NOT LISTED FOR SALE

2335 Broadway Rockford, IL 61104

Keith Creek Neighborhood

Estimated Value: $732,349

23 Beds
12 Baths
11,656 Sq Ft
$63/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $350,000 $30 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,921/month

Highlights

  • Property is near public transit
  • Storage
  • Coin Laundry
  • Brick or Stone Mason
  • Hot Water Heating System

About This Home

As of July 2021

(11) 2 bedroom units and (1) 1 bedroom unit. Large kitchens, newer stoves and refrigerators, newer boiler, new water heater, coin laundry on site. Car ports, storage areas, good rental history.

Last Agent to Sell the Property

Alan Huston

Riverside Realty, Inc. License #471009395 Listed on: 05/21/2021

Last Buyer's Agent

Alan Huston

Riverside Realty, Inc. License #471009395 Listed on: 05/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,808

Lot Details

  • 0.27

Parking

  • 12 Car Parking Spaces

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 11,656 Sq Ft Home
  • 3-Story Property
  • Storage
  • Stove

Location

  • Property is near public transit

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 12 Units
  • 3-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,808

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 11656
  • Front: 100
  • General Features: Laundry in Building, On Bus Route, Storage Area
  • Legal Description: ROCKVIEW ADD TO CITY LOT 2 BLK 1
  • Lvt Date: 05/21/2021
  • Rear: 100
  • Side 1: 120
  • Side 2: 120
  • Style: 3+ Story
  • Type: 5+ Units
  • Total Assessed Value: 252,200
  • Number Of Floors In Bldg: 3
  • Number Of Tenants In Bldg: 12
  • Number Of Units In Bldg: 12
  • Agent Only_ L A1 User Code: 4555
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 11656
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: (11) 2 bedroom units and (1) 1 bedroom unit. Large kitchens, newer stoves and refrigerators, newer boiler, new water heater, coin laundry on site. Car ports, storage areas, good rental history.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: No
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior: Brick/Stone

Garage/Parking

  • Total Numberof Parking Spaces: 12

Utilities

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

Tax Info

  • Year: 2020
  • Taxes: 10808

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

Listed on
May 21, 2021
Closed on
Jul 26, 2021
Sold by
Vestspire Group Llc
Bought by
Rock City Homes Llc
Seller's Agent
Alan Huston
Riverside Realty, Inc.
Buyer's Agent
Alan Huston
Riverside Realty, Inc.
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$732,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,349
Avg. Annual Appreciation
18.83%
Original Mortgage
$552,000
Outstanding Balance
$109,171
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$623,178

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 22, 2021
Sold by
Vestspire Group Llc
Bought by
Rock City Homes Llc
Seller's Agent
Alan Huston
Riverside Realty, Inc.
Buyer's Agent
Alan Huston
Riverside Realty, Inc.
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Outstanding Balance
$109,171
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$623,178

Purchase Details

Closed on
Dec 1, 2014
Sold by
Gile Todd A and Gile Dawn R
Bought by
Vestpire Group Llc

Purchase Details

Closed on
Apr 20, 2012
Bought by
Gile Todd A and Gile Dawn R
Source: Public Records

Range of Values:

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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
Rock City Homes Llc $690,000 Law Offices Of Jeffery J Nutsc
Rock City Homes Llc $690,000 None Listed On Document
Vestpire Group Llc $325,000 Baird & Warner Title Svcs Inc
Gile Todd A $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock City Homes Llc $552,000
Closed Rock City Homes Llc $552,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $350,000 0.0% $30 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $350,000 -- $30 / 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 $12,826 $135,342 $4,846 $130,496
2023 $11,265 $108,490 $4,273 $104,217
2022 $11,079 $96,970 $3,819 $93,151
2021 $10,898 $88,915 $3,502 $85,413
2020 $10,808 $84,057 $3,311 $80,746
2019 $10,733 $80,116 $3,156 $76,960
2018 $10,810 $75,504 $2,974 $72,530
2017 $10,721 $72,259 $2,846 $69,413
2016 $10,711 $0 $0 $0
2015 $10,846 $70,905 $2,793 $68,112
2014 $9,242 $70,911 $2,793 $68,118
Source: Public Records

Agents Affiliated with this Home

  • Alan Huston

    Seller's Agent in 2021

    Alan Huston

    Riverside Realty, Inc.

    (815) 708-7511

    2 in this area

    56 Total Sales

    Alan Huston
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202102384

NorthWest Illinois Alliance of REALTORS®

APN: 11-36-228-009

Illinois Winnebago County Rockford 61104 Keith Creek

2335 Broadway, Rockford, IL

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