NOT LISTED FOR SALE

1429 Greenwood Ave Rockford, IL 61107

Jackson Oaks Neighborhood

Estimated Value: $161,534 - $211,000

6 Beds
2 Baths
3,224 Sq Ft
$58/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $149,900 $46 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,170/month

8 Days on Market

About This Home

As of August 2023

Discover the perfect investment opportunity with this spacious 2 unit building. Each side boasts 3 bedrooms, 1 bath, a large living room and dining room, as well as an enclosed sun porch perfect for additional living space. This property also features a fenced back yard and a sizable 3 car garage. The tenant in the 1429 unit currently pays $800/month and has been given notice, making this the perfect opportunity to maximize potential rental income. Additionally, unit 1431 has recently been updated with new paint throughout and new carpet in the bedrooms and upstairs hall, ensuring a fresh, new look for potential tenants or owners. *Property for sale AS-IS

Last Agent to Sell the Property

Sully Cadengo

Realty of America, LLC License #475205557 Listed on: 06/16/2023

Last Buyer's Agent

Amber Wilson

Key Realty, Inc License #475197973

Key Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 1910

Lot Details

  • 0.28

Home Design

  • Duplex
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 3,224 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range
  • Washer and Dryer Hookup

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

$2,575

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: MULTIFAMILY
  • Exemptions: Owner
  • Front: 50
  • General Features: Porch Enclosed
  • Legal Description: E M REVELLS SUB OF PT OF BLKS 2 & 4 CROSBYS ADD LT 2 & E 1/2 LOT 3 BLOCK 2
  • Lvt Date: 06/16/2023
  • Rear: 50
  • Side 1: 161.7
  • Side 2: 161.7
  • Style: 2 Story
  • Type: 2 Units
  • Maintenance Yr: 1500
  • Management Yr: 1900
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 1
  • Number Of Units In Bldg: 2
  • Utilities Yr: 700
  • Agent Only_ L A1 User Code: 111057
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 3224
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Discover the perfect investment opportunity with this spacious 2 unit building. Each side boasts 3 bedrooms, 1 bath, a large living room and dining room, as well as an enclosed sun porch perfect for additional living space. This property also features a fenced back yard and a sizable 3 car garage. The tenant in the 1429 unit currently pays $800/month and has been given notice, making this the perfect opportunity to maximize potential rental income. Additionally, unit 1431 has recently been updated with new paint throughout and new carpet in the bedrooms and upstairs hall, ensuring a fresh, new look for potential tenants or owners. *Property for sale AS-IS
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 3224
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Stucco
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 3

Utilities

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

Building Info

  • Year Built: 1910

Tax Info

  • Year: 2022
  • Taxes: 2575

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
Jun 16, 2023
Closed on
Aug 2, 2023
Sold by
Realington Ent Llc-Next
Bought by
Brandon Ramondo M
Seller's Agent
Sully Cadengo
Realty of America, LLC
Buyer's Agent
Amber Wilson
Key Realty, Inc
List Price
$149,900
Sold Price
$149,900
Views
43
Current Estimated Value
$187,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,484
Avg. Annual Appreciation
10.48%
Original Mortgage
$142,405
Outstanding Balance
$138,859
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$48,525

Purchase Details

Closed on
May 22, 2023
Sold by
Davis Ricky Lee
Bought by
Realington Enterprises Llc-Next

Purchase Details

Closed on
May 8, 2023
Sold by
Midfirst Bank
Bought by
Davis Rick Lee

Purchase Details

Closed on
Jul 22, 2022
Sold by
Judicial Sales Corporation
Bought by
Midfirst Bank

Purchase Details

Closed on
Jul 31, 2009
Bought by
Jones Christopher A and Neal Heather
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brandon Ramondo M $150,000 None Listed On Document
Realington Enterprises Llc-Next -- None Listed On Document
Davis Rick Lee $72,000 None Listed On Document
Midfirst Bank -- Judicial Sales Corporation
Jones Christopher A $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandon Ramondo M $142,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Sold $149,900 0.0% $46 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $149,900 -- $46 / 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 -- $38,285 $7,018 $31,267
2023 $2,211 $31,935 $6,189 $25,746
2022 $2,576 $28,544 $5,532 $23,012
2021 $2,472 $26,172 $5,072 $21,100
2020 $2,410 $24,742 $4,795 $19,947
2019 $2,355 $23,582 $4,570 $19,012
2018 $2,295 $22,224 $4,307 $17,917
2017 $2,265 $21,269 $4,122 $17,147
2016 $2,246 $20,871 $4,045 $16,826
2015 $2,275 $20,871 $4,045 $16,826
2014 $2,477 $22,302 $5,068 $17,234
Source: Public Records

Agents Affiliated with this Home

  • Sully Cadengo

    Seller's Agent in 2023

    Sully Cadengo

    Realty of America, LLC

    (779) 203-3570

    2 in this area

    136 Total Sales

    Sully Cadengo
    Section Image
  • Amber Wilson

    Buyer's Agent in 2023

    Amber Wilson

    Key Realty, Inc

    (815) 581-9471

    1 in this area

    49 Total Sales

    Amber Wilson
    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202303303

NorthWest Illinois Alliance of REALTORS®

APN: 11-24-307-026

Illinois Winnebago County Rockford 61107 Jackson Oaks

1429 Greenwood Ave, Rockford, IL

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.

Nearby Homes