NOT LISTED FOR SALE

3111 Jacqueline Dr Rockford, IL 61109

Pine Manor Neighborhood

Estimated Value: $688,193

Studio
8 Baths
7,188 Sq Ft
$96/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $575,000 $80 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,588/month

7 Days on Market

Highlights

  • Balcony
  • Air Conditioning
  • Coin Laundry
  • Brick or Stone Mason
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of July 2023

Great turn key 8-unit multifamily investment. This property has plenty of parking and covered car ports. Each unit has its own electric and gas meters. There are separate furnaces and water heaters for each unit. The coin operated washers and dryers are included. There is a large basement with plenty of storage spaces. Come take a look.

Last Agent to Sell the Property

David Reyes

Advantage Realtors License #471004846 Listed on: 05/18/2023

Last Buyer's Agent

Ann Brady

DICKERSON & NIEMAN License #475158788

DICKERSON & NIEMAN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,465

Year Built

  • Built in 1969

Lot Details

  • 0.73

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Siding

Interior Spaces

  • 7,188 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer
  • Basement

Kitchen

  • Oven
  • Range

Parking

  • 16 Car Parking Spaces
  • Additional Parking

Outdoor Features

  • Balcony

Schools

  • Swan Hillman Elementary School
  • Bernard W Flinn Middle School
  • Jefferson High School

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 8 Units
  • 2-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,465

Year Built

Built in 1969

Lot Details

0.73 Acres

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Front: 200
  • General Features: Additional Parking, Balcony, Laundry in Building
  • Legal Description: Plat 3 Holiday Hills Sub Pt w 1/2 se 1/4 sec 6-43-2 lot 014
  • Lvt Date: 05/18/2023
  • Rear: 235
  • Side 1: 120
  • Side 2: 185
  • Style: 2 Story
  • Type: 5+ Units
  • Legal Account Yr: 933
  • Maintenance Yr: 1005
  • Management Yr: 875
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 8
  • Number Of Units In Bldg: 8
  • Utilities Yr: 7126
  • Agent Only_ L A1 User Code: 4237
  • Elementary School: Swan Hillman Elementary
  • Estimated Total Finished Sq Ft: 7188
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Great turn key 8-unit multifamily investment. This property has plenty of parking and covered car ports. Each unit has its own electric and gas meters. There are separate furnaces and water heaters for each unit. The coin operated washers and dryers are included. There is a large basement with plenty of storage spaces. Come take a look.
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: No
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 7188
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 16

Utilities

  • Cooling: Wall Unit
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1969

Tax Info

  • Year: 2022
  • Taxes: 10465

MLS Schools

  • HighSchool: Jefferson High
  • School District: Rockford 205
  • Middle School: Bernard W Flinn Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jul 7, 2023
Sold by
Cherry Wood Properties Llc
Bought by
Mopo Llc Leasing 3 Series
Seller's Agent
David Reyes
Advantage Realtors
Buyer's Agent
Ann Brady
DICKERSON & NIEMAN
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Views
35
Current Estimated Value
$688,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,193
Avg. Annual Appreciation
6.88%
Original Mortgage
$460,000
Outstanding Balance
$449,027
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$239,166
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mopo Llc Leasing 3 Series $572,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mopo Llc Leasing 3 Series $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $575,000 -4.0% $80 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $599,000 -- $83 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $10,922 $113,877 $13,493 $100,384
2022 $10,465 $90,522 $11,430 $79,092
2021 $10,663 $86,088 $10,870 $75,218
2020 $10,711 $82,428 $10,408 $72,020
2019 $10,628 $78,563 $9,920 $68,643
2018 $9,062 $62,969 $9,660 $53,309
2017 $9,141 $61,111 $9,375 $51,736
2016 $9,108 $59,819 $9,177 $50,642
2015 $9,055 $58,721 $9,009 $49,712
2014 $8,537 $58,721 $9,009 $49,712
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    David Reyes

    Advantage Realtors

    (815) 621-6812

    1 in this area

    41 Total Sales

    David Reyes
    Section Image
  • Ann Brady

    Buyer's Agent in 2023

    Ann Brady

    DICKERSON & NIEMAN

    (815) 298-4683

    2 in this area

    102 Total Sales

    Ann Brady
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202302551

NorthWest Illinois Alliance of REALTORS®

APN: 16-06-404-007

Illinois Winnebago County Rockford 61109 Pine Manor

3111 Jacqueline Dr, Rockford, IL

Not Listed for Sale

MultiFamily

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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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