Carpet
  • Attic: Unfinished
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level
  • Additional Rooms: Enclosed Porch
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 20X8, On Level: Main Level
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level
  • Estimated Sq Ft: 895

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 5
  • Middle School: CHALLAND MIDDLE SCHOOL
  • Junior High Dist: 5

Lot Info

  • Lot Dimensions: 38X135
  • Parcel Identification Number: 11223090120000

Tax Info

  • Taxes: 1170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Feb 3, 2017
Sold by
Holloway Justin Leroy
Bought by
Thompson Barbara J
Seller's Agent
Gary Corwell
Judy Powell Realty
Buyer's Agent
Gary Corwell
Judy Powell Realty
List Price
$40,000
Sold Price
$37,000
Premium/Discount to List
-$3,000
-7.5%
Current Estimated Value
$73,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,927
Avg. Annual Appreciation
8.08%
Original Mortgage
$37,370
Outstanding Balance
$31,882
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$39,751

Purchase Details

Closed on
Mar 31, 2009
Sold by
Countrywide Home Loans Inc
Bought by
Holloway Justin Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,862
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2008
Sold by
Semper Bradley D
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
May 30, 2006
Sold by
Wiersema Lyndsy
Bought by
Semper Bradley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,100
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Neidermann Dane and Sisson Edna M
Bought by
Wiersema Lyndsy
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
Thompson Barbara J $37,000 Attorney
Holloway Justin Leroy $37,500 None Available
Countrywide Home Loans Inc -- None Available
Semper Bradley D $55,000 None Available
Wiersema Lyndsy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock Island Economic Growth Corp $19,287
Open Thompson Barbara J $37,370
Previous Owner Holloway Justin L $40,400
Previous Owner Holloway Justin Leroy $38,862
Previous Owner Semper Bradley D $56,100
Previous Owner Wiersema Lyndsy $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2017 02/06/17 Sold $37,000 -7.5% $41 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $40,000 0.0% $45 / Sq Ft
10/12/2016 10/12/16 Price Changed $40,000 +8.1% $45 / Sq Ft
08/05/2016 08/05/16 Off Market $37,000 -- --
05/31/2016 05/31/16 Price Changed $43,000 -4.4% $48 / Sq Ft
04/13/2016 04/13/16 Price Changed $45,000 -5.3% $50 / Sq Ft
02/05/2016 02/05/16 For Sale $47,500 -- $53 / Sq Ft
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 $1,595 $21,302 $3,482 $17,820
2023 $1,467 $19,997 $3,269 $16,728
2022 $1,403 $19,133 $3,128 $16,005
2021 $1,317 $18,043 $2,950 $15,093
2020 $1,257 $17,411 $2,847 $14,564
2019 $1,237 $17,094 $2,795 $14,299
2018 $1,225 $17,121 $2,799 $14,322
2017 $1,889 $17,004 $2,780 $14,224
2016 $1,841 $16,456 $2,690 $13,766
2015 $1,136 $16,908 $2,764 $14,144
2014 $1,119 $16,533 $2,703 $13,830
2013 $1,136 $16,908 $2,764 $14,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09132371

Midwest Real Estate Data (MRED)

APN: 1122309012