NOT LISTED FOR SALE

1722 Remington Rd Unit 1724 Rockford, IL 61108

Five Points Neighborhood

Estimated Value: $262,000 - $279,233

-- Bed
4 Baths
3,444 Sq Ft
$79/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $222,000 $64 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,985/month

14 Days on Market

Highlights

  • Brick or Stone Mason
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of May 2023

Great rental area! New roof within the last two years; Brick 4-unit building with two bedrooms, one bath, living room, and plenty of closet space. Two units have been updated with a new kitchen, new bath, and new flooring. Off-street parking. All units are currently rented. Rent total for the month is $2,725.00. Please independently verify all information including schools and taxes.

Last Agent to Sell the Property

Maureen McCarty

Emerald Realty Group of Rockford, PLLC License #475157672 Listed on: 03/30/2023

Last Buyer's Agent

Justin Sheley

Coldwell Banker Real Estate Group License #475198825

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,639

Year Built

  • Built in 1962

Lot Details

  • 8,276

Parking

  • 4 Car Parking Spaces

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 3,444 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Range

Schools

  • Rolling Green Elementary School
  • Abraham Lincoln Middle School
  • Rockford East High School

Utilities

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

Community Details

  • 4 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,639

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 63
  • Grid: 77
  • Legal Description: Harry F Carlson's Sub of Piske Tract Pt E1/2 NW1/4 Sec 32-44-2 Lot 008
  • Lvt Date: 03/30/2023
  • Rear: 63
  • Side 1: 134.82
  • Side 2: 132.22
  • Style: 1 Story
  • Type: 3 - 4 Units
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Agent Only_ L A1 User Code: 5366
  • Elementary School: Rolling Green
  • Estimated Total Finished Sq Ft: 3444
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Great rental area! New roof within the last two years; Brick 4-unit building with two bedrooms, one bath, living room, and plenty of closet space. Two units have been updated with a new kitchen, new bath, and new flooring. Off-street parking. All units are currently rented. Rent total for the month is $2,725.00. Please independently verify all information including schools and taxes.
  • 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: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 3444
  • L O1 Brokerage Number: 478010804
  • S O1 Brokerage Number: 481013220
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 64.46
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: Rolling Green
  • Middle School: Abraham Lincoln Middle
  • High School: Rockford East High

Building Info

  • Year Built: 1962

Tax Info

  • Year: 2021
  • Taxes: 6639

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

Listed on
Mar 30, 2023
Closed on
May 26, 2023
Sold by
A2b Holding Llc
Bought by
John And Becky Trust
Seller's Agent
Maureen McCarty
Emerald Realty Group of Rockford, PLLC
Buyer's Agent
Justin Sheley
Coldwell Banker Real Estate Group
List Price
$224,900
Sold Price
$222,000
Premium/Discount to List
-$2,900
-1.29%
Views
102
Current Estimated Value
$272,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,058
Avg. Annual Appreciation
8.51%
Original Mortgage
$162,750
Outstanding Balance
$159,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$110,211

Purchase Details

Closed on
Jun 8, 2022
Sold by
Ewald John R and Ewald Karmen
Bought by
A2b Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,500
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2021
Sold by
Lutz Henry R
Bought by
Ewald John R and Ewald Karmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2003
Bought by
Lutz Henry
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
John And Becky Trust $222,000 None Listed On Document
A2b Holding Llc $130,000 Schlueter Ecklund & Davitt/Jh
Ewald John R $105,000 None Listed On Document
Lutz Henry $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John And Becky Trust $162,750
Previous Owner A2b Holding Llc $376,500
Previous Owner Ewald John R $78,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $222,000 -1.3% $64 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $224,900 -- $65 / 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 $6,519 $68,796 $5,471 $63,325
2023 $5,033 $48,476 $4,824 $43,652
2022 $4,950 $43,329 $4,312 $39,017
2021 $6,639 $54,164 $3,954 $50,210
2020 $6,584 $51,204 $3,738 $47,466
2019 $6,538 $48,803 $3,563 $45,240
2018 $6,585 $45,993 $3,358 $42,635
2017 $6,531 $44,017 $3,214 $40,803
2016 $6,525 $43,192 $3,154 $40,038
2015 $6,607 $43,192 $3,154 $40,038
2014 $6,426 $43,196 $3,942 $39,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202301397

NorthWest Illinois Alliance of REALTORS®

APN: 12-32-131-006