NOT LISTED FOR SALE

Estimated Value: $166,000 - $190,000

-- Bed
4 Baths
3,404 Sq Ft
$52/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $145,000 $43 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,308/month

1 Day on Market

Highlights

  • Property is near public transit
  • Brick or Stone Mason
  • Hot Water Heating System
  • Balcony
  • 1-Story Property
  • Coin Laundry

About This Home

As of October 2023

SBR. Brick 4-family. Coin operated laundry in basement. 2 long time tenants - rents should be higher. Front and back parking. New engineered balcony replaced. 4 boilers. 4 water heaters. 2 leases and 2 month-to-months.

Last Agent to Sell the Property

Korky Williams

Gambino Realtors License #475084266 Listed on: 09/19/2023

Gambino Realtors

Last Buyer's Agent

Kevin Fisher

Gambino Realtors License #475163629

Gambino Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,761

Year Built

  • Built in 1962

Lot Details

  • 6,970

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Stove
  • Range

Parking

  • 8 Car Parking Spaces
  • Additional Parking

Schools

  • R K Welsh Elementary School
  • West Middle School
  • Guilford High School

Utilities

  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Community Details

Overview

  • 4 Units
  • 2-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,761

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Below Grade Finished Sq Ft: 1500
  • Front: 48
  • General Features: Additional Parking, Balcony, Laundry in Building, On Bus Route
  • Grid: 18
  • Legal Description: PLAT OF GARFIELD HGTS ADDN IN CITY OF RKFD LOT 052
  • Lvt Date: 09/20/2023
  • Rear: 48
  • Side 1: 142
  • Side 2: 142
  • Style: 1 Story
  • Type: 3 - 4 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Agent Only_ L A1 User Code: 874
  • Elementary School: R K Welsh Elementary
  • Estimated Total Finished Sq Ft: 3404
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: SBR. Brick 4-family. Coin operated laundry in basement. 2 long time tenants - rents should be higher. Front and back parking. New engineered balcony replaced. 4 boilers. 4 water heaters. 2 leases and 2 month-to-months.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 1904
  • L O1 Brokerage Number: 478003863
  • S O1 Brokerage Number: 478003863
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 42.6
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 8

Utilities

  • Heating: Hot Water/Steam
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Rockford 205
  • Elementary School: R K Welsh Elementary
  • Middle School: West Middle
  • High School: Guilford High

Building Info

  • Year Built: 1962

Tax Info

  • Year: 2022
  • Taxes: 4761

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
Sep 19, 2023
Closed on
Oct 31, 2023
Sold by
Rivera Robert and Rivera Denise Lenore
Bought by
Pierce Lacrecia
Seller's Agent
Korky Williams
Gambino Realtors
Buyer's Agent
Kevin Fisher
Gambino Realtors
List Price
$139,900
Sold Price
$145,000
Premium/Discount to List
$5,100
3.65%
Views
5
Current Estimated Value
$177,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,586
Avg. Annual Appreciation
11.32%
Original Mortgage
$132,783
Outstanding Balance
$130,053
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$47,533

Purchase Details

Listed on
Sep 19, 2023
Closed on
Oct 27, 2023
Sold by
Rivera Robert and Rivera Denise Lenore
Bought by
Pierce Lacrecia
Seller's Agent
Korky Williams
Gambino Realtors
Buyer's Agent
Kevin Fisher
Gambino Realtors
List Price
$139,900
Sold Price
$145,000
Premium/Discount to List
$5,100
3.65%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,783
Outstanding Balance
$130,053
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$47,533
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
Pierce Lacrecia $145,000 None Listed On Document
Pierce Lacrecia $145,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Lacrecia $132,783
Closed Pierce Lacrecia $132,783
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $145,000 +3.6% $43 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $139,900 -- $41 / 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 $4,442 $52,875 $3,089 $49,786
2023 $4,841 $46,623 $2,724 $43,899
2022 $4,761 $41,673 $2,435 $39,238
2021 $4,683 $38,211 $2,233 $35,978
2020 $4,645 $36,123 $2,111 $34,012
2019 $4,612 $34,429 $2,012 $32,417
2018 $4,645 $32,446 $1,896 $30,550
2017 $4,607 $31,052 $1,815 $29,237
2016 $4,603 $30,470 $1,781 $28,689
2015 $4,661 $30,470 $1,781 $28,689
2014 $4,533 $30,473 $2,226 $28,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202305493

NorthWest Illinois Alliance of REALTORS®

APN: 11-14-301-017