NOT LISTED FOR SALE

1404 Jackson St Rockford, IL 61107

Jackson Oaks Neighborhood

Estimated Value: $94,000 - $124,227

4 Beds
4 Baths
1,500 Sq Ft
$74/Sq Ft Est. Value

Last Sold October 12, 2019

Last sale price $51,500 $34 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $808/month

13 Days on Market

Highlights

  • Balcony
  • Brick or Stone Mason
  • Forced Air Heating System

About This Home

As of October 2019

Just a couple blocks from Swedish American Hospital and downtown Rockford. This duplex has good rental history if you want to buy an investment property or perhaps you want to walk home for lunch in which case just rent out half and you affordably live in the other half. Each 750 sqr ft unit has 2 bedrooms , jack and jill full bath, kitchen , living room and dining room . The building has had a new roof, windows and gutters in the last 9 years. Front entrance remodel last week includes a composite porch floor. Many recent interior upgrades in both units. Separate laundry / storage areas and multiple entrances to both floors.

Last Agent to Sell the Property

Tricia Angell

Haylo Lifestyle Properties License #471001594 Listed on: 08/24/2019

Last Buyer's Agent

John Broda

Epique Realty License #475175662

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,301

Year Built

  • Built in 1949

Lot Details

  • 4,792

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Stove
  • Basement

Outdoor Features

  • Balcony

Schools

  • C Henry Bloom Elementary School
  • Abraham Lincoln Middle School
  • Rockford East 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

$2,301

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1500
  • Front: 55
  • General Features: Balcony
  • Legal Description: with title work
  • Lvt Date: 08/24/2019
  • Rear: 55
  • Side 1: 85.8
  • Side 2: 85.8
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 48930
  • Legal Account Yr: 1
  • Maintenance Yr: 1
  • Management Yr: 1
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 2
  • Other Yr: 1
  • Utilities Yr: 1
  • Agent Only_ L A1 User Code: 5781
  • Elementary School: C Henry Bloom Elementary
  • Pertinent Facts: Just a couple blocks from Swedish American Hospital and downtown Rockford. This duplex has good rental history if you want to buy an investment property or perhaps you want to walk home for lunch in which case just rent out half and you affordably live in the other half. Each 750 sqr ft unit has 2 bedrooms , jack and jill full bath, kitchen , living room and dining room . The building has had a new roof, windows and gutters in the last 9 years. Front entrance remodel last week includes a composite porch floor. Many recent interior upgrades in both units. Separate laundry / storage areas and multiple entrances to both floors.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

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

Building Info

  • Year Built: 1949

Tax Info

  • Year: 2018
  • Taxes: 2301

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
Apr 23, 2020
Sold by
Wallace Matt R
Bought by
E & W Property Group Llc
Current Estimated Value
$111,557

Purchase Details

Listed on
Aug 24, 2019
Closed on
Oct 11, 2019
Sold by
Switzer Stephen G and Switzer Catherine A
Bought by
Wallace Matt R and Edwards Scott R
Seller's Agent
Tricia Angell
Haylo Lifestyle Properties
Buyer's Agent
John Broda
Epique Realty
List Price
$59,900
Sold Price
$51,500
Premium/Discount to List
-$8,400
-14.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%
Original Mortgage
$42,000
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
E & W Property Group Llc -- Szeto Aaron N
Wallace Matt R $56,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Matt R $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2019 10/12/19 Sold $51,500 -14.0% $34 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
08/24/2019 08/24/19 For Sale $59,900 -- $40 / 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 $2,656 $28,028 $2,749 $25,279
2023 $2,407 $23,177 $2,424 $20,753
2022 $2,402 $20,716 $2,167 $18,549
2021 $2,328 $18,995 $1,987 $17,008
2020 $2,309 $17,957 $1,878 $16,079
2019 $2,293 $17,115 $1,790 $15,325
2018 $2,309 $16,128 $1,686 $14,442
2017 $2,290 $15,435 $1,614 $13,821
2016 $2,288 $15,146 $1,584 $13,562
2015 $2,317 $15,146 $1,584 $13,562
2014 $2,362 $15,878 $1,984 $13,894
Source: Public Records

Agents Affiliated with this Home

  • Tricia Angell

    Seller's Agent in 2019

    Tricia Angell

    Haylo Lifestyle Properties

    (815) 440-1739

    46 Total Sales

    Tricia Angell
    Section Image
  • John Broda

    Buyer's Agent in 2019

    John Broda

    Epique Realty

    (815) 847-0359

    1 in this area

    82 Total Sales

    John Broda
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201905431

NorthWest Illinois Alliance of REALTORS®

APN: 11-24-307-014

Illinois Winnebago County Rockford 61107 Jackson Oaks

1404 Jackson St, Rockford, IL

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