Seller's Agent in 2021
JD Gieson
RE/MAX
(815) 677-1873
102 in this area
494 Total Sales
1201 Avenue A Rock Falls, IL 61071
Estimated Value: $189,000
12
Beds
6
Baths
--
Sq Ft
0.29
Acres
About This Home
As of June 2021Cash flowing investment opportunity! *Part of a larger investment portfolio* ... This 3 story building features 6, 2 bedroom, units featuring interior hallways and stairs. Each unit includes a stove, fridge, wall A/C unit, and washer/dryer hookups. All electric heating and open/off street parking available.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,210
Year Built
- Built in 1976
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 140x90
Parking
- 6 to 12 Parking Spaces
Home Design
- Slab Foundation
Interior Spaces
- 3-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Utilities
- Window Unit Cooling System
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, sewer
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $761
- Insurance Expense $1,743
- Water Sewer Expense $76
- Operating Expense $19,213
- Gross Income $31,073
- Net Operating Income $14,881
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2024
Sold by
Sa House Rentals Llc
Bought by
Rentco Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,344,000
Outstanding Balance
$1,320,575
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 22, 2021
Closed on
Jun 29, 2021
Sold by
H & H Rental Props Llc
Bought by
Sa House Rentals Llc
Seller's Agent
JD Gieson
RE/MAX of Rock Valley
Buyer's Agent
JD Gieson
RE/MAX of Rock Valley
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rentco Llc | $1,344,000 | None Listed On Document | |
| Rentco Llc | $1,344,000 | None Listed On Document | |
| Sa House Rentals Llc | $720,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rentco Llc | $1,344,000 | |
| Closed | Rentco Llc | $1,344,000 | |
| Previous Owner | Sa House Rentals Llc | $620,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2021 06/29/21 | Sold | $200,000 | -4.8% | -- |
| 05/04/2021 05/04/21 | Pending | -- | -- | -- |
| 04/22/2021 04/22/21 | For Sale | $210,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,793 | $52,816 | $5,882 | $46,934 |
| 2023 | $5,924 | $52,816 | $5,882 | $46,934 |
| 2022 | $6,107 | $52,816 | $5,882 | $46,934 |
| 2021 | $6,208 | $52,816 | $5,882 | $46,934 |
| 2020 | $6,324 | $52,816 | $5,882 | $46,934 |
| 2019 | $6,210 | $52,816 | $5,882 | $46,934 |
| 2018 | $5,809 | $51,639 | $5,751 | $45,888 |
| 2017 | $5,917 | $51,639 | $5,751 | $45,888 |
| 2016 | $5,906 | $51,639 | $5,751 | $45,888 |
| 2015 | $56 | $51,639 | $5,751 | $45,888 |
| 2014 | $5,679 | $51,639 | $5,751 | $45,888 |
| 2013 | $56 | $51,639 | $5,751 | $45,888 |
Source: Public Records
Agents Affiliated with this Home
-
JD Gieson
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11063239
APN: 1134110014
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