NOT LISTED FOR SALE

Estimated Value: $186,000 - $208,000

4 Beds
4 Baths
2,310 Sq Ft
$85/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $90,000 $39 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,516/month

82 Days on Market

Highlights

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

About This Home

As of September 2016

All Brick 4-Plex across from school. 400 - 425 rent per month. Tenants pay all utilities except water & garbage. LR 13.9 x 13/ KIT 11 x 8/ BR 12 x 10. 2 New Furnaces-2015. 1 Stove-2014. 1 New Water Heater. Gutters 4 ears. Laundry Hook-Ups in basement. Private Parking Pad for 3 cars Plus off street parking. On Bus Route. Hardwood Floors! Easy access to I 90/39

Last Agent to Sell the Property

Cheryl Jacobs

DICKERSON & NIEMAN License #475130645 Listed on: 05/27/2016

DICKERSON & NIEMAN

Last Buyer's Agent

Dara Dickinson

Gambino Realtors License #475139008

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 9,148

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2,310 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Stove

Parking

  • 3 Car Parking Spaces
  • Additional Parking

Schools

  • Whitehead Elementary School
  • Bernard W Flinn Middle School
  • Rockford East High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 4 Units
  • 1-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2310
  • Front: 75
  • General Features: Additional Parking, Laundry in Building
  • Grid: 76
  • Legal Description: Lot 4, Block 6, Jefferson Heights, Plat 2
  • Lvt Date: 05/27/2016
  • Rear: 60
  • Side 1: 161.42
  • Side 2: 135
  • Style: 1 Story
  • Type: 3 - 4 Units
  • Total Assessed Value: 98,830
  • Annual Insurance Expense: 1000
  • Maintenance Yr: 400
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 4
  • Potential Income: 19800
  • Utilities Yr: 1680
  • Agent Only_ L A1 User Code: 4892
  • Elementary School: Whitehead Elementary
  • Pertinent Facts: All Brick 4-Plex across from school. 400 - 425 rent per month. Tenants pay all utilities except water & garbage. LR 13.9 x 13/ KIT 11 x 8/ BR 12 x 10. 2 New Furnaces-2015. 1 Stove-2014. 1 New Water Heater. Gutters 4 ears. Laundry Hook-Ups in basement. Private Parking Pad for 3 cars Plus off street parking. On Bus Route. Hardwood Floors! Easy access to I 90/39
  • L O1 Brokerage Number: 478003863
  • S O1 Brokerage Number: 478003863
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 3

Utilities

  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

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

Building Info

  • Year Built: 1957

Tax Info

  • Year: 2015
  • Taxes: 5038

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
May 27, 2016
Closed on
Sep 16, 2016
Sold by
Allen Eleanor M
Bought by
Arevalo David
Seller's Agent
Cheryl Jacobs
DICKERSON & NIEMAN
Buyer's Agent
Dara Dickinson
Gambino Realtors
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%
Current Estimated Value
$196,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,520
Avg. Annual Appreciation
8.72%
Original Mortgage
$67,500
Outstanding Balance
$55,159
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$135,484
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
Arevalo David $90,000 Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arevalo David $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $90,000 -9.1% $39 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $99,000 -- $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 $5,432 $57,318 $5,817 $51,501
2023 $5,248 $50,540 $5,129 $45,411
2022 $5,161 $45,173 $4,584 $40,589
2021 $5,077 $41,420 $4,203 $37,217
2020 $5,035 $39,156 $3,973 $35,183
2019 $5,000 $37,320 $3,787 $33,533
2018 $5,005 $35,075 $3,569 $31,506
2017 $4,980 $33,568 $3,416 $30,152
2016 $4,976 $32,939 $3,352 $29,587
2015 $2,519 $32,939 $3,352 $29,587
2014 $4,900 $32,941 $4,190 $28,751
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201603128

NorthWest Illinois Alliance of REALTORS®

APN: 12-31-453-004