NOT LISTED FOR SALE

1517 13th St Rockford, IL 61104

Estimated Value: $148,000 - $206,000

4 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold September 29, 2020

Last sale price $92,000

Est. 81% increase in value since last sale

Current estimated payment $1,130/month

61 Days on Market

Highlights

  • Ranch Style House
  • 4 Car Detached Garage
  • Two Heating Systems

About This Home

As of September 2020

An all brick ranch type 4 family with 4 garages, separate utilities, with long-term good- paying tenants. Rents are low but steady, no hassle income. Same owner is offering three 4 family brick building for sale all together or separately.

Last Agent to Sell the Property

Dick Eckberg

Key Realty License #471005926 Listed on: 06/10/2020

Key Realty

Last Buyer's Agent

Dick Eckberg

Key Realty License #471005926 Listed on: 06/10/2020

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1957

Lot Details

  • 7,841

Parking

  • 4 Car Detached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50.13x50.13x158x158

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $19,880
  • Net Operating Income $14,218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,757

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Garage/Space
  • MRD_AppliancesAndFeatures: Garage/Space
  • MRD_AppliancesAndFeatures: Garage/Space
  • AppliancesAndFeatures: Garage/Space
  • Room: 3

Exterior Features

  • List Price: 99900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Water Source: Public

Schools

  • Middle/Junior School District: 205

Lot Info

  • Lot Dimensions: 50.13X50.13X158X158
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 14218
  • GrossIncome: 19880
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Tax Info

  • Tax Annual Amount: 2757
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Sep 29, 2020
Sold by
Zenith Landholdings Rockford Series Llc-
Bought by
Manriquez Rebecca M
Seller's Agent
Dick Eckberg
Key Realty
Buyer's Agent
Dick Eckberg
Key Realty
List Price
$99,900
Sold Price
$92,000
Premium/Discount to List
-$7,900
-7.91%
Current Estimated Value
$166,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,406
Avg. Annual Appreciation
12.40%
Original Mortgage
$69,000
Outstanding Balance
$61,893
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$104,513

Purchase Details

Closed on
Feb 11, 2019
Bought by
Zenith Landholdings Rockford S

Purchase Details

Listed on
Apr 24, 2013
Closed on
Jun 25, 2014
Bought by
Zenith Landholdings Llc
Seller's Agent
Jack Gesner
DICKERSON & NIEMAN
Buyer's Agent
Dan Marske
Berkshire Hathaway HomeServices Crosby Starck RE
List Price
$120,000
Sold Price
$55,000
Premium/Discount to List
-$65,000
-54.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
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
Manriquez Rebecca M $92,000 Schlueter Ecklund & Davitt/Nn
Zenith Landholdings Rockford S -- Meridian Title
Blazer Mark R -- Hinshaw & Culbertson Llp
Zenith Landholdings Rockford S -- Meridian Title
Zenith Landholdings Rockford S -- Hinshaw & Culbertson Llp
Blazer Mark R -- Hinshaw & Culbertson Llp
Zenith Landholdings Llc $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manriquez Rebecca M $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2020 09/29/20 Sold $92,000 -7.9% --
08/10/2020 08/10/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $99,900 0.0% --
06/16/2020 06/16/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $99,900 +81.6% --
06/26/2014 06/26/14 Sold $55,000 -54.2% -- View Prior Sale
05/27/2014 05/27/14 Pending -- -- --
04/24/2013 04/24/13 For Sale $120,000 -- --
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 $3,015 $31,813 $3,121 $28,692
2023 $2,913 $28,051 $2,752 $25,299
2022 $2,865 $25,073 $2,460 $22,613
2021 $2,818 $22,990 $2,256 $20,734
2020 $2,795 $21,734 $2,133 $19,601
2019 $2,775 $20,715 $2,033 $18,682
2018 $2,922 $19,522 $1,916 $17,606
2017 $2,772 $18,683 $1,834 $16,849
2016 $2,769 $18,333 $1,800 $16,533
2015 $3,059 $19,998 $1,800 $18,198
2014 $5,587 $28,239 $2,250 $25,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10742379

Midwest Real Estate Data (MRED)

APN: 11-36-127-013