NOT LISTED FOR SALE

Estimated Value: $81,000 - $152,000

-- Bed
4 Baths
2,220 Sq Ft
$48/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $61,000 $27 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $755/month

Highlights

  • Hot Water Heating System
  • Laundry Facilities
  • 4-minute walk to Beattie Park Playground

About This Home

As of October 2022

Four one bedroom, one bath units. Full basement, boiler heat, no a/c. Owner pays all utilities. Vacant, easy to show. Sold as is.

Last Agent to Sell the Property

Alan Huston

Riverside Realty, Inc. License #471009395 Listed on: 04/21/2022

Last Buyer's Agent

Alan Huston

Riverside Realty, Inc. License #471009395 Listed on: 04/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,453

Lot Details

  • 7,841

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range

Parking

  • 8 Car Parking Spaces
  • Additional Parking

Schools

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

Utilities

  • Hot Water Heating System
  • Gas Water Heater

Community Details

Overview

  • 4 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,453

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 53.33
  • General Features: Additional Parking, Laundry in Building
  • Grid: 54
  • Legal Description: JOHNSON & WANSTROM ADDN LOT 9 BLOCK 2
  • Lvt Date: 04/21/2022
  • Rear: 53.33
  • Side 1: 150
  • Side 2: 150
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Annual Insurance Expense: 850
  • Maintenance Yr: 450
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 4
  • Utilities Yr: 5200
  • Agent Only_ L A1 User Code: 4555
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 2220
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Four one bedroom, one bath units. Full basement, boiler heat, no a/c. Owner pays all utilities. Vacant, easy to show. Sold as is.
  • Designated Managing Broker Y N: Yes
  • Separate Electric: No
  • Separate Heat: No
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 2220
  • L O1 Brokerage Number: 478012990
  • S O1 Brokerage Number: 478012990
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 27.48
  • Basement: Yes

Exterior Features

  • Exterior: Stucco
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 8

Utilities

  • Heating: Hot Water/Steam
  • Sewer: City
  • Water: City
  • Water Heater: Gas

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: 2453

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
Apr 21, 2022
Closed on
Oct 11, 2022
Sold by
Kruse Melvin C
Bought by
Inspired Capital Llc Series 19
Seller's Agent
Alan Huston
Riverside Realty, Inc.
Buyer's Agent
Alan Huston
Riverside Realty, Inc.
List Price
$84,900
Sold Price
$61,000
Premium/Discount to List
-$23,900
-28.15%
Current Estimated Value
$106,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,000
Avg. Annual Appreciation
16.66%

Purchase Details

Closed on
Jul 3, 2007
Bought by
Kruse Melvin
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
Inspired Capital Llc Series 19 $61,000 Security First Title
Kruse Melvin $44,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inspired Capital Llc $554,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $61,000 -28.2% $27 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $84,900 +39.2% $38 / Sq Ft
08/22/2022 08/22/22 Off Market $61,000 -- --
07/06/2022 07/06/22 Price Changed $91,000 -4.1% $41 / Sq Ft
06/25/2022 06/25/22 Price Changed $94,900 -5.0% $43 / Sq Ft
06/21/2022 06/21/22 Price Changed $99,900 -9.1% $45 / Sq Ft
06/11/2022 06/11/22 Price Changed $109,900 -8.3% $50 / Sq Ft
05/11/2022 05/11/22 For Sale $119,900 0.0% $54 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $119,900 -- $54 / 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 $2,185 $23,058 $3,134 $19,924
2023 $2,111 $20,331 $2,763 $17,568
2022 $2,515 $22,011 $2,470 $19,541
2021 $2,474 $20,183 $2,265 $17,918
2020 $2,453 $19,080 $2,141 $16,939
2019 $2,436 $18,186 $2,041 $16,145
2018 $2,454 $17,139 $1,923 $15,216
2017 $2,433 $16,402 $1,840 $14,562
2016 $2,431 $16,095 $1,806 $14,289
2015 $2,462 $16,095 $1,806 $14,289
2014 $2,513 $16,892 $2,258 $14,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202202331

NorthWest Illinois Alliance of REALTORS®

APN: 11-24-155-012