NOT LISTED FOR SALE

203 5th Ave Rochelle, IL 61068

Estimated Value: $165,000 - $201,000

4 Beds
3 Baths
-- Sq Ft
4,095 Sq Ft Lot

Last Sold April 09, 2021

Last sale price $117,000

Est. 50% increase in value since last sale

Current estimated payment $1,198/month

680 Days on Market

About This Home

As of April 2021

Well maintained three unit near downtown Rochelle. Two, 2 bedroom/1 bath units and one, 1 bedroom/1bath unit. All utilities are separate and tenants pay for all utilities. New roof in 2011. Some long term tenants. Approx, 12% cap rate.

Last Agent to Sell the Property

Sue Englert

Elm Street REALTORS License #475139711 Listed on: 05/01/2019

Last Buyer's Agent

Terri Maynard

Bearrows Real Estate & Auction Co License #475187868

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,839

Lot Details

  • 4,095

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Lot Dimensions are 62 x 67 x 62 x 67

Community Details

  • 3 Units
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,839

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Lot Info

  • Lot Dimensions: 62 X 67 X 62 X 67
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 19200
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 1839
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Apr 9, 2021
Sold by
Hopkins Gary
Bought by
Harrison Paul
Seller's Agent
Sue Englert
Elm Street REALTORS
Buyer's Agent
Terri Maynard
Bearrows Real Estate & Auction Co
List Price
$135,000
Sold Price
$117,000
Premium/Discount to List
-$18,000
-13.33%
Current Estimated Value
$175,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,565
Avg. Annual Appreciation
9.33%
Original Mortgage
$94,192
Outstanding Balance
$11,743
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$163,822
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harrison Paul $117,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Paul $94,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $117,000 -6.4% --
03/10/2021 03/10/21 Pending -- -- --
11/27/2020 11/27/20 Price Changed $125,000 -1.6% --
10/21/2020 10/21/20 Price Changed $127,000 -2.3% --
01/29/2020 01/29/20 Price Changed $130,000 -3.7% --
10/31/2019 10/31/19 For Sale $135,000 +15.4% --
10/30/2019 10/30/19 Off Market $117,000 -- --
04/30/2019 04/30/19 For Sale $135,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,354 $38,110 $3,638 $34,472
2023 $2,022 $35,667 $3,405 $32,262
2022 $2,129 $22,858 $3,240 $19,618
2021 $2,024 $21,116 $2,993 $18,123
2020 $1,948 $20,110 $2,850 $17,260
2019 $1,912 $19,764 $2,801 $16,963
2018 $1,865 $19,376 $2,746 $16,630
2017 $1,839 $19,376 $2,746 $16,630
2016 $1,825 $18,845 $2,671 $16,174
2015 $1,774 $18,530 $2,626 $15,904
2014 $1,837 $18,530 $2,626 $15,904
2013 $1,912 $19,426 $2,753 $16,673
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10363178

Midwest Real Estate Data (MRED)

APN: 24-24-404-012