NOT LISTED FOR SALE

Estimated Value: $50,000 - $113,000

3 Beds
2 Baths
1,868 Sq Ft
$48/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $38,000 $20 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $576/month

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Wood Siding

About This Home

As of July 2021

Duplex. Upper unit vacant - Kitchen 13.4x10.6, Living Room 13.4x13, Bedroom 1 13.6x12, Bedroom 2 9.9x8.10, Bonus Area 9.7x7, new carpet and kitchen flooring. Lower unit tenant-occupied has 1 Bedroom could be 2 and can be shown with strong interest. 2 furnaces 2008. 1 water heater 2019. Chimney Liner 2013. Separate Utilities. Pictures of lower occupied unit are older. Agent Owned.

Last Agent to Sell the Property

Lyle McKinney

Gambino Realtors License #475126885 Listed on: 06/22/2021

Gambino Realtors

Last Buyer's Agent

Malcolm Payne

Payne Realty License #471017737

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,186

Lot Details

  • 4,356

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,868 Sq Ft Home
  • 2-Story Property
  • Stove
  • Basement

Location

  • Property is near public transit

Schools

  • Constance Lane Elementary School
  • Abraham Lincoln Middle School
  • Rockford East High School

Utilities

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

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,186

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1868
  • Front: 53.9
  • General Features: On Bus Route
  • Legal Description: E H POTTERS ADDN W 53.9 FT OF N 1/2 LOT 009 BLOCK 007
  • Lvt Date: 06/22/2021
  • Rear: 53.9
  • Side 1: 82.9
  • Side 2: 82.9
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 27660
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 1
  • Number Of Units In Bldg: 2
  • Utilities Yr: 1941
  • Agent Only_ L A1 User Code: 4870
  • Elementary School: Constance Lane Elementary School
  • Estimated Total Finished Sq Ft: 1868
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Duplex. Upper unit vacant - Kitchen 13.4x10.6, Living Room 13.4x13, Bedroom 1 13.6x12, Bedroom 2 9.9x8.10, Bonus Area 9.7x7, new carpet and kitchen flooring. Lower unit tenant-occupied has 1 Bedroom could be 2 and can be shown with strong interest. 2 furnaces 2008. 1 water heater 2019. Chimney Liner 2013. Separate Utilities. Pictures of lower occupied unit are older. Agent Owned.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Utilities

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

Tax Info

  • Year: 2020
  • Taxes: 1186

MLS Schools

  • HighSchool: Rockford East High
  • School District: Rockford 205
  • Middle School: Abraham Lincoln Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 30, 2021
Sold by
Mckinney Lyle E
Bought by
Shultis Brian and Shultis Michelle
Seller's Agent
Lyle McKinney
Gambino Realtors
Buyer's Agent
Malcolm Payne
Payne Realty
List Price
$40,000
Sold Price
$38,000
Premium/Discount to List
-$2,000
-5%
Current Estimated Value
$89,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,298
Avg. Annual Appreciation
22.27%
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
Shultis Brian $38,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $38,000 -5.0% $20 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $40,000 0.0% $21 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $40,000 -- $21 / 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 $1,304 $13,757 $1,003 $12,754
2023 $1,260 $12,130 $884 $11,246
2022 $1,257 $10,842 $790 $10,052
2021 $1,195 $9,753 $724 $9,029
2020 $1,186 $9,220 $684 $8,536
2019 $1,177 $8,788 $652 $8,136
2018 $1,182 $8,281 $614 $7,667
2017 $1,176 $7,926 $588 $7,338
2016 $1,340 $8,873 $577 $8,296
2015 $679 $8,873 $577 $8,296
2014 $1,676 $11,970 $723 $11,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202103232

NorthWest Illinois Alliance of REALTORS®

APN: 11-25-153-002