NOT LISTED FOR SALE

2216 Welworth Ave Rockford, IL 61108

Estimated Value: $48,000 - $182,000

-- Bed
2 Baths
1,928 Sq Ft
$66/Sq Ft Est. Value

Last Sold December 04, 2021

Last sale price $30,100 $16 Per Sq Ft

Est. 320% increase in value since last sale

Current estimated payment $724/month

About This Home

As of December 2021

A real diamond in the rough ! Two properties to be sold together due to sharing a well.. The well is on the 2218 Welworth property. Both properties have septic systems. No utilities are on at either property. This property has no basement stairs and no access to the second floor. Sold strictly as is. The other property is 2218 Welworth, MLS # 202107055

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 10/25/2021

Last Buyer's Agent

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 10/25/2021

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,534

Parking

  • 6 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding
  • Siding

Interior Spaces

  • 1,928 Sq Ft Home
  • 2-Story Property
  • Basement

Schools

  • A C Thompson Elementary School
  • Bernard W Flinn Middle School
  • Rockford East High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Shared Water Source
  • Gas Water Heater
  • Septic System

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Electric: Circuit Breaker, Fuses
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 964
  • Front: 50
  • Legal Description: ARDMORE BNG SUB PT OF W 1/2 W 1/2 SEC 33+ PT SEC
  • Lvt Date: 10/26/2021
  • Rear: 50
  • Side 1: 125
  • Side 2: 125
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: A C Thompson Elementary
  • Estimated Total Finished Sq Ft: 1928
  • Hold Earnest Money Y N: No
  • Pertinent Facts: A real diamond in the rough ! Two properties to be sold together due to sharing a well.. The well is on the 2218 Welworth property. Both properties have septic systems. No utilities are on at either property. This property has no basement stairs and no access to the second floor. Sold strictly as is. The other property is 2218 Welworth, MLS # 202107055
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • 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: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes

Exterior Features

  • Exterior: Siding, Vinyl
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 6

Utilities

  • Heating: Forced Air
  • Sewer: Septic
  • Water: Shared
  • Water Heater: Gas
  • Separate Utilities: Yes

Tax Info

  • Year: 2020
  • Taxes: 2040

MLS Schools

  • HighSchool: Rockford East High
  • School District: Rockford 205
  • Middle School: Bernard W Flinn Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Becker Bart
Bought by
Northern Indigo Homes Series 2216
Current Estimated Value
$126,372

Purchase Details

Listed on
Oct 25, 2021
Closed on
Nov 24, 2021
Sold by
Finance Of America Commercial Llc
Bought by
Becker Bart J
Seller's Agent
Brian Borchardt
A-1 AGENCY
Buyer's Agent
Brian Borchardt
A-1 AGENCY
List Price
$29,900
Sold Price
$30,100
Premium/Discount to List
$200
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.47%

Purchase Details

Closed on
Mar 31, 2021
Sold by
Rainier Properties International Inc
Bought by
Finance Of America Commercial Llc

Purchase Details

Listed on
Jun 15, 2017
Closed on
Oct 27, 2017
Sold by
Schmidt Timothy D
Bought by
Rainier Properties Internation
Seller's Agent
Lora Gilbert
DICKERSON & NIEMAN
Buyer's Agent
Michael Eckburg
Key Realty, Inc
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%

Purchase Details

Closed on
Dec 15, 1995
Bought by
Schmidt Timothy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Northern Indigo Homes Series 2216 -- None Listed On Document
Becker Bart J $30,500 Ginali Associates Pc
Finance Of America Commercial Llc -- None Listed On Document
Rainier Properties Internation $55,000 Other
Schmidt Timothy $42,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2021 12/04/21 Sold $30,100 +0.7% $16 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $29,900 -45.6% $16 / Sq Ft
10/27/2017 10/27/17 Sold $55,000 -8.3% $29 / Sq Ft View Prior Sale
09/27/2017 09/27/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $60,000 -- $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 $758 $9,425 $3,943 $5,482
2023 $725 $8,311 $3,477 $4,834
2022 $709 $7,429 $3,108 $4,321
2021 $1,629 $15,977 $2,851 $13,126
2020 $2,040 $19,145 $2,694 $16,451
2019 $2,007 $18,248 $2,568 $15,680
2018 $2,007 $17,198 $2,420 $14,778
2017 $1,992 $16,459 $2,316 $14,143
2016 $1,984 $16,151 $2,273 $13,878
2015 $2,006 $16,151 $2,273 $13,878
2014 $2,374 $17,377 $2,834 $14,543
Source: Public Records

Agents Affiliated with this Home

  • Brian Borchardt

    Seller's Agent in 2021

    Brian Borchardt

    A-1 AGENCY

    (815) 238-2015

    397 Total Sales

    Brian Borchardt
    Section Image
  • Lora Gilbert

    Seller's Agent in 2017

    Lora Gilbert

    DICKERSON & NIEMAN

    (815) 494-8286

    103 Total Sales

    Lora Gilbert
    Section Image

  • M

    Buyer's Agent in 2017

    Michael Eckburg

    Key Realty, Inc

    (779) 772-6467

    59 Total Sales

    Michael Eckburg
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202107058

NorthWest Illinois Alliance of REALTORS®

APN: 12-33-307-006

Illinois Winnebago County Rockford 61108

2216 Welworth Ave, Rockford, IL

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