NOT LISTED FOR SALE

Estimated Value: $154,000 - $284,000

4 Beds
4 Baths
2,436 Sq Ft
$82/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $77,000 $32 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,100/month

79 Days on Market

Highlights

  • Property is near public transit
  • Brick or Stone Mason
  • Water Softener
  • Fenced Yard
  • Central Air
  • Laundry Facilities

About This Home

As of May 2016

Great live in/investment opportunity. All brick 2 family, 2 bedrooms, 2 car garage. Excellent condition, near bus route. Hardwood floors. Full basement. Separate utilities. Central location. Fenced yard.

Last Agent to Sell the Property

Mike Lunde

Gambino Realtors License #475129518 Listed on: 01/18/2016

Co-Listed By

Christine Smith

Real Broker, LLC License #475152617

Last Buyer's Agent

Carl Ratmeyer

Berkshire Hathaway HomeServices Crosby Starck RE License #475138704

Berkshire Hathaway HomeServices Crosby Starck RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,792

Year Built

  • Built in 1961

Lot Details

  • 8,276

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2,436 Sq Ft Home
  • 2-Story Property
  • Stove

Schools

  • District 205-Rfd Elementary And Middle School
  • District 205-Rfd High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater
  • Water Softener

Additional Features

  • Fenced Yard
  • Property is near public transit

Community Details

Overview

  • 2 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,792

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop, Water Softener
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2436
  • Front: 50.74
  • General Features: Fenced Yard, Laundry in Building, On Bus Route
  • Legal Description: Lot 9 Blk 5 Banks & Bakers Sub
  • Lvt Date: 01/18/2016
  • Rear: 50.8
  • Side 1: 134.22
  • Side 2: 134.22
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 55920
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 4554
  • Elementary School: District 205-RFD
  • Pertinent Facts: Great live in/investment opportunity. All brick 2 family, 2 bedrooms, 2 car garage. Excellent condition, near bus route. Hardwood floors. Full basement. Separate utilities. Central location. Fenced yard.
  • L O2 Brokerage Number: 477012769
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1961

Tax Info

  • Year: 2014
  • Taxes: 2792

MLS Schools

  • HighSchool: District 205-RFD
  • School District: Rockford 205
  • Middle School: District 205-RFD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2021
Sold by
Seth Schnoor
Bought by
Schwerin Gary and Schwerin Jennifer S
Current Estimated Value
$199,470

Purchase Details

Listed on
Jan 18, 2016
Closed on
May 6, 2016
Sold by
King Props Of Nthrn Illinois Llc
Bought by
Schnoor Seth
Seller's Agent
Mike Lunde
Gambino Realtors
Buyer's Agent
Carl Ratmeyer
Berkshire Hathaway HomeServices Crosby Starck RE
List Price
$75,000
Sold Price
$77,000
Premium/Discount to List
$2,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$66,269
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2011
Bought by
King William L and King Michelle A
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Schwerin Gary $500 None Listed On Document
Schnoor Seth $77,000 Title Underwriters Agency
King William L $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schnoor Seth $66,269
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $77,000 +2.7% $32 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $75,000 -- $31 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $613 $6,466 $4,988 $1,478
2023 $592 $5,701 $4,398 $1,303
2022 $582 $5,096 $3,931 $1,165
2021 $622 $5,076 $3,604 $1,472
2020 $617 $4,799 $3,407 $1,392
2019 $2,397 $23,891 $3,105 $20,786
2018 $2,357 $22,514 $2,926 $19,588
2017 $2,306 $21,546 $2,800 $18,746
2016 $3,194 $21,143 $2,748 $18,395
2015 $1,617 $21,143 $2,748 $18,395
2014 $2,792 $18,638 $3,443 $15,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201600215

NorthWest Illinois Alliance of REALTORS®

APN: 11-25-207-023