NOT LISTED FOR SALE

505 7th Ave Sterling, IL 61081

Estimated Value: $91,000 - $154,843

4 Beds
2 Baths
1,996 Sq Ft
$63/Sq Ft Est. Value

Sale Details

Date Sold: May 14, 2018

Last sale price $72,500 $36 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $933 / mo

267 Days on Market

Highlights

  • Den
  • Porch
  • Forced Air Heating and Cooling System
  • Detached Garage

About This Home

As of May 2018

Several updated replacement windows. Main floor laundry. Open staircase. Pocket doors. Ceiling fans. New water and sewer line to house '12. Hot water heater '16. Covered porch. Fenced back yard, alley access. Wood exterior. Appliances negotiable.

Last Agent to Sell the Property

Tim McCaslin

RE/MAX Sauk Valley License #471002068 Listed on: 06/20/2017

RE/MAX Sauk Valley

Last Buyer's Agent

Tim McCaslin

RE/MAX Sauk Valley License #471002068 Listed on: 06/20/2017

RE/MAX Sauk Valley

Home Details

Home Type

  • Single Family

Year Built

  • 1905

Lot Details

  • 6,752

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • Den
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1905

Lot Details

6,752 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1905
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 13X15, On Level: Main Level, Flooring: Wood Laminate
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 4X6, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 11X12, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 12X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 12X13, On Level: Main Level, Flooring: Vinyl
  • Bedroom 2: Dimensions: 12X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X11, On Level: 2nd Level, Flooring: Vinyl
  • Bedroom 4: Dimensions: 10X11, On Level: 2nd Level, Flooring: Vinyl
  • Estimated Sq Ft: 1996

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • 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: 50X135
  • Parcel Identification Number: 11223050070000

Tax Info

  • Taxes: 2536

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
May 11, 2018
Sold by
Dewitt Teresa
Bought by
Martinez Jessica N
Seller's Agent
Tim McCaslin
RE/MAX Sauk Valley
Buyer's Agent
Tim McCaslin
RE/MAX Sauk Valley
List Price
$72,500
Sold Price
$72,500
Current Estimated Value
$125,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,711
Avg. Annual Appreciation
7.13%
Original Mortgage
$71,174
Outstanding Balance
$62,637
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$62,574
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
Martinez Jessica N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Jessica N $71,174
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2018 05/14/18 Sold $72,500 0.0% $36 / Sq Ft
04/07/2018 04/07/18 Off Market $72,500 -- --
03/19/2018 03/19/18 For Sale $72,500 0.0% $36 / Sq Ft
03/16/2018 03/16/18 Off Market $72,500 -- --
03/14/2018 03/14/18 Pending -- -- --
03/13/2018 03/13/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $72,500 0.0% $36 / Sq Ft
12/31/2017 12/31/17 Off Market $72,500 -- --
11/20/2017 11/20/17 Price Changed $72,500 -4.5% $36 / Sq Ft
06/20/2017 06/20/17 For Sale $75,900 -- $38 / 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 $3,224 $36,925 $3,482 $33,443
2023 $3,005 $34,662 $3,269 $31,393
2022 $2,902 $33,163 $3,128 $30,035
2021 $2,763 $31,274 $2,950 $28,324
2020 $2,663 $30,179 $2,847 $27,332
2019 $2,635 $29,631 $2,795 $26,836
2018 $2,607 $29,678 $2,799 $26,879
2017 $2,624 $29,622 $2,927 $26,695
2016 $2,536 $28,668 $2,833 $25,835
2015 $2,442 $29,455 $2,911 $26,544
2014 $2,423 $28,801 $2,846 $25,955
2013 $2,442 $29,455 $2,911 $26,544
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09664956

Midwest Real Estate Data (MRED)

APN: 1122305007

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