NOT LISTED FOR SALE

706 Locust St Sterling, IL 61081

Estimated Value: $82,219 - $111,000

2 Beds
4 Baths
-- Sq Ft
8,886 Sq Ft Lot

Last Sold November 08, 2016

Last sale price $25,000

Est. 295% increase in value since last sale

Current estimated payment $698/month

425 Days on Market

Highlights

  • American Four Square Architecture
  • Paved or Partially Paved Lot
  • Heating Available
  • 1 Car Detached Garage

About This Home

As of November 2016

This building offers 4 units including 2) 1 bedroom units and 2) efficiency units. All units have separate electric and water meters. As of this listing date, 3 units are occupied on month to month leases. The building generates approximately $1200/month gross income when fully occupied.

Last Agent to Sell the Property

Eric Bird

Bird Realty License #471002935 Listed on: 08/06/2015

Last Buyer's Agent

Eric Bird

Bird Realty License #471002935 Listed on: 08/06/2015

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 56x159
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • American Four Square Architecture
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Sterling High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating Available

Community Details

  • 4 Units
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 2
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Stone
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: None
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: No
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Schools

  • High School: STERLING HIGH SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 56X159
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • TenantPays: None

Multi Family

  • GrossIncome: 14400
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 2297.05
  • Tax Year: 2015
  • Tax Exemptions: None

MLS Schools

  • Othr Public Sch: SVCC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Dziedzic Sandra P
Bought by
Sterling 706 Properties Llc
Current Estimated Value
$98,805

Purchase Details

Listed on
Aug 6, 2015
Closed on
Nov 3, 2016
Sold by
Sterling Federal Bank F S B
Bought by
Dziedzic Sandra P
Seller's Agent
Eric Bird
Bird Realty
Buyer's Agent
Eric Bird
Bird Realty
List Price
$44,000
Sold Price
$25,000
Premium/Discount to List
-$19,000
-43.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.07%

Purchase Details

Closed on
Oct 26, 2010
Sold by
Vock Ruby Jean
Bought by
Metzler Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,735
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sterling 706 Properties Llc $21,000 None Listed On Document
Dziedzic Sandra P $25,000 None Available
Metzler Rae $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metzler Rae $56,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2016 11/08/16 Sold $25,000 -16.4% --
10/04/2016 10/04/16 Pending -- -- --
09/27/2016 09/27/16 Price Changed $29,900 -25.1% --
03/21/2016 03/21/16 Price Changed $39,900 -9.3% --
08/06/2015 08/06/15 For Sale $44,000 -- --
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 $2,217 $21,264 $5,686 $15,578
2023 $2,093 $19,960 $5,337 $14,623
2022 $2,041 $19,097 $5,106 $13,991
2021 $1,969 $18,009 $4,815 $13,194
2020 $1,914 $17,378 $4,646 $12,732
2019 $1,902 $17,063 $4,562 $12,501
2018 $1,882 $17,090 $4,569 $12,521
2017 $1,885 $16,973 $4,538 $12,435
2016 $1,837 $16,426 $4,392 $12,034
2015 $2,290 $21,991 $4,513 $17,478
2014 $2,285 $21,503 $4,413 $17,090
2013 $2,290 $21,991 $4,513 $17,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09005279

Midwest Real Estate Data (MRED)

APN: 1121406006