NOT LISTED FOR SALE

Estimated Value: $125,000 - $159,000

4 Beds
2 Baths
2,402 Sq Ft
$59/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $83,000 $35 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,001/month

Highlights

  • Brick or Stone Mason
  • Central Air
  • Hot Water Heating System

About This Home

As of August 2021

INVESTOR OPPORTUNITY! Beautiful brick 2-story, 2-unit money maker! Both units have 2 bedrooms and 1 bath, featuring hardwood floors and charming historic details. Building is fully occupied by tenants who have been there for years. Rent is $550 each unit. Legally non-conforming. Garage is in poor condition. Owner will provide a $10,000 credit to Buyer for Buyer to do garage repairs. Garage sold as-is. Agent owned.

Last Agent to Sell the Property

Gregory Osen

Stateline Real Estate LLC License #471019918 Listed on: 04/21/2021

Co-Listed By

Alison Rotello

Stateline Real Estate LLC License #475183715

Last Buyer's Agent

Alison Rotello

Stateline Real Estate LLC License #475183715

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,452

Lot Details

  • 6,970

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2,402 Sq Ft Home
  • 2-Story Property
  • Oven
  • Washer and Dryer Hookup
  • Basement

Schools

  • Constance Lane Elementary School
  • Abraham Lincoln Middle School
  • Rockford East High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,452

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2402
  • Front: 51
  • Grid: 75
  • Legal Description: WOODRUFFS 3RD ADDN LOT 12 + W 17 FT LOT 013 BLOCK 002
  • Lvt Date: 04/22/2021
  • Rear: 51
  • Side 1: 140
  • Side 2: 140
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 54920
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 110158
  • Elementary School: Constance Lane Elementary School
  • Estimated Total Finished Sq Ft: 2402
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: INVESTOR OPPORTUNITY! Beautiful brick 2-story, 2-unit money maker! Both units have 2 bedrooms and 1 bath, featuring hardwood floors and charming historic details. Building is fully occupied by tenants who have been there for years. Rent is $550 each unit. Legally non-conforming. Garage is in poor condition. Owner will provide a $10,000 credit to Buyer for Buyer to do garage repairs. Garage sold as-is. Agent owned.
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • L O1 Brokerage Number: 481012800
  • L O2 Brokerage Number: 481012800
  • S O1 Brokerage Number: 481012800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 34.55
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Hot Water/Steam
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Rockford 205
  • Elementary School: Constance Lane Elementary School
  • Middle School: Abraham Lincoln Middle
  • High School: Rockford East High

Tax Info

  • Year: 2019
  • Taxes: 2452

MLS Schools

  • HighSchool: Rockford East High
  • School District: Rockford 205
  • Middle School: Abraham Lincoln Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Stapleton Brian Justin and Mi Cha Hyeoun
Bought by
Miles Stapleton Properties 4Th Llc
Current Estimated Value
$141,965

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jul 30, 2021
Sold by
Putnick Matthew C
Bought by
Stapleton Brian Justin and Cha Hyeounmi
Seller's Agent
Gregory Osen
Stateline Real Estate LLC
Buyer's Agent
Alison Rotello
Stateline Real Estate LLC
List Price
$99,000
Sold Price
$83,000
Premium/Discount to List
-$16,000
-16.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$105,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Bought by
Putnick Matthew
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
Miles Stapleton Properties 4Th Llc -- None Listed On Document
Miles Stapleton Properties 4Th Llc -- None Listed On Document
Stapleton Brian Justin $83,000 Security First Title
Putnick Matthew $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stapleton Brian Justin $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $83,000 -11.7% $35 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
05/22/2021 05/22/21 Price Changed $94,000 -5.1% $39 / Sq Ft
04/21/2021 04/21/21 For Sale $99,000 -- $41 / 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 $3,053 $32,215 $4,187 $28,028
2023 $2,950 $28,406 $3,692 $24,714
2022 $2,901 $25,390 $3,300 $22,090
2021 $2,490 $20,314 $3,025 $17,289
2020 $2,469 $19,204 $2,860 $16,344
2019 $2,452 $18,304 $2,726 $15,578
2018 $2,230 $17,250 $2,569 $14,681
2017 $2,449 $16,509 $2,459 $14,050
2016 $1,973 $16,200 $2,413 $13,787
2015 $1,998 $16,200 $2,413 $13,787
2014 $2,632 $20,490 $3,022 $17,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202101643

NorthWest Illinois Alliance of REALTORS®

APN: 11-25-329-012