$105,000
SOLD MAR 28, 2025

401 Homestead Ln Rockford, IL 61102

4 Beds
1.5 Baths
3,178 Sq Ft
0.5 Acres

Recently Sold

$33 Per Sq Ft

30% Below List Price

113 Days on Market

Highlights

  • Living Room with Fireplace
  • Ranch Style House
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • 5-minute walk to Park-er–Woods Park

About This Home

As of March 2025

This ranch home requires TLC due to extensive water damage from the summer rains of 2024. The main floor includes a living room, separate dining room, eat-in kitchen, 4 bedrooms, and a log-interior all-seasons room. The lower level offers a laundry room and rec room. Included is refrigerator, stove, dishwasher, microwave, washer, dryer, water softener and sump pump. Additional features include a 2-car garage, deck, and central air, which was updated within the last 3 years. Furnace is between 8-10 years old. With some work, this home has great potential to be a charming and comfortable space.

Last Agent to Sell the Property

Toni Vander Heyden

Keller Williams Realty Signature License #475142387 Listed on: 11/25/2024

Keller Williams Realty Signature

Last Buyer's Agent

Miguel Lobato

Gambino Realtors Home Builders License #475146683

Gambino Realtors Home Builders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,881

Year Built

  • Built in 1960

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 162x150x162x150

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 3,178 Sq Ft Home
  • Gas Log Fireplace
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room

Kitchen

  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Finished Basement Bathroom

Schools

  • Ellis Arts Academy Elementary School
  • Kennedy Middle School
  • Auburn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,881

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Water Softener Owned
  • Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 770
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Drapes/Blinds, Separate Dining Room
  • LivingArea: 3178
  • Room Type: Recreation Room, Sun Room
  • Estimated Total Finished Sq Ft: 3178
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2408
  • Basement Sq Ft: 770
  • Fireplace Location: Living Room
  • Total Sq Ft: 3178
  • Main Level Sq Ft: 2408
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 121500
  • Waterfront: No
  • Exterior Building Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ellis Arts Academy
  • High School: Auburn High School
  • Middle/Junior School: Kennedy Middle School
  • Middle/Junior School District: 205

Lot Info

  • Lot Size Acres: 0.5
  • Lot Dimensions: 162X150X162X150
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1881
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Pierce Floyd F
Bought by
Pierce Floyd F and Ellis Tracy Lynn
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
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $49,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Pending -- -- --
06/30/2025 06/30/25 Price Changed $285,000 -4.7% $74 / Sq Ft
06/17/2025 06/17/25 For Sale $299,000 +184.8% $78 / Sq Ft
03/28/2025 03/28/25 Sold $105,000 -13.6% $33 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/07/2025 03/07/25 Price Changed $121,500 -5.8% $38 / Sq Ft
12/11/2024 12/11/24 Price Changed $129,000 -14.0% $41 / Sq Ft
11/25/2024 11/25/24 For Sale $150,000 -- $47 / 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 $1,732 $68,020 $3,799 $64,221
2023 $1,882 $59,977 $3,350 $56,627
2022 $2,061 $53,608 $2,994 $50,614
2021 $2,208 $49,154 $2,745 $46,409
2020 $2,308 $46,468 $2,595 $43,873
2019 $2,401 $44,289 $2,473 $41,816
2018 $2,632 $41,460 $2,331 $39,129
2017 $3,354 $39,679 $2,231 $37,448
2016 $3,308 $38,935 $2,189 $36,746
2015 $2,714 $38,935 $2,189 $36,746
2014 $2,489 $40,767 $2,728 $38,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12216933

Midwest Real Estate Data (MRED)

APN: 11-19-301-011