NOT LISTED FOR SALE

Estimated Value: $120,553 - $146,000

-- Bed
2 Baths
2,328 Sq Ft
$57/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $98,000 $42 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $942/month

3 Days on Market

Highlights

  • Property is near public transit
  • Brick or Stone Mason
  • Forced Air Heating System
  • Covered Patio or Porch
  • Water Softener
  • Laundry Facilities

About This Home

As of January 2023

Great Investment Property - ALL BRICK 2-story, hardwood floors, freshly painted with many updates. Both units have three bedrooms, one bath, formal living and dining room. There's a 3-car garage; roof is less than five years old, furnace less than three years old. Please independently verify all information including schools and taxes.

Last Agent to Sell the Property

Maureen McCarty

Emerald Realty Group of Rockford, PLLC License #475157672 Listed on: 12/19/2022

Co-Listed By

Robert McCarty

Emerald Realty Group of Rockford, PLLC License #471022157

Last Buyer's Agent

Miguel Lobato

Gambino Realtors License #475146683

Gambino Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1925

Lot Details

  • 7,841

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range
  • Microwave

Schools

  • Constance Lane Elementary School
  • Abraham Lincoln Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater
  • Water Softener

Additional Features

  • Covered Patio or Porch
  • Property is near public transit

Community Details

Overview

  • 2 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,319

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Microwave, Refrigerator, Stove/Cooktop, Water Softener
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1164
  • Front: 48
  • General Features: Laundry in Building, On Bus Route, Porch Covered
  • Grid: 74
  • Legal Description: PETERSONS SUB LOT 8-9-11-12 BLK 5 + LTS 1-2-3-4- 5-8-9-11-12-13 + 14 BLK 8 OF SO PK SUB LOT 008 BLOCK 008
  • Lvt Date: 12/19/2022
  • Rear: 48
  • Side 1: 165
  • Side 2: 165
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 5366
  • Elementary School: Constance Lane Elementary School
  • Estimated Total Finished Sq Ft: 2328
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Great Investment Property - ALL BRICK 2-story, hardwood floors, freshly painted with many updates. Both units have three bedrooms, one bath, formal living and dining room. There's a 3-car garage; roof is less than five years old, furnace less than three years old. Please independently verify all information including schools and taxes.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 2328
  • L O1 Brokerage Number: 478010804
  • L O2 Brokerage Number: 478010804
  • S O1 Brokerage Number: 477011035
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 42.1
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: Constance Lane Elementary School
  • Middle School: Abraham Lincoln Middle
  • High School: Jefferson High

Building Info

  • Year Built: 1925

Tax Info

  • Year: 2021
  • Taxes: 1319

MLS Schools

  • HighSchool: Jefferson High
  • School District: Rockford 205
  • Middle School: Abraham Lincoln Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Jan 13, 2023
Sold by
A2b Holding Llc
Bought by
Silva Pedro
Seller's Agent
Maureen McCarty
Emerald Realty Group of Rockford, PLLC
Buyer's Agent
Miguel Lobato
Gambino Realtors
List Price
$109,900
Sold Price
$98,000
Premium/Discount to List
-$11,900
-10.83%
Views
30
Current Estimated Value
$133,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,638
Avg. Annual Appreciation
10.34%

Purchase Details

Closed on
Jun 8, 2022
Sold by
Blondin Alexander T
Bought by
A2b Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 29, 2021
Sold by
Gilberto Delgado
Bought by
Blondin Alexander T
Seller's Agent
Miguel Lobato
Gambino Realtors
Buyer's Agent
Jorge DaSilva
Key Realty, Inc
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.81%
Original Mortgage
$60,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1996
Bought by
Delgado Gilberto
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
Silva Pedro $98,000 --
A2b Holding Llc -- Reese & Reese
Blondin Alexander T $80,000 Midwest Law Works Llc
Delgado Gilberto $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner A2b Holding Llc $376,500
Previous Owner Blondin Alexander T $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $98,000 -10.8% $42 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
12/19/2022 12/19/22 For Sale $109,900 +37.4% $47 / Sq Ft
10/28/2021 10/28/21 Sold $80,000 -15.8% $69 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $95,000 -- $82 / 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 $2,520 $26,595 $2,903 $23,692
2023 $1,812 $23,451 $2,560 $20,891
2022 $1,709 $20,961 $2,288 $18,673
2021 $1,319 $16,758 $2,098 $14,660
2020 $1,266 $15,842 $1,983 $13,859
2019 $1,219 $15,099 $1,890 $13,209
2018 $1,326 $14,230 $1,782 $12,448
2017 $1,331 $13,618 $1,705 $11,913
2016 $1,355 $13,363 $1,673 $11,690
2015 $1,372 $13,363 $1,673 $11,690
2014 $1,958 $16,522 $2,095 $14,427
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202207853

NorthWest Illinois Alliance of REALTORS®

APN: 11-35-233-011