NOT LISTED FOR SALE

245 Rose Ave Loves Park, IL 61111

Martin Shorewood Neighborhood

Estimated Value: $609,288

17 Beds
52 Baths
7,950 Sq Ft
$77/Sq Ft Est. Value

Last Sold November 09, 2016

Last sale price $310,000 $39 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,432/month

40 Days on Market

Highlights

  • Brick or Stone Mason
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of November 2016

Great investment opportunity - cash cow. 8 family. 7-2 bedroom townhouse, 1-3 bedroom, 2 1/2 bath with attached 2 car garage. Separate utilities. Low maintenance brick and siding. Great rental history. Below market rents. Easy walk to bus route, river and bike path.

Last Agent to Sell the Property

Mike Lunde

Gambino Realtors License #475129518 Listed on: 08/31/2016

Gambino Realtors

Co-Listed By

Christine Smith

Real Broker, LLC License #475152617

Last Buyer's Agent

Vita Locarno

Gambino Realtors License #475129450

Gambino Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,499

Year Built

  • Built in 1969

Lot Details

  • 0.58

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Siding

Interior Spaces

  • 2-Story Property
  • Stove
  • Laundry in unit

Parking

  • 14 Car Parking Spaces
  • Additional Parking

Outdoor Features

  • Patio

Schools

  • Harlem Jr Middle School
  • Harlem High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 8 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,499

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 7950
  • Estimated Below Grade Finished Sq Ft: 1200
  • Front: 82.5
  • General Features: Additional Parking, Laundry in Building, Laundry in Unit, Patio
  • Grid: 48
  • Legal Description: Eastwood & Stokburgers 2nd Subd Love Park Lot 152
  • Lvt Date: 08/31/2016
  • Rear: 82.5
  • Side 1: 330
  • Side 2: 330
  • Style: 2 Story
  • Type: 5+ Units
  • Total Assessed Value: 276,870
  • Annual Insurance Expense: 1860
  • Maintenance Yr: 2000
  • Management Yr: 6228
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 8
  • Number Of Units In Bldg: 8
  • Potential Income: 5550
  • Utilities Yr: 1584
  • Agent Only_ L A1 User Code: 4554
  • Elementary School: Unknown
  • Pertinent Facts: Great investment opportunity - cash cow. 8 family. 7-2 bedroom townhouse, 1-3 bedroom, 2 1/2 bath with attached 2 car garage. Separate utilities. Low maintenance brick and siding. Great rental history. Below market rents. Easy walk to bus route, river and bike path.
  • L O1 Brokerage Number: 478003863
  • L O2 Brokerage Number: 478003863
  • S O1 Brokerage Number: 478003863
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior: Brick/Stone, Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 14

Utilities

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

Schools

  • School District: Harlem 122
  • Elementary School: Unknown
  • Middle School: Harlem Jr
  • High School: Harlem High School

Building Info

  • Year Built: 1969

Tax Info

  • Year: 2015
  • Taxes: 10499

MLS Schools

  • HighSchool: Harlem High School
  • School District: Harlem 122
  • Middle School: Harlem Jr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2022
Sold by
Floyd Johnson Bradley
Bought by
Jprg Holdings Llc
Current Estimated Value
$609,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,276
Outstanding Balance
$216,949
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$380,945

Purchase Details

Listed on
Aug 31, 2016
Closed on
Nov 9, 2016
Sold by
Bismillah Investments Llc
Bought by
Johnson Bradley F
Seller's Agent
Mike Lunde
Gambino Realtors
Buyer's Agent
Vita Locarno
Gambino Realtors
List Price
$332,000
Sold Price
$310,000
Premium/Discount to List
-$22,000
-6.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jprg Holdings Llc -- --
Johnson Bradley F $310,000 Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jprg Holdings Llc $447,276
Previous Owner Johnson Bradley F --
Closed Johnson Bradley F $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2016 11/09/16 Sold $310,000 -6.6% $39 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $332,000 -- $42 / 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 $13,339 $160,132 $22,971 $137,161
2023 $12,750 $141,198 $20,255 $120,943
2022 $12,402 $126,205 $18,104 $108,101
2021 $11,667 $115,721 $16,600 $99,121
2020 $10,735 $109,398 $15,693 $93,705
2019 $11,018 $104,268 $14,957 $89,311
2018 $11,008 $98,266 $14,097 $84,169
2017 $11,214 $94,043 $13,491 $80,552
2016 $11,100 $92,280 $13,238 $79,042
2015 $10,499 $92,280 $13,238 $79,042
2014 $10,377 $92,288 $13,238 $79,050
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mike Lunde

    Gambino Realtors

    Section Image
  • Christine Smith

    Seller Co-Listing Agent in 2016

    Christine Smith

    Real Broker, LLC

    (815) 978-6519

    112 Total Sales

    Section Image

  • V

    Buyer's Agent in 2016

    Vita Locarno

    Gambino Realtors

    (815) 637-0705

    24 Total Sales

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201605342

NorthWest Illinois Alliance of REALTORS®

APN: 11-12-203-016

Illinois Winnebago County Loves Park 61111 Martin Shorewood

245 Rose Ave, Loves Park, IL

This home is located at 245 Rose Ave, Loves Park, IL 61111 since 31 August 2016 and is currently estimated at $609,288, approximately $76 per square foot. This property was built in 1969. 245 Rose Ave is a home located in Winnebago County with nearby schools including Loves Park Elementary School, Harlem Middle School, and Harlem 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.

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