NOT LISTED FOR SALE

3115 Carolina Ave Rockford, IL 61108

Rolling Green Neighborhood

Estimated Value: $178,920 - $201,000

4 Beds
2 Baths
1,728 Sq Ft
$109/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $101,500 $59 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,358/month

23 Days on Market

Highlights

  • Brick or Stone Mason
  • 1-Story Property
  • Forced Air Heating System
  • Storage

About This Home

As of May 2018

Start or add to your Real Estate Portfolio with this Quality brick ranch duplex with long term tenants. Each unit is similar with eat-in kitchens, spacious living rooms, 2-bedrooms, bath, private full basement with laundry hook ups and separate utilities. One of the units has been updated. Includes 2-refrigerators (1-newer), 2-stoves, 2-A/C wall units, 2-garage door openers and 2-remotes. Owner pays water/sewer/garbage. Current income is $1375/month. Wonderful tenants that pay on time!!!

Last Agent to Sell the Property

Michael Oslund

Key Realty, Inc License #475114835 Listed on: 03/12/2018

Key Realty, Inc

Last Buyer's Agent

Dawn Kahle

DICKERSON & NIEMAN License #475143364

DICKERSON & NIEMAN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,840

Year Built

  • Built in 1970

Lot Details

  • 6,534

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Storage
  • Laundry in unit
  • Stove

Schools

  • Rolling Green Elementary School
  • Bernard W Flinn Middle School
  • Rockford East High School

Utilities

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

Community Details

  • 2 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,840

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1728
  • Front: 85
  • General Features: Laundry in Unit, Storage Area
  • Legal Description: Re-Plat Blk 32 & Pt Blks 23 & 31 Rolling Green 31-118 Lot 012
  • Lvt Date: 03/12/2018
  • Rear: 85
  • Side 1: 78.95
  • Side 2: 76.23
  • Style: 1 Story
  • Type: 2 Units
  • Total Assessed Value: 25419
  • Maintenance Yr: 500
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Utilities Yr: 840
  • Agent Only_ L A1 User Code: 4454
  • Elementary School: Rolling Green
  • Pertinent Facts: Start or add to your Real Estate Portfolio with this Quality brick ranch duplex with long term tenants. Each unit is similar with eat-in kitchens, spacious living rooms, 2-bedrooms, bath, private full basement with laundry hook ups and separate utilities. One of the units has been updated. Includes 2-refrigerators (1-newer), 2-stoves, 2-A/C wall units, 2-garage door openers and 2-remotes. Owner pays water/sewer/garbage. Current income is $1375/month. Wonderful tenants that pay on time!!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

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

Building Info

  • Year Built: 1970

Tax Info

  • Year: 2016
  • Taxes: 3840

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
May 18, 2018
Sold by
Stockon Merlin L
Bought by
Terranova Louis A
Seller's Agent
Michael Oslund
Key Realty, Inc
Buyer's Agent
Dawn Kahle
DICKERSON & NIEMAN
List Price
$105,000
Sold Price
$101,500
Premium/Discount to List
-$3,500
-3.33%
Current Estimated Value
$188,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,480
Avg. Annual Appreciation
8.70%
Original Mortgage
$76,125
Outstanding Balance
$65,546
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$123,434

Purchase Details

Closed on
Feb 27, 2018
Sold by
Stockon Xandra J
Bought by
Stockon Merlin L

Purchase Details

Closed on
Mar 16, 2012
Bought by
Stockton Butch and Stockton Xandra
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
Terranova Louis A $101,500 Title Underwriters Agency
Terranova Louis $101,500 None Listed On Document
Stockon Merlin L -- Zuba James T
Stockton Butch $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terranova Louis $76,125
Closed Terranova Louis A $76,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $101,500 -3.3% $59 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $105,000 -- $61 / 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 $4,370 $46,116 $5,430 $40,686
2023 $4,222 $40,663 $4,788 $35,875
2022 $3,888 $34,028 $4,280 $29,748
2021 $3,824 $31,201 $3,924 $27,277
2020 $3,793 $29,497 $3,710 $25,787
2019 $3,766 $28,114 $3,536 $24,578
2018 $3,661 $24,064 $3,332 $20,732
2017 $3,843 $25,905 $3,190 $22,715
2016 $3,840 $25,419 $3,130 $22,289
2015 $3,888 $25,419 $3,130 $22,289
2014 $4,379 $26,210 $3,903 $22,307
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Oslund

    Key Realty, Inc

    Section Image

  • D

    Buyer's Agent in 2018

    Dawn Kahle

    DICKERSON & NIEMAN

    (815) 540-0328

    2 in this area

    114 Total Sales

    Dawn Kahle
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201801063

NorthWest Illinois Alliance of REALTORS®

APN: 12-31-255-014

Illinois Winnebago County Rockford 61108 Rolling Green

3115 Carolina Ave, Rockford, IL

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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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