NOT LISTED FOR SALE

1507 1st Ave Rock Falls, IL 61071

Estimated Value: $62,000 - $80,000

2 Beds
1 Bath
736 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $50,000 $68 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $518/month

Highlights

  • Patio
  • Living Room
  • 1-Story Property
  • Rock Falls Middle School Rated 9+
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Zoned B-1 General business. Would make a great small office or a rental property. 2 Bedrooms, full basement, 22x14 patio, laundry hookups in lower level, 100-amp electric service. Roof approximate 10 years old. Lot size is approximate and there is alley access on the oversized lot! This property is in Estate!

Last Agent to Sell the Property

David DeVries

Xtreme Realty License #471006544 Listed on: 07/15/2022

Co-Listed By

Tracy DeVries

Xtreme Realty License #475161740

Last Buyer's Agent

Angela Schmidt

Keller Williams Realty Signature License #475195153

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $590

Year Built

  • Built in 1952

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 60x264

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 736 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Patio

Schools

  • Rock Falls Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$590

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1952
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Freezer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Full Bath
  • LivingArea: 736
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 56500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • ParkingTotal: 3
  • Number of Cars: 3
  • Driveway: Concrete
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Rock Falls Township High School
  • Middle/Junior School District: 13

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.36
  • Lot Dimensions: 60X264
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 589.94
  • Tax Year: 2021
  • Tax Exemptions: Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 2, 2022
Sold by
Lawrence Nusbaum
Bought by
Thomsen Laura Christine
Seller's Agent
David DeVries
Xtreme Realty
Buyer's Agent
Angela Schmidt
Keller Williams Realty Signature
List Price
$56,500
Sold Price
$50,000
Premium/Discount to List
-$6,500
-11.5%
Current Estimated Value
$70,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,692
Avg. Annual Appreciation
14.73%
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
Thomsen Laura Christine $50,000 Kilgus Walter C
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Sold $50,000 -11.5% $68 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $56,500 -- $77 / 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 $1,575 $22,356 $11,419 $10,937
2023 $1,415 $20,618 $10,531 $10,087
2022 $918 $18,940 $9,929 $9,011
2021 $590 $17,919 $9,394 $8,525
2020 $601 $17,612 $9,233 $8,379
2019 $590 $16,982 $8,903 $8,079
2018 $565 $16,604 $8,705 $7,899
2017 $575 $16,293 $8,542 $7,751
2016 $574 $16,019 $8,398 $7,621
2015 $626 $16,827 $8,822 $8,005
2014 $591 $16,377 $8,586 $7,791
2013 $626 $16,827 $8,822 $8,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11465467

Midwest Real Estate Data (MRED)

APN: 1134153001