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909 7th Avenue

909 7th Avenue, Sterling, IL 61081
Property in Sterling
Sold May 17, 2023
$165,000
$166,666 by New American Funding
Mortgage Due Jun 01, 2053
Sold Mar 15, 2021
$25,000
$48,750 by Sterling Federal Bank
Mortgage
909 7th Avenue has been categorized by the local assessors in Sterling, IL as a residential type of property. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 440 ft. The area measurement of the land has been determined as 6,160 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 909 7th Avenue was last sold in May 10, 2023 for $165,000. Prior to that sales transaction, the property was sold for $25,000 in Mar 12, 2021. Current property owners are expected to pay $2,235 in taxes per year. The property on 909 7th Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,913. To break that down further, the land itself was valued at $2,791. While improvements to the property were assessed at a total of $18,122. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,160
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 440
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRINKS ADDITION
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRINKS ADDITION S 44' OF LOT 11 BLK 10 321100X

Ownership

  • Current Owner : RATLIFF CODY
  • Current Owner 2: THOMPSON HELEN
  • Previous Owner : WALDSCHMIDT JOSH A
  • Owner Before Previous Owner: ADAMS MICHAEL
  • Owner Before Previous Owner 2: ADAMS AMY
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Sterling Community Unit District 5
  • Census Tract: 001200

Geography

  • Account Number: 109120
  • District: 10
  • Parcel: 1122154007
  • Block: 10
  • Lot: 11
  • Municipality: STERLING
  • Latitude: 41.795
  • Longitude: -89.6881

    Address

  • Full Address: 909 7th Ave
  • Address - House Number: 909
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Sterling
  • Carrier Code: C004
  • 4-Digit Zip Code: 2501
  • Zip Code: 61081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,235
  • Tax Rate Code Area: 01005

    Appraisal Valuation

  • Standard Deviation: 0.1245
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 75
  • Final Value: 21,925
  • High Value: 24,656
  • Low Value: 19,193

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,666
  • First Open Lien Mortgage Lender: NEW AMERICAN FUNDING
  • First Open Lien Mortgage Recording Date: May 17, 2023
  • First Open Lien Mortgage Loan Amount: $166,666
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $62,739
  • Market Land Value: $8,373
  • Market Improvement Value: $54,366

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,913
  • Assessed Land Value: $2,791
  • Assessed Improvements Value: $18,122

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: May 17, 2023
  • Current Sale Transaction ID: 11907130607
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2324
  • Previous Sale Recording Date: Mar 15, 2021
  • Previous Sale Contract Date: Mar 12, 2021
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW AMERICAN FUNDING
  • First Mortgage Transaction Date: May 17, 2023
  • First Mortgage Loan Amount: $166,666
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: STERLING FEDERAL BANK
  • Previous Mortgage Transaction Date: Mar 15, 2021
  • Previous Mortgage Loan Amount: $48,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Sterling



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Nearby Rentals

Unit for rent at

$2,500 /mo

  • Studio
Listing by Lex Tarumianz
Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 909 7th Avenue located in?
The 909 7th Avenue is a located in the neighborhood of Sterling in Sterling, Sterling.
What is the average sales price for listings in 909 7th Avenue?
The average sales price for units in 909 7th Avenue is $30,000 , or $20/sqft. currently.

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