NOT LISTED FOR SALE

711 4th Ave Sterling, IL 61081

Estimated Value: $131,312 - $148,000

6 Beds
2 Baths
-- Sq Ft
6,316 Sq Ft Lot

Last Sold October 31, 2022

Last sale price $115,000

Est. 22% increase in value since last sale

Current estimated payment $870/month

23 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of October 2022

Very nice, well maintained side by side apartments. Each side has 3 bedrooms, 1 bath. Complete remodel in 1999 and 2000. Including kitchen, bathrooms, doors, trim, roof, siding, plumbing, windows and flooring. Each side has 12x14 deck. Garage is rented for $110 a month to someone not renting apartments. Tenant pays all utilities.

Last Agent to Sell the Property

Tim McCaslin

RE/MAX Sauk Valley License #471002068 Listed on: 08/26/2022

RE/MAX Sauk Valley

Last Buyer's Agent

Tim McCaslin

RE/MAX Sauk Valley License #471002068 Listed on: 08/26/2022

RE/MAX Sauk Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,889

Year Built

  • Built in 1898 | Remodeled in 1999

Lot Details

  • Lot Dimensions are 80 x 79
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $17,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,889

Year Built

Built in 1898 | Remodeled in 1999

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: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1999
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • AttributionContact: (815) 716-7653
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1999

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 80 X 79
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 17520
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 2889
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 25, 2022
Sold by
Sterling Investors Llc
Bought by
Two4five Llc
Seller's Agent
Tim McCaslin
RE/MAX Sauk Valley
Buyer's Agent
Tim McCaslin
RE/MAX Sauk Valley
List Price
$122,500
Sold Price
$115,000
Premium/Discount to List
-$7,500
-6.12%
Views
1
Current Estimated Value
$139,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,828
Avg. Annual Appreciation
6.34%
Original Mortgage
$92,000
Outstanding Balance
$89,014
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$50,814

Purchase Details

Closed on
Nov 1, 2007
Sold by
Serrano Luis
Bought by
Sterling Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Two4five Llc $38,333 --
Sterling Investors Llc $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Two4five Llc $92,000
Previous Owner Sterling Investors Llc $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $115,000 -6.1% --
09/19/2022 09/19/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $122,500 -- --
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 $4,450 $42,678 $4,586 $38,092
2023 $4,200 $40,062 $4,305 $35,757
2022 $2,994 $28,023 $4,119 $23,904
2021 $2,889 $26,426 $3,884 $22,542
2020 $2,809 $25,500 $3,748 $21,752
2019 $2,791 $25,037 $3,680 $21,357
2018 $2,761 $25,077 $3,686 $21,391
2017 $2,767 $24,905 $3,661 $21,244
2016 $2,696 $24,102 $3,543 $20,559
2015 $2,578 $24,763 $3,640 $21,123
2014 $2,573 $24,213 $3,559 $20,654
2013 $2,578 $24,763 $3,640 $21,123
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11614528

Midwest Real Estate Data (MRED)

APN: 1121427015