NOT LISTED FOR SALE

1416 E Gate Pkwy Rockford, IL 61108

Estimated Value: $156,000 - $165,000

2 Beds
2 Baths
1,273 Sq Ft
$126/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $101,000 $79 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,126/month

4 Days on Market

Highlights

  • Recreation Room
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Enclosed patio or porch

About This Home

As of January 2021

All brick well maintained home. Beautiful hardwood floors. Large living room dining room with lots of natural light. 3 seasons room overlooking the backyard.Concrete driveway. Finished basement with bar , 1/2 bathroom and lots of space for storage. Appliances stay.

Last Agent to Sell the Property

Andrew Kordash

BHHS Crosby Starck License #475143689 Listed on: 11/18/2020

BHHS Crosby Starck

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,967

Year Built

  • 1961

Lot Details

  • 0.33

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Finished Basement

  • English Basement
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Recreation Room
  • Enclosed patio or porch

Listing and Financial Details

  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,967

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 1 Story
  • Estimated Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 21X15, On Level: Main Level
  • Basement: English
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 13X10, On Level: Main Level
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level
  • Additional Rooms: Recreation Room, Enclosed Porch
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level
  • Additional Room 1 Name: Recreation Rm, Dimensions: 30X20, On Level: Lower
  • Additional Room 2 Name: Enclosed Porch, Dimensions: 21X8, On Level: Main Level
  • Bedroom 2: Dimensions: 10X11, On Level: Main Level
  • Estimated Sq Ft: 1273

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.33

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1273

Schools

  • School District: 205
  • Junior High Dist: 205

Lot Info

  • Lot Dimensions: 134.58X140X80X90.37
  • Parcel Identification Number: 1230480001

Tax Info

  • Taxes: 2450.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 15, 2021
Sold by
Smith William H and Smith Lluliana
Bought by
Gei Thang
Seller's Agent
Andrew Kordash
BHHS Crosby Starck
Buyer's Agent
Non Member
NON MEMBER
List Price
$96,500
Sold Price
$101,000
Premium/Discount to List
$4,500
4.66%
Current Estimated Value
$160,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,602
Avg. Annual Appreciation
9.85%
Original Mortgage
$95,950
Outstanding Balance
$85,910
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$69,080

Purchase Details

Listed on
Feb 17, 2015
Closed on
Apr 24, 2015
Sold by
Kamens Marie C Trust 2014
Bought by
Smith William H and Solache Ll
Seller's Agent
Matt Humpal
Re/Max Property Source
Buyer's Agent
HAR Reciprocal
HAR Reciprocal Listings
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$68,633
Interest Rate
4.5%
Mortgage Type
FHA
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
Gei Thang $101,000 None Listed On Document
Smith William H $69,900 Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gei Thang $95,950
Previous Owner Smith William H $68,633
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $101,000 +4.7% $79 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $96,500 +38.1% $76 / Sq Ft
04/24/2015 04/24/15 Sold $69,900 0.0% $55 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $69,900 -- $55 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,967 $37,307 $7,467 $29,840
2023 $2,793 $32,896 $6,584 $26,312
2022 $2,674 $29,403 $5,885 $23,518
2021 $2,569 $26,960 $5,396 $21,564
2020 $2,506 $25,487 $5,101 $20,386
2019 $2,451 $24,292 $4,862 $19,430
2018 $2,176 $22,893 $4,582 $18,311
2017 $2,567 $21,909 $4,385 $17,524
2016 $2,614 $21,499 $4,303 $17,196
2015 $1,882 $21,499 $4,303 $17,196
2014 -- $23,250 $5,368 $17,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10936769

Midwest Real Estate Data (MRED)

APN: 12-30-480-001