NOT LISTED FOR SALE

204 Carlton Terrace Rockford, IL 61103

Churchill's Grove Neighborhood

Estimated Value: $162,716 - $211,000

-- Bed
2 Baths
2,176 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $160,000 $74 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,318/month

4 Days on Market

About This Home

As of November 2022

Great investment opportunity in the river district. Very nice duplex apartment building next to the Rock River with river views. Package deal with 203 Carlton. This apartment building is made up of 2-2 bedroom apartments and brings in over $24,000 a year. Tenants pay water/gas/electric owner pays sewer/garbage. Great opportunity to add to your real estate portfolio or diversify and start building equity and cash flow.

Last Agent to Sell the Property

Adam Guarino

DICKERSON & NIEMAN License #475129195 Listed on: 10/07/2022

DICKERSON & NIEMAN

Last Buyer's Agent

Toni Vander Heyden

Keller Williams Realty Signature License #475142387

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 1935

Lot Details

  • 0.9

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,049

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: MULTIFAMILY
  • Front: 40
  • Grid: 19
  • Legal Description: ALLINGTON SUBD OF LOTS 1-2 & 3 SUBD OF PT NE 1/4 SEC 23-44-1 6 & 007
  • Lvt Date: 10/07/2022
  • Rear: 40
  • Side 1: 95
  • Side 2: 95
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 16719
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 24000
  • Agent Only_ L A1 User Code: 5486
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 2176
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Great investment opportunity in the river district. Very nice duplex apartment building next to the Rock River with river views. Package deal with 203 Carlton. This apartment building is made up of 2-2 bedroom apartments and brings in over $24,000 a year. Tenants pay water/gas/electric owner pays sewer/garbage. Great opportunity to add to your real estate portfolio or diversify and start building equity and cash flow.
  • Designated Managing Broker Y N: No
  • Separate Electric: No
  • 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: 2176
  • L O1 Brokerage Number: 478001315
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 73.53
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Heating: Hot Water/Steam
  • 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

Building Info

  • Year Built: 1935

Tax Info

  • Year: 2021
  • Taxes: 2049

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
Oct 7, 2022
Closed on
Nov 24, 2022
Sold by
Mercer Mark
Bought by
Navarrete Eric
Seller's Agent
Adam Guarino
DICKERSON & NIEMAN
Buyer's Agent
Toni Vander Heyden
Keller Williams Realty Signature
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Views
3
Current Estimated Value
$189,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,679
Avg. Annual Appreciation
6.37%
Original Mortgage
$157,102
Outstanding Balance
$152,790
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$36,845
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
Navarrete Eric $160,000 --
Mercer Mark D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarrete Eric $157,102
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $160,000 +6.7% $74 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $150,000 -- $69 / 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 $3,417 $36,063 $6,295 $29,768
2023 $2,679 $31,799 $5,551 $26,248
2022 $3,449 $30,189 $4,962 $25,227
2021 $2,049 $16,719 $4,550 $12,169
2020 $2,032 $15,805 $4,301 $11,504
2019 $2,018 $15,064 $4,099 $10,965
2018 $2,026 $14,197 $3,863 $10,334
2017 $2,016 $13,587 $3,697 $9,890
2016 $2,014 $13,333 $3,628 $9,705
2015 $1,020 $13,333 $3,628 $9,705
2014 $1,984 $13,334 $4,536 $8,798
Source: Public Records

Agents Affiliated with this Home

  • Adam Guarino

    Seller's Agent in 2022

    Adam Guarino

    DICKERSON & NIEMAN

    (815) 494-1011

    2 in this area

    66 Total Sales

    Adam Guarino
    Section Image
  • Toni Vander Heyden

    Buyer's Agent in 2022

    Toni Vander Heyden

    Keller Williams Realty Signature

    (815) 315-1110

    14 in this area

    1,435 Total Sales

    Toni Vander Heyden
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202206637

NorthWest Illinois Alliance of REALTORS®

APN: 11-23-206-005

Illinois Winnebago County Rockford 61103 Churchill's Grove

204 Carlton Terrace, Rockford, IL

This home is located at 204 Carlton Terrace, Rockford, IL 61103 since 07 October 2022 and is currently estimated at $189,679, approximately $87 per square foot. This property was built in 1935. 204 Carlton Terrace is a home located in Winnebago County with nearby schools including R.K. Welsh Elementary School, West Middle School, and Guilford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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