NOT LISTED FOR SALE

Estimated Value: $74,083 - $157,000

4 Beds
4 Baths
3,056 Sq Ft
$39/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $40,000 $13 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $874/month

372 Days on Market

Highlights

  • Deck
  • Storage
  • Forced Air Heating System
  • Brick or Stone Mason

About This Home

As of February 2020

Utilities and insurance paid by owner. Drastic price reduction of $17,000. Rents are $575, $525, $500 and $425.

Last Agent to Sell the Property

John Sloat

Re/Max Property Source License #475084844 Listed on: 01/16/2019

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 6,098

Parking

  • 8 Car Parking Spaces

Home Design

  • Brick or Stone Mason
  • Rubber Roof

Interior Spaces

  • 3,056 Sq Ft Home
  • 2-Story Property
  • Storage
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 4 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 3056
  • Front: 40.41
  • General Features: Deck, Storage Area
  • Grid: 56
  • Legal Description: CROSBYS ADD W 40.41 FT E 199.41 FT LOT BLOCK 010
  • Lvt Date: 01/16/2019
  • Rear: 40.41
  • Side 1: 156
  • Side 2: 156
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Total Assessed Value: 22380
  • Annual Insurance Expense: 1067
  • Maintenance Yr: 3000
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 3
  • Number Of Units In Bldg: 4
  • Potential Income: 24300
  • Utilities Yr: 6506
  • Agent Only_ L A1 User Code: 2857
  • Elementary School: District 205-RFD
  • Pertinent Facts: Utilities and insurance paid by owner. Drastic price reduction of $17,000. Rents are $575, $525, $500 and $425.
  • L O1 Brokerage Number: 478003692
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Rubber

Garage/Parking

  • Total Numberof Parking Spaces: 8

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas

Schools

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

Building Info

  • Year Built: 1908

Tax Info

  • Year: 2018
  • Taxes: 3337

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
Sep 1, 2020
Sold by
Ryan Gopin
Bought by
Taurus Investors Llc-1125 Benton Street
Current Estimated Value
$118,331

Purchase Details

Listed on
Jan 16, 2019
Closed on
Feb 10, 2020
Sold by
Richard Barrett and Richard Beth
Bought by
Gopin Ryan
Seller's Agent
John Sloat
Re/Max Property Source
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$42,000
Sold Price
$40,000
Premium/Discount to List
-$2,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%

Purchase Details

Listed on
Jan 16, 2019
Closed on
Feb 5, 2020
Sold by
Richard Barrett and Richard Beth
Bought by
Gopin Ryan
Seller's Agent
John Sloat
Re/Max Property Source
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$42,000
Sold Price
$40,000
Premium/Discount to List
-$2,000
-4.76%
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
Taurus Investors Llc-1125 Benton Street -- Levun Goodman & Cohen Llp
Gopin Ryan $36,000 Guyer & Enichen Pc
Gopin Ryan $36,000 Guyer & Enichen Pc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $40,000 -11.1% $13 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/09/2020 01/09/20 Price Changed $45,000 +7.1% $15 / Sq Ft
12/19/2019 12/19/19 For Sale $42,000 0.0% $14 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
08/29/2019 08/29/19 Price Changed $42,000 -28.8% $14 / Sq Ft
06/08/2019 06/08/19 Price Changed $59,000 -1.7% $19 / Sq Ft
01/16/2019 01/16/19 For Sale $60,000 -- $20 / 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 $2,728 $28,786 $2,471 $26,315
2023 $2,636 $25,382 $2,179 $23,203
2022 $2,592 $22,687 $1,948 $20,739
2021 $2,550 $20,802 $1,786 $19,016
2020 $3,348 $26,035 $1,688 $24,347
2019 $3,324 $24,814 $1,609 $23,205
2018 $3,348 $23,385 $1,516 $21,869
2017 $3,320 $22,380 $1,451 $20,929
2016 $3,317 $21,961 $1,424 $20,537
2015 $3,359 $21,961 $1,424 $20,537
2014 $3,515 $21,963 $1,780 $20,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201900190

NorthWest Illinois Alliance of REALTORS®

APN: 11-23-480-009