1208 Sherman Ave Rockford, IL 61101
West Gateway Coalition NeighborhoodEstimated Value: $58,673 - $96,000
2
Beds
1
Bath
688
Sq Ft
$110/Sq Ft
Est. Value
About This Home
This home is located at 1208 Sherman Ave, Rockford, IL 61101 and is currently estimated at $75,668, approximately $109 per square foot. 1208 Sherman Ave is a home located in Winnebago County with nearby schools including Lewis Lemon Elementary School, Kennedy Middle School, and Auburn High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 25, 2024
Sold by
Region Rockford Llc
Bought by
Rockford G7 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
$2,400,000
Outstanding Balance
$2,391,149
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
-$2,314,884
Purchase Details
Closed on
Jul 8, 2022
Sold by
Chabad Lubavitch Of Rockford Nfp
Bought by
Region Rockford Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,514
Interest Rate
5.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 16, 2021
Sold by
Castle Painting & Development
Bought by
Chabad Lubavitch Of Rockford Nfp
Purchase Details
Closed on
Oct 2, 2020
Sold by
Obelisk Development Company Llc
Bought by
Castle Painting & Development Llc
Purchase Details
Closed on
Apr 10, 2006
Bought by
Green Thomas
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Rockford G7 Llc | $3,200,000 | None Listed On Document | |
Rockford G7 Llc | $3,200,000 | None Listed On Document | |
Region Rockford Llc | -- | None Listed On Document | |
Chabad Lubavitch Of Rockford Nfp | $62,500 | None Listed On Document | |
Castle Painting & Development Llc | $15,000 | Schlueter Ecklund & Davitt/Nn | |
Castle Painting & Development Llc | $15,000 | Schlueter Ecklund & Davitt/Nn | |
Green Thomas | $50,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Rockford G7 Llc | $2,400,000 | |
Closed | Rockford G7 Llc | $2,400,000 | |
Previous Owner | Region Rockford Llc | $507,514 |
Source: Public Records
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 | $679 | $12,685 | $709 | $11,976 |
2023 | $1,161 | $11,185 | $625 | $10,560 |
2022 | $1,142 | $9,998 | $559 | $9,439 |
2021 | $615 | $5,018 | $514 | $4,504 |
2020 | $610 | $4,744 | $486 | $4,258 |
2019 | $606 | $4,521 | $463 | $4,058 |
2018 | $610 | $4,260 | $436 | $3,824 |
2017 | $605 | $4,077 | $417 | $3,660 |
2016 | $604 | $4,000 | $409 | $3,591 |
2015 | $612 | $4,000 | $409 | $3,591 |
2014 | $748 | $5,029 | $511 | $4,518 |
Source: Public Records
Map
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