NOT LISTED FOR SALE

503 6th Ave Sterling, IL 61081

Estimated Value: $91,488 - $103,000

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

Last Sold December 01, 2016

Last sale price $17,000

Est. 464% increase in value since last sale

Current estimated payment $708/month

798 Days on Market

About This Home

As of December 2016

Unit 1 has central air conditioning. Unit 2 has vinyl windows, main floor laundry, new water heater & new flooring.

Last Agent to Sell the Property

John Rosengren

Northwest Illinois Realty, LLC License #471001849 Listed on: 09/09/2014

Last Buyer's Agent

Gary Corwell

Judy Powell Realty License #475125266

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,752

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Duplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Partial Basement
  • Lot Dimensions are 50x135
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

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: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Central Air Conditioner
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Baseboard
  • Water Source: Public

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: 1865.38
  • Tax Year: 2015

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Nov 29, 2016
Sold by
Sterling Federal Bank F S B
Bought by
Hulsing Properties
Seller's Agent
John Rosengren
Northwest Illinois Realty, LLC
Buyer's Agent
Gary Corwell
Judy Powell Realty
List Price
$55,000
Sold Price
$17,000
Premium/Discount to List
-$38,000
-69.09%
Current Estimated Value
$95,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,872
Avg. Annual Appreciation
20.99%
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
Hulsing Properties -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2016 12/01/16 Sold $17,000 -14.6% --
11/15/2016 11/15/16 Pending -- -- --
11/07/2016 11/07/16 Price Changed $19,900 -50.1% --
10/06/2016 10/06/16 Price Changed $39,900 -14.9% --
08/25/2016 08/25/16 Price Changed $46,900 -6.0% --
06/30/2015 06/30/15 Price Changed $49,900 -9.3% --
09/09/2014 09/09/14 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 $2,456 $23,554 $4,586 $18,968
2023 $2,318 $22,110 $4,305 $17,805
2022 $2,260 $21,154 $4,119 $17,035
2021 $2,181 $19,949 $3,884 $16,065
2020 $2,120 $19,250 $3,748 $15,502
2019 $2,107 $18,900 $3,680 $15,220
2018 $2,084 $18,930 $3,686 $15,244
2017 $1,401 $12,616 $3,661 $8,955
2016 $1,864 $16,663 $3,543 $13,120
2015 $3,186 $30,602 $3,640 $26,962
2014 $3,179 $29,922 $3,559 $26,363
2013 $3,186 $30,602 $3,640 $26,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08723593

Midwest Real Estate Data (MRED)

APN: 1122304002