NOT LISTED FOR SALE

502 7th Ave Sterling, IL 61081

Estimated Value: $107,000 - $113,610

5 Beds
2 Baths
1,794 Sq Ft
$62/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $72,500 $40 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $828/month

80 Days on Market

Highlights

  • Main Floor Bedroom
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Detached Garage

About This Home

As of December 2019

Move in Ready! 5 bedroom, 1 1/2 bath home has recently had new paint and flooring throughout. Large kitchen, plus separate dining room. Main floor bedroom could be used as an office or den. Main floor laundry. Upstairs has vinyl windows. 29 x 19 2 car detached garage with a workshop area. Home sits on a corner lot.

Last Agent to Sell the Property

David DeVries

Xtreme Realty License #471006544 Listed on: 08/23/2019

Co-Listed By

Tracy DeVries

Xtreme Realty License #475161740

Last Buyer's Agent

Frank Murphy

RE/MAX Sauk Valley License #475138591

RE/MAX Sauk Valley

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1885 | 2019

Lot Details

  • Fenced Yard
  • Corner Lot

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Asphalt Shingled Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Main Floor Bedroom
  • Laundry on main level
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Year Built | Renovated

1885 | 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1794
  • Type Detached: 2 Stories
  • Estimated Year Built: 1885
  • Total Sq Ft: 1794
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1885
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Vinyl
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 14X5, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 15X13, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 16X11, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 16X11, On Level: 2nd Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 9X8, On Level: Main Level, Flooring: Vinyl
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Vinyl
  • Bedroom 3: Dimensions: 15X9, On Level: 2nd Level, Flooring: Vinyl
  • Bedroom 4: Dimensions: 11X9, On Level: 2nd Level, Flooring: Vinyl
  • Estimated Sq Ft: 1794
  • Estimated Total Finished Sq Ft: 1794
  • Main Level Sq Ft: 897
  • Upper Level Sq Ft: 897
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.16

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 5

Lot Info

  • Lot Dimensions: 50X136.5
  • Lot Description: Corner, Fenced Yard
  • Parcel Identification Number: 11223060050000

Tax Info

  • Taxes: 2435.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Dec 20, 2019
Sold by
Owen Dawn M
Bought by
Williams Anthony and Mager Tori L
Seller's Agent
David DeVries
Xtreme Realty
Buyer's Agent
Frank Murphy
RE/MAX Sauk Valley
List Price
$86,500
Sold Price
$72,500
Premium/Discount to List
-$14,000
-16.18%
Current Estimated Value
$118,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,261
Avg. Annual Appreciation
7.26%
Original Mortgage
$71,186
Outstanding Balance
$62,481
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$48,672
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Williams Anthony $72,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Anthony $71,186
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $72,500 -3.2% $40 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
09/30/2019 09/30/19 Price Changed $74,900 -6.3% $42 / Sq Ft
09/16/2019 09/16/19 Price Changed $79,900 -7.6% $45 / Sq Ft
08/23/2019 08/23/19 For Sale $86,500 -- $48 / Sq Ft
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 $2,514 $30,111 $3,482 $26,629
2023 $2,334 $28,266 $3,269 $24,997
2022 $2,249 $27,044 $3,128 $23,916
2021 $2,133 $25,504 $2,950 $22,554
2020 $2,050 $24,611 $2,847 $21,764
2019 $2,462 $22,081 $2,795 $19,286
2018 $2,435 $22,116 $2,799 $19,317
2017 $2,440 $21,965 $2,780 $19,185
2016 $2,378 $21,257 $2,690 $18,567
2015 $2,274 $21,840 $2,764 $19,076
2014 $2,269 $21,356 $2,703 $18,653
2013 $2,274 $21,840 $2,764 $19,076
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10495224

Midwest Real Estate Data (MRED)

APN: 1122306005