328 S Prospect St Rockford, IL 61104
Highland Area Neighborhood
--
Bed
--
Bath
2,586
Sq Ft
7,841
Sq Ft Lot
Highlights
- Deck
- Brick or Stone Mason
- Forced Air Heating System
- Covered patio or porch
- Pergola
- Laundry Facilities
About This Home
As of January 2023Investment Opportunity! Brick 3-family with two one-bedroom units and one two-bedroom unit. All of the units have new flooring, paint, kitchens, and baths. New roof in the last few years. Each unit has their own furnace (2 yrs old). Off-street parking; near Swedish American and town area. Rents total $1800/month when fully occupied. Square footage per unit is estimated. Please independently verify all information, including schools and taxes.
Last Agent to Sell the Property
Emerald Realty Group of Rockford, PLLC License #475157672 Listed on: 12/29/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,671
Year Built
- Built in 1900
Home Design
- Brick or Stone Mason
- Shingle Roof
Interior Spaces
- 2,586 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Stove
- Range
Outdoor Features
- Deck
- Covered patio or porch
- Pergola
Schools
- C Henry Bloom Elementary School
- Abraham Lincoln Middle School
- Rockford East High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Separate Meters
- Gas Water Heater
Community Details
Overview
- 3 Units
- 2-Story Building
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2022
Closed on
Jan 20, 2023
Sold by
A2b Holding Llc
Bought by
K2k Int Llc
Seller's Agent
Maureen McCarty
Emerald Realty Group of Rockford, PLLC
Buyer's Agent
Carlos Serna
Century 21 Affiliated
List Price
$124,900
Sold Price
$116,000
Premium/Discount to List
-$8,900
-7.13%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,807
Avg. Annual Appreciation
8.40%
Purchase Details
Listed on
Sep 24, 2021
Closed on
Nov 5, 2021
Sold by
Matthew Iverson
Bought by
A2b Holdings Llc
Seller's Agent
Douglas Weber
Bird Realty
Buyer's Agent
Jorge DaSilva
Key Realty
List Price
$84,000
Sold Price
$82,500
Premium/Discount to List
-$1,500
-1.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.53%
Original Mortgage
$114,750
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 5, 2019
Closed on
Oct 10, 2019
Sold by
Chabad Lubavitch Of Rockford
Bought by
Iverson Matthew
Seller's Agent
John Wisch
Keller Williams Realty Signature
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$60,000
Sold Price
$53,500
Premium/Discount to List
-$6,500
-10.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.27%
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
Similar Homes in Rockford, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $116,000 | -- | |
| Warranty Deed | $153,000 | Reese & Reese | |
| Special Warranty Deed | $53,500 | None Listed On Document | |
| Grant Deed | -- | Title Underwriters Agency | |
| Deed | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $483,000 | New Conventional | |
| Previous Owner | $114,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/20/2023 01/20/23 | Sold | $116,000 | -7.1% | $45 / Sq Ft |
| 12/30/2022 12/30/22 | Pending | -- | -- | -- |
| 12/29/2022 12/29/22 | For Sale | $124,900 | +51.4% | $48 / Sq Ft |
| 11/05/2021 11/05/21 | Sold | $82,500 | -1.8% | -- |
| 09/25/2021 09/25/21 | Pending | -- | -- | -- |
| 09/24/2021 09/24/21 | For Sale | $84,000 | +57.0% | -- |
| 10/10/2019 10/10/19 | Sold | $53,500 | -10.8% | $21 / Sq Ft |
| 09/27/2019 09/27/19 | Pending | -- | -- | -- |
| 09/05/2019 09/05/19 | For Sale | $60,000 | -- | $23 / Sq Ft |
Source: NorthWest Illinois Alliance of REALTORS®
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 | $2,858 | $30,156 | $4,525 | $25,631 |
| 2023 | $2,761 | $26,590 | $3,990 | $22,600 |
| 2022 | $2,285 | $19,998 | $3,566 | $16,432 |
| 2021 | $2,671 | $21,792 | $3,270 | $18,522 |
| 2020 | $2,649 | $20,601 | $3,091 | $17,510 |
| 2019 | $2,630 | $19,635 | $2,946 | $16,689 |
| 2018 | $2,900 | $20,252 | $2,777 | $17,475 |
| 2017 | $2,876 | $19,382 | $2,658 | $16,724 |
| 2016 | $2,873 | $19,019 | $2,608 | $16,411 |
| 2015 | $2,909 | $19,019 | $2,608 | $16,411 |
| 2014 | $2,980 | $20,030 | $3,267 | $16,763 |
Source: Public Records
Agents Affiliated with this Home
-
Maureen McCarty
Seller's Agent in 2023
Maureen McCarty
Emerald Realty Group of Rockford, PLLC
(815) 243-7095
2 in this area
119 Total Sales
-
Robert McCarty
R
Seller Co-Listing Agent in 2023
Robert McCarty
Emerald Realty Group of Rockford, PLLC
(815) 243-7095
2 in this area
55 Total Sales
-
Carlos Serna
Buyer's Agent in 2023
Carlos Serna
Century 21 Affiliated
(815) 262-3919
3 in this area
248 Total Sales
-
Douglas Weber
Seller's Agent in 2021
Douglas Weber
Bird Realty
(815) 222-5806
1 in this area
55 Total Sales
-
J
Buyer's Agent in 2021
Jorge DaSilva
Key Realty
-
John Wisch
Seller's Agent in 2019
John Wisch
Keller Williams Realty Signature
(815) 980-2848
53 Total Sales
Map
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202207947
APN: 11-25-131-011
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