414 4th Ave Rock Falls, IL 61071
5
Beds
4
Baths
--
Sq Ft
6,970
Sq Ft Lot
Highlights
- Corner Lot
- Rock Falls Middle School Rated 9+
- Forced Air Heating System
About This Home
As of December 2024This property has been extensively updated and is ready for tenants, offering a hassle-free investment opportunity. Recent upgrades include new gas lines, an updated PVC sewer line, and a complete electrical system overhaul completed in 2024. The roof was replaced in 2022, and new drywall has been installed throughout the building. The front exterior features fresh vinyl siding, and shared laundry facilities are available for all tenants. The property includes four units: Unit 1 with 2 bedrooms and 1 bathroom, Units 2 and 3 with 1 bedroom and 1 bathroom each, and Unit 4, a studio. With all these improvements, this property is move-in ready and an excellent investment-don't miss out on this opportunity!
Last Agent to Sell the Property
RE/MAX Sauk Valley License #475211170 Listed on: 10/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,255
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50 x 142
- Corner Lot
- Paved or Partially Paved Lot
Home Design
- Stone Foundation
- Asphalt Roof
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 8 Parking Spaces
- Driveway
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
Schools
- Rock Falls Township High School
Utilities
- Forced Air Heating System
Community Details
- 4 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2024
Closed on
Dec 13, 2024
Sold by
Rivera Hernan Gudino and Zarecor Miranda
Bought by
Gomez Angel
Seller's Agent
Opal Sundrani
RE/MAX Sauk Valley
Buyer's Agent
Opal Sundrani
RE/MAX Sauk Valley
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%
Total Days on Market
7
Views
7
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
$9,015
Avg. Annual Appreciation
6.90%
Original Mortgage
$82,500
Outstanding Balance
$82,063
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$33,348
Purchase Details
Listed on
Oct 4, 2022
Closed on
Feb 22, 2023
Sold by
414 4Th Llc
Bought by
Rivera Hernan Gudino and Zarecor Miranda
Seller's Agent
Adam Taylor
PRS Realty LLC
Buyer's Agent
Benjamin DeNeve
RE/MAX Sauk Valley
List Price
$24,900
Sold Price
$15,000
Premium/Discount to List
-$9,900
-39.76%
Views
75
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
200.65%
Purchase Details
Listed on
Sep 10, 2021
Closed on
Oct 4, 2021
Sold by
Namowicz Ronald and Namowicz Tamara
Bought by
414 4Th Llc
Seller's Agent
Jori Mcrae
River Country Properties
Buyer's Agent
Erik Gimbel
Keller Williams North Shore West
Sold Price
$18,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.10%
Purchase Details
Closed on
Nov 20, 2007
Sold by
Wade Edwin M and Wade Lois
Bought by
Namowicz Ronald and Namowicz Tamara
Similar Home in Rock Falls, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | None Listed On Document | |
| Warranty Deed | $38,666 | -- | |
| Warranty Deed | $18,500 | None Available | |
| Warranty Deed | $77,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $82,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $110,000 | -8.3% | -- |
| 10/30/2024 10/30/24 | Pending | -- | -- | -- |
| 10/23/2024 10/23/24 | For Sale | $120,000 | +700.0% | -- |
| 02/23/2023 02/23/23 | Sold | $15,000 | 0.0% | -- |
| 01/30/2023 01/30/23 | Pending | -- | -- | -- |
| 01/13/2023 01/13/23 | Price Changed | $15,000 | -39.5% | -- |
| 10/21/2022 10/21/22 | Price Changed | $24,800 | -0.4% | -- |
| 10/04/2022 10/04/22 | For Sale | $24,900 | +34.6% | -- |
| 10/07/2021 10/07/21 | Sold | $18,500 | -53.6% | -- |
| 10/01/2021 10/01/21 | Pending | -- | -- | -- |
| 09/30/2021 09/30/21 | For Sale | -- | -- | -- |
| 09/16/2021 09/16/21 | Pending | -- | -- | -- |
| 09/10/2021 09/10/21 | For Sale | $39,900 | -- | -- |
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 | $3,426 | $31,234 | $4,882 | $26,352 |
| 2023 | $3,231 | $28,805 | $4,502 | $24,303 |
| 2022 | $3,141 | $27,159 | $4,245 | $22,914 |
| 2021 | $3,020 | $25,694 | $4,016 | $21,678 |
| 2020 | $3,024 | $25,254 | $3,947 | $21,307 |
| 2019 | $2,863 | $24,351 | $3,806 | $20,545 |
| 2018 | $2,678 | $23,808 | $3,721 | $20,087 |
| 2017 | $2,677 | $23,362 | $3,651 | $19,711 |
| 2016 | $2,627 | $22,970 | $3,590 | $19,380 |
| 2015 | $2,593 | $24,128 | $3,771 | $20,357 |
| 2014 | $2,583 | $23,483 | $3,670 | $19,813 |
| 2013 | $2,593 | $24,128 | $3,771 | $20,357 |
Source: Public Records
Agents Affiliated with this Home
-
Opal Sundrani
O
Seller's Agent in 2024
Opal Sundrani
RE/MAX
(773) 344-4750
25 Total Sales
-
Edwardo Castillo
Seller Co-Listing Agent in 2024
Edwardo Castillo
RE/MAX
(214) 984-1711
166 Total Sales
-
Adam Taylor
A
Seller's Agent in 2023
Adam Taylor
PRS Realty LLC
(847) 337-7782
33 Total Sales
-
B
Buyer's Agent in 2023
Benjamin DeNeve
RE/MAX
-
Jori Mcrae
Seller's Agent in 2021
Jori Mcrae
River Country Properties
(815) 973-1197
100 Total Sales
-
Erik Gimbel
Buyer's Agent in 2021
Erik Gimbel
Keller Williams North Shore West
(847) 530-3704
85 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12195355
APN: 1128431015
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