NOT LISTED FOR SALE

Estimated Value: $160,000 - $178,000

4 Beds
4 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold October 29, 2024

Last sale price $160,000

Est. 7% increase in value since last sale

Current estimated payment $1,199/month

5 Days on Market

About This Home

As of October 2024

Multi-family apartment located in residential neighborhood. This building has four one bedroom units, separate utilities and coin operated laundry in the basement. All units have 3x6 storage lockers in the basement and units are loaded with closet and storage Space. Boiler heat. Sold As Is.

Last Agent to Sell the Property

Tracey Erickson

Key Realty - Rockford License #475202677 Listed on: 09/09/2024

Key Realty - Rockford

Last Buyer's Agent

Colin Schindler

RE/MAX Ignite License #475193933

RE/MAX Ignite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,489

Year Built

  • Built in 1928

Lot Details

  • 7,405

Parking

  • 4 Car Detached Garage

Interior Spaces

  • 4-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Jackson Elementary School
  • Abraham Lincoln Middle School
  • Rockford East High School

Additional Features

  • Lot Dimensions are 66x66x136x136
  • Forced Air Heating System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,489

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Other
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Schools

  • Elementary School: Jackson Elementary School
  • High School: Rockford East High School
  • Middle/Junior School: Abraham Lincoln Middle School

Lot Info

  • Lot Dimensions: 66X66X136X136
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 3489
  • Tax Year: 2023

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 29, 2024
Sold by
Mckillip Terry L
Bought by
Blue Violet Estate Llc
Seller's Agent
Tracey Erickson
Key Realty - Rockford
Buyer's Agent
Colin Schindler
RE/MAX Ignite
List Price
$145,000
Sold Price
$160,000
Premium/Discount to List
$15,000
10.34%
Views
56
Current Estimated Value
$170,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,598
Avg. Annual Appreciation
6.62%
Original Mortgage
$128,000
Outstanding Balance
$126,719
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$43,879

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 7, 2016
Sold by
Terrance Walker and Terrance Lauren
Bought by
Mckillip Terry L
Seller's Agent
Grant Meyers
Century 21 Affiliated
Buyer's Agent
Duey Hoff
Dickerson & Nieman Realtors
List Price
$84,900
Sold Price
$83,500
Premium/Discount to List
-$1,400
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$62,625
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2012
Bought by
Walker Terrance
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
Blue Violet Estate Llc $160,000 None Listed On Document
Mckillip Terry L $83,500 Alliance Title Co
Walker Terrance $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Violet Estate Llc $128,000
Previous Owner Mckillip Terry L $62,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2024 10/29/24 Sold $160,000 +10.3% --
09/14/2024 09/14/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $145,000 +73.7% --
06/07/2016 06/07/16 Sold $83,500 -1.6% -- View Prior Sale
04/19/2016 04/19/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $84,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,612 $38,112 $2,989 $35,123
2023 $3,489 $33,606 $2,636 $30,970
2022 $3,432 $30,037 $2,356 $27,681
2021 $3,376 $27,541 $2,160 $25,381
2020 $3,348 $26,036 $2,042 $23,994
2019 $3,324 $24,815 $1,946 $22,869
2018 $3,337 $23,386 $1,834 $21,552
2017 $3,321 $22,381 $1,755 $20,626
2016 $2,411 $21,961 $1,722 $20,239
2015 $1,221 $21,961 $1,722 $20,239
2014 $2,392 $21,964 $2,153 $19,811
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12159483

Midwest Real Estate Data (MRED)

APN: 11-24-354-004