NOT LISTED FOR SALE

1009 40th Ave Rockford, IL 61109

Estimated Value: $100,000 - $104,000

4 Beds
2 Baths
1,561 Sq Ft
$65/Sq Ft Est. Value

Last Sold October 04, 2013

Last sale price $10,500 $7 Per Sq Ft

Est. 872% increase in value since last sale

Current estimated payment $592/month

About This Home

As of October 2013

1561 SQ FT 2 FAMILY RANCH DUPLEX WITH 2 BEDROOMS AND 1 BATH IN EACH UNIT ON SLAB. CLOSE TO ULYSSES'S GRANT MEMORIAL HIGHWAY.

Last Agent to Sell the Property

John Murray

Key Realty, Inc. License #471000873 Listed on: 09/20/2013

Last Buyer's Agent

Michael Eckburg

Key Realty, Inc License #475150117

Key Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 0.28

Home Design

  • 1,561 Sq Ft Home
  • Duplex
  • Siding

Parking

  • 2 Car Parking Spaces
  • Additional Parking

Schools

  • District 205-Rfd Elementary And Middle School
  • District 205-Rfd High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1561
  • Front: 115
  • General Features: Additional Parking
  • Grid: 92
  • Legal Description: WINNEBAGO COURT SUB PT SE 1/4 SEC 11-43-1 E 22 FT LOT 2 + ALL LOT 3 + W 19 FT LOT 004 BLOCK 006
  • Rear: 115
  • Side 1: 110.25
  • Side 2: 110.25
  • Type: 2 Units
  • Total Assessed Value: 11234
  • Number Of Floors In Bldg: 1
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 4779
  • Elementary School: District 205-RFD
  • Pertinent Facts: 1561 SQ FT 2 FAMILY RANCH DUPLEX WITH 2 BEDROOMS AND 1 BATH IN EACH UNIT ON SLAB. CLOSE TO ULYSSES'S GRANT MEMORIAL HIGHWAY.
  • L O1 Brokerage Number: 477012770
  • S O1 Brokerage Number: 477012769
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior: Siding

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Heating: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Rockford 205
  • Elementary School: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Building Info

  • Year Built: 1943

Tax Info

  • Year: 2012
  • Taxes: 1449

MLS Schools

  • HighSchool: District 205-RFD
  • School District: Rockford 205
  • Middle School: District 205-RFD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Pbsd Investments Llc
Bought by
Lichtfuss Jeffery and Lichtfuss Stephanie
Current Estimated Value
$102,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Outstanding Balance
$70,554
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$31,540

Purchase Details

Closed on
Jul 25, 2024
Sold by
Pbsd Investments Llc
Bought by
Lichtfuss Jeffery and Lichtfuss Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Outstanding Balance
$70,554
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$31,540

Purchase Details

Closed on
Dec 17, 2020
Sold by
Kumar Management & Investments Llc
Bought by
Pbsd Investments Llc

Purchase Details

Listed on
Sep 20, 2013
Closed on
Oct 2, 2013
Bought by
Kumar Management & Investments
Seller's Agent
John Murray
Key Realty, Inc.
Buyer's Agent
Michael Eckburg
Key Realty, Inc
List Price
$17,500
Sold Price
$10,500
Premium/Discount to List
-$7,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.95%
Source: Public Records

Range of Values:

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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
Lichtfuss Jeffery $95,000 None Listed On Document
Lichtfuss Jeffery $95,000 None Listed On Document
Pbsd Investments Llc -- Gilbert John M
Pbsd Investments Llc -- Gilbert John M
Kumar Management & Investments $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lichtfuss Jeffery $71,250
Closed Lichtfuss Jeffery $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2013 10/04/13 Sold $10,500 -40.0% $7 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $17,500 -- $11 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $576 $6,075 $2,049 $4,026
2023 $556 $5,357 $1,807 $3,550
2022 $547 $4,788 $1,615 $3,173
2021 $538 $4,390 $1,481 $2,909
2020 $534 $4,150 $1,400 $2,750
2019 $530 $3,955 $1,334 $2,621
2018 $534 $3,727 $1,257 $2,470
2017 $529 $3,567 $1,203 $2,364
2016 $529 $3,500 $1,180 $2,320
2015 $535 $3,500 $1,180 $2,320
2014 $1,483 $9,970 $1,471 $8,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201306243

NorthWest Illinois Alliance of REALTORS®

APN: 15-11-481-003