NOT LISTED FOR SALE

1418 Sandy Hollow Rd Rockford, IL 61109

Estimated Value: $114,000 - $137,000

28 Beds
14 Baths
-- Sq Ft
5.6 Acres

Last Sold June 22, 2022

Last sale price $2,499,000

Current estimated payment $898/month

About This Home

As of June 2022

96-pad MHP on city water/sewer. 69-pads are TOH, 4-pads are POH, and 10-pads are vacant trailers that will need to be removed or renovated.

Last Agent to Sell the Property

Jon Fisher

MR. LANDMAN License #471020503 Listed on: 06/22/2022

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,000

Year Built

  • Built in 1970

Lot Details

  • 5.6 Acre Lot
  • Lot Dimensions are 400 x 610
  • Additional Parcels

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 14 Bathrooms

Additional Features

  • 1-Story Property
  • Separate Meters

Community Details

  • 14 Units

Listing and Financial Details

  • Tenant pays for air conditioning, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,000

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 1
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • Information: No Sign on Property
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 14
  • Total Bedrooms: 28
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Frontage Type: City Street
  • List Price: 2499000

Utilities

  • Heat/Ventilation: Separate Per Unit

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 5.6
  • Lot Dimensions: 400 X 610
  • Lot Size Sq Ft: 243936
  • Zoning: OTHER

Rental Info

  • Tenant Pays: Air Conditioning, Heat
  • Board Number: 22

Multi Family

  • NumberOfUnitsTotal: 14
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 23000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jun 8, 2022
Sold by
Family Manufactured Home Community Llc
Bought by
Evergreen Fmc Llc
Seller's Agent
Jon Fisher
MR. LANDMAN
Buyer's Agent
Non Member
NON MEMBER
List Price
$2,499,000
Sold Price
$2,499,000
Current Estimated Value
$125,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,373,449
Avg. Annual Appreciation
-59.05%
Original Mortgage
$14,100,000
Outstanding Balance
$13,394,973
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
-$13,269,422
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
Evergreen Fmc Llc $2,500,000 Security First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evergreen Fmc Llc $14,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2022 06/22/22 Sold $2,499,000 0.0% --
06/22/2022 06/22/22 For Sale $2,499,000 -- --
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 $2,856 $30,135 $2,117 $28,018
2023 $2,759 $26,572 $1,867 $24,705
2022 $2,714 $23,751 $1,669 $22,082
2021 $2,669 $21,778 $1,530 $20,248
2020 $2,647 $20,588 $1,446 $19,142
2019 $2,629 $19,622 $1,378 $18,244
2018 $2,794 $19,517 $1,299 $18,218
2017 $2,771 $18,678 $1,243 $17,435
2016 $2,769 $18,328 $1,220 $17,108
2015 $2,804 $18,328 $1,220 $17,108
2014 $2,943 $20,009 $1,520 $18,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11443460

Midwest Real Estate Data (MRED)

APN: 15-01-357-004