NOT LISTED FOR SALE

123 Alder Ave Unit A Rockford, IL 61107

Estimated Value: $186,397 - $199,000

3 Beds
2 Baths
1,584 Sq Ft
$122/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $125,000 $79 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,362/month

18 Days on Market

Highlights

  • Second Kitchen
  • Main Floor Primary Bedroom
  • Ceiling Fan
  • Deck
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of September 2021

GREAT OPPORTUNITY WITH A 1.5 STORY HOUSE AS WELL AS AN APARTMENT OVER THE GARAGE - LIVE IN ONE & RENT THE OTHER, RENT BOTH, OR USE AS A CONVENIENT IN-LAW ARRANGEMENT! Unit A is a 2 BR, 1 BA 1.5 story home that is currently vacant, and the other, Unit B, is above the garage & is currently rented. It has an open floor plan kitchen, dining area & living room, one bedroom, laundry, full bath, and a balcony deck. The current tenant is on a month to month basis which can be assumed by the purchaser. Tenant has been notified if the next buyer does not want to assume the lease, then he will need to vacate the property, to which he has agreed. The rented out unit tenant pays $$650/month. (see document section for current rental agreement) There is a large 2.5 car garage attached to the rental unit and tenant uses south half of garage & drive. Floors in rental unit are 1 year old. Both units have a washer & dryer. Both units are on the same water meters, electric is on separate meters. Tenant pays electric, landlord pays water, garbage, sewer. Two water heaters. SO MANY OPTIONS FOR LIVING ARRANGEMENTS!

Last Agent to Sell the Property

Toni Vander Heyden

Keller Williams Realty Signature License #475142387 Listed on: 07/23/2021

Keller Williams Realty Signature

Last Buyer's Agent

Jay Hampton

Re/Max Valley Realtors License #475153898

Re/Max Valley Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,875

Lot Details

  • 6,098

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Kitchen

  • Second Kitchen
  • Built-In Oven
  • Electric Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Parking

  • 2.5 Car Garage
  • Driveway

Schools

  • Gregory Elementary School
  • Eisenhower Middle School
  • Guilford High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Deck
  • 6,098 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,875

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Second Kitchen
  • Road Frontage: Hard Surface Road
  • Type: None
  • Electric: Circuit Breaker
  • Additional Room 5: Unit A LR, Dimensions: 15.7x12.7, On Level: Upper
  • Additional Room 6: Unit A Kit, Dimensions: 17.10x11.1, On Level: Upper
  • Appliances That Stay or Are Included: Dishwasher, Refrigerator, Stove/Cooktop, Wall Oven
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1584
  • Front: 40
  • General Features: Deck, Main Floor Master
  • Legal Description: PALMWOOD ACRES PT NE1/4 SEC 29-44-2 (EXC N 10 FT) LOT 23 BLOCK 2
  • Lot Acreage: 0.14
  • Lvt Date: 07/23/2021
  • Number of Main Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 1
  • Rear: 40
  • Side 1: 157.5
  • Side 2: 157.5
  • Stove Range Fuel: Electric
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: 4978
  • Egress: No
  • Elementary School: Gregory Elementary
  • Estimated Total Finished Sq Ft: 1584
  • Estimated Upper Sq Ft: 780
  • Garage Type Driveway: Detached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: GREAT OPPORTUNITY WITH A 1.5 STORY HOUSE AS WELL AS AN APARTMENT OVER THE GARAGE - LIVE IN ONE & RENT THE OTHER, RENT BOTH, OR USE AS A CONVENIENT IN-LAW ARRANGEMENT! Unit A is a 2 BR, 1 BA 1.5 story home that is currently vacant, and the other, Unit B, is above the garage & is currently rented. It has an open floor plan kitchen, dining area & living room, one bedroom, laundry, full bath, and a balcony deck. The current tenant is on a month to month basis which can be assumed by the purchaser. Tenant has been notified if the next buyer does not want to assume the lease, then he will need to vacate the property, to which he has agreed. The rented out unit tenant pays $$650/month. (see document section for current rental agreement) There is a large 2.5 car garage attached to the rental unit and tenant uses south half of garage & drive. Floors in rental unit are 1 year old. Both units have a washer & dryer. Both units are on the same water meters, electric is on separate meters. Tenant pays electric, landlord pays water, garbage, sewer. Two water heaters. SO MANY OPTIONS FOR LIVING ARRANGEMENTS!
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1584
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 11.8x10.2, On Level: Main
  • Bedroom 2: Dimensions: 25.5x11.0, On Level: Upper
  • Bedroom 3: Dimensions: 13.11x8.11, On Level: Upper
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 10.9x10.2, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 21.0x10.10
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Siding, Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Baseboard, Natural Gas, Electric
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Tax Info

  • Year: 2020
  • Taxes: 3875

MLS Schools

  • HighSchool: Guilford High
  • School District: Rockford 205
  • Middle School: Eisenhower Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 8, 2021
Sold by
Derrer Curtis D and Derrer Sara D
Bought by
Kaliher Hans and Kaliher Lisa
Seller's Agent
Toni Vander Heyden
Keller Williams Realty Signature
Buyer's Agent
Jay Hampton
Re/Max Valley Realtors
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Current Estimated Value
$192,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,849
Avg. Annual Appreciation
10.09%
Original Mortgage
$93,750
Outstanding Balance
$71,560
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$121,289

Purchase Details

Closed on
Jan 22, 2015
Sold by
Jerry Vyborny and Jerry Clara M
Bought by
Derrer Curtis D and Derrer Sara D

Purchase Details

Closed on
Apr 30, 2003
Bought by
Dietz Sara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kaliher Hans $125,000 None Listed On Document
Derrer Curtis D -- Tua
Dietz Sara $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaliher Hans $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $125,000 0.0% $79 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/09/2021 08/09/21 Price Changed $125,000 -10.7% $79 / Sq Ft
07/23/2021 07/23/21 For Sale $140,000 -- $88 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $4,180 $44,107 $3,402 $40,705
2022 $3,972 $34,762 $2,681 $32,081
2021 $3,907 $31,874 $2,458 $29,416
2020 $3,875 $30,133 $2,324 $27,809
2019 $3,848 $28,720 $2,215 $26,505
2018 $3,875 $27,066 $2,087 $24,979
2017 $3,843 $25,903 $1,997 $23,906
2016 $3,840 $25,418 $1,960 $23,458
2015 $3,888 $25,418 $1,960 $23,458
2014 $3,869 $27,006 $2,447 $24,559
Source: Public Records

Agents Affiliated with this Home

  • Toni Vander Heyden

    Seller's Agent in 2021

    Toni Vander Heyden

    Keller Williams Realty Signature

    (815) 315-1110

    1,350 Total Sales

    Toni Vander Heyden
    Section Image
  • Jay Hampton

    Buyer's Agent in 2021

    Jay Hampton

    RE/MAX

    (815) 985-8782

    58 Total Sales

    Jay Hampton
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202104289

NorthWest Illinois Alliance of REALTORS®

APN: 12-29-205-026

Illinois Winnebago County Rockford 61107

123 Alder Ave Unit A, Rockford, IL

Not Listed for Sale

Detached

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NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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