NOT LISTED FOR SALE

408 8th Ave Sterling, IL 61081

Estimated Value: $63,000 - $76,000

2 Beds
2 Baths
-- Sq Ft
6,752 Sq Ft Lot Lot

Sale Details

Date Sold: October 15, 2024

Last sale price $60,500

Est. 12% increase in value since last sale

Current estimated payment $516 / mo

107 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Forced Air Heating System

About This Home

As of October 2024

Duplex offering 1 bedroom units. Appliances in each unit stay including window units. New roof (2017), 2 furnaces (2016), water heaters (2018). Vinyl replacement windows. Parking available in front and back. Deck and fenced backyard. Owner currently pays water and sewer/garbage.

Last Agent to Sell the Property

Jenni Dace

Judy Powell Realty License #475087550 Listed on: 05/08/2024

Last Buyer's Agent

Joe Caravette

Berkshire Hathaway HomeServices American Heritage License #475176313

Berkshire Hathaway HomeServices American Heritage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,805

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50x135
  • Fenced Yard

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Off Alley Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,805

Year Built

Built in 1920

Lot Details

6,752 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • 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: 2
  • Total Bedrooms: 2
  • Basement Description: Unfinished,Crawl
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Window Air Conditioner

Exterior Features

  • ExteriorFeatures: Deck
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Off Alley, Off Street
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X135
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 1805.06
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Oct 15, 2024
Sold by
Cavazos John and Cavazos Sandra
Bought by
Dogandjiev George N
Seller's Agent
Jenni Dace
Judy Powell Realty
Buyer's Agent
Joe Caravette
Berkshire Hathaway HomeServices American Heritage
List Price
$64,900
Sold Price
$60,500
Premium/Discount to List
-$4,400
-6.78%
Views
56
Current Estimated Value
$67,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,270
Avg. Annual Appreciation
7.80%
Original Mortgage
$48,400
Outstanding Balance
$47,870
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$19,900

Purchase Details

Listed on
Apr 3, 2019
Closed on
Jun 21, 2019
Sold by
Cavazos Angel
Bought by
Cavazos John and Cavazos Sandra
Seller's Agent
Eric Bird
Bird Realty
Buyer's Agent
Eric Bird
Bird Realty
List Price
$49,900
Sold Price
$38,000
Premium/Discount to List
-$11,900
-23.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dogandjiev George N $60,500 None Listed On Document
Cavazos John $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dogandjiev George N $48,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2024 10/15/24 Sold $60,500 -6.8% --
08/25/2024 08/25/24 Pending -- -- --
07/14/2024 07/14/24 For Sale $64,900 +7.3% --
06/06/2024 06/06/24 Off Market $60,500 -- --
05/09/2024 05/09/24 For Sale $64,900 +70.8% --
06/21/2019 06/21/19 Sold $38,000 -23.8% -- View Prior Sale
05/24/2019 05/24/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $49,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $1,912 $18,341 $4,586 $13,755
2023 $1,805 $17,217 $4,305 $12,912
2022 $1,760 $16,473 $4,119 $12,354
2021 $1,698 $15,534 $3,884 $11,650
2020 $1,651 $14,990 $3,748 $11,242
2019 $1,641 $14,718 $3,680 $11,038
2018 $1,623 $14,742 $3,686 $11,056
2017 $1,626 $14,641 $3,661 $10,980
2016 $1,585 $14,169 $3,543 $10,626
2015 $1,516 $14,557 $3,640 $10,917
2014 $1,512 $14,234 $3,559 $10,675
2013 $1,516 $14,557 $3,640 $10,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12050714

Midwest Real Estate Data (MRED)

APN: 1122311003

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