NOT LISTED FOR SALE

Estimated Value: $109,000 - $134,000

-- Bed
2 Baths
1,779 Sq Ft
$68/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $72,500 $41 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $859/month

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • Wood Siding

About This Home

As of September 2022

Excellent Cash Flow! Both units are rented with a combined income of $1,450 a month! All brick home with newly finished hardwood floors.

Last Agent to Sell the Property

Mark Fiorello

Gambino Realtors License #475189877 Listed on: 08/24/2022

Gambino Realtors

Last Buyer's Agent

Carlos Serna

Century 21 Affiliated License #475161572

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,544

Lot Details

  • 4,792

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,779 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range

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

$2,544

Lot Details

0

Listing Details

  • Electric: Fuses
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1779
  • Front: 45
  • Legal Description: GEO E SCOTTS AVONDALE ADD IN SE PT SEC 25-44-1 LOT 003 BLOCK 015
  • Lvt Date: 08/24/2022
  • Rear: 45
  • Side 1: 110
  • Side 2: 110
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 3
  • Number Of Units In Bldg: 2
  • Utilities Yr: 1000
  • Agent Only_ L A1 User Code: 110604
  • Elementary School: Constance Lane Elementary School
  • Estimated Total Finished Sq Ft: 1779
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Excellent Cash Flow! Both units are rented with a combined income of $1,450 a month! All brick home with newly finished hardwood floors.
  • 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: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1779
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Wood
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

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

Tax Info

  • Year: 2021
  • Taxes: 2544

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

Closed on
Oct 18, 2024
Sold by
Triplux Enterprise Llc
Bought by
Rios Jose I
Current Estimated Value
$120,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$79,552
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$40,573

Purchase Details

Listed on
Aug 24, 2022
Closed on
Sep 16, 2022
Sold by
Phillip Peerboom
Bought by
Triplux Llc
Seller's Agent
Mark Fiorello
Gambino Realtors
Buyer's Agent
Carlos Serna
Century 21 Affiliated
List Price
$75,000
Sold Price
$72,500
Premium/Discount to List
-$2,500
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%

Purchase Details

Listed on
Aug 31, 2021
Closed on
Dec 15, 2021
Sold by
Gomez Maria M
Bought by
Peerboom Phillip
Seller's Agent
Dawn Kahle
DICKERSON & NIEMAN
Buyer's Agent
Mark Fiorello
Gambino Realtors
List Price
$67,000
Sold Price
$60,000
Premium/Discount to List
-$7,000
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.14%
Original Mortgage
$45,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 1998
Bought by
Gomez Maria
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rios Jose I $110,000 None Listed On Document
Rios Jose I $110,000 None Listed On Document
Triplux Llc $72,500 --
Peerboom Phillip $60,000 Schlueter Ecklund & Davitt/Jh
Gomez Maria $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Jose I $82,500
Closed Rios Jose I $82,500
Previous Owner Peerboom Phillip $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold $72,500 -3.3% $41 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $75,000 +25.0% $42 / Sq Ft
12/21/2021 12/21/21 Sold $60,000 -4.8% $34 / Sq Ft View Prior Sale
11/02/2021 11/02/21 Pending -- -- --
09/23/2021 09/23/21 Price Changed $63,000 -6.0% $35 / Sq Ft
08/31/2021 08/31/21 For Sale $67,000 -- $38 / 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 $2,723 $28,730 $2,875 $25,855
2023 $2,630 $25,333 $2,535 $22,798
2022 $2,587 $22,643 $2,266 $20,377
2021 $2,545 $20,762 $2,078 $18,684
2020 $2,524 $19,627 $1,964 $17,663
2019 $2,506 $18,707 $1,872 $16,835
2018 $2,766 $19,319 $1,765 $17,554
2017 $2,743 $18,489 $1,689 $16,800
2016 $2,741 $18,142 $1,657 $16,485
2015 $2,775 $18,142 $1,657 $16,485
2014 $2,816 $18,930 $2,077 $16,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202205678

NorthWest Illinois Alliance of REALTORS®

APN: 11-25-480-018