NOT LISTED FOR SALE

2311 Wallace St Rockford, IL 61103

Edgewater Neighborhood

Estimated Value: $129,761 - $203,000

-- Bed
2 Baths
1,924 Sq Ft
$91/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $150,000 $78 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,151/month

7 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • Laundry Facilities
  • Brick or Stone Mason

About This Home

As of September 2022

Well maintained 2 family home which offers 2 bedrooms per unit, 1 bathroom, large living room, dining area and private entrances. Each unit is 962 SF and both have been remodeled in 2020, which includes new bathrooms, refinished hardwood floors, updated electrical, installed new water heaters and roof replacement on the garage in 2017.

Last Agent to Sell the Property

Tyler Ragan

DICKERSON & NIEMAN License #475155674 Listed on: 08/15/2022

DICKERSON & NIEMAN

Last Buyer's Agent

Colin Schindler

Re/Max Ignite License #475193933

Re/Max Ignite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,338

Lot Details

  • Fenced Yard

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 1,924 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range
  • Washer and Dryer Hookup

Schools

  • West View Elementary School
  • West Middle School
  • Guilford High School

Utilities

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

Community Details

Overview

  • 2 Units
  • 3-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,338

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: MULTIFAMILY
  • Front: 40
  • General Features: Fenced Yard, Laundry in Building
  • Grid: 16
  • Legal Description: EDGEWATER SUBD S 1/2 S 1/2 SEC 12-44-1 W OF ROCK RIVER N 40FT LOT 008 BLOCK 010
  • Lvt Date: 08/15/2022
  • Rear: 40
  • Side 1: 150
  • Side 2: 150
  • Style: 2 Story
  • Type: 2 Units
  • Annual Insurance Expense: 660
  • Number Of Floors In Bldg: 3
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 1500
  • Agent Only_ L A1 User Code: 6035
  • Elementary School: West View Elementary
  • Estimated Total Finished Sq Ft: 1924
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Well maintained 2 family home which offers 2 bedrooms per unit, 1 bathroom, large living room, dining area and private entrances. Each unit is 962 SF and both have been remodeled in 2020, which includes new bathrooms, refinished hardwood floors, updated electrical, installed new water heaters and roof replacement on the garage in 2017.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1924
  • L O1 Brokerage Number: 478001315
  • S O1 Brokerage Number: 471020945
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 77.96
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: West View Elementary
  • Middle School: West Middle
  • High School: Guilford High

Tax Info

  • Year: 2021
  • Taxes: 2338

MLS Schools

  • HighSchool: Guilford High
  • School District: Rockford 205
  • Middle School: West Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 9, 2022
Sold by
Ullrich Kenneth R
Bought by
Rentski Llc
Seller's Agent
Tyler Ragan
DICKERSON & NIEMAN
Buyer's Agent
Colin Schindler
Re/Max Ignite
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$174,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,190
Avg. Annual Appreciation
4.71%
Original Mortgage
$120,000
Outstanding Balance
$55,920
Interest Rate
5.31%
Mortgage Type
New Conventional
Estimated Equity
$116,288

Purchase Details

Closed on
Oct 19, 2018
Sold by
Frawert Katherine E
Bought by
Ullrich Kenneth R

Purchase Details

Closed on
May 28, 2004
Bought by
Ullrich Marilyn J and Ullrich Kenneth R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rentski Llc $150,000 --
Ullrich Kenneth R -- Title Underwriters Agency
Ullrich Kenneth R -- Mcgreevy Williams Pc
Ullrich Clint -- Mcgreevy Williams Pc
Ullrich Marilyn J $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rentski Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $150,000 0.0% $78 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $150,000 -- $78 / 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 $2,502 $26,402 $3,317 $23,085
2023 $2,417 $23,280 $2,925 $20,355
2022 $2,377 $20,808 $2,614 $18,194
2021 $2,339 $19,080 $2,397 $16,683
2020 $2,319 $18,037 $2,266 $15,771
2019 $2,303 $17,191 $2,160 $15,031
2018 $2,146 $16,203 $2,037 $14,166
2017 $2,301 $15,506 $1,949 $13,557
2016 $1,955 $15,215 $1,912 $13,303
2015 $1,980 $15,215 $1,912 $13,303
2014 $2,515 $22,555 $2,386 $20,169
Source: Public Records

Agents Affiliated with this Home

  • Tyler Ragan

    Seller's Agent in 2022

    Tyler Ragan

    DICKERSON & NIEMAN

    (815) 988-6624

    1 in this area

    132 Total Sales

    Tyler Ragan
    Section Image
  • Colin Schindler

    Buyer's Agent in 2022

    Colin Schindler

    RE/MAX

    (608) 295-7814

    1 in this area

    295 Total Sales

    Colin Schindler
    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202205453

NorthWest Illinois Alliance of REALTORS®

APN: 11-12-354-003

Illinois Winnebago County Rockford 61103 Edgewater

2311 Wallace St, Rockford, IL

This home is located at 2311 Wallace St, Rockford, IL 61103 since 15 August 2022 and is currently estimated at $174,190, approximately $90 per square foot. 2311 Wallace 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.

Nearby Homes