NOT LISTED FOR SALE

1316 School St Rockford, IL 61101

West Gateway Coalition Neighborhood

Estimated Value: $62,000 - $73,000

-- Bed
2 Baths
2,640 Sq Ft
$26/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $40,000 $15 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $424/month

4 Days on Market

Highlights

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

About This Home

As of October 2021

Spectacular opportunity with this mostly renovated duplex. Do the finishing touches and start making money! New roof decking and shingles installed. Updated bathrooms in each unit. Beautiful hardwood floors throughout. Large and partially fenced backyard. On and off-street parking. Don't miss out on this deal!

Last Agent to Sell the Property

Dawayne Robinson

Kingdom Realty & Property Management License #471007400 Listed on: 09/13/2021

Last Buyer's Agent

Fidel Batres

Keller Williams Realty Signature License #475133262

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $930

Lot Details

  • 7,841

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Stove
  • Range

Location

  • Property is near public transit

Schools

  • District 205-Rfd Elementary And Middle School
  • District 205-Rfd High School

Utilities

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

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$930

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1760
  • Estimated Below Grade Finished Sq Ft: 880
  • Front: 47
  • General Features: On Bus Route
  • Grid: 18
  • Legal Description: KNAPP + ROBERTSONS SUB PT NW 1/4 SEC 22-44-1 WPT LOT 2 + ALL LOT 001 BLOCK 002
  • Lvt Date: 09/13/2021
  • Rear: 45
  • Side 1: 150
  • Side 2: 150
  • Style: 2 Story
  • Type: 2 Units
  • Annual Insurance Expense: 450
  • Legal Account Yr: 300
  • Maintenance Yr: 1200
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 2
  • Utilities Yr: 1200
  • Agent Only_ L A1 User Code: 5986
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 2640
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Spectacular opportunity with this mostly renovated duplex. Do the finishing touches and start making money! New roof decking and shingles installed. Updated bathrooms in each unit. Beautiful hardwood floors throughout. Large and partially fenced backyard. On and off-street parking. Don't miss out on this deal!
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 1760
  • L O1 Brokerage Number: 478025882
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 15.15
  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 3

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Tax Info

  • Year: 2020
  • Taxes: 930

MLS Schools

  • HighSchool: District 205-RFD
  • School District: Rockford 205
  • Middle School: District 205-RFD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Sep 28, 2021
Sold by
Robert Goldsmith
Bought by
Gallegos Julio and Sanchez Karla J
Seller's Agent
Dawayne Robinson
Kingdom Realty & Property Management
Buyer's Agent
Fidel Batres
Keller Williams Realty Signature
List Price
$44,900
Sold Price
$40,000
Premium/Discount to List
-$4,900
-10.91%
Current Estimated Value
$69,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,048

Purchase Details

Closed on
Jan 11, 2017
Sold by
Evolving Property Invs Llc
Bought by
Goldsmith Robert
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
Gallegos Julio $40,000 Kelly C Connor Pc
Goldsmith Robert -- Security First Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $40,000 -10.9% $15 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $44,900 -- $17 / 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 $578 $10,588 $717 $9,871
2023 $633 $9,336 $632 $8,704
2022 $697 $8,345 $565 $7,780
2021 $938 $7,652 $518 $7,134
2020 $930 $7,234 $490 $6,744
2019 $924 $6,895 $467 $6,428
2018 $997 $6,965 $441 $6,524
2017 $989 $6,666 $422 $6,244
2016 $988 $6,541 $414 $6,127
2015 $1,001 $6,541 $414 $6,127
2014 $1,011 $6,797 $519 $6,278
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dawayne Robinson

    Kingdom Realty & Property Management

    (815) 985-9562

    2 in this area

    24 Total Sales

    Section Image
  • Fidel Batres

    Buyer's Agent in 2021

    Fidel Batres

    Keller Williams Realty Signature

    (815) 677-8331

    58 in this area

    1,101 Total Sales

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202105883

NorthWest Illinois Alliance of REALTORS®

APN: 11-22-126-007

Illinois Winnebago County Rockford 61101 West Gateway Coalition

1316 School St, Rockford, IL

This home is located at 1316 School St, Rockford, IL 61101 since 13 September 2021 and is currently estimated at $69,048, approximately $26 per square foot. 1316 School St is a home located in Winnebago County with nearby schools including Lewis Lemon Elementary School, Kennedy Middle School, and Auburn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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