NOT LISTED FOR SALE

1631 17th Ave Rockford, IL 61104

Estimated Value: $74,000 - $100,000

-- Bed
2 Baths
3,042 Sq Ft
$31/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $45,000 $15 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $674/month

71 Days on Market

About This Home

As of February 2023

Older two Family in nice location across from Very Nice Playground. needs some updating and cleaning. Roof is 2 years old. Separate Gas forced air Furnaces and water heaters. Separate Electric. Long term tenants. $525 ea.

Last Agent to Sell the Property

Ken Newsome

Re/Max Property Source License #475084167 Listed on: 11/10/2022

Re/Max Property Source

Last Buyer's Agent

Ken Newsome

Re/Max Property Source License #475084167 Listed on: 11/10/2022

Re/Max Property Source

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,681

Year Built

  • Built in 1920

Lot Details

  • 7,841

Home Design

  • Duplex
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range

Schools

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

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,681

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1014
  • Estimated Below Grade Finished Sq Ft: 1014
  • Front: 50.87
  • Grid: 75
  • Legal Description: LOT 2 BLK 10 Budlongs Sub.
  • Lvt Date: 11/14/2022
  • Rear: 50.87
  • Side 1: 155
  • Side 2: 155
  • Style: 2 Story
  • Type: 2 Units
  • Annual Insurance Expense: 1500
  • Legal Account Yr: 400
  • Maintenance Yr: 400
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 2
  • Potential Income: 14400
  • Utilities Yr: 800
  • Agent Only_ L A1 User Code: 474
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 3042
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Older two Family in nice location across from Very Nice Playground. needs some updating and cleaning. Roof is 2 years old. Separate Gas forced air Furnaces and water heaters. Separate Electric. Long term tenants. $525 ea.
  • 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: 2028
  • L O1 Brokerage Number: 478003692
  • S O1 Brokerage Number: 478003692
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 14.79
  • Basement: Yes

Exterior Features

  • Exterior: Stucco

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

  • Heating: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Rockford 205
  • Elementary School: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2021
  • Taxes: 1681

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
Nov 10, 2022
Closed on
Feb 27, 2023
Sold by
Silva Manuel
Bought by
Lindblade Neal
Seller's Agent
Ken Newsome
Re/Max Property Source
Buyer's Agent
Ken Newsome
Re/Max Property Source
List Price
$59,000
Sold Price
$45,000
Premium/Discount to List
-$14,000
-23.73%
Views
146
Current Estimated Value
$93,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,087
Avg. Annual Appreciation
36.98%

Purchase Details

Closed on
Jul 17, 2006
Bought by
Silva Manuel
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
Lindblade Neal $45,000 --
Silva Manuel $67,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $45,000 -10.0% $15 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $50,000 -15.3% $16 / Sq Ft
11/10/2022 11/10/22 For Sale $59,000 -- $19 / 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 $2,045 $21,584 $2,948 $18,636
2023 $1,976 $19,031 $2,599 $16,432
2022 $1,943 $17,010 $2,323 $14,687
2021 $1,681 $13,719 $2,129 $11,590
2020 $1,668 $12,970 $2,013 $10,957
2019 $1,656 $12,362 $1,919 $10,443
2018 $1,668 $11,650 $1,808 $9,842
2017 $1,654 $11,149 $1,730 $9,419
2016 $1,653 $10,940 $1,698 $9,242
2015 $1,673 $10,940 $1,698 $9,242
2014 $2,204 $13,114 $2,126 $10,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202207356

NorthWest Illinois Alliance of REALTORS®

APN: 11-36-176-007