NOT LISTED FOR SALE

1321 Magnolia St Rockford, IL 61104

Riverview Neighborhood

Estimated Value: $82,000 - $131,000

3 Beds
2 Baths
2,204 Sq Ft
$52/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $63,000 $29 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $761/month

23 Days on Market

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • 4-minute walk to Beyer Peaches Stadium
  • Brick or Stone Mason

About This Home

As of July 2018

Perfectly maintained charming 2 unit 2 story building. Both units in move-in condition. 4 Car garage, plenty of parking spots. LL owner occupied 1 BR, 1 Bath. UL 2 BR, 1 Bath. Full kitchen in both units. Newer roof and mechanicals, separate utilities. Tax reflects Senior Owner Freeze.

Last Agent to Sell the Property

Miroslaw Niemiec

Key Realty, Inc License #475160325 Listed on: 04/27/2018

Key Realty, Inc

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

  • $669

Year Built

  • Built in 1918

Parking

  • 8 Car Parking Spaces

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2,204 Sq Ft Home
  • 2-Story Property
  • Sump Pump
  • Oven

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$669

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Dryer, Refrigerator, Sump Pump, Oven, Washer
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2204
  • Exemptions: Owner, Senior, Senior Freeze
  • Front: 41.5
  • General Features: Balcony, Laundry in Unit
  • Grid: 71
  • Legal Description: NELSONS ADD TO THE CITY OF ROCKFORD LOT 014 BLOCK 003
  • Lvt Date: 04/27/2018
  • Rear: 41.5
  • Side 1: 150
  • Side 2: 150
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 14680.00
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 1200
  • Agent Only_ L A1 User Code: 10324
  • Elementary School: Beyer Elementary
  • Pertinent Facts: Perfectly maintained charming 2 unit 2 story building. Both units in move-in condition. 4 Car garage, plenty of parking spots. LL owner occupied 1 BR, 1 Bath. UL 2 BR, 1 Bath. Full kitchen in both units. Newer roof and mechanicals, separate utilities. Tax reflects Senior Owner Freeze.
  • L O1 Brokerage Number: 477012769
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 8

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: Beyer Elementary
  • Middle School: Abraham Lincoln Middle
  • High School: Rockford East High

Building Info

  • Year Built: 1918

Tax Info

  • Year: 2017
  • Taxes: 669

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
Apr 27, 2018
Closed on
Jul 27, 2018
Sold by
Wladyslawa Kepkiewicz and Wladyslawa Thaddeus Kepki
Bought by
Castaneda Gemma
Seller's Agent
Miroslaw Niemiec
Key Realty, Inc
Buyer's Agent
Fidel Batres
Keller Williams Realty Signature
List Price
$70,000
Sold Price
$63,000
Premium/Discount to List
-$7,000
-10%
Current Estimated Value
$114,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,759
Avg. Annual Appreciation
8.70%
Original Mortgage
$7,500
Interest Rate
4.5%
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
Castaneda Gemma $63,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castaneda Gemma $7,500
Previous Owner Castaneda Gemma $58,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $63,000 -10.0% $29 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $70,000 -- $32 / 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 $1,836 $25,375 $3,711 $21,664
2023 $1,700 $22,374 $3,272 $19,102
2022 $1,425 $18,475 $2,926 $15,549
2021 $1,341 $16,940 $2,683 $14,257
2020 $1,288 $16,014 $2,536 $13,478
Source: Public Records

Agents Affiliated with this Home

  • Miroslaw Niemiec

    Seller's Agent in 2018

    Miroslaw Niemiec

    Key Realty, Inc

    (815) 997-8188

    144 Total Sales

    Miroslaw Niemiec
    Section Image
  • Fidel Batres

    Buyer's Agent in 2018

    Fidel Batres

    Keller Williams Realty Signature

    (815) 677-8331

    4 in this area

    1,097 Total Sales

    Fidel Batres
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201802137

NorthWest Illinois Alliance of REALTORS®

APN: 11-27-480-016

Illinois Winnebago County Rockford 61104 Riverview

1321 Magnolia St, Rockford, IL

This home is located at 1321 Magnolia St, Rockford, IL 61104 since 27 April 2018 and is currently estimated at $114,759, approximately $52 per square foot. This property was built in 1918. 1321 Magnolia St is a home located in Winnebago County with nearby schools including Beyer Early Childhood Center, Constance Lane Elementary School, and Abraham Lincoln Middle 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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