NOT LISTED FOR SALE

Estimated Value: $213,000 - $309,316

-- Bed
4 Baths
3,200 Sq Ft
$84/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $239,000 $75 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,900/month

Highlights

  • Fenced Yard
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Brick or Stone Mason

About This Home

As of November 2023

4 Unit all brick ranch fully rented. Gross rents monthly at $3300! Full basement with 4 separate storage areas for the tenants. Separate furnace / AC / water heaters and electricity for each unit. Lots of updating in the last year. See the amenities sheet for details. All freshly pained, new light fixtures throughout. All refrigerators and stoves are owned by the building owner. Each unit has a private fenced-in area. Parking in the front and the rear of the building. roof circa 10yrs on shingles

Last Agent to Sell the Property

Ryan Sullivan

Keller Williams Realty Signature License #475128164 Listed on: 11/08/2023

Keller Williams Realty Signature

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 1961

Lot Details

  • Fenced Yard

Parking

  • 8 Car Parking Spaces

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup
  • Basement

Kitchen

  • Stove
  • Range

Schools

  • Conklin Elementary School
  • West Middle School
  • Auburn High School

Utilities

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

Community Details

  • 4 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,999

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 65
  • General Features: Fenced Yard
  • Grid: 14
  • Legal Description: partial legal ***TOWNE VIEW SUB PLAT 2 PT NE 1/4 NE 1/4 SEC 10-44-1 LOT 009
  • Rear: 65
  • Side 1: 125
  • Side 2: 125
  • Style: 1 Story
  • Type: 3 - 4 Units
  • Annual Insurance Expense: 1600
  • Legal Account Yr: 200
  • Maintenance Yr: 600
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Utilities Yr: 1600
  • Agent Only_ L A1 User Code: 5070
  • Elementary School: Conklin Elementary
  • Estimated Total Finished Sq Ft: 3200
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: 4 Unit all brick ranch fully rented. Gross rents monthly at $3300! Full basement with 4 separate storage areas for the tenants. Separate furnace / AC / water heaters and electricity for each unit. Lots of updating in the last year. See the amenities sheet for details. All freshly pained, new light fixtures throughout. All refrigerators and stoves are owned by the building owner. Each unit has a private fenced-in area. Parking in the front and the rear of the building. roof circa 10yrs on shingles
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 3200
  • L O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 74.69
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 8

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: Conklin Elementary
  • Middle School: West Middle
  • High School: Auburn High

Building Info

  • Year Built: 1961

Tax Info

  • Year: 2022
  • Taxes: 4999

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Metropad Llc
Bought by
Tatemono Group Llc-Series 6
Current Estimated Value
$270,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,200
Outstanding Balance
$281,847
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
-$12,898

Purchase Details

Listed on
Nov 8, 2023
Closed on
Nov 23, 2023
Sold by
Medrano Thomas Louis
Bought by
Metropad Llc
Seller's Agent
Ryan Sullivan
Keller Williams Realty Signature
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$250,000
Sold Price
$239,000
Premium/Discount to List
-$11,000
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%

Purchase Details

Listed on
May 18, 2022
Closed on
Aug 3, 2022
Sold by
Ronald K Baker Declaration Of Trust
Bought by
Medrano Thomas Louis
Seller's Agent
Ryan Sullivan
Keller Williams Realty Signature
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$210,000
Sold Price
$215,000
Premium/Discount to List
$5,000
2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$211,105
Interest Rate
5.75%
Mortgage Type
FHA
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
Tatemono Group Llc-Series 6 -- None Listed On Document
Metropad Llc $239,000 None Listed On Document
Medrano Thomas Louis $215,000 Noble Nathan J
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tatemono Group Llc-Series 6 $317,200
Previous Owner Medrano Thomas Louis $211,105
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $239,000 -4.4% $75 / Sq Ft
11/08/2023 11/08/23 For Sale $250,000 +16.3% $78 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
08/03/2022 08/03/22 Sold $215,000 +2.4% $67 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $210,000 0.0% $66 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $210,000 0.0% $66 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $210,000 -- $66 / 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 $5,262 $55,525 $3,684 $51,841
2023 $4,461 $48,959 $3,248 $45,711
2022 $0 $43,760 $2,903 $40,857
2021 $4,918 $40,125 $2,662 $37,463
2020 $4,878 $37,933 $2,517 $35,416
2019 $4,843 $36,154 $2,399 $33,755
2018 $4,862 $34,072 $2,261 $31,811
2017 $4,838 $32,608 $2,164 $30,444
2016 $4,833 $31,996 $2,123 $29,873
2015 $4,894 $31,996 $2,123 $29,873
2014 $5,059 $34,007 $2,654 $31,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202306524

NorthWest Illinois Alliance of REALTORS®

APN: 11-10-227-008