NOT LISTED FOR SALE

Estimated Value: $143,888 - $207,000

3 Beds
2 Baths
3,410 Sq Ft
$55/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $130,000 $38 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,261/month

7 Days on Market

Highlights

  • Deck
  • Fire Pit
  • Laundry Facilities
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Washer and Dryer

About This Home

As of December 2022

Calling all investors!! Come see this well kept all brick duplex. Income producing building. Great bones. Close to shopping and nice neighborhood. Unit 1 features 2 nice size bedrooms, living room, dining room, fireplace and kitchen with a cute nook. Lastly, the 2nd bed opens to a outdoor covered deck. Unit 2 features 1 large bedroom, living room, and dining room. Beautiful wood floors and huge closets for storage. Last, but not least this unit has access to upper deck that's a great space for those summer nights. Separate utilities with washer and dryer hookup in the basement. Each unit also has a storage unit in the basement. Along with 1 space in the garage for parking. Unit 1 with the 2bds. has a long term tenant that wants to stay!!

Last Agent to Sell the Property

Dawn Davis

Weichert Realtors - Tovar Properties License #475186834 Listed on: 11/22/2022

Weichert Realtors - Tovar Properties

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 1942

Lot Details

  • 6,534

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Oven
  • Stove
  • Range

Outdoor Features

  • Deck
  • Fire Pit

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 2 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,042

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop, Oven, Washer
  • Class: MULTIFAMILY
  • Estimated Below Grade Finished Sq Ft: 1224
  • Front: 24
  • General Features: Deck, Laundry in Building, Fire-Pit/Fireplace
  • Legal Description: GEO E SCOTTS AVONDALE ADD IN SE PT SEC 25-44-1 LOT 006 BLOCK 013
  • Lvt Date: 11/22/2022
  • Rear: 24
  • Side 1: 51
  • Side 2: 51
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 1
  • Number Of Units In Bldg: 2
  • Utilities Yr: 400
  • Agent Only_ L A1 User Code: 110502
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 3410
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Calling all investors!! Come see this well kept all brick duplex. Income producing building. Great bones. Close to shopping and nice neighborhood. Unit 1 features 2 nice size bedrooms, living room, dining room, fireplace and kitchen with a cute nook. Lastly, the 2nd bed opens to a outdoor covered deck. Unit 2 features 1 large bedroom, living room, and dining room. Beautiful wood floors and huge closets for storage. Last, but not least this unit has access to upper deck that's a great space for those summer nights. Separate utilities with washer and dryer hookup in the basement. Each unit also has a storage unit in the basement. Along with 1 space in the garage for parking. Unit 1 with the 2bds. has a long term tenant that wants to stay!!
  • 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: Yes
  • Estimated Above Grade Sq Ft: 2186
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1942

Tax Info

  • Year: 2021
  • Taxes: 3042

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 4, 2024
Sold by
Banks Jason A
Bought by
Banks Agency Llc
Current Estimated Value
$188,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Outstanding Balance
$122,439
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$65,783

Purchase Details

Listed on
Nov 22, 2022
Closed on
Dec 23, 2022
Sold by
Steffens Jon A
Bought by
Banks Jason A
Seller's Agent
Dawn Davis
Weichert Realtors - Tovar Properties
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$132,000
Sold Price
$130,000
Premium/Discount to List
-$2,000
-1.52%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%
Original Mortgage
$97,500
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2007
Bought by
Steffens Jon
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
Banks Agency Llc -- None Listed On Document
Banks Jason A $130,000 Acuity Title
Steffens Jon $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Agency Llc $123,750
Previous Owner Banks Jason A $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2022 12/28/22 Sold $130,000 -1.5% $38 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $132,000 -- $39 / 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 $3,255 $34,353 $3,715 $30,638
2023 $3,145 $30,291 $3,276 $27,015
2022 $3,093 $27,074 $2,928 $24,146
2021 $3,043 $24,825 $2,685 $22,140
2020 $3,018 $23,468 $2,538 $20,930
2019 $2,997 $22,368 $2,419 $19,949
2018 $3,303 $23,069 $2,280 $20,789
2017 $3,276 $22,078 $2,182 $19,896
2016 $3,273 $21,664 $2,141 $19,523
2015 $3,314 $21,664 $2,141 $19,523
2014 $3,414 $22,948 $2,682 $20,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202207511

NorthWest Illinois Alliance of REALTORS®

APN: 11-25-479-017