NOT LISTED FOR SALE

Estimated Value: $218,000 - $233,000

8 Beds
8 Baths
3,480 Sq Ft
$65/Sq Ft Est. Value

Last Sold May 12, 2020

Last sale price $118,000 $34 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,696/month

142 Days on Market

About This Home

As of May 2020

4 UNIT MULTI-FAMILY BUILDING. ALL 4 UNITS EACH HAVE 2 BEDROOMS, A FULL BATHROOM, AND A HALF BATHROOM. RENTS RANGE FROM $585 TO $630.

Last Agent to Sell the Property

Ricky Davis

Stateline Real Estate LLC License #471013255 Listed on: 11/13/2019

Last Buyer's Agent

Ricky Davis

Stateline Real Estate LLC License #471013255 Listed on: 11/13/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,192

Year Built

  • Built in 1970

Lot Details

  • 7,841

Parking

  • 4 Car Parking Spaces

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Siding

Interior Spaces

  • 3,480 Sq Ft Home
  • 2-Story Property
  • Stove
  • Laundry in unit

Schools

  • District 205-Rfd Elementary And Middle School
  • District 205-Rfd High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 4 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,192

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: 3480
  • Front: 113
  • General Features: Laundry in Unit
  • Grid: 14
  • Legal Description: SUMMERDALE SUBD PT SE 1/4 NE 1/4 SEC 10-44-1 LOT 131
  • Lvt Date: 11/13/2019
  • Rear: 110
  • Side 1: 97
  • Side 2: 93
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Agent Only_ L A1 User Code: 5696
  • Elementary School: District 205-RFD
  • Pertinent Facts: 4 UNIT MULTI-FAMILY BUILDING. ALL 4 UNITS EACH HAVE 2 BEDROOMS, A FULL BATHROOM, AND A HALF BATHROOM. RENTS RANGE FROM $585 TO $630.
  • L O1 Brokerage Number: 481012800
  • S O1 Brokerage Number: 481012800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Building Info

  • Year Built: 1970

Tax Info

  • Year: 2018
  • Taxes: 5192

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
Nov 13, 2019
Closed on
May 11, 2020
Sold by
City West One Metropolitan Investments
Bought by
Realington Enterprises Llc-Next
Seller's Agent
Ricky Davis
Stateline Real Estate LLC
Buyer's Agent
Ricky Davis
Stateline Real Estate LLC
List Price
$149,900
Sold Price
$118,000
Premium/Discount to List
-$31,900
-21.28%
Current Estimated Value
$225,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,333
Avg. Annual Appreciation
13.47%
Original Mortgage
$120,000
Outstanding Balance
$106,917
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$123,083
Source: Public Records

Range of Values:

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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
Realington Enterprises Llc-Next $118,000 Schlueter Ecklund & Davitt/Nn
Realington Enterprises Llc-Nex $118,000 Schlueter Ecklund & Davitt/Nn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Realington Enterprises Llc-Nex $120,000
Closed Realington Enterprises Llc-Next $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2020 05/12/20 Sold $118,000 -21.3% $34 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
11/13/2019 11/13/19 For Sale $149,900 -- $43 / 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 $5,620 $59,301 $3,876 $55,425
2023 $5,429 $52,289 $3,418 $48,871
2022 $5,340 $46,737 $3,055 $43,682
2021 $5,252 $42,854 $2,801 $40,053
2020 $5,209 $40,512 $2,648 $37,864
2019 $5,173 $38,612 $2,524 $36,088
2018 $5,230 $36,389 $2,379 $34,010
2017 $5,207 $35,097 $2,277 $32,820
2016 $5,202 $34,439 $2,234 $32,205
2015 $5,268 $34,439 $2,234 $32,205
2014 $5,322 $35,777 $2,793 $32,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201907306

NorthWest Illinois Alliance of REALTORS®

APN: 11-10-278-003