NOT LISTED FOR SALE

511 Avenue L Sterling, IL 61081

Estimated Value: $56,000 - $73,303

2 Beds
1 Bath
782 Sq Ft
$87/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $45,000 $58 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $440/month

14 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Dining Room
  • Living Room

About This Home

As of February 2023

Opportunity awaits for the right buyer on this two bedroom home situated on a deep lot. This home is in need of some TLC to bring back its charm. The home underwent an extensive renovation inside and out in 2010. The home still has some original woodwork. The garage was built approximately 10 years ago and features a wood burning stove, ceiling fan, and pass through door to the backyard. In addition to the cozy front porch, there is nice sized paver patio out back. This home is being sold, As-Is and will not pass non-conventional financing requirements.

Last Agent to Sell the Property

Heather Dauen

RE/MAX Sauk Valley License #475202277 Listed on: 01/09/2023

RE/MAX Sauk Valley

Last Buyer's Agent

Chandra Howard

RE/MAX Sauk Valley License #471021384

RE/MAX Sauk Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,841

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 40x224

Parking

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

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 782 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,841

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 782
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Basement Sq Ft: 782
  • Total Sq Ft: 782
  • Unfinished Basement Sq Ft: 782
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block
  • List Price: 48000
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Laundry Features: Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 5

Lot Info

  • Lot Dimensions: 40X224
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 1840.68
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 21, 2023
Sold by
Jictb Inc
Bought by
Davis Elizabeth
Seller's Agent
Heather Dauen
RE/MAX Sauk Valley
Buyer's Agent
Chandra Howard
RE/MAX Sauk Valley
List Price
$48,000
Sold Price
$45,000
Premium/Discount to List
-$3,000
-6.25%
Views
84
Current Estimated Value
$68,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,326
Avg. Annual Appreciation
18.40%
Original Mortgage
$42,750
Outstanding Balance
$41,502
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$27,025

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 1, 2023
Sold by
State Of Illinois
Bought by
Jictb Inc
Seller's Agent
Heather Dauen
RE/MAX Sauk Valley
Buyer's Agent
Chandra Howard
RE/MAX Sauk Valley
List Price
$48,000
Sold Price
$45,000
Premium/Discount to List
-$3,000
-6.25%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Outstanding Balance
$41,502
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$27,025

Purchase Details

Closed on
Feb 4, 2011
Sold by
Provo Jonathan C and Provo Heather E
Bought by
Chavez Roy G

Purchase Details

Closed on
Mar 2, 2010
Sold by
Deutsche Bank
Bought by
Provo Jonathan C and Provo Heather E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
5.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Davis Elizabeth $38,666 Wheatland Title
Jictb Inc -- --
Chavez Roy G $51,000 None Available
Provo Jonathan C $20,000 Sauk Valley Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Elizabeth $42,750
Previous Owner Provo Jonathan C $36,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $45,000 -6.3% $58 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $48,000 -- $61 / Sq Ft
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 $2,073 $19,878 $2,200 $17,678
2023 $1,956 $18,659 $2,065 $16,594
2022 $1,907 $17,852 $1,976 $15,876
2021 $1,841 $16,835 $1,863 $14,972
2020 $1,790 $16,246 $1,798 $14,448
2019 $1,778 $15,951 $1,765 $14,186
2018 $1,099 $15,977 $1,768 $14,209
2017 $164 $15,868 $1,756 $14,112
2016 $164 $15,356 $1,699 $13,657
2015 $164 $15,778 $1,746 $14,032
2014 $164 $15,427 $1,707 $13,720
2013 $164 $15,778 $1,746 $14,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11697902

Midwest Real Estate Data (MRED)

APN: 1120405011