$122,000
SOLD JAN 28, 2025

401 E 7th St Rock Falls, IL 61071

3 Beds
1.5 Baths
1,014 Sq Ft
0.3 Acres

Recently Sold

$120 Per Sq Ft

3% Above List Price

13 Days on Market

Highlights

  • 1 Car Detached Garage
  • Living Room
  • Shed
  • Rock Falls Middle School Rated 9+
  • Laundry Room
  • 4-minute walk to Wallingford Park

About This Home

As of January 2025

Ring in the new year with this adorable 3 bedroom, 1 bath house with plenty of living space! Sitting on a large .3 acre lot with plenty of outdoor space. This move in ready house features a main level cozy living room, kitchen and one bedroom. The main bedroom, bathroom and third bedroom are located on the second level. Kitchen has ample counter and cabinet space with nice oak finishings. The basement features the laundry room, plenty of storage space and even the potential for a finished second bathroom. Schedule your appointment today!

Last Agent to Sell the Property

Korinna Ramirez

Bardier & Ramirez Real Estate License #475201338 Listed on: 12/23/2024

Last Buyer's Agent

Debbie Flannery

eXp Realty License #475116324

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,533

Year Built

  • Built in 1950

Parking

  • 1 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,014 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Rock Falls Township High School

Additional Features

  • Shed
  • Lot Dimensions are 62x210
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,533

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1014
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Rock Falls Township High School

Lot Info

  • Lot Dimensions: 62X210
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 2533
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2024
Closed on
Jan 27, 2025
Sold by
Brown Kaitlin A
Bought by
Zitelman Elisha J
Seller's Agent
Korinna Ramirez
Bardier & Ramirez Real Estate
Buyer's Agent
Debbie Flannery
eXp Realty
List Price
$118,000
Sold Price
$122,000
Premium/Discount to List
$4,000
3.39%
Views
24
Current Estimated Value
$129,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,593
Avg. Annual Appreciation
6.63%
Original Mortgage
$119,790
Outstanding Balance
$119,056
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$10,537

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 1, 2021
Sold by
Schilling Mark I
Bought by
Brown Kaitlin A
Seller's Agent
Frank Murphy
RE/MAX Sauk Valley
Buyer's Agent
Valynda Bushman
RE/MAX Sauk Valley
List Price
$89,900
Sold Price
$88,000
Premium/Discount to List
-$1,900
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$85,360
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2012
Sold by
Lasson Rex
Bought by
Schilling Mark I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,975
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Lasson Rex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 6, 2009
Sold by
Amersquita Phillip J
Bought by
The Secretary Of Housing & Urban Develop
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 Type Sale Price Title Company
Warranty Deed $122,000 None Listed On Document
Warranty Deed $88,000 None Available
Warranty Deed $76,000 None Available
Warranty Deed -- None Available
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,790 FHA
Previous Owner $85,360 Purchase Money Mortgage
Previous Owner $73,975 FHA
Previous Owner $950,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2025 01/28/25 Sold $122,000 +3.4% $120 / Sq Ft
01/05/2025 01/05/25 Pending -- -- --
01/05/2025 01/05/25 For Sale $118,000 0.0% $116 / Sq Ft
12/28/2024 12/28/24 Pending -- -- --
12/23/2024 12/23/24 For Sale $118,000 +34.1% $116 / Sq Ft
09/30/2021 09/30/21 Sold $88,000 -2.1% $87 / Sq Ft View Prior Sale
08/20/2021 08/20/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $89,900 -- $89 / Sq Ft
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 $2,741 $30,988 $7,494 $23,494
2023 $2,533 $28,578 $6,911 $21,667
2022 $2,422 $26,945 $6,516 $20,429
2021 $2,291 $25,492 $6,165 $19,327
2020 $2,282 $25,056 $6,060 $18,996
2019 $2,135 $24,159 $5,843 $18,316
2018 $1,982 $23,621 $5,713 $17,908
2017 $1,968 $23,178 $5,606 $17,572
2016 $1,920 $22,789 $5,512 $17,277
2015 $118 $17,019 $5,790 $11,229
2014 $1,162 $16,564 $5,635 $10,929
2013 $118 $17,019 $5,790 $11,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12260177

Midwest Real Estate Data (MRED)

APN: 1127311023