NOT LISTED FOR SALE

705 E 5th St Sterling, IL 61081

Estimated Value: $70,000 - $123,000

6 Beds
2 Baths
-- Sq Ft
3,703 Sq Ft Lot

Last Sold July 30, 2020

Last sale price $20,000

Est. 379% increase in value since last sale

Current estimated payment $700/month

6 Days on Market

About This Home

As of July 2020

Side by Side Duplex with 3 bedrooms in each unit. All separate utilities. 2-Central air units. Roof (8 years old). Vinyl siding (15 years old). Basement. Alley Access with parking in back. 705 & 705-1/2 E 5th Street is the official address.

Last Agent to Sell the Property

Judy Powell

Judy Powell Realty License #471010072 Listed on: 07/02/2020

Last Buyer's Agent

Brian Corwell

RE/MAX Sauk Valley License #475125153

RE/MAX Sauk Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 53x75x100
  • Corner Lot

Home Design

  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 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: 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

  • List Price: 49900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 5

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 53X75X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2160.02
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s,Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Jul 29, 2020
Sold by
Lew-Stolzoff Angela
Bought by
Fth Holdings Llc
Seller's Agent
Judy Powell
Judy Powell Realty
Buyer's Agent
Brian Corwell
RE/MAX Sauk Valley
List Price
$49,900
Sold Price
$20,000
Premium/Discount to List
-$29,900
-59.92%
Current Estimated Value
$95,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,790
Avg. Annual Appreciation
30.40%
Original Mortgage
$120,000
Outstanding Balance
$107,164
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$31,164
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
Fth Holdings Llc $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fth Holdings Llc $120,000
Previous Owner Stolzoff David A $275,000
Previous Owner Stolzoff David A $20,000
Previous Owner Stolzoff David A $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $20,000 -59.9% --
07/08/2020 07/08/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $49,900 -- --
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 $2,105 $20,184 $3,482 $16,702
2023 $1,986 $18,947 $3,269 $15,678
2022 $1,937 $18,128 $3,128 $15,000
2021 $891 $8,153 $2,950 $5,203
2020 $2,174 $19,734 $2,847 $16,887
2019 $2,160 $19,375 $2,795 $16,580
2018 $2,137 $19,406 $2,799 $16,607
2017 $2,141 $19,273 $2,780 $16,493
2016 $2,086 $18,651 $2,690 $15,961
2015 $1,995 $19,163 $2,764 $16,399
2014 $199 $18,738 $2,703 $16,035
2013 $1,995 $19,163 $2,764 $16,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10767748

Midwest Real Estate Data (MRED)

APN: 1122310002