NOT LISTED FOR SALE

2303 16th Ave Rockford, IL 61104

Estimated Value: $120,000 - $140,000

3 Beds
1 Bath
1,154 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $55,000 $48 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $844/month

8 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Walk-In Pantry
  • Loft
  • Corner Lot
  • Breakfast Room

About This Home

As of October 2016

This home is located at 2303 16th Ave, Rockford, IL 61104 since 23 August 2016 and is currently estimated at $126,977, approximately $110 per square foot. This property was built in 1924. 2303 16th Ave is a home located in Winnebago County with nearby schools including Whitehead Elementary School, Bernard W. Flinn Middle School, and Rockford East High School.

Last Agent to Sell the Property

Rebecca Hedlund

Dickerson & Nieman Realtors Listed on: 08/23/2016

Last Buyer's Agent

Jean Campbell

Gambino Realtors Home Builders License #475136765

Gambino Realtors Home Builders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,046

Year Built

  • 1924

Lot Details

  • Fenced Yard
  • Corner Lot

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Bathroom on Main Level
  • Gas Log Fireplace
  • Breakfast Room
  • Loft
  • Sun or Florida Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Listing and Financial Details

  • $1,600 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,046

Year Built

1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Gas Logs
  • Attic: Finished
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Sun/Florida Room, Loft, Breakfast Room
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Sunroom, Dimensions: 10X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Loft, Dimensions: 17X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Breakfast Rm, Dimensions: 6X6, On Level: Main Level
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1154
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Block
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 205
  • Junior High Dist: 205

Lot Info

  • Lot Dimensions: 45X120
  • Lot Description: Corner, Fenced Yard
  • Parcel Identification Number: 1136232001

Tax Info

  • Taxes: 943.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Oct 20, 2016
Sold by
Ferguson Joseph H and Ferguson Nancy E
Bought by
Reh Mi
Seller's Agent
Rebecca Hedlund
Dickerson & Nieman Realtors
Buyer's Agent
Jean Campbell
Gambino Realtors Home Builders
List Price
$57,000
Sold Price
$55,000
Premium/Discount to List
-$2,000
-3.51%
Current Estimated Value
$126,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,977
Avg. Annual Appreciation
9.75%
Original Mortgage
$54,003
Outstanding Balance
$24,728
Interest Rate
2.87%
Mortgage Type
FHA
Estimated Equity
$102,249
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
Reh Mi $55,000 Other
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reh Mi $54,003
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2016 10/20/16 Sold $55,000 -3.5% $48 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $57,000 -- $49 / Sq Ft
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 $2,046 $27,595 $4,405 $23,190
2023 $1,903 $24,332 $3,884 $20,448
2022 $1,799 $21,749 $3,472 $18,277
2021 $1,709 $19,943 $3,184 $16,759
2020 $1,653 $18,853 $3,010 $15,843
2019 $1,603 $17,969 $2,869 $15,100
2018 $1,348 $18,282 $2,703 $15,579
2017 $1,706 $17,497 $2,587 $14,910
2016 $932 $17,170 $2,539 $14,631
2015 $944 $17,170 $2,539 $14,631
2014 $2,258 $18,596 $3,181 $15,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09323782

Midwest Real Estate Data (MRED)

APN: 11-36-232-001