NOT LISTED FOR SALE

412 4th Ave Sterling, IL 61081

Estimated Value: $58,553 - $76,000

2 Beds
3 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold July 27, 2022

Last sale price $50,000

Est. 33% increase in value since last sale

Current estimated payment $430/month

3 Days on Market

About This Home

As of July 2022

Triplex-centrally located. Two-1 bedroom apts. and 1 efficiency. Landlord pays water, sewer, garbage and separate gas for hot water heater. Heat and electric separated by units. Month-to-Month Leases. All units are occupied. Rents are $350, $525 and $525 with deposits alike.

Last Agent to Sell the Property

Jenni Dace

Judy Powell Realty License #471010072 Listed on: 06/15/2022

Last Buyer's Agent

Sherilyn Corwell

Judy Powell Realty License #475201002

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1923

Lot Details

  • Lot Dimensions are 78x67
  • Corner Lot

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,348

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 78X67
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 1348.12
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 27, 2022
Sold by
Deseno Anthony E and Deseno Natalie
Bought by
Corwell Properties Llc
Seller's Agent
Jenni Dace
Judy Powell Realty
Buyer's Agent
Sherilyn Corwell
Judy Powell Realty
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Current Estimated Value
$66,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,388
Avg. Annual Appreciation
8.67%
Original Mortgage
$80,000
Outstanding Balance
$33,046
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$33,342

Purchase Details

Closed on
Sep 1, 2010
Sold by
Tates Richard D and Taets Bernadette A
Bought by
Deseno Anthony E and Deseno Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
4.6%
Mortgage Type
Unknown
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
Corwell Properties Llc $22,222 None Listed On Document
Deseno Anthony E $37,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corwell Properties Llc $80,000
Previous Owner Deseno Anthony E $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2022 07/27/22 Sold $50,000 -9.1% --
06/19/2022 06/19/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $55,000 -- --
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 $978 $9,383 $4,586 $4,797
2023 $923 $8,808 $4,305 $4,503
2022 $1,397 $13,075 $4,119 $8,956
2021 $1,348 $12,330 $3,884 $8,446
2020 $1,311 $11,898 $3,748 $8,150
2019 $1,302 $11,682 $3,680 $8,002
2018 $1,288 $11,701 $3,686 $8,015
2017 $1,291 $11,621 $3,661 $7,960
2016 $1,258 $11,246 $3,543 $7,703
2015 $1,203 $11,554 $3,640 $7,914
2014 $120 $11,297 $3,559 $7,738
2013 $1,203 $11,554 $3,640 $7,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11435649

Midwest Real Estate Data (MRED)

APN: 1121439001