NOT LISTED FOR SALE

2201 Hancock St Rockford, IL 61103

Edgewater Neighborhood

Estimated Value: $120,701 - $175,000

3 Beds
2 Baths
1,703 Sq Ft
$85/Sq Ft Est. Value

Last Sold January 30, 2018

Last sale price $34,000 $20 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $968/month

218 Days on Market

About This Home

As of January 2018

Solid rent history. 2 Furnaces 6 years, 1 hot water 5 years, building has 2 electric meters and 1 gas meter. Upper Frig and stove stay, lower unit only the frig stays.

Last Agent to Sell the Property

John Sloat

Re/Max Property Source License #475084844 Listed on: 05/03/2017

Last Buyer's Agent

Joshua Patterson

Keller Williams Realty Signature License #475170530

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,405

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,703 Sq Ft Home
  • 2-Story Property
  • Storage
  • Basement Fills Entire Space Under The House
  • Stove

Parking

  • 8 Car Parking Spaces
  • Additional Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1703
  • Front: 50
  • General Features: Additional Parking, Storage Area
  • Grid: 16
  • Legal Description: EDGEWATER SUBD S1/2 S1/2 SEC 12-44-1 W OF ROCK RIVER LOT 007 BLOCK 025
  • Lvt Date: 05/03/2017
  • Rear: 50
  • Side 1: 150
  • Side 2: 150
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 14,151
  • Annual Insurance Expense: 967
  • Maintenance Yr: 700
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 13500
  • Utilities Yr: 3698
  • Agent Only_ L A1 User Code: 2857
  • Elementary School: District 205-RFD
  • Pertinent Facts: Solid rent history. 2 Furnaces 6 years, 1 hot water 5 years, building has 2 electric meters and 1 gas meter. Upper Frig and stove stay, lower unit only the frig stays.
  • L O1 Brokerage Number: 478003692
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 8

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas

Schools

  • School District: Rockford 205
  • Elementary School: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2016
  • Taxes: 2138

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 3, 2017
Closed on
Feb 1, 2018
Sold by
Barrett Richard E
Bought by
Simpson Matthew J
Seller's Agent
John Sloat
Re/Max Property Source
Buyer's Agent
Joshua Patterson
Keller Williams Realty Signature
List Price
$53,000
Sold Price
$34,000
Premium/Discount to List
-$19,000
-35.85%
Current Estimated Value
$145,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,175
Avg. Annual Appreciation
21.21%
Original Mortgage
$25,500
Outstanding Balance
$22,326
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$124,905

Purchase Details

Listed on
May 3, 2017
Closed on
Jan 30, 2018
Sold by
Barrett Richard E and Barrett Beth A
Bought by
Simpson Matthew
Seller's Agent
John Sloat
Re/Max Property Source
Buyer's Agent
Joshua Patterson
Keller Williams Realty Signature
List Price
$53,000
Sold Price
$34,000
Premium/Discount to List
-$19,000
-35.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Outstanding Balance
$22,326
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$124,905

Purchase Details

Closed on
Feb 5, 2008
Bought by
Barrett Richard E and Barrett Beth A
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
Simpson Matthew J $32,500 Guyer & Enichen Pc
Simpson Matthew $32,500 Nlt
Simpson Matthew J $32,500 Guyer & Enichen Pc
Barrett Richard E $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Matthew J $25,500
Closed Simpson Matthew J $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2018 01/30/18 Sold $34,000 -35.8% $20 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $53,000 -- $31 / 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 $2,327 $24,558 $4,149 $20,409
2023 $2,248 $21,654 $3,658 $17,996
2022 $2,211 $19,355 $3,270 $16,085
2021 $2,175 $17,747 $2,998 $14,749
2020 $2,157 $16,777 $2,834 $13,943
2019 $2,142 $15,990 $2,701 $13,289
2018 $2,157 $15,069 $2,545 $12,524
2017 $2,140 $14,422 $2,436 $11,986
2016 $2,138 $14,151 $2,390 $11,761
2015 $2,165 $14,151 $2,390 $11,761
2014 $3,050 $20,503 $2,984 $17,519
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    John Sloat

    RE/MAX

    Section Image

  • J

    Buyer's Agent in 2018

    Joshua Patterson

    Keller Williams Realty Signature

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201702467

NorthWest Illinois Alliance of REALTORS®

APN: 11-12-381-007

Illinois Winnebago County Rockford 61103 Edgewater

2201 Hancock St, Rockford, IL

This home is located at 2201 Hancock St, Rockford, IL 61103 since 03 May 2017 and is currently estimated at $145,175, approximately $85 per square foot. This property was built in 1920. 2201 Hancock St 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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