322 S Prospect St Rockford, IL 61104
Highland Area NeighborhoodEstimated Value: $117,000 - $140,000
4
Beds
2
Baths
2,296
Sq Ft
$55/Sq Ft
Est. Value
About This Home
This home is located at 322 S Prospect St, Rockford, IL 61104 and is currently estimated at $125,264, approximately $54 per square foot. 322 S Prospect St is a home located in Winnebago County with nearby schools including Bloom Elementary School, Abraham Lincoln Middle School, and Rockford East High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 25, 2024
Sold by
Region Rockford Llc
Bought by
Rockford G7 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,379,815
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
-$2,254,551
Purchase Details
Closed on
Jul 8, 2022
Sold by
Chabad Lubavitch Of Rockford Nfp
Bought by
Region Rockford Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,514
Interest Rate
5.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 4, 2017
Sold by
Northwest Bk Of Rockford
Bought by
Chabad Lubavitch Of Rockford N
Purchase Details
Closed on
Oct 17, 2006
Bought by
Murray Robert
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rockford G7 Llc | $3,200,000 | None Listed On Document | |
| Rockford G7 Llc | $3,200,000 | None Listed On Document | |
| Region Rockford Llc | -- | None Listed On Document | |
| Chabad Lubavitch Of Rockford N | -- | Title Underwriters Agency | |
| Murray Robert | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rockford G7 Llc | $2,400,000 | |
| Closed | Rockford G7 Llc | $2,400,000 | |
| Previous Owner | Region Rockford Llc | $507,514 |
Source: Public Records
Tax History Compared to Growth
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 | $2,698 | $28,471 | $3,555 | $24,916 |
| 2023 | $2,457 | $23,661 | $3,135 | $20,526 |
| 2022 | $2,416 | $21,148 | $2,802 | $18,346 |
| 2021 | $2,377 | $19,391 | $2,569 | $16,822 |
| 2020 | $2,357 | $18,332 | $2,429 | $15,903 |
| 2019 | $2,341 | $17,472 | $2,315 | $15,157 |
| 2018 | $2,357 | $16,466 | $2,182 | $14,284 |
| 2017 | $2,338 | $15,758 | $2,088 | $13,670 |
| 2016 | $2,336 | $15,463 | $2,049 | $13,414 |
| 2015 | $2,365 | $15,463 | $2,049 | $13,414 |
| 2014 | $2,477 | $16,651 | $2,567 | $14,084 |
Source: Public Records
Map
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