$105,000
SOLD JUL 7, 2020

3850 16th Ave Rockford, IL 61108

Five Points Neighborhood
4 Beds
2 Baths
1,932 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

12% Below List Price

48 Days on Market

Highlights

  • Brick or Stone Mason
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Storage

About This Home

As of February 2024

Great Owner Occupied Opportunity on this Nice Ranch Style Duplex with 2 Bedroom, 1 Bath Units. Mostly Brick Exterior. New Soffit, Fascia, Gutters and Downspouts in 2020. 2 Car Garage is shared. Each Side has a Full Basement (a wall separates the 2 units). Each Unit has its own Laundry Hookups. Separate Utilities. Central Air in each unit. Tenants pay their own gas and electric. Owner pays water/sewer/garbage. 1 Unit is currently being left vacant to make it easy to show. 2nd Unit has a long term tenant. Great SE Rockford location near Alpine and Newburg Roads.

Last Agent to Sell the Property

Bradley Thompson

Keller Williams Realty Signature License #475130584 Listed on: 03/01/2020

Keller Williams Realty Signature

Last Buyer's Agent

Joshua Bohling

Berkshire Hathaway HomeServices Crosby Starck RE License #471020759

Berkshire Hathaway HomeServices Crosby Starck RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,652

Year Built

  • Built in 1965

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property
  • Storage
  • Laundry in unit
  • Basement Fills Entire Space Under The House
  • Stove

Schools

  • Rolling Green Elementary School
  • Bernard W Flinn Middle School
  • Rockford East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,652

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1932
  • Front: 50
  • General Features: Laundry in Unit, Main Floor Master, Storage Area
  • Grid: 77
  • Legal Description: MARTINS SUB OF LOG CABIN PK VAC LT 27 & N 9 FT LT 28 AKA VAC ALLEY LYG N & ADJ LTS 27 & 28 (EXC S 1 FT VAC ALLEY LYG N & ADJ LT 28) & ALL LT 27 PT NW1/4 SEC SEC: 32 TWP: 044 R
  • Lvt Date: 03/02/2020
  • Rear: 50
  • Side 1: 150
  • Side 2: 150
  • Style: 1 Story
  • Type: 2 Units
  • Total Assessed Value: 89874
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 17460
  • Agent Only_ L A1 User Code: 4884
  • Elementary School: Rolling Green
  • Pertinent Facts: Great Owner Occupied Opportunity on this Nice Ranch Style Duplex with 2 Bedroom, 1 Bath Units. Mostly Brick Exterior. New Soffit, Fascia, Gutters and Downspouts in 2020. 2 Car Garage is shared. Each Side has a Full Basement (a wall separates the 2 units). Each Unit has its own Laundry Hookups. Separate Utilities. Central Air in each unit. Tenants pay their own gas and electric. Owner pays water/sewer/garbage. 1 Unit is currently being left vacant to make it easy to show. 2nd Unit has a long term tenant. Great SE Rockford location near Alpine and Newburg Roads.
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 481011334
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Rockford 205
  • Elementary School: Rolling Green
  • Middle School: Bernard W Flinn Middle
  • High School: Rockford East High

Building Info

  • Year Built: 1965

Tax Info

  • Year: 2018
  • Taxes: 3652

MLS Schools

  • HighSchool: Rockford East High
  • School District: Rockford 205
  • Middle School: Bernard W Flinn Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Feb 2, 2024
Sold by
Bohling Josh D and Bohling Carrie
Bought by
Dtj Investments Llc
Seller's Agent
Steven Niemczyk
Door To Door Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$172,900
Sold Price
$162,000
Premium/Discount to List
-$10,900
-6.3%
Views
15
Current Estimated Value
$194,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,612
Avg. Annual Appreciation
12.23%
Original Mortgage
$225,000
Outstanding Balance
$171,127
Interest Rate
9%
Mortgage Type
New Conventional
Estimated Equity
$23,485

