NOT LISTED FOR SALE

3437 Gilbert Ave Rockford, IL 61101

Northwest United Neighborhood

Estimated Value: $88,737 - $123,000

2 Beds
1 Bath
820 Sq Ft
$128/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2019

Last sale price $58,900 $72 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $571 / mo

123 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 3-minute walk to Belden Park
  • Fenced Yard

About This Home

As of March 2019

Great business opportunity. 2 bedroom home with many updates including kitchen and bath. Finished lower level with egress window. Oversized lot 330x76. Fenced yard. Additional lot includes 30x40 outbuilding with 6" concrete floor. Owner retiring from concrete business.

Last Agent to Sell the Property

Mike Lunde

Gambino Realtors License #475129518 Listed on: 04/19/2018

Last Buyer's Agent

Mike Lunde

Gambino Realtors License #475129518 Listed on: 04/19/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,138

Year Built

  • Built in 1935

Lot Details

  • 31,799 Sq Ft Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Shingle Roof
  • Siding

Interior Spaces

  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Driveway

Location

  • In Flood Plain

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,138

Year Built

Built in 1935

Lot Details

0.73 Acres

Listing Details

  • Appliances That Stay or Are Included: Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 820
  • Estimated Below Grade Finished Sq Ft: 200
  • Front: 126.34
  • General Features: L.L. Finished Space, Main Floor Master, Fenced Yard
  • Legal Description: Rice & Bakers Sub Lot 75
  • Located In Flood Plain: Yes
  • Lot Acreage: 0.73
  • Lvt Date: 04/19/2018
  • Number of Main Level Full Bathrooms: 1
  • Rear: 126.34
  • Side 1: 330
  • Side 2: 130
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 4554
  • Elementary School: Conklin Elementary
  • Garage Type Driveway: Detached
  • Pertinent Facts: Great business opportunity. 2 bedroom home with many updates including kitchen and bath. Finished lower level with egress window. Oversized lot 330x76. Fenced yard. Additional lot includes 30x40 outbuilding with 6" concrete floor. Owner retiring from concrete business.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Basement Type: Full
  • Master Bedroom: Dimensions: 10.4x10.4, On Level: Main
  • Bedroom 2: Dimensions: 11.7x10.4, On Level: Main
  • Dining Room: Yes, Dimensions: 10.2x12.6
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 12x8.2
  • Living Room: Yes, Dimensions: 12.4x12.4
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City/Community
  • Water: Well
  • Water Heater: Gas

Building Info

  • Year Built: 1935

Tax Info

  • Year: 2017
  • Taxes: 2138

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2021
Sold by
Michael Spera
Bought by
Spera Michael and Allport Steven
Current Estimated Value
$104,934

Purchase Details

Listed on
Apr 19, 2018
Closed on
Mar 8, 2019
Sold by
Adams Garry D and Adams Brenda G
Bought by
Spera Michael
Seller's Agent
Mike Lunde
Gambino Realtors
Buyer's Agent
Mike Lunde
Gambino Realtors
List Price
$57,000
Sold Price
$58,900
Premium/Discount to List
$1,900
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$53,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2006
Bought by
Adams Garry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spera Michael -- None Listed On Document
Spera Michael $58,900 Title Underwriters Agency
Spera Michael $59,000 None Listed On Document
Adams Garry $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spera Michael $53,000
Closed Spera Michael $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2019 03/08/19 Sold $58,900 +9.3% $72 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
07/23/2018 07/23/18 Price Changed $53,900 -5.4% $66 / Sq Ft
04/19/2018 04/19/18 For Sale $57,000 -- $70 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $116 $23,809 $1,289 $22,520
2023 $127 $19,976 $1,138 $18,838
2022 $139 $17,378 $1,016 $16,362
2021 $149 $15,935 $932 $15,003
2020 $265 $15,064 $881 $14,183
2019 $1,375 $14,358 $840 $13,518
2018 $2,036 $14,219 $791 $13,428
2017 $2,019 $13,608 $757 $12,851
2016 $2,017 $13,353 $743 $12,610
2015 $2,043 $13,353 $743 $12,610
2014 $2,063 $13,866 $931 $12,935
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mike Lunde

    Gambino Realtors

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201801894

NorthWest Illinois Alliance of REALTORS®

APN: 11-10-356-009

Illinois Winnebago County Rockford 61101 Northwest United

3437 Gilbert Ave, Rockford, IL

Not Listed for Sale

Detached

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