NOT LISTED FOR SALE

Estimated Value: $90,000 - $134,000

-- Bed
3 Baths
3,174 Sq Ft
$38/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $104,000 $33 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $880/month

About This Home

As of August 2022

Great building fully rented with tenants who would like to stay. Rents are 575 for the upper unit and 775 for the upper unit which has been fully rehabbed. Large units with tall ceilings and beautiful hardwood floors, and garage space.

Last Agent to Sell the Property

Jason Bennett

Jason Bennett, REALTOR License #471020294 Listed on: 05/14/2022

Last Buyer's Agent

Victor Tellez

Realty of America, LLC License #475173003

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,260

Lot Details

  • 5,227

Home Design

  • Duplex
  • Brick or Stone Mason
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup
  • Basement

Kitchen

  • Oven
  • Range

Schools

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

Utilities

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

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,260

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Below Grade Finished Sq Ft: 750
  • Front: 54
  • Grid: 74
  • Legal Description: L M NOLINGS 2ND SUB PT NE 1/4 SEC 35-44-1 S 46.96 FT W 11
  • Lvt Date: 05/14/2022
  • Rear: 54
  • Side 1: 158
  • Side 2: 158
  • Style: 2 Story
  • Type: 2 Units
  • Annual Insurance Expense: 600
  • Maintenance Yr: 600
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 110516
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 3174
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Great building fully rented with tenants who would like to stay. Rents are 575 for the upper unit and 775 for the upper unit which has been fully rehabbed. Large units with tall ceilings and beautiful hardwood floors, and garage space.
  • 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: 2424
  • L O1 Brokerage Number: 481013377
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 32.77
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Rubber

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • 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

Tax Info

  • Year: 2021
  • Taxes: 2260

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
May 14, 2022
Closed on
Aug 3, 2022
Sold by
1826 4Th St Llc
Bought by
Leal Homes Llc
Seller's Agent
Jason Bennett
Jason Bennett, REALTOR
Buyer's Agent
Victor Tellez
Realty of America, LLC
List Price
$99,000
Sold Price
$104,000
Premium/Discount to List
$5,000
5.05%
Current Estimated Value
$119,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,479
Avg. Annual Appreciation
6.36%
Original Mortgage
$93,000
Outstanding Balance
$89,235
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$36,738

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jul 1, 2021
Sold by
Luis Tafolla
Bought by
1826 4Th St Llc
Seller's Agent
Michelle Marcu-Carlson
Ultimate Realty Inc.
Buyer's Agent
Jason Bennett
Jason Bennett, REALTOR
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.91%
Original Mortgage
$52,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2017
Closed on
Apr 9, 2018
Sold by
Humberto Sotelo
Bought by
Tafolla Luis
Seller's Agent
Chris Koutsopanagos
Berkshire Hathaway HomeServices Crosby Starck RE
Buyer's Agent
Michelle Marcu-Carlson
Ultimate Realty Inc.
List Price
$57,000
Sold Price
$45,000
Premium/Discount to List
-$12,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Original Mortgage
$31,500
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2017
Closed on
Apr 6, 2018
Sold by
Baywater Group Llc
Bought by
Tafolla Luis
Seller's Agent
Chris Koutsopanagos
Berkshire Hathaway HomeServices Crosby Starck RE
Buyer's Agent
Michelle Marcu-Carlson
Ultimate Realty Inc.
List Price
$57,000
Sold Price
$45,000
Premium/Discount to List
-$12,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2017
Closed on
Apr 5, 2018
Sold by
Sotelo Humberto
Bought by
Tafolla Luis
Seller's Agent
Chris Koutsopanagos
Berkshire Hathaway HomeServices Crosby Starck RE
Buyer's Agent
Michelle Marcu-Carlson
Ultimate Realty Inc.
List Price
$57,000
Sold Price
$45,000
Premium/Discount to List
-$12,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2017
Closed on
Apr 3, 2018
Sold by
Sotelo Francisco and Francisco Sotelo Revocable Living Trust
Bought by
Sotelo Humberto
Seller's Agent
Chris Koutsopanagos
Berkshire Hathaway HomeServices Crosby Starck RE
Buyer's Agent
Michelle Marcu-Carlson
Ultimate Realty Inc.
List Price
$57,000
Sold Price
$45,000
Premium/Discount to List
-$12,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
5.5%
Mortgage Type
New Conventional
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
Leal Homes Llc $103,000 Reese & Reese
1826 4Th St Llc $65,000 None Listed On Document
Tafolla Luis $45,000 Title Underwriters Agency
Tafolla Luis -- Title Underwriters Agency
Tafolla Luis $45,000 Title Underwriters Agency
Tafolla Luis $45,000 Title Underwriters Agency
Sotelo Humberto -- Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leal Homes Llc $93,000
Previous Owner 1826 4Th St Llc $52,000
Previous Owner Tafolla Luis $31,500
Previous Owner Tafolla Luis $31,500
Previous Owner Tafolla Luis $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Sold $104,000 +5.1% $33 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $99,000 +52.3% $31 / Sq Ft
07/01/2021 07/01/21 Sold $65,000 -18.6% $27 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $79,900 +77.6% $33 / Sq Ft
04/06/2018 04/06/18 Sold $45,000 -21.1% $19 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
02/01/2017 02/01/17 For Sale $57,000 -- $24 / 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 $2,806 $29,612 $1,819 $27,793
2023 $2,711 $26,111 $1,604 $24,507
2022 $2,667 $23,339 $1,434 $21,905
2021 $2,261 $18,451 $1,315 $17,136
2020 $2,243 $17,443 $1,243 $16,200
2019 $2,227 $16,625 $1,185 $15,440
2018 $2,243 $15,667 $1,116 $14,551
2017 $2,225 $14,994 $1,068 $13,926
2016 $2,223 $14,713 $1,048 $13,665
2015 $2,251 $14,713 $1,048 $13,665
2014 $3,087 $18,019 $1,313 $16,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202202905

NorthWest Illinois Alliance of REALTORS®

APN: 11-35-252-007