NOT LISTED FOR SALE

Estimated Value: $250,000 - $301,000

8 Beds
4 Baths
3,608 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 21, 2015

Last sale price $104,000 $29 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,834/month

21 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • Laundry Facilities
  • 1-Story Property

About This Home

As of October 2015

Very well maintained all brick four-family. All units are rented; currently monthly income $2,250. New roof; separate utilities; full basement with washer/dryer hookup for each unit. Off-street parking. Great cash flow. Sold As-Is to settle estate

Last Agent to Sell the Property

Michael Oslund

Key Realty, Inc License #475114835 Listed on: 08/31/2015

Key Realty, Inc

Last Buyer's Agent

Mikhaele Renton

Gambino Realtors License #475164296

Gambino Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,743

Year Built

  • Built in 1963

Lot Details

  • 10,454

Parking

  • 6 Car Parking Spaces

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 3,608 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Schools

  • Rolling Green Elementary School
  • Bernard W Flinn Middle School
  • Rockford East High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 4 Units
  • 1-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,743

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 3608
  • Front: 75
  • General Features: Laundry in Building
  • Legal Description: N 75 Ft W 140.07 Ft S of + Adj Lot 1 Blk 7 Broadview Hgts SW 1/4 Sec: 30 TWP: 044 Range 002 Acres .24
  • Rear: 75
  • Side 1: 140.07
  • Side 2: 140.07
  • Style: 1 Story
  • Type: 3 - 4 Units
  • Total Assessed Value: 18309
  • Calculate Cap Rate: Yes
  • Maintenance Yr: 1500
  • Management Yr: 2430
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Utilities Yr: 1000
  • Agent Only_ L A1 User Code: 4454
  • Elementary School: Rolling Green
  • Pertinent Facts: Very well maintained all brick four-family. All units are rented; currently monthly income $2,250. New roof; separate utilities; full basement with washer/dryer hookup for each unit. Off-street parking. Great cash flow. Sold As-Is to settle estate
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 6

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1963

Tax Info

  • Year: 2014
  • Taxes: 2743

MLS Schools

  • HighSchool: Rockford East High
  • School District: Rockford 205
  • Middle School: Bernard W Flinn Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2023
Sold by
Lantow Steven B
Bought by
Potapa Jaroslaw
Current Estimated Value
$277,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$146,063
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$131,388

Purchase Details

Listed on
Aug 31, 2015
Closed on
Sep 26, 2015
Sold by
Tuite Michael P
Bought by
Lantow Steven B
Seller's Agent
Michael Oslund
Key Realty, Inc
Buyer's Agent
Mikhaele Renton
Gambino Realtors
List Price
$105,000
Sold Price
$104,000
Premium/Discount to List
-$1,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$78,000
Interest Rate
5%
Mortgage Type
New Conventional
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
Potapa Jaroslaw $220,000 --
Lantow Steven B $104,000 Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potapa Jaroslaw $165,000
Previous Owner Lantow Steven B $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2015 10/21/15 Sold $104,000 -1.0% $29 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $105,000 -- $29 / 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 $4,494 $47,428 $4,068 $43,360
2023 $4,342 $41,820 $3,587 $38,233
2022 $4,271 $37,379 $3,206 $34,173
2021 $4,201 $34,274 $2,940 $31,334
2020 $4,166 $32,401 $2,779 $29,622
2019 $4,137 $30,882 $2,649 $28,233
2018 $3,477 $29,103 $2,496 $26,607
2017 $4,132 $27,853 $2,389 $25,464
2016 $2,765 $18,307 $2,344 $15,963
2015 $2,800 $18,307 $2,344 $15,963
2014 $2,743 $18,309 $2,930 $15,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201505624

NorthWest Illinois Alliance of REALTORS®

APN: 12-30-355-012