NOT LISTED FOR SALE

Estimated Value: $81,000 - $126,896

4 Beds
4 Baths
2,412 Sq Ft
$41/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $23,000 $10 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $713/month

141 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Wheelchair Access
  • Laundry Facilities

About This Home

As of May 2015

Great opportunity! Own this wonderful duplex, rent out the other half and have your mortgage paid for you!! Old world charmer with great woodwork & doors, large rooms and FORMAL DINING ROOM. Two entrances per unit, one is handicapped accessible. Fenced yard. Walk-up attic with room for expansion. Single FURNACE & A/C. Separate Electric and Water Heaters. Newer roof & gutters. one 2 car garage PLUS a one car garage on the property. Shared driveway, but there is room to put in a private driveway. Sold "AS IS".

Last Agent to Sell the Property

Barbara Dorn

Gambino Realtors License #475126813 Listed on: 11/25/2014

Last Buyer's Agent

Ursula Davidson

Keller Williams Realty Signature License #475100898

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 0.25

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,412 Sq Ft Home
  • 2-Story Property
  • Stove

Parking

  • 3 Car Parking Spaces
  • Additional Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Wheelchair Access
  • Fenced Yard

Community Details

Overview

  • 2 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2412
  • Exemptions: Owner
  • Front: 65
  • General Features: Additional Parking, Fenced Yard, Laundry in Building, Wheel Chair Acc.
  • Grid: 74
  • Legal Description: South Park Sub, Lot 10, Block 8
  • Rear: 65
  • Side 1: 160
  • Side 2: 160
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 75110
  • Annual Insurance Expense: 700
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 2
  • Utilities Yr: 720
  • Agent Only_ L A1 User Code: 5707
  • Elementary School: District 205-RFD
  • Pertinent Facts: Great opportunity! Own this wonderful duplex, rent out the other half and have your mortgage paid for you!! Old world charmer with great woodwork & doors, large rooms and FORMAL DINING ROOM. Two entrances per unit, one is handicapped accessible. Fenced yard. Walk-up attic with room for expansion. Single FURNACE & A/C. Separate Electric and Water Heaters. Newer roof & gutters. one 2 car garage PLUS a one car garage on the property. Shared driveway, but there is room to put in a private driveway. Sold "AS IS".
  • L O1 Brokerage Number: 478003863
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas

Schools

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

Building Info

  • Year Built: 1915

Tax Info

  • Year: 2014
  • Taxes: 2259

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 25, 2014
Closed on
May 15, 2015
Sold by
Middle Creek Rentals Llc
Bought by
Culvey Peter
Seller's Agent
Barbara Dorn
Gambino Realtors
Buyer's Agent
Ursula Davidson
Keller Williams Realty Signature
List Price
$39,900
Sold Price
$23,000
Premium/Discount to List
-$16,900
-42.36%
Current Estimated Value
$97,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,724
Avg. Annual Appreciation
14.91%

Purchase Details

Closed on
Jun 24, 1996
Bought by
Palmer Jeffery N and Palmer Villamore-Palmer
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
Culvey Peter $23,000 Title Underwriters Agency
Palmer Jeffery N $71,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $23,000 -42.4% $10 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
11/25/2014 11/25/14 For Sale $39,900 -- $17 / 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 $2,339 $24,682 $3,808 $20,874
2023 $2,260 $21,764 $3,358 $18,406
2022 $2,223 $19,453 $3,001 $16,452
2021 $2,186 $17,837 $2,752 $15,085
2020 $2,168 $16,863 $2,602 $14,261
2019 $2,153 $16,072 $2,480 $13,592
2018 $1,800 $8,164 $2,337 $5,827
2017 $1,159 $7,814 $2,237 $5,577
2016 $1,158 $7,667 $2,195 $5,472
2015 $2,435 $15,921 $2,195 $13,726
2014 $2,665 $21,077 $2,749 $18,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201407389

NorthWest Illinois Alliance of REALTORS®

APN: 11-35-233-004