Seller's Agent in 2021
JD Gieson
RE/MAX
(815) 677-1873
105 in this area
490 Total Sales
404 8th Ave Rock Falls, IL 61071
Estimated Value: $126,000 - $164,000
8
Beds
4
Baths
--
Sq Ft
7,841
Sq Ft Lot Lot
About This Home
As of June 2021404-406 8th Avenue.. Great investment opportunity! *Part of larger investment portfolio* ... This property features 4, 2 story & 2 bedroom townhouses. Each unit has gas heat and central air, as well as washer/dryer hookups. Landlord only access to basement. 1 parking spot per unit, plus off street parking available. Tenants pay all utilities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,069
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 80x100
Home Design
- Slab Foundation
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
- Parking Included in Price
Schools
- Rock Falls Township High School
Additional Features
- 2-Story Property
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
Building Details
- Gross Income $24,751
- Net Operating Income $12,443
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2024
Sold by
Sa House Rentals Llc
Bought by
Rentco Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,344,000
Outstanding Balance
$1,311,098
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$1,163,801
Purchase Details
Listed on
Apr 22, 2021
Closed on
Jun 29, 2021
Sold by
H & H Rental Props Llc
Bought by
Sa House Rentals Llc
Seller's Agent
JD Gieson
RE/MAX of Rock Valley
Buyer's Agent
JD Gieson
RE/MAX of Rock Valley
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Original Mortgage
$620,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rentco Llc | $1,344,000 | None Listed On Document | |
| Rentco Llc | $1,344,000 | None Listed On Document | |
| Sa House Rentals Llc | $720,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rentco Llc | $1,344,000 | |
| Closed | Rentco Llc | $1,344,000 | |
| Previous Owner | Sa House Rentals Llc | $620,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2021 06/29/21 | Sold | $130,000 | -13.3% | -- |
| 05/04/2021 05/04/21 | Pending | -- | -- | -- |
| 04/22/2021 04/22/21 | For Sale | $150,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $4,995 | $45,535 | $3,231 | $42,304 |
| 2023 | $4,711 | $41,995 | $2,980 | $39,015 |
| 2022 | $4,463 | $38,596 | $2,810 | $35,786 |
| 2021 | $4,292 | $36,514 | $2,658 | $33,856 |
| 2020 | $4,297 | $35,890 | $2,613 | $33,277 |
| 2019 | $4,069 | $34,607 | $2,520 | $32,087 |
| 2018 | $3,807 | $33,836 | $2,464 | $31,372 |
| 2017 | $3,804 | $33,202 | $2,418 | $30,784 |
| 2016 | $3,734 | $32,643 | $2,377 | $30,266 |
| 2015 | $3,685 | $34,289 | $2,497 | $31,792 |
| 2014 | $367 | $33,373 | $2,430 | $30,943 |
| 2013 | $3,685 | $34,289 | $2,497 | $31,792 |
Source: Public Records
Agents Affiliated with this Home
-
JD Gieson
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11063249
APN: 1128329036
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.