NOT LISTED FOR SALE

Estimated Value: $183,000 - $230,000

7 Beds
10 Baths
2,888 Sq Ft
$71/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $145,000 $50 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,312/month

222 Days on Market

Highlights

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

About This Home

As of July 2017

Very well maintained brick ranch apartment building near Harrison Ave and Ohio Parkway. Ideal for live-in owner or investor. Each unit has hardwood flooring in Living Room, Bedroom and hallway. Eat in kitchen with appliances. One unit has a separate Dining Room (could be an office). Full basement with spacious private storage units. Separate utilities: 4 Newer GFA furnaces, 4 water heaters, 4 electric services. An additional storage unit for the landlord to store tools, equipment etc. Washer and dryer connection available for each unit. Off street parking for 6 cars. Utility expenses for landlord are: water, sanitary and rubbish. Exterior has newer roof shingles. Agent owned. WILL CONSIDER A CONTRACT OR A TRADE.

Last Agent to Sell the Property

Vic Nafranowicz

Vic Nafranowicz Inc., Realtors License #471004086 Listed on: 11/04/2016

Last Buyer's Agent

Alan Huston

Riverside Realty, Inc. License #471009395

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,263

Year Built

  • Built in 1960

Lot Details

  • 8,276

Parking

  • 6 Car Parking Spaces

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2,888 Sq Ft Home
  • 1-Story Property
  • Storage
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Stove

Schools

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

Utilities

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

Community Details

Overview

  • 4 Units
  • 1-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,263

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2888
  • Front: 56.5
  • General Features: Laundry in Building, Main Floor Master, Storage Area
  • Grid: 76
  • Legal Description: EXC S1901FT ALL E 56.5 FT W742.5 FT S OF S LN SEWARD ST BL 1140-75PT SE 1/4 SEC:31 TWP: O44 RANGE: 002 ACRES: 0.19
  • Lvt Date: 11/04/2016
  • Rear: 56.5
  • Side 1: 132
  • Side 2: 132
  • Style: 1 Story
  • Type: 3 - 4 Units
  • Total Assessed Value: 103220
  • Annual Insurance Expense: 1280
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Utilities Yr: 1921
  • Agent Only_ L A1 User Code: 698
  • Elementary School: District 205-RFD
  • Pertinent Facts: Very well maintained brick ranch apartment building near Harrison Ave and Ohio Parkway. Ideal for live-in owner or investor. Each unit has hardwood flooring in Living Room, Bedroom and hallway. Eat in kitchen with appliances. One unit has a separate Dining Room (could be an office). Full basement with spacious private storage units. Separate utilities: 4 Newer GFA furnaces, 4 water heaters, 4 electric services. An additional storage unit for the landlord to store tools, equipment etc. Washer and dryer connection available for each unit. Off street parking for 6 cars. Utility expenses for landlord are: water, sanitary and rubbish. Exterior has newer roof shingles. Agent owned. WILL CONSIDER A CONTRACT OR A TRADE.
  • L O1 Brokerage Number: 478027336
  • S O1 Brokerage Number: 478012990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 6

Utilities

  • 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: 1960

Tax Info

  • Year: 2015
  • Taxes: 5263

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

Closed on
Oct 3, 2022
Sold by
Victor And Mary A Nafranowicz Trust
Bought by
Tread Safe Properties Inc
Current Estimated Value
$204,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Outstanding Balance
$121,409
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$83,299
Source: Public Records

Range of Values:

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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
Tread Safe Properties Inc $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tread Safe Properties Inc $131,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $145,000 0.0% $50 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
11/04/2016 11/04/16 For Sale $145,000 -- $50 / 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 $6,309 $66,575 $5,514 $61,061
2023 $6,095 $58,703 $4,862 $53,841
2022 $5,995 $52,470 $4,346 $48,124
2021 $5,897 $48,111 $3,985 $44,126
2020 $5,848 $45,482 $3,767 $41,715
2019 $5,807 $43,349 $3,590 $39,759
2018 $5,245 $36,635 $3,383 $33,252
2017 $5,202 $35,061 $3,238 $31,823
2016 $5,197 $34,404 $3,177 $31,227
2015 $5,263 $34,404 $3,177 $31,227
2014 $5,118 $34,406 $3,971 $30,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201606680

NorthWest Illinois Alliance of REALTORS®

APN: 12-31-454-003