$160,000
SOLD SEP 13, 2024
6 Beds
3 Baths
-- Sq Ft
7,492 Sq Ft Lot

Recently Sold

9% Below List Price

4 Days on Market

About This Home

As of September 2024

Great condition is the side by side brick duplex in convenient location. Good rents and long term tenants. 3 bedrooms and 1bath; both have full basements and the front unit basement is partially finished with a 2nd bathroom. Newer furnaces and roof. Washer/dryer hook up on both units. 3616 pays an additional $100 monthly as a utility fee to help offset water, sewer and garbage.

Last Agent to Sell the Property

Angie Wait

Keller Williams Realty Signature License #475148472 Listed on: 08/12/2024

Keller Williams Realty Signature

Last Buyer's Agent

Kendra Monroe

Keller Williams Realty Signature

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,270

Year Built

  • Built in 1963

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking

Schools

  • Whitehead Elementary School
  • Bernard W Flinn Middle School
  • Rockford East High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 59x138

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $3,672
  • Manager Expense $2,154
  • Trash Expense $617
  • Water Sewer Expense $627

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,270

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1

Exterior Features

  • List Price: 175000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 2154

Fee Information

  • Trash Expense: 617
  • Water Sewer Expenses: 627

Schools

  • Elementary School: Whitehead Elementary School
  • High School: Rockford East High School
  • Middle/Junior School: Bernard W Flinn Middle School
  • Middle/Junior School District: 205

Lot Info

  • Lot Dimensions: 59X138
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Insurance Expense: 3672
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 1 Story Unit/s

Tax Info

  • Tax Annual Amount: 4270
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Sep 19, 2024
Sold by
Rose Joseph Kevin
Bought by
Jkr Properties Of Il Llc
Seller's Agent
Angie Wait
Keller Williams Realty Signature
Buyer's Agent
Kendra Monroe
Keller Williams Realty Signature
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Views
4
Current Estimated Value
$165,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,459
Avg. Annual Appreciation
3.56%
Original Mortgage
$120,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2024
Closed on
Sep 12, 2024
Sold by
Rj Key Properties Llc
Bought by
Rose Joseph Kevin
Seller's Agent
Angie Wait
Keller Williams Realty Signature
Buyer's Agent
Kendra Monroe
Keller Williams Realty Signature
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2014
Sold by
Rockford Harrison Duplex Llc
Bought by
Rj Key Properties Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $160,000 None Listed On Document
Grant Deed -- Mtc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $160,000 -8.6% --
08/16/2024 08/16/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $175,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,419 $46,635 $5,097 $41,538
2023 $4,270 $41,120 $4,494 $36,626
2022 $3,929 $34,387 $4,017 $30,370
2021 $3,864 $31,530 $3,683 $27,847
2020 $3,833 $29,807 $3,482 $26,325
2019 $3,806 $28,410 $3,319 $25,091
2018 $3,702 $24,317 $3,127 $21,190
2017 $3,889 $26,211 $2,993 $23,218
2016 $3,885 $25,720 $2,937 $22,783
2015 $3,934 $25,720 $2,937 $22,783
2014 $4,862 $27,179 $3,664 $23,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12136696

Midwest Real Estate Data (MRED)

APN: 12-32-355-012