NOT LISTED FOR SALE

11038 Silver Creek Rd Rockford, IL 61102

Estimated Value: $241,000 - $544,000

3 Beds
2 Baths
2,454 Sq Ft
$167/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $340,000 $139 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,768/month

7 Days on Market

Highlights

  • Horses Allowed in Community
  • Covered Deck
  • Wooded Lot
  • 6.23 Acre Lot
  • Creek On Lot
  • Vaulted Ceiling

About This Home

As of July 2022

2,062 sq ft log cabin ranch on 6.23 acres. Zoned Ag. 3 bedroom, 2 bath, 2.5 car garage. First floor laundry. 75 gallon water heater. 54x40 pole barn. Full basement. Lower level rec room. Fireplace in great room with vaulted ceiling full log beams. Beautiful setting. HOA $85/year for road maintenance (voluntary). Property is being sold As-Is. Some photos are virtually staged. Agent Related.

Last Agent to Sell the Property

Michelle Dollak

Gambino Realtors License #475162162 Listed on: 06/15/2022

Gambino Realtors

Last Buyer's Agent

Joseph Aaronson

EXIT Realty Redefined Maurer Group License #475.201929

EXIT Realty Redefined Maurer Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,655

Lot Details

  • 6.23 Acre Lot
  • Fenced Yard
  • Wooded Lot

HOA Fees

  • $7 Monthly HOA Fees

Home Design

  • Log Cabin
  • Shingle Roof
  • Log Siding
  • Active Radon Mitigation

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Home Security System
  • Laundry on main level

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2.5 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Creek On Lot
  • Covered Deck
  • Covered Patio or Porch
  • Fire Pit
  • Storage Shed
  • Outbuilding

Schools

  • Julia Lathrop Elementary School
  • Rockford Enviromental Science Academy Middle School
  • Jefferson High School

Farming

  • Agricultural

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Well
  • Natural Gas Water Heater
  • Water Softener
  • Septic System

Community Details

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,655

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Interior Amenities: Audio/Video, Ceiling Fans/Remotes, Ceiling-Vaults/Cathedral, Radon Mitigation Active, Security System
  • Road Frontage: Hard Surface Road
  • Type: Agriculture, Creek/Pond, Wooded, Rural
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Stove/Cooktop, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 2062
  • Estimated Below Grade Finished Sq Ft: 392
  • Exemptions: Owner
  • Front: 460
  • General Features: Basement Entrance, County Taxes, Deck, Great Room, Horses Allowed, Laundry 1st Floor, L.L. Finished Space, Main Floor Master, Out Building(s), Security System, Deck-Covered, Fire-Pit/Fireplace, Porch Covered, Storage Shed, Fenced Yard
  • Grid: 28
  • Hoa Fee Frequency: Yearly
  • Legal Description: BEG AT INSECTN SLY LN S MAIN RD & C/L SILVER CREEK TH WLY ALG S LN S MAIN RD TO E LN WILLOW RUN TH S 450 FT TH ELY TO C/L SILVER CREEK TH NELY TO MOST SELY COR 20 FT EASMT BY
  • Lot Acreage: 6.23
  • Lvt Date: 06/15/2022
  • Number of Main Level Full Bathrooms: 2
  • Rear: 460
  • Side 1: 562
  • Side 2: 582
  • Stove Range Fuel: Electric
  • Style: Log Home
  • Type: House
  • Agent Only_ L A1 User Code: 10351
  • Egress: No
  • Elementary School: Julia Lathrop Elementary
  • Estimated Total Finished Sq Ft: 2454
  • Garage Type Driveway: Attached, Garage Remote/Opener
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: 2,062 sq ft log cabin ranch on 6.23 acres. Zoned Ag. 3 bedroom, 2 bath, 2.5 car garage. First floor laundry. 75 gallon water heater. 54x40 pole barn. Full basement. Lower level rec room. Fireplace in great room with vaulted ceiling full log beams. Beautiful setting. HOA $85/year for road maintenance (voluntary). Property is being sold As-Is. Some photos are virtually staged. Agent Related.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 2062
  • L O1 Brokerage Number: 478003863
  • S O1 Brokerage Number: 478026608
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 18x14.7, On Level: Main
  • Fireplace Type: Wood
  • Basement: Basement Entrance, Finished
  • Bedroom 2: Dimensions: 13.6x12.3, On Level: Main
  • Bedroom 3: Dimensions: 13.6x12, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 16x10
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 16x12, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 27x17
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 138.55
  • Recreation Room: Yes, On Level: Lower, Dimensions: 28x14
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Log
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Wood
  • Sewer: Septic
  • Water: Well
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 85

