NOT LISTED FOR SALE

2938 8th St Rockford, IL 61109

Estimated Value: $65,000 - $74,000

2 Beds
1 Bath
598 Sq Ft
$118/Sq Ft Est. Value

Last Sold January 29, 2020

Last sale price $15,000 $25 Per Sq Ft

Est. 369% increase in value since last sale

Current estimated payment $492/month

18 Days on Market

About This Home

As of January 2020

Investors dream! With some work that needs to done this could be the perfect investment property or starter home, being sold AS IS. Nice location, large fenced yard, 2 bed , 1 bath home with eat-in kitchen and living room, full basement, newer 1 1/2 car detached garage, property is vacant and is in need of initial clean up, owner says bring all offers!

Last Agent to Sell the Property

Joe Dote

Key Realty, Inc Listed on: 12/01/2019

Key Realty, Inc

Last Buyer's Agent

Joe Dote

Key Realty, Inc Listed on: 12/01/2019

Key Realty, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 1.5 Car Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Siding

Interior Spaces

  • 598 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

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

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: None
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 598
  • Front: 50
  • General Features: Main Floor Master
  • Legal Description: BELMONT PARK SUBD LOT 16
  • Lot Acreage: 0.16
  • Lvt Date: 12/01/2019
  • Number of Main Level Full Bathrooms: 1
  • Rear: 50
  • Side 1: 141
  • Side 2: 141
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 110522
  • Elementary School: District 205-RFD
  • Pertinent Facts: Investors dream! With some work that needs to done this could be the perfect investment property or starter home, being sold AS IS. Nice location, large fenced yard, 2 bed , 1 bath home with eat-in kitchen and living room, full basement, newer 1 1/2 car detached garage, property is vacant and is in need of initial clean up, owner says bring all offers!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Full
  • Master Bedroom: Dimensions: 11.3x10.8, On Level: Main
  • Bedroom 2: Dimensions: 12.5x10.7, On Level: Main
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 10.7x8.4, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 12.9x10.7
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 1.5

Utilities

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

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2018
  • Taxes: 1465

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
Dec 1, 2019
Closed on
Jan 22, 2020
Sold by
R And M Associates Llc
Bought by
Gomez Ismael
Seller's Agent
Joe Dote
Key Realty, Inc
Buyer's Agent
Joe Dote
Key Realty, Inc
List Price
$34,900
Sold Price
$15,000
Premium/Discount to List
-$19,900
-57.02%
Current Estimated Value
$70,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,300
Avg. Annual Appreciation
30.82%

Purchase Details

Closed on
May 18, 2017
Sold by
Flagstar Bk Fsb
Bought by
R & M Associates Llc

Purchase Details

Closed on
Sep 22, 2008
Bought by
Higgins Rita
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
Gomez Ismael $15,000 Alliance Title
R & M Associates Llc $7,500 Attorney Only
Higgins Rita $39,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2020 01/29/20 Sold $15,000 -30.2% $25 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
12/17/2019 12/17/19 Price Changed $21,500 -38.4% $36 / Sq Ft
12/01/2019 12/01/19 For Sale $34,900 -- $58 / 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 $1,465 $15,463 $1,407 $14,056
2023 $1,416 $13,635 $1,241 $12,394
2022 $1,392 $12,187 $1,109 $11,078
2021 $1,370 $11,175 $1,017 $10,158
2020 $1,384 $10,765 $961 $9,804
2019 $1,375 $10,260 $916 $9,344
2018 $1,053 $10,270 $862 $9,408
2017 $621 $9,829 $825 $9,004
2016 $632 $9,645 $810 $8,835
2015 $640 $9,645 $810 $8,835
2014 $674 $10,176 $1,010 $9,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201907581

NorthWest Illinois Alliance of REALTORS®

APN: 15-02-278-009