M
Seller's Agent in 2021
Merdita Heald
RE/MAX
(815) 718-2272
26 in this area
68 Total Sales
606 2nd Ave Sterling, IL 61081
Estimated Value: $111,000 - $155,000
5
Beds
5
Baths
--
Sq Ft
6,534
Sq Ft Lot
About This Home
As of October 2021Investment alert! This 4 unit is exceptionally surprising! Newer replacement windows on house. Newer roof and gutters on garage. Unit 1: 1 bedroom, 1 bath, new flooring, appliances stay. Rents for $450/month. Unit 2: 1 bedroom, 1 bath, appliances stay, rents for $425/month. Unit 3: 2 bedroom, 1.5 bath, whole second floor, front and back access, appliances stay, hardwood under carpet, garage stall, washer, dryer, garbage disposal, rents for $595/month. Unit 4: Large 1 bedroom, 1 bath, all appliances stay, rents for $460/month. Each unit has window air, very well maintained property with basement & storage room.
Last Agent to Sell the Property
RE/MAX Sauk Valley License #475139533 Listed on: 06/02/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,511
Year Built
- Built in 1900
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50x135
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Combination Foundation
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Partial Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 5 Bathrooms
Community Details
- 4 Units
- Gross Income $22,160
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2021
Closed on
Oct 4, 2021
Sold by
Mowrey John R
Bought by
245 Llc
Seller's Agent
Merdita Heald
RE/MAX Sauk Valley
Buyer's Agent
Tim McCaslin
RE/MAX Sauk Valley
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,502
Avg. Annual Appreciation
5.33%
Original Mortgage
$93,750
Outstanding Balance
$85,491
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$51,439
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 245 Llc | $110,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 245 Llc | $93,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2021 10/08/21 | Sold | $110,000 | -8.3% | -- |
| 08/07/2021 08/07/21 | Pending | -- | -- | -- |
| 06/02/2021 06/02/21 | For Sale | $119,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,514 | $43,289 | $4,218 | $39,071 |
| 2023 | $4,260 | $40,635 | $3,959 | $36,676 |
| 2022 | $4,154 | $38,878 | $3,788 | $35,090 |
| 2021 | $3,634 | $33,237 | $3,572 | $29,665 |
| 2020 | $3,533 | $32,073 | $3,447 | $28,626 |
| 2019 | $3,511 | $31,490 | $3,384 | $28,106 |
| 2018 | $3,473 | $31,540 | $3,389 | $28,151 |
| 2017 | $3,480 | $31,324 | $3,366 | $27,958 |
| 2016 | $3,391 | $30,315 | $3,258 | $27,057 |
| 2015 | $3,243 | $31,147 | $3,347 | $27,800 |
| 2014 | $3,236 | $30,456 | $3,273 | $27,183 |
| 2013 | $3,243 | $31,147 | $3,347 | $27,800 |
Source: Public Records
Agents Affiliated with this Home
-
Merdita Heald
-
Tim McCaslin
Buyer's Agent in 2021
Tim McCaslin
RE/MAX
(815) 716-7653
213 in this area
392 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11107939
APN: 1121412004
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