Purchase Details

Listed on
Jan 23, 2024
Closed on
Jan 31, 2024
Sold by
Bohling Josh D and Bohling Carrie
Bought by
Dtj Investments Llc
Seller's Agent
Steven Niemczyk
Door To Door Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$172,900
Sold Price
$162,000
Premium/Discount to List
-$10,900
-6.3%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$171,127
Interest Rate
9%
Mortgage Type
New Conventional
Estimated Equity
$23,485

Purchase Details

Listed on
Mar 1, 2020
Closed on
Jul 6, 2020
Sold by
Lockinger Michael J and Lockinger Susan J
Bought by
Bohling Josh D and Bohling Carrie
Seller's Agent
Bradley Thompson
Keller Williams Realty Signature
Buyer's Agent
Joshua Bohling
Berkshire Hathaway HomeServices Crosby Starck RE
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$77,350
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2020
Closed on
May 27, 2020
Sold by
Martha Lopez
Bought by
Lockinger Michael J and Lockinger Susan J
Seller's Agent
Bradley Thompson
Keller Williams Realty Signature
Buyer's Agent
Joshua Bohling
Berkshire Hathaway HomeServices Crosby Starck RE
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,350
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2020
Closed on
May 21, 2020
Sold by
Susan J Johnson Trust
Bought by
Lockinger Michael J and Lockinger Susan J
Seller's Agent
Bradley Thompson
Keller Williams Realty Signature
Buyer's Agent
Joshua Bohling
Berkshire Hathaway HomeServices Crosby Starck RE
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,350
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Warranty Deed $162,000 Security First Title
Warranty Deed $162,000 Security First Title
Warranty Deed $105,000 Schlueter Ecklund & Davitt/Nn
Warranty Deed $105,000 None Listed On Document
Quit Claim Deed -- Schlueter Ecklund & Davitt/Nn
Quit Claim Deed -- None Listed On Document
Trustee Deed -- Ecklund Schlueter
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Previous Owner $77,350 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $162,000 -6.3% --
01/24/2024 01/24/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $172,900 +64.7% --
07/07/2020 07/07/20 Sold $105,000 -8.7% $54 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/07/2020 04/07/20 Price Changed $115,000 -4.1% $60 / Sq Ft
03/01/2020 03/01/20 For Sale $119,900 -- $62 / 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 $4,692 $49,512 $4,882 $44,630
2023 $4,533 $43,658 $4,305 $39,353
2022 $4,168 $36,480 $3,848 $32,632
2021 $4,100 $33,449 $3,528 $29,921
2020 $4,066 $31,432 $3,147 $28,285
2019 $4,013 $29,958 $2,999 $26,959
2018 $3,652 $25,593 $2,826 $22,767
2017 $4,103 $27,652 $2,705 $24,947
2016 $4,099 $27,133 $2,654 $24,479
2015 $2,075 $27,133 $2,654 $24,479
2014 $4,167 $27,815 $3,311 $24,504
Source: Public Records

Agents Affiliated with this Home

  • Steven Niemczyk

    Seller's Agent in 2024

    Steven Niemczyk

    Door To Door Realty

    (815) 871-2100

    2 in this area

    88 Total Sales

    Steven Niemczyk
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    NON MEMBER

  • Bradley Thompson

    Seller's Agent in 2020

    Bradley Thompson

    Keller Williams Realty Signature

    (815) 745-2450

    130 Total Sales

    Bradley Thompson
    Section Image

  • J

    Buyer's Agent in 2020

    Joshua Bohling

    Berkshire Hathaway HomeServices Crosby Starck Real Estate

    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202001035

NorthWest Illinois Alliance of REALTORS®

APN: 12-32-127-025

Illinois Winnebago County Rockford 61108 Five Points

3850 16th Ave, Rockford, IL

This home is located at 3850 16th Ave, Rockford, IL 61108 and is currently priced at $105,000, approximately $54 per square foot. This property was built in 1965. 3850 16th Ave is a home located in Winnebago County with nearby schools including Rolling Green Elementary School, Rockford East High School, and Alpine Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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