Seller's Agent in 2022
Eric Bird
Bird Realty
(815) 973-6768
28 in this area
163 Total Sales
405 2nd Ave Rock Falls, IL 61071
Estimated Value: $131,000 - $152,000
4
Beds
3
Baths
--
Sq Ft
6,970
Sq Ft Lot
Highlights
- Farmhouse Style Home
- Porch
- Forced Air Heating System
- Rock Falls Middle School Rated 9+
- Home Security System
About This Home
As of January 2022Beautifully Remodeled 3 unit building in Rock Falls offering two, 2 bedroom units and one studio apartment. Tenant pays electric and gas, owner pays for water, sewer, garbage. 3 newer furnaces and A/C units. 3 newer water heaters. Updated plumbing and electrical service. Newer roof, siding and windows. Many additional improvements have been made recently including new sidewalks and patio area, trees have been removed, and a privacy fence has also been installed. This building is in excellent condition. Great, low maintenance, turn key investment property with strong cash flow. This property will make an excellent addition to any investment portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,219
Year Renovated
- 2014
Lot Details
- 6,970
Home Design
- Farmhouse Style Home
- Stone Foundation
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Bathrooms
Schools
- Rock Falls Middle School
- Rock Falls Township High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Partial Basement
- Porch
- Lot Dimensions are 57x120
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $800
- Water Sewer Expense $2,280
- Net Operating Income $13,869
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 28, 2025
Sold by
Jarrett Cal
Bought by
Seidel David L and Seidel Janice F
Current Estimated Value
Purchase Details
Listed on
Jan 13, 2022
Closed on
Dec 21, 2021
Sold by
Fullman Gregory S
Bought by
Jarrett Cal
Seller's Agent
Eric Bird
Bird Realty
Buyer's Agent
JD Gieson
RE/MAX of Rock Valley
List Price
$119,900
Sold Price
$119,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$117,727
Interest Rate
3.11%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 31, 2010
Sold by
Solomon Barbara L
Bought by
Northwest Homes Inc
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 |
|---|---|---|---|
| Seidel David L | -- | None Listed On Document | |
| Jarrett Cal | $40,000 | Cook Frank | |
| Northwest Homes Inc | $28,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jarrett Cal | $117,727 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/14/2022 01/14/22 | Sold | $119,900 | 0.0% | -- |
| 01/13/2022 01/13/22 | Pending | -- | -- | -- |
| 01/13/2022 01/13/22 | For Sale | $119,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,773 | $34,395 | $5,546 | $28,849 |
| 2023 | $3,558 | $31,721 | $5,115 | $26,606 |
| 2022 | $3,343 | $28,909 | $4,823 | $24,086 |
| 2021 | $3,215 | $27,350 | $4,563 | $22,787 |
| 2020 | $3,219 | $26,882 | $4,485 | $22,397 |
| 2019 | $3,048 | $25,921 | $4,325 | $21,596 |
| 2018 | $2,851 | $25,344 | $4,229 | $21,115 |
| 2017 | $2,850 | $24,869 | $4,150 | $20,719 |
| 2016 | $2,797 | $24,451 | $4,080 | $20,371 |
| 2015 | $1,965 | $18,280 | $4,285 | $13,995 |
| 2014 | $1,957 | $17,792 | $4,171 | $13,621 |
| 2013 | $1,965 | $18,280 | $4,285 | $13,995 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Bird
-
JD Gieson
Buyer's Agent in 2022
JD Gieson
RE/MAX
(815) 677-1873
102 in this area
494 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11303561
APN: 1128440004
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