NOT LISTED FOR SALE

2741 10th St Rockford, IL 61109

Bildahl-Lapey Neighborhood

Estimated Value: $125,000 - $158,000

-- Bed
3 Baths
4,148 Sq Ft
$33/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $91,000 $22 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $956/month

Highlights

  • Deck
  • Central Air
  • Heating System Uses Natural Gas
  • Fenced Yard
  • Coin Laundry
  • 3-minute walk to Ken-Rock Park

About This Home

As of August 2022

Investment opportunity!! Downstairs unit has a long-term tenant with great rental history. Upstairs unit is vacant but in good, move-in ready condition. This can be a money maker or a perfect find for a live in owner looking to get his mortgage paid by tenants.

Last Agent to Sell the Property

Monica Moran

Smart Home Realty License #475191584 Listed on: 06/14/2022

Last Buyer's Agent

Kelly Cochran

Keller Williams Realty Signature License #475199741

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,583

Lot Details

  • 6,534

Parking

  • 4 Car Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

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

Kitchen

  • Oven
  • Stove
  • Range

Schools

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

Utilities

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

Additional Features

  • Deck
  • Fenced Yard

Listing and Financial Details

  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 2 Units
  • 2-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,583

Lot Details

0

Listing Details

  • Electric: Fuses
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop, Oven
  • Class: MULTIFAMILY
  • Estimated Below Grade Finished Sq Ft: 2074
  • Exemptions: Senior Freeze
  • Front: 50
  • General Features: County Taxes, Deck, Fenced Yard
  • Legal Description: HARRISON AVE 2ND SUB LOT 47
  • Lvt Date: 06/14/2022
  • Rear: 50
  • Side 1: 129
  • Side 2: 129
  • Style: 2 Story
  • Type: 2 Units
  • Maintenance Yr: 300
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 1
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 110624
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 4148
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Investment opportunity!! Downstairs unit has a long-term tenant with great rental history. Upstairs unit is vacant but in good, move-in ready condition. This can be a money maker or a perfect find for a live in owner looking to get his mortgage paid by tenants.
  • Designated Managing Broker Y N: Yes
  • Separate Electric: No
  • Separate Heat: No
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 2074
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas

Tax Info

  • Year: 2022
  • Taxes: 2583

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
Jun 14, 2022
Closed on
Aug 16, 2022
Sold by
Teresa Perez-Rul
Bought by
Sadler Christopher and Sadler Erin
Seller's Agent
Monica Moran
Smart Home Realty
Buyer's Agent
Kelly Cochran
Keller Williams Realty Signature
List Price
$94,000
Sold Price
$91,000
Premium/Discount to List
-$3,000
-3.19%
Current Estimated Value
$138,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,068
Avg. Annual Appreciation
13.91%
Original Mortgage
$67,500
Outstanding Balance
$64,894
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$73,174
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
Sadler Christopher $90,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadler Christopher $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2022 08/17/22 Sold $91,000 -3.2% $22 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $94,000 -- $23 / 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 $2,764 $29,172 $1,347 $27,825
2023 $2,671 $25,723 $1,188 $24,535
2022 $2,627 $22,992 $1,062 $21,930
2021 $2,584 $21,082 $974 $20,108
2020 $2,563 $19,930 $921 $19,009
2019 $2,545 $18,996 $878 $18,118
2018 $2,719 $18,993 $828 $18,165
2017 $2,697 $18,176 $792 $17,384
2016 $2,694 $17,835 $777 $17,058
2015 $2,728 $17,835 $777 $17,058
2014 $3,020 $20,301 $970 $19,331
Source: Public Records

Agents Affiliated with this Home

  • Monica Moran

    Seller's Agent in 2022

    Monica Moran

    Smart Home Realty

    (630) 835-4134

    1 in this area

    171 Total Sales

    Monica Moran
    Section Image

  • K

    Buyer's Agent in 2022

    Kelly Cochran

    Keller Williams Realty Signature

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202203720

NorthWest Illinois Alliance of REALTORS®

APN: 15-01-106-023

Illinois Winnebago County Rockford 61109 Bildahl-Lapey

2741 10th St, Rockford, IL

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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