Seller's Agent in 2024
Jonathan Gieson
RE/MAX
(815) 677-1873
481 Total Sales
710 5th Ave Sterling, IL 61081
Estimated Value: $67,649 - $97,000
4
Beds
2
Baths
--
Sq Ft
4,530
Sq Ft Lot
About This Home
As of May 2024Two unit investment opportunity in Sterling featuring lower and upper level 2 bedroom units and a new roof. Tenants pay all utilities and are on renewing leases. This property is located near parks, shopping, and more. With plenty of potential value add possibilities, this is an investment worth serious consideration!
Last Agent to Sell the Property
RE/MAX of Rock Valley License #475189224 Listed on: 02/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,283
Year Built
- Built in 1900
Lot Details
- 4,530
Home Design
- Converted Dwelling
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 40 x 100 x 55
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2024
Closed on
May 23, 2024
Sold by
Velasquez Nicolas A
Bought by
Bernice Llc
Seller's Agent
Jonathan Gieson
RE/MAX of Rock Valley
Buyer's Agent
Jonathan Gieson
RE/MAX of Rock Valley
List Price
$59,900
Sold Price
$53,000
Premium/Discount to List
-$6,900
-11.52%
Views
175
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
$27,162
Avg. Annual Appreciation
13.23%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bernice Llc | $53,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Velasquez Nicolas A | $181,371 | |
| Previous Owner | Velasquez Nicolas A | $238,295 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2024 05/23/24 | Sold | $53,000 | -11.5% | -- |
| 05/02/2024 05/02/24 | Pending | -- | -- | -- |
| 02/18/2024 02/18/24 | For Sale | $59,900 | -- | -- |
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 | $2,090 | $20,047 | $2,750 | $17,297 |
| 2023 | $1,344 | $18,818 | $2,581 | $16,237 |
| 2022 | $1,283 | $18,004 | $2,469 | $15,535 |
| 2021 | $998 | $15,131 | $2,328 | $12,803 |
| 2020 | $947 | $14,601 | $2,246 | $12,355 |
| 2019 | $929 | $14,336 | $2,205 | $12,131 |
| 2018 | $920 | $14,359 | $2,209 | $12,150 |
| 2017 | $918 | $14,261 | $2,194 | $12,067 |
| 2016 | $873 | $13,801 | $2,123 | $11,678 |
| 2015 | $852 | $14,179 | $2,181 | $11,998 |
| 2014 | $836 | $13,865 | $2,133 | $11,732 |
| 2013 | $852 | $14,179 | $2,181 | $11,998 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11983872
APN: 1121429001
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