Schools

  • School District: Rockford 205
  • Elementary School: Julia Lathrop Elementary
  • Middle School: Rockford Enviromental Science Academy
  • High School: Jefferson High

Tax Info

  • Year: 2021
  • Taxes: 5655

MLS Schools

  • HighSchool: Jefferson High
  • School District: Rockford 205
  • Middle School: Rockford Enviromental Science Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 27, 2022
Sold by
Salathe and Debra
Bought by
Graceffa Justin and Graceffa Julia
Seller's Agent
Michelle Dollak
Gambino Realtors
Buyer's Agent
Joseph Aaronson
EXIT Realty Redefined Maurer Group
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Current Estimated Value
$409,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,775
Avg. Annual Appreciation
4.41%
Original Mortgage
$272,000
Outstanding Balance
$260,725
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$127,136

Purchase Details

Listed on
Sep 8, 2016
Closed on
Apr 21, 2017
Sold by
Trust One
Bought by
Salathe Daniel and Salathe Debra
Seller's Agent
Ray Arco
Gambino Realtors
Buyer's Agent
Michelle Dollak
Gambino Realtors
List Price
$234,900
Sold Price
$223,000
Premium/Discount to List
-$11,900
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$218,960
Interest Rate
4.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Graceffa Justin $340,000 Security First Title
Salathe Daniel $223,000 Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graceffa Justin $272,000
Previous Owner Salathe Daniel $218,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $340,000 -2.8% $139 / Sq Ft
06/15/2022 06/15/22 For Sale $349,900 +56.9% $143 / Sq Ft
04/21/2017 04/21/17 Sold $223,000 -5.1% $108 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
09/08/2016 09/08/16 For Sale $234,900 -- $114 / 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 $6,348 $87,451 $22,341 $65,110
2023 $6,014 $77,110 $19,699 $57,411
2022 $5,820 $68,922 $17,607 $51,315
2021 $5,655 $63,196 $16,144 $47,052
2020 $5,329 $59,743 $15,262 $44,481
2019 $5,255 $56,941 $14,546 $42,395
2018 $5,016 $51,959 $13,709 $38,250
2017 $4,977 $49,726 $13,120 $36,606
2016 $4,951 $48,794 $12,874 $35,920
2015 $4,995 $48,794 $12,874 $35,920
2014 $5,572 $54,719 $16,121 $38,598
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michelle Dollak

    Gambino Realtors

    Section Image

  • J

    Buyer's Agent in 2022

    Joseph Aaronson

    EXIT Realty Redefined Maurer Group

    (815) 312-6852

    53 Total Sales

    Section Image

  • R

    Seller's Agent in 2017

    Ray Arco

    Gambino Realtors

    (815) 985-1441

    8 Total Sales

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202203765

NorthWest Illinois Alliance of REALTORS®

APN: 15-19-476-027

Illinois Winnebago County Rockford 61102

11038 Silver Creek Rd, Rockford, IL

This home is located at 11038 Silver Creek Rd, Rockford, IL 61102 since 15 June 2022 and is currently estimated at $409,775, approximately $166 per square foot. 11038 Silver Creek Rd is a home located in Winnebago County with nearby schools including Julia Lathrop Elementary School, Rockford Environmental Science Academy, and Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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