NOT LISTED FOR SALE

612 Locust St Sterling, IL 61081

Estimated Value: $100,840 - $131,000

4 Beds
4 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $86,000

Est. 37% increase in value since last sale

Current estimated payment $900/month

17 Days on Market

Highlights

  • 2 Car Detached Garage
  • Laundry Room
  • Baseboard Heating
  • Living Room
  • Dining Room
  • Family Room

About This Home

As of September 2022

Newer roof and windows (2016). Basement has laundry hook-ups for 2 main level units. Landlord pays for water, sewer and garbage (2 water meters). Tenants pay for electric (downstairs). All apartments have 2 accessible doors (front and back). It's an all-electric building. Landlord pays for all the utilities on the 2 upper units. 2 car garage is being used by Landlord.

Last Agent to Sell the Property

Judy Powell

Judy Powell Realty License #471010072 Listed on: 08/11/2022

Last Buyer's Agent

Judy Powell

Judy Powell Realty License #471010072 Listed on: 08/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,777

Year Built

  • Built in 1900

Lot Details

  • 4,008

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Steel Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 50x135
  • Baseboard Heating

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,777

Year Built

Built in 1900

Lot Details

0

Parking

2

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • List Price: 99900
  • Waterfront: No
  • Exterior Building Type: Steel Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Baseboard
  • Water Source: Public

Schools

  • Middle/Junior School District: 5

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X135
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 3776.68
  • Tax Year: 2021
  • 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
Aug 11, 2022
Closed on
Sep 30, 2022
Sold by
Roberts Sheri
Bought by
815 Properties Llc
Seller's Agent
Judy Powell
Judy Powell Realty
Buyer's Agent
Judy Powell
Judy Powell Realty
List Price
$99,900
Sold Price
$86,000
Premium/Discount to List
-$13,900
-13.91%
Views
18
Current Estimated Value
$117,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,460
Avg. Annual Appreciation
10.95%
Original Mortgage
$64,500
Outstanding Balance
$29,334
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$88,126
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
815 Properties Llc $57,333 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 815 Properties Llc $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $86,000 -13.9% --
08/29/2022 08/29/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $99,900 -- --
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 $3,328 $31,915 $5,503 $26,412
2023 $3,141 $29,959 $5,166 $24,793
2022 $3,914 $36,629 $4,943 $31,686
2021 $3,777 $34,542 $4,661 $29,881
2020 $3,672 $33,332 $4,498 $28,834
2019 $3,648 $32,726 $4,416 $28,310
2018 $3,609 $32,778 $4,423 $28,355
2017 $3,616 $32,554 $4,393 $28,161
2016 $3,524 $31,504 $4,251 $27,253
2015 $3,370 $32,369 $4,368 $28,001
2014 $3,363 $31,650 $4,271 $27,379
2013 $3,370 $32,369 $4,368 $28,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11489312

Midwest Real Estate Data (MRED)

APN: 1121410001