NOT LISTED FOR SALE

511 6th Ave Sterling, IL 61081

Estimated Value: $77,000 - $90,000

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

Last Sold April 12, 2018

Last sale price $38,600

Est. 117% increase in value since last sale

Current estimated payment $598/month

7 Days on Market

Highlights

  • Corner Lot
  • 3 Car Detached Garage
  • Forced Air Heating System

About This Home

As of April 2018

4 units. 2 up and 2 down. All efficiency units. Landlord pays water.

Last Agent to Sell the Property

Tim McCaslin

RE/MAX Sauk Valley License #471002068 Listed on: 03/06/2018

RE/MAX Sauk Valley

Last Buyer's Agent

Gary Corwell

Judy Powell Realty License #475125266

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x135
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Challand Middle School
  • Sterling High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,283

Year Built

Built in 1900

Lot Details

0

Parking

3

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
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway
  • ParkingTotal: 6
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved

Schools

  • High School: STERLING HIGH SCHOOL
  • Middle/Junior School: CHALLAND MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X135
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 1283
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Apr 11, 2018
Sold by
Lowell E Grummert Ret
Bought by
Empire Property Invest
Seller's Agent
Tim McCaslin
RE/MAX Sauk Valley
Buyer's Agent
Gary Corwell
Judy Powell Realty
List Price
$38,500
Sold Price
$38,600
Premium/Discount to List
$100
0.26%
Current Estimated Value
$83,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,056
Avg. Annual Appreciation
10.51%

Purchase Details

Closed on
Aug 24, 2012
Bought by
Grummert Lowell E Trustee
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
Empire Property Invest $38,600 --
Grummert Lowell E Trustee $36,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2018 04/12/18 Sold $38,600 +0.3% --
03/13/2018 03/13/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $38,500 -- --
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 $1,931 $18,519 $4,586 $13,933
2023 $1,823 $17,384 $4,305 $13,079
2022 $1,425 $13,340 $4,119 $9,221
2021 $1,375 $12,580 $3,884 $8,696
2020 $1,337 $12,139 $3,748 $8,391
2019 $1,329 $11,919 $3,680 $8,239
2018 $1,315 $11,938 $3,686 $8,252
2017 $1,317 $11,856 $3,661 $8,195
2016 $1,283 $11,474 $3,543 $7,931
2015 $123 $11,789 $3,640 $8,149
2014 $1,225 $11,527 $3,559 $7,968
2013 $123 $11,789 $3,640 $8,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09877400

Midwest Real Estate Data (MRED)

APN: 1121437008