505 4th St
Sterling, IL 61081
4 bd 2 ba 1,428 sqft Built 1900 Lot 6,700 sqft single_family
Most recent sale
$83,420
Feb 3, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 3, 2023 | Sold | $83,420 | MRED |
| Oct 19, 2022 | Price changed | $97,900 | MRED |
| Sep 30, 2022 | Listed | $99,900 | MRED |
| Oct 25, 2021 | Sold | $25,000 | MRED |
| Dec 11, 2008 | Sold | $43,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $23,074 | $4,706 | $27,780 | $2,896 |
| 2023 | $16,421 | $4,418 | $20,839 | $2,184 |
| 2022 | $14,400 | $4,227 | $18,627 | $1,990 |
| 2021 | $726 | $666 | $1,392 | $152 |
| 2008 | $13,682 | $2,148 | $15,830 | $974 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,428 sqft
Lot size
6,700 sqft
ZIP code
61081
City
Sterling
Street
4th St
Coordinates
41.79064, -89.68886
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$501
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 505 4th St last sell?
505 4th St most recently sold on Feb 3, 2023 for $83,420.
What is the current tax assessment for 505 4th St?
The most recent total assessment for 505 4th St (year 2024) is $27,780 with $2,896 in property tax.
How does 505 4th St's assessment compare to its last sale price?
The current assessment is 66.7% below the last sale price of $83,420.
When was 505 4th St built?
505 4th St was built in 1900.
How does 505 4th St compare to others on 4th St?
We track 8 other properties on 4th St. Browse the list under "Other properties on 4th St" to compare beds, baths, and sale history.
What are the property facts for 505 4th St?
505 4th St is a 4 bed, 2 bath, 1,428 sqft, 6,700 sqft lot single_family.
Is 505 4th St a flip candidate?
Yes — 505 4th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 4th St a tax-appeal candidate?
No — 505 4th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$196.6K
2026 Q4
$194.2K
ZIP 61081 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 4th St