NOT LISTED FOR SALE

311 E 3rd St Rock Falls, IL 61071

Estimated Value: $91,000 - $196,253

4 Beds
2 Baths
-- Sq Ft
0.32 Acres

Last Sold October 08, 2022

Last sale price $38,000

Est. 219% increase in value since last sale

Current estimated payment $794/month

124 Days on Market

Highlights

  • Property is near park
  • 2 Car Attached Garage
  • 4-minute walk to Hennepin Feeder Canal State Parkway
  • Rock Falls Middle School Rated 9+
  • Forced Air Heating System

About This Home

As of October 2022

AGENT OWNED. REALTOR HOLDS A MANAGING BROKERS LICENSE IN ILLINOIS. HOME IS PRICED ACCORDING TO CONDITION~SOLD AS IS~2nd Floor apartment recently painted. Come check out this great opportunity at a great price. Upstairs has 2 bedroom, main floor has 2 bedrooms and downstairs is a studio living area. Needs some loving attention but it makes for a great investment property or live in one apartment and rent out the other one. New Feldco windows through out, three levels with three kitchens for three family living, wood burning Fireplace. 2nd Floor kitchen was completely gutted and new electrical, insolation, and drywall was added. .***NEWER Roof***Brand New Furnace In Oct 2014*** This is one huge home! Nice size lot. Large driveway. Contact owner for details.

Last Agent to Sell the Property

Armando Acosta

NextHome Acosta License #471019215 Listed on: 06/02/2022

NextHome Acosta

Last Buyer's Agent

Armando Acosta

NextHome Acosta License #471019215 Listed on: 06/02/2022

NextHome Acosta

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890 | Remodeled in 2020

Lot Details

  • 0.32

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Dillon Elementary School Pk-2
  • Rock Falls Middle School
  • Rock Falls Township High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 90x155
  • Property is near park
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1890 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Curbs

Schools

  • Elementary School: Dillon Elementary School Pk-2
  • High School: Rock Falls Township High School
  • Middle/Junior School: Rock Falls Middle School

Lot Info

  • Lot Dimensions: 90X155
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 2361
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Oct 12, 2022
Sold by
Acosta Armando and Acosta Maribel
Bought by
Williams Jackson T
Seller's Agent
Armando Acosta
NextHome Acosta
Buyer's Agent
Armando Acosta
NextHome Acosta
List Price
$44,900
Sold Price
$38,000
Premium/Discount to List
-$6,900
-15.37%
Current Estimated Value
$121,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,063
Avg. Annual Appreciation
42.22%

Purchase Details

Closed on
May 29, 2020
Sold by
Favela Virginia
Bought by
Acosta Armando and Acosta Maribel

Purchase Details

Closed on
Dec 27, 2007
Sold by
Gapinski Donald L
Bought by
Favela Virginia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Jackson T -- Wheatland Title
Acosta Armando $55,000 None Available
Favela Virginia $44,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Favela Virginia $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2022 10/08/22 Sold $38,000 -11.4% --
10/05/2022 10/05/22 Pending -- -- --
09/29/2022 09/29/22 Price Changed $42,900 -4.5% --
09/27/2022 09/27/22 For Sale $44,900 0.0% --
08/10/2022 08/10/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $44,900 -- --
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 $2,016 $24,382 $7,386 $16,996
2023 $1,849 $22,487 $6,812 $15,675
2022 $2,452 $21,202 $6,423 $14,779
2021 $2,358 $20,059 $6,077 $13,982
2020 $2,361 $19,716 $5,973 $13,743
2019 $2,235 $19,010 $5,759 $13,251
2018 $2,091 $18,587 $5,631 $12,956
2017 $2,090 $18,238 $5,525 $12,713
2016 $2,051 $17,931 $5,432 $12,499
2015 $154 $14,364 $5,706 $8,658
2014 $1,538 $13,981 $5,554 $8,427
2013 $154 $14,364 $5,706 $8,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11422459

Midwest Real Estate Data (MRED)

APN: 1127152019