NOT LISTED FOR SALE

604 4th Ave Sterling, IL 61081

Estimated Value: $140,267 - $174,000

7 Beds
4 Baths
-- Sq Ft
0.27 Acres Lot

Sale Details

Date Sold: April 18, 2022

Last sale price $117,000

Est. 33% increase in value since last sale

Current estimated payment $978 / mo

106 Days on Market

About This Home

As of April 2022

4 UNIT BUILDING PLUS GARAGE ON A LARGE LOT. BRAND NEW ROOF. MAINT FREE EXTERIOR. GARAGE IS ALSO RENTED. UNITS INCLUDE: STUDIO (REMODELED AND READY TO RENT), 1BR GUTTED WITH A LOT OF POTENTIAL, 2BR (RENTED), 3BR (RENTED). POTENTIAL OF BRINGING IN $2300 BASED ON CURRENT RENT AMOUNTS WHEN ALL UNITS ARE RENTED. OWNER PAYS WATER, SEWER, GARBAGE FOR ALL UNITS, AND GAS FOR WATER HEATER FOR TWO UPSTAIRS UNITS.

Last Agent to Sell the Property

Corrine DuMelle

Weichert Realtors - Tovar Prop License #475162714 Listed on: 12/09/2021

Weichert Realtors - Tovar Prop

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,393

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 100x155x35x50

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,393

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Number of Cars: 4
  • 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, Electric

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 100X155X35X50
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 24
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 3393.12
  • Tax Year: 2020

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Apr 16, 2022
Sold by
Dumelle Christopher
Bought by
Howard Phillip Lefevre Trust
Seller's Agent
Corrine DuMelle
Weichert Realtors - Tovar Prop
Buyer's Agent
Non Member
NON MEMBER
List Price
$129,900
Sold Price
$117,000
Premium/Discount to List
-$12,900
-9.93%
Current Estimated Value
$156,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,067
Avg. Annual Appreciation
7.41%
Original Mortgage
$110,387
Outstanding Balance
$37,825
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$118,242

Purchase Details

Listed on
Dec 9, 2021
Closed on
Apr 11, 2022
Sold by
Bahramis George
Bought by
Dumelle Christopher
Seller's Agent
Corrine DuMelle
Weichert Realtors - Tovar Prop
Buyer's Agent
Non Member
NON MEMBER
List Price
$129,900
Sold Price
$117,000
Premium/Discount to List
-$12,900
-9.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,387
Outstanding Balance
$37,825
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$118,242

Purchase Details

Closed on
Jul 25, 2008
Sold by
Equity Holdings Llc
Bought by
Bahramis George K and Bahramis Gregory K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.36%
Mortgage Type
Unknown
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
Howard Phillip Lefevre Trust $117,000 --
Dumelle Christopher $75,000 --
Bahramis George K $93,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Phillip Lefevre Trust $110,387
Previous Owner Bahramis George K $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2022 04/21/22 For Sale $129,900 +11.0% --
04/18/2022 04/18/22 Sold $117,000 -23.5% --
03/26/2022 03/26/22 Pending -- -- --
12/09/2021 12/09/21 For Sale $152,900 -- --
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 $4,801 $46,042 $5,871 $40,171
2023 $4,531 $43,220 $5,511 $37,709
2022 $4,418 $41,351 $5,273 $36,078
2021 $3,490 $31,922 $4,973 $26,949
2020 $3,393 $30,804 $4,799 $26,005
2019 $3,372 $30,245 $4,712 $25,533
2018 $3,336 $30,294 $4,720 $25,574
2017 $3,342 $30,087 $4,688 $25,399
2016 $3,257 $29,117 $4,537 $24,580
2015 $3,115 $29,916 $4,661 $25,255
2014 $31 $29,252 $4,558 $24,694
2013 $3,115 $29,916 $4,661 $25,255
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11284024

Midwest Real Estate Data (MRED)

APN: 1121432004

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