NOT LISTED FOR SALE

609 1/2 W 4th St Sterling, IL 61081

Estimated Value: $43,000 - $74,000

6 Beds
2 Baths
-- Sq Ft
5,881 Sq Ft Lot

Last Sold August 16, 2022

Last sale price $40,000

Est. 34% increase in value since last sale

Current estimated payment $414/month

39 Days on Market

About This Home

As of August 2022

Large duplex with a great location. This duplex features 3 bedrooms and 1 bath on each side. Front and back door entrances and a full basement for each side. Located within walking distances of businesses and parks. Great project for the right investor.

Last Agent to Sell the Property

Edwardo Castillo

RE/MAX Sauk Valley License #475194568 Listed on: 06/16/2022

RE/MAX Sauk Valley

Last Buyer's Agent

Jonathan Gieson

RE/MAX of Rock Valley License #475189224

RE/MAX of Rock Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 5,881

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch
  • Lot Dimensions are 98x60
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

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
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1900

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Other
  • List Price: 59900
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 5

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 98X60
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 3058.82
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 16, 2022
Sold by
Williams Scott B
Bought by
Rentco Llc
Seller's Agent
Edwardo Castillo
RE/MAX Sauk Valley
Buyer's Agent
Jonathan Gieson
RE/MAX of Rock Valley
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%
Total Days on Market
39
Current Estimated Value
$53,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,667
Avg. Annual Appreciation
11.11%
Original Mortgage
$400,500
Outstanding Balance
$376,622
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
-$322,955
Source: Public Records

Range of Values:

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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
Rentco Llc $40,000 Cook Frank
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rentco Llc $400,500
Previous Owner Williams Scott B $62,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $40,000 -33.2% --
07/26/2022 07/26/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $59,900 -- --
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 $1,548 $14,844 $5,503 $9,341
2023 $1,461 $13,934 $5,166 $8,768
2022 $3,261 $30,516 $4,943 $25,573
2021 $3,146 $28,777 $4,661 $24,116
2020 $3,059 $27,769 $4,498 $23,271
2019 $3,040 $27,264 $4,416 $22,848
2018 $3,007 $27,308 $4,423 $22,885
2017 $3,013 $27,121 $4,393 $22,728
2016 $2,936 $26,247 $4,251 $21,996
2015 $2,183 $26,968 $4,368 $22,600
2014 $2,802 $26,369 $4,271 $22,098
2013 $2,183 $26,968 $4,368 $22,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11437658

Midwest Real Estate Data (MRED)

APN: 1121356003