NOT LISTED FOR SALE

1912 Charles St Rockford, IL 61104

Highland Area Neighborhood

Estimated Value: $221,930 - $284,000

8 Beds
16 Baths
6,000 Sq Ft
$45/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $130,500 $22 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,737/month

67 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Water Softener

About This Home

As of October 2019

Attention Investors ! A well maintained all brick 4 family located on the east side. Each unit is currently rented to long-term tenants. Layout of each unit is identical. Separate Utilities for each unit. Full basement with storage and laundry area hookup. Four new central air units, furnaces and duct work in stalled in 2016. 6 year warranty remaining on HVAC system. Some newer windows installed by Window World. Lifetime warranty on windows. Newer water heaters. Roof in good condition. It also has a water softener. Off street parking. Lawn equipment stays. All reasonable offers will be considered. AGENT RELATED.

Last Agent to Sell the Property

Reico Alexander

Key Realty, Inc License #475176100 Listed on: 06/18/2019

Last Buyer's Agent

Thomas Zarembski

Gambino Realtors License #475160853

Gambino Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,767

Year Built

  • Built in 1929

Lot Details

  • 5,227

Parking

  • 4 Car Parking Spaces

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Stove

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Electric Water Heater
  • Water Softener

Community Details

  • 4 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,767

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop, Water Softener
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 6000
  • Estimated Below Grade Finished Sq Ft: 2000
  • Front: 50
  • Legal Description: WEST + HUTCHINS PK BNG A SUB OF ALL THAT PT SW 1/4 NE 1/4 SEC 25-44-1 N OF CHAS ST LOT 009 BLOCK 002
  • Lvt Date: 06/18/2019
  • Rear: 50.73
  • Side 1: 98
  • Side 2: 106.81
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Total Assessed Value: 33407
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Agent Only_ L A1 User Code: 110259
  • Elementary School: District 205-RFD
  • Pertinent Facts: Attention Investors ! A well maintained all brick 4 family located on the east side. Each unit is currently rented to long-term tenants. Layout of each unit is identical. Separate Utilities for each unit. Full basement with storage and laundry area hookup. Four new central air units, furnaces and duct work in stalled in 2016. 6 year warranty remaining on HVAC system. Some newer windows installed by Window World. Lifetime warranty on windows. Newer water heaters. Roof in good condition. It also has a water softener. Off street parking. Lawn equipment stays. All reasonable offers will be considered. AGENT RELATED.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Separate Utilities: Yes

Building Info

  • Year Built: 1929

Tax Info

  • Year: 2018
  • Taxes: 4767

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
Jun 18, 2019
Closed on
Oct 11, 2019
Sold by
Alexander Betty J
Bought by
Gibson Glenn L and Tate-Gibson Stephanie R
Seller's Agent
Reico Alexander
Key Realty, Inc
Buyer's Agent
Thomas Zarembski
Gambino Realtors
List Price
$145,000
Sold Price
$130,500
Premium/Discount to List
-$14,500
-10%
Current Estimated Value
$267,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,983
Avg. Annual Appreciation
12.51%
Original Mortgage
$128,135
Outstanding Balance
$113,110
Interest Rate
3.88%
Mortgage Type
FHA
Estimated Equity
$154,373

Purchase Details

Closed on
Nov 21, 1991
Bought by
Alexander Betty
Source: Public Records

Range of Values:

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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
Gibson Glenn L $130,500 None Listed On Document
Alexander Betty $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Glenn L $128,135
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $130,500 -4.7% $22 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
07/08/2019 07/08/19 Price Changed $137,000 -5.5% $23 / Sq Ft
06/18/2019 06/18/19 For Sale $145,000 -- $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 $3,964 $54,442 $2,019 $52,423
2023 $3,842 $48,004 $1,780 $46,224
2022 $4,217 $42,907 $1,591 $41,316
2021 $4,087 $39,343 $1,459 $37,884
2020 $4,011 $37,193 $1,379 $35,814
2019 $4,749 $35,449 $1,314 $34,135
2018 $4,783 $33,407 $1,238 $32,169
2017 $4,743 $31,972 $1,185 $30,787
2016 $4,739 $31,373 $1,163 $30,210
2015 $4,799 $31,373 $1,163 $30,210
2014 $4,926 $31,376 $1,454 $29,922
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Reico Alexander

    Key Realty, Inc

  • T

    Buyer's Agent in 2019

    Thomas Zarembski

    Gambino Realtors

    (815) 218-9210

    1 in this area

    45 Total Sales

    Thomas Zarembski
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201903494

NorthWest Illinois Alliance of REALTORS®

APN: 11-25-251-017

Illinois Winnebago County Rockford 61104 Highland Area

1912 Charles St, Rockford, IL

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