NOT LISTED FOR SALE

3324 Sunnyside Ave Rockford, IL 61101

Central Park Neighborhood

Estimated Value: $101,000 - $131,000

4 Beds
2 Baths
1,650 Sq Ft
$69/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $52,000 $32 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $775/month

10 Days on Market

About This Home

As of March 2020

Investment Opportunity! Turnkey investor package with a great ROI Fully rented (8) ranch duplexes, 4 with basements. Well maintained with long term tenants. All roofs replaced in 2013. 4 units have had windows replaced. 4 buildings are handicap assessable. Laundry hook up’s in each unit. Separate utilities. No Basement. Owner pays sewer, water and garbage. Plenty of off-street parking on a low traffic street. Owner retiring and prefers to sell 8 as a package.

Last Agent to Sell the Property

Mike Lunde

Gambino Realtors License #475129518 Listed on: 01/27/2020

Last Buyer's Agent

Jason Sarwar

Berkshire Hathaway HomeServices Crosby Starck RE License #475131673

Berkshire Hathaway HomeServices Crosby Starck RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,738

Year Built

  • Built in 1966

Lot Details

  • 6,534

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Stove
  • Laundry in unit

Location

  • In Flood Plain

Schools

  • Conklin Elementary School
  • West Middle School
  • Auburn High School

Utilities

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

Community Details

  • 2 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,738

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1650
  • Front: 50
  • General Features: Laundry in Unit, Main Floor Master
  • Grid: 14
  • Legal Description: CENTRAL PK 5TH ADD LOT 015 BLOCK 034
  • Located In Flood Plain: Yes
  • Lvt Date: 01/27/2020
  • Rear: 50
  • Side 1: 133
  • Side 2: 133
  • Style: 1 Story
  • Type: 2 Units
  • Total Assessed Value: 38778
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 4554
  • Elementary School: Conklin Elementary
  • Pertinent Facts: Investment Opportunity! Turnkey investor package with a great ROI Fully rented (8) ranch duplexes, 4 with basements. Well maintained with long term tenants. All roofs replaced in 2013. 4 units have had windows replaced. 4 buildings are handicap assessable. Laundry hook up’s in each unit. Separate utilities. No Basement. Owner pays sewer, water and garbage. Plenty of off-street parking on a low traffic street. Owner retiring and prefers to sell 8 as a package.
  • L O1 Brokerage Number: 478003863
  • S O1 Brokerage Number: 481011334
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Slab

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: Conklin Elementary
  • Middle School: West Middle
  • High School: Auburn High

Building Info

  • Year Built: 1966

Tax Info

  • Year: 2018
  • Taxes: 1738

MLS Schools

  • HighSchool: Auburn High
  • School District: Rockford 205
  • Middle School: West Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Mar 20, 2020
Sold by
Goodwin Joe P
Bought by
Simba Rentals Llc
Seller's Agent
Mike Lunde
Gambino Realtors
Buyer's Agent
Jason Sarwar
Berkshire Hathaway HomeServices Crosby Starck RE
List Price
$52,000
Sold Price
$52,000
Current Estimated Value
$113,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,942
Avg. Annual Appreciation
15.01%
Original Mortgage
$356,800
Outstanding Balance
$315,395
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
-$201,453
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
Simba Rentals Llc $52,000 Thompson James C
Simba Rentals Llc $52,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simba Rentals Llc $356,800
Closed Simba Rentals Llc $356,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $52,000 0.0% $32 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $52,000 -- $32 / 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 $2,134 $22,522 $1,283 $21,239
2023 $2,062 $19,859 $1,131 $18,728
2022 $2,028 $17,750 $1,011 $16,739
2021 $1,995 $16,275 $927 $15,348
2020 $1,744 $13,562 $876 $12,686
2019 $1,732 $12,926 $835 $12,091
2018 $1,744 $12,182 $787 $11,395
2017 $1,730 $11,658 $753 $10,905
2016 $1,728 $11,440 $739 $10,701
2015 $1,750 $11,440 $739 $10,701
2014 $1,702 $11,440 $922 $10,518
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mike Lunde

    Gambino Realtors

    Section Image
  • Jason Sarwar

    Buyer's Agent in 2020

    Jason Sarwar

    Berkshire Hathaway HomeServices Crosby Starck Real Estate

    (815) 975-0676

    14 Total Sales

    Jason Sarwar
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202000394

NorthWest Illinois Alliance of REALTORS®

APN: 11-15-129-004

Illinois Winnebago County Rockford 61101 Central Park

3324 Sunnyside Ave, Rockford, IL

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