NOT LISTED FOR SALE

2320 Wallace St Rockford, IL 61103

Edgewater Neighborhood

Estimated Value: $107,021 - $116,000

2 Beds
1 Bath
974 Sq Ft
$115/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $58,000 $60 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $765/month

42 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Wood Burning Fireplace
  • Patio

About This Home

As of March 2019

This home is great for first time buyers or anyone looking for a great investment! This newly fully remodel 2 bedroom has a new roof, electrical, plumbing, siding, gutters, windows and flooring. All new appliances stay and home warranty available. Well sized bedrooms go well the the newly updated bath. Located on a corner lot and close to shopping and parks.

Last Agent to Sell the Property

Carlos Serna

Century 21 Affiliated License #475161572 Listed on: 01/02/2019

Century 21 Affiliated

Last Buyer's Agent

Carlos Serna

Century 21 Affiliated License #475161572 Listed on: 01/02/2019

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,846

Year Built

  • Built in 1930

Lot Details

  • 7,405

Home Design

  • Ranch Style House
  • Shingle Roof
  • Siding

Interior Spaces

  • 974 Sq Ft Home
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Driveway

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Patio
  • 7,405 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,846

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: None
  • Appliances That Stay or Are Included: Dishwasher, Microwave, Refrigerator, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 974
  • Front: 50
  • General Features: Main Floor Master, Patio
  • Grid: 16
  • Legal Description: EDGEWATER SUBD S1/2 S1/2 SEC 12-44-1 W OF ROCK RIVER LOT 001 BLOCK 009
  • Lot Acreage: 0.17
  • Lvt Date: 01/02/2019
  • Number of Main Level Full Bathrooms: 1
  • Rear: 50
  • Side 1: 150
  • Side 2: 150
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 10344
  • Elementary School: District 205-RFD
  • Garage Type Driveway: Detached
  • Pertinent Facts: This home is great for first time buyers or anyone looking for a great investment! This newly fully remodel 2 bedroom has a new roof, electrical, plumbing, siding, gutters, windows and flooring. All new appliances stay and home warranty available. Well sized bedrooms go well the the newly updated bath. Located on a corner lot and close to shopping and parks.
  • L O1 Brokerage Number: 477012643
  • S O1 Brokerage Number: 477012643
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Full
  • Master Bedroom: Dimensions: 13x11, On Level: Main
  • Fireplace Type: Wood
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 14x11
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 12x9, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 16x12
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Schools

  • School District: Rockford 205
  • Elementary School: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Building Info

  • Year Built: 1930

Tax Info

  • Year: 2017
  • Taxes: 2846

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
Dec 30, 2019
Sold by
Umbach Zachery A and Umbach Amber
Bought by
Olympic Tavern Inc
Current Estimated Value
$109,550

Purchase Details

Listed on
Jan 2, 2019
Closed on
Mar 15, 2019
Sold by
Jasmin Lopez
Bought by
Umbach Zachary A and Janicek Amber
Seller's Agent
Carlos Serna
Century 21 Affiliated
Buyer's Agent
Carlos Serna
Century 21 Affiliated
List Price
$65,000
Sold Price
$58,000
Premium/Discount to List
-$7,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$55,100
Interest Rate
5.5%
Mortgage Type
New Conventional
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
Olympic Tavern Inc $55,500 Whitham Law Office
Umbach Zachary A $58,000 Title Underwriters Agency
Umbach Zachary A $58,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Umbach Zachary A $55,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $58,000 -3.2% $60 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
01/20/2019 01/20/19 Price Changed $59,900 -7.8% $61 / Sq Ft
01/02/2019 01/02/19 For Sale $65,000 +441.7% $67 / Sq Ft
11/17/2017 11/17/17 Sold $12,000 -33.3% $12 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $18,000 -- $18 / 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 $1,988 $26,979 $4,767 $22,212
2023 $1,847 $23,789 $4,203 $19,586
2022 $1,744 $21,263 $3,757 $17,506
2021 $2,943 $24,009 $3,445 $20,564
2020 $2,147 $22,697 $3,257 $19,440
2019 $2,898 $21,632 $3,104 $18,528
2018 $2,870 $20,045 $2,925 $17,120
2017 $2,846 $19,183 $2,799 $16,384
2016 $2,844 $18,824 $2,747 $16,077
2015 $2,879 $18,824 $2,747 $16,077
2014 $1,338 $19,930 $3,435 $16,495
Source: Public Records

Agents Affiliated with this Home

  • Carlos Serna

    Seller's Agent in 2019

    Carlos Serna

    Century 21 Affiliated

    (815) 262-3919

    1 in this area

    250 Total Sales

    Section Image

  • R

    Seller's Agent in 2017

    Ricky Davis

    Stateline Real Estate LLC

    (815) 398-8886

    1 in this area

    38 Total Sales

    Section Image

  • B

    Buyer's Agent in 2017

    Brandy Maicke

    Weichert Realtors - Tovar Properties

    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201807900

NorthWest Illinois Alliance of REALTORS®

APN: 11-12-353-007

Illinois Winnebago County Rockford 61103 Edgewater

2320 Wallace St, Rockford, IL

This home is located at 2320 Wallace St, Rockford, IL 61103 since 02 January 2019 and is currently estimated at $111,755, approximately $114 per square foot. This property was built in 1930. 2320 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