NOT LISTED FOR SALE

409 4th Ave Sterling, IL 61081

Estimated Value: $98,000 - $115,000

4 Beds
3 Baths
-- Sq Ft
6,752 Sq Ft Lot

Last Sold August 26, 2019

Last sale price $57,500

Est. 84% increase in value since last sale

Current estimated payment $769/month

108 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • Heating System Uses Steam

About This Home

As of August 2019

Great Investment property with this 3 unit. The main house has 2- 2 bedrooms 1 bath in each unit. The garage unit (410) was made into an efficiency and is currently rented at $350 a month with a fresh 2 year lease. The upstairs (409 1/2 is currently empty and was rented at $450 a month) The lower unit (409) is currently rented at $525 a month with a fresh 2 year lease. The owner pays for water, sewer and garbage pick up.

Last Agent to Sell the Property

Gary Corwell

Judy Powell Realty License #475125266 Listed on: 04/15/2019

Last Buyer's Agent

Tim McCaslin

RE/MAX Sauk Valley License #471002068

RE/MAX Sauk Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1990

Lot Details

  • 6,752

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50x135

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,863

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1990
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • List Price: 69900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Other

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 5

Lot Info

  • Lot Dimensions: 50X135
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 2863
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Aug 20, 2019
Sold by
Western Valley Llc
Bought by
245 Llc
Seller's Agent
Gary Corwell
Judy Powell Realty
Buyer's Agent
Tim McCaslin
RE/MAX Sauk Valley
List Price
$79,900
Sold Price
$57,500
Premium/Discount to List
-$22,400
-28.04%
Current Estimated Value
$105,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,223
Avg. Annual Appreciation
10.48%

Purchase Details

Closed on
Sep 16, 2014
Sold by
Reich George W
Bought by
Western Valley Llc

Purchase Details

Closed on
Jun 14, 2006
Sold by
Mccaslin Timothy E and Mccaslin Kenneth E
Bought by
Reich George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.68%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
245 Llc $57,500 --
Western Valley Llc -- None Available
Reich George W $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reich George W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2019 08/26/19 Sold $57,500 -17.7% --
08/01/2019 08/01/19 Pending -- -- --
07/12/2019 07/12/19 Price Changed $69,900 -9.1% --
06/10/2019 06/10/19 Price Changed $76,900 -3.8% --
04/15/2019 04/15/19 For Sale $79,900 -- --
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 $2,490 $23,882 $4,586 $19,296
2023 $2,350 $22,418 $4,305 $18,113
2022 $2,292 $21,449 $4,119 $17,330
2021 $2,212 $20,227 $3,884 $16,343
2020 $2,150 $19,519 $3,748 $15,771
2019 $2,889 $25,914 $3,680 $22,234
2018 $2,858 $25,956 $3,686 $22,270
2017 $2,864 $25,778 $3,661 $22,117
2016 $2,791 $24,947 $3,543 $21,404
2015 $2,669 $25,631 $3,640 $21,991
2014 $2,663 $25,062 $3,559 $21,503
2013 $2,669 $25,631 $3,640 $21,991
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10344995

Midwest Real Estate Data (MRED)

APN: 1121438004