1940 Melrose St Rockford, IL 61103
Edgewater Neighborhood
2
Beds
1.5
Baths
1,248
Sq Ft
3,485
Sq Ft Lot
Highlights
- Laundry Room
- Dining Room
- Senior Tax Exemptions
- Central Air
- Family Room
- Wood Burning Fireplace
About This Home
As of May 2025Welcome to your new home! This nicely maintained 2-bedroom, 1.5 bath bungalow in the Edgewater neighborhood combines charm with classic appeal. Step into a bright and airy living room with large windows that flood the space with natural light, highlighting the elegant hardwood floors and wood finishes. Kitchen is the heart of the home, allowing ample space, cabinetry & appliances that stay! Open to your formal dining room makes entertaining a breeze. Two well-appointed bedrooms offer comfortable retreats, each with generous closet space & a shared bath. The unfinished attic leaves plenty of room for future bedrooms or expansion. The lower level offers a finished area that would make a great flex space along with a convenient half bathroom. Plenty of room to use as well as storage options. Nice fenced in yard makes the perfect oasis for upcoming warmer months. Updates include new concrete driveway, furnace 2017 & new water heater in2020. Shared garage but completely closed off from the other side. Great location near parks, shopping & amenities. Don't miss the chance to make this yours!
Last Agent to Sell the Property
Keller Williams Realty Signature License #475183591 Listed on: 04/17/2025
Last Buyer's Agent
Keller Williams Realty Signature License #475183591 Listed on: 04/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,847
Year Built
- Built in 1934
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 50x50x75x75
Parking
- 1 Car Garage
Interior Spaces
- 1,248 Sq Ft Home
- 1.5-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2025
Closed on
May 30, 2025
Sold by
Stepler Janet L and Fields Ayanna P
Bought by
Nakoneczny Karisa
Seller's Agent
Milena Cojkic
Keller Williams Realty Signature
Buyer's Agent
Milena Cojkic
Keller Williams Realty Signature
List Price
$135,000
Sold Price
$135,000
Views
97
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,444
Avg. Annual Appreciation
-3.87%
Original Mortgage
$132,554
Outstanding Balance
$132,320
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$1,513
Purchase Details
Listed on
Nov 3, 2021
Closed on
Dec 28, 2021
Sold by
Carlson Lori C
Bought by
Stepler Janet L and Fields Ayanna P
Seller's Agent
Jaclyn Rotello
DICKERSON & NIEMAN
Buyer's Agent
Carol Harkin
Gambino Realtors
List Price
$84,900
Sold Price
$84,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%
Purchase Details
Closed on
Aug 23, 2002
Bought by
Carlson Lori
Similar Homes in Rockford, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $135,000 | None Listed On Document | |
| Warranty Deed | $85,000 | Long Adam S | |
| Deed | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $132,554 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $135,000 | 0.0% | $108 / Sq Ft |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 04/17/2025 04/17/25 | For Sale | $135,000 | +59.0% | $108 / Sq Ft |
| 12/28/2021 12/28/21 | Sold | $84,900 | 0.0% | $59 / Sq Ft |
| 11/12/2021 11/12/21 | Pending | -- | -- | -- |
| 11/03/2021 11/03/21 | For Sale | $84,900 | -- | $59 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,052 | $32,656 | $3,335 | $29,321 |
| 2023 | $1,848 | $28,795 | $2,941 | $25,854 |
| 2022 | $1,684 | $25,738 | $2,629 | $23,109 |
| 2021 | $2,438 | $25,893 | $2,412 | $23,481 |
| 2020 | $2,376 | $24,478 | $2,280 | $22,198 |
| 2019 | $2,322 | $23,330 | $2,173 | $21,157 |
| 2018 | $2,261 | $21,987 | $2,048 | $19,939 |
| 2017 | $2,232 | $21,042 | $1,960 | $19,082 |
| 2016 | $2,213 | $20,647 | $1,923 | $18,724 |
| 2015 | $2,240 | $20,647 | $1,923 | $18,724 |
| 2014 | $2,418 | $21,905 | $2,403 | $19,502 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Milena Cojkic
Keller Williams Realty Signature
(630) 936-7057
2 in this area
290 Total Sales
-
J
Seller's Agent in 2021
Jaclyn Rotello
DICKERSON & NIEMAN
-
C
Buyer's Agent in 2021
Carol Harkin
Gambino Realtors
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12337952
APN: 11-13-176-010
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