Seller's Agent in 2019
Eric Bird
Bird Realty
(815) 973-6768
191 Total Sales
406 2nd Ave Rock Falls, IL 61071
Estimated Value: $173,958
2
Beds
7
Baths
--
Sq Ft
0.33
Acres
About This Home
As of September 2019Excellent cash flow on this building offering 9 total units including a 1 bedroom apartment, 8 large sleeping rooms, and 5 garage stalls for even more income. Coin operated laundry in lower level. New furnace in 2018. Railing installed on wrap around porch in 2018. Emergency exit for 2nd floor units. Experienced on site manager lives in the 1 bedroom apartment and may be willing to stay to make owning this income producing investment even easier!
Last Buyer's Agent
Brian Corwell
RE/MAX Sauk Valley License #475125153
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,055
Lot Details
- 0.33
Home Design
- Vinyl Siding
Utilities
- Central Air
Additional Features
- Unfinished Basement
Community Details
- Insurance Expense $2,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2019
Closed on
Sep 30, 2019
Sold by
Fullman Gregory S
Bought by
Fth Holdings Llc
Seller's Agent
Eric Bird
Bird Realty
Buyer's Agent
Brian Corwell
RE/MAX Sauk Valley
List Price
$139,900
Sold Price
$124,000
Premium/Discount to List
-$15,900
-11.37%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,958
Avg. Annual Appreciation
6.57%
Original Mortgage
$75,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Apr 19, 2011
Sold by
Sauk Valley Bank & Trust Co
Bought by
Northwest Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
4.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Nov 13, 2009
Sold by
Northwest Developers Llc
Bought by
Northwest Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
6%
Mortgage Type
Future Advance Clause Open End 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 |
|---|---|---|---|
| Fth Holdings Llc | $124,000 | -- | |
| Northwest Homes Inc | $28,000 | None Available | |
| Northwest Homes Inc | $91,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Fth Holdings Llc | $75,000 | |
| Previous Owner | Fullman Gregory S | $200,000 | |
| Previous Owner | Northwest Homes Inc | $124,447 | |
| Previous Owner | Northwest Homes Inc | $75,000 | |
| Previous Owner | Northwest Homes Inc | $250,000 | |
| Previous Owner | Northwest Homes Inc | $160,000 | |
| Previous Owner | Northwest Homes Inc | $237,000 | |
| Previous Owner | Northwest Homes Inc | $77,000 | |
| Previous Owner | Northwest Homes Inc | $95,500 | |
| Previous Owner | Northwest Developers Llc | $80,337 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2019 09/30/19 | Sold | $124,000 | -11.4% | -- |
| 09/04/2019 09/04/19 | Pending | -- | -- | -- |
| 06/25/2019 06/25/19 | For Sale | $139,900 | -- | -- |
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 | $3,055 | $27,849 | $5,386 | $22,463 |
| 2023 | $3,124 | $27,849 | $5,386 | $22,463 |
| 2022 | $3,105 | $26,849 | $5,386 | $21,463 |
| 2021 | $3,156 | $26,849 | $5,386 | $21,463 |
| 2020 | $3,215 | $26,849 | $5,386 | $21,463 |
| 2019 | $3,157 | $26,849 | $5,386 | $21,463 |
| 2018 | $3,021 | $26,849 | $5,386 | $21,463 |
| 2017 | $3,076 | $26,849 | $5,386 | $21,463 |
| 2016 | $3,071 | $26,849 | $5,386 | $21,463 |
| 2015 | $3,031 | $28,202 | $5,657 | $22,545 |
| 2014 | $3,019 | $27,449 | $5,506 | $21,943 |
| 2013 | $3,031 | $28,202 | $5,657 | $22,545 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Bird
-
B
Buyer's Agent in 2019
Brian Corwell
RE/MAX
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10430969
APN: 1128438010
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