NOT LISTED FOR SALE

307 E 4th St Rock Falls, IL 61071

Estimated Value: $100,000 - $130,000

5 Beds
3 Baths
-- Sq Ft
0.28 Acres

Last Sold October 08, 2019

Last sale price $53,500

Est. 108% increase in value since last sale

Current estimated payment $844/month

384 Days on Market

Highlights

  • 4 Car Detached Garage
  • Porch
  • Heating System Uses Natural Gas
  • Rock Falls Middle School Rated 9+

About This Home

As of October 2019

Great investment opportunity! This house has been converted into 3 apartments. The main floor apartment has pocket doors, built-ins and a gas furnace (In basement back room along with washer and dryer hookups). The 2nd floor apartment has 2 bedrooms and a larger kitchen. The gas furnace for this unit is in the attic. The basement unit is 1 bedroom and has a large dining room. The basement unit is electric heat. All utilities are separated. Large U shaped driveway and the 4 car garage offer ample parking. Part of the garage is rented to a neighbor at $64/month. The rest of the garage is shared by the tenants.

Last Agent to Sell the Property

Chandra Howard

RE/MAX Sauk Valley License #471021384 Listed on: 08/15/2018

RE/MAX Sauk Valley

Co-Listed By

Ryne Howard

RE/MAX Sauk Valley License #471021383

Last Buyer's Agent

Jori Mcrae

River Country Properties License #471003949

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 0.28

Parking

  • 4 Car Detached Garage
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Converted Dwelling

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch
  • Lot Dimensions are 186x66
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Lot Info

  • Lot Dimensions: 186X66
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3409.3
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2003
Bought by
Zimmerman Sarah G
Current Estimated Value
$111,151
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
Zimmerman Sarah G $82,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2019 10/08/19 Sold $53,500 -15.1% --
09/03/2019 09/03/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $63,000 +17.8% --
08/31/2019 08/31/19 Off Market $53,500 -- --
06/10/2019 06/10/19 Price Changed $63,000 -1.6% --
02/15/2019 02/15/19 Price Changed $64,000 -7.2% --
08/15/2018 08/15/18 For Sale $69,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,102 $28,280 $4,846 $23,434
2023 $2,926 $26,081 $4,469 $21,612
2022 $2,844 $24,591 $4,214 $20,377
2021 $2,735 $23,265 $3,987 $19,278
2020 $3,851 $32,163 $3,919 $28,244
2019 $3,647 $31,013 $3,779 $27,234
2018 $3,411 $30,322 $3,695 $26,627
2017 $3,409 $29,754 $3,626 $26,128
2016 $3,346 $29,254 $3,565 $25,689
2015 $3,303 $30,729 $3,745 $26,984
2014 $3,289 $29,909 $3,645 $26,264
2013 $3,303 $30,729 $3,745 $26,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10052731

Midwest Real Estate Data (MRED)

APN: 1127154021