NOT LISTED FOR SALE

Estimated Value: $167,000 - $220,000

8 Beds
4 Baths
2,888 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $85,000 $29 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,422/month

15 Days on Market

Highlights

  • Brick or Stone Mason
  • 1-Story Property
  • Laundry Facilities
  • Storage
  • Forced Air Heating System

About This Home

As of September 2018

Brick ranch 4 family with all units being identical and fully rented. All units have separate secured storage in the basement as well as a 1 car garage stall. All tenants are on 1 year leases.

Last Agent to Sell the Property

Thomas Howard

Superior Realtors & Rental Properties, Inc. License #471007903 Listed on: 08/29/2018

Last Buyer's Agent

Jesse Dabson

Key Realty, Inc License #471021329

Key Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,411

Year Built

  • Built in 1961

Lot Details

  • 7,536

Parking

  • 4 Car Parking Spaces

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2,888 Sq Ft Home
  • 1-Story Property
  • Storage
  • Basement Fills Entire Space Under The House
  • Oven

Location

  • In Flood Plain

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 4 Units
  • 1-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,411

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2888
  • Front: 50
  • General Features: Laundry in Building, Main Floor Master, Storage Area
  • Legal Description: FAIR VIEW SUBD PT E 1/2 SEC 25-44-1 5-59 ANXD 1920 EXC WLY 1 FT ALL LOT 018 BLOCK 004
  • Located In Flood Plain: Yes
  • Lvt Date: 08/29/2018
  • Rear: 50
  • Side 1: 157
  • Side 2: 157
  • Style: 1 Story
  • Type: 3 - 4 Units
  • Total Assessed Value: 89,210
  • Maintenance Yr: 1800
  • Management Yr: 2000
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Utilities Yr: 2500
  • Agent Only_ L A1 User Code: 5851
  • Elementary School: District 205-RFD
  • Pertinent Facts: Brick ranch 4 family with all units being identical and fully rented. All units have separate secured storage in the basement as well as a 1 car garage stall. All tenants are on 1 year leases.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

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

Building Info

  • Year Built: 1961

Tax Info

  • Year: 2017
  • Taxes: 4411

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

Closed on
Feb 7, 2020
Sold by
Rock City Homes Llc
Bought by
Tenango Properties Llc
Current Estimated Value
$194,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,100
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2018
Closed on
Sep 27, 2018
Sold by
Trust Number 01 & 002
Bought by
Rock City Homes Llc
Seller's Agent
Thomas Howard
Superior Realtors & Rental Properties, Inc.
Buyer's Agent
Jesse Dabson
Key Realty, Inc
List Price
$114,900
Sold Price
$85,000
Premium/Discount to List
-$29,900
-26.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%
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
Tenango Properties Llc $105,000 Schlueter Ecklund & Davitt/Nn
Rock City Homes Llc $170,000 Title Underwriters Agency
Rock City Homes Llc $170,000 Reese Gary S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tenango Properties Llc $77,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2018 09/27/18 Sold $85,000 -26.0% $29 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $114,900 -- $40 / 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 $4,798 $50,631 $3,041 $47,590
2023 $4,636 $44,644 $2,681 $41,963
2022 $4,559 $39,903 $2,396 $37,507
2021 $4,484 $36,588 $2,197 $34,391
2020 $4,448 $34,589 $2,077 $32,512
2019 $4,417 $32,967 $1,980 $30,987
2018 $4,448 $31,069 $1,866 $29,203
2017 $4,411 $29,734 $1,786 $27,948
2016 $4,407 $29,177 $1,753 $27,424
2015 $4,463 $29,177 $1,753 $27,424
2014 $5,100 $29,180 $2,192 $26,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201805620

NorthWest Illinois Alliance of REALTORS®

APN: 11-25-426-008