NOT LISTED FOR SALE

4725 Wolverton Ln Rockford, IL 61109

Estimated Value: $463,410

14 Beds
8 Baths
7,948 Sq Ft
$58/Sq Ft Est. Value

Sale Details

Date Sold: July 14, 2014

Last sale price $200,000 $25 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $3,447 / mo

22 Days on Market

Highlights

  • Property is near public transit
  • Brick or Stone Mason
  • Storage
  • Balcony
  • Patio
  • Baseboard Heating

About This Home

As of July 2014

Cash flow is king! 8 unit apartment building in Winsome Acres. Good rental history. Professional management handles all rentals. Manager is also working on long-term maintenance and upgrade program. Purchase this building separately or as a package of 6 identical 8 unit buildings, all in Winsome Acres. Ideal for absentee owner.

Last Agent to Sell the Property

Jay Dowthard

Gambino Realtors License #475127621 Listed on: 05/23/2014

Gambino Realtors

Co-Listed By

Brad Benedict

Gambino Realtors License #475125090

Last Buyer's Agent

Jay Dowthard

Gambino Realtors License #475127621 Listed on: 05/23/2014

Gambino Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.57

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 7,948 Sq Ft Home
  • 2-Story Property
  • Storage

Kitchen

  • Oven
  • Stove

Parking

  • 15 Car Parking Spaces
  • Additional Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Community Details

Overview

  • 8 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0.57 Acres

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 7948
  • Front: 190.14
  • General Features: Additional Parking, Balcony, Laundry in Building, On Bus Route, Patio, Storage Area
  • Legal Description: PLAT OF WINSONE ACRES EAST PT SW 1/4 SEC 8-43-2 LOT 052
  • Rear: 210
  • Side 1: 128.29
  • Side 2: 123.05
  • Style: 2 Story
  • Type: 5+ Units
  • Total Assessed Value: 104,361
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 6
  • Number Of Units In Bldg: 8
  • Utilities Yr: 5294
  • Agent Only_ L A1 User Code: 5864
  • Elementary School: District 205-RFD
  • Pertinent Facts: Cash flow is king! 8 unit apartment building in Winsome Acres. Good rental history. Professional management handles all rentals. Manager is also working on long-term maintenance and upgrade program. Purchase this building separately or as a package of 6 identical 8 unit buildings, all in Winsome Acres. Ideal for absentee owner.
  • L O2 Brokerage Number: 478003863
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 15

Utilities

  • Cooling: Wall Unit
  • Heating: Baseboard, Electric
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Separate Utilities: Yes

Fee Information

  • Less Vacancy: 10800

Building Info

  • Year Built: 1979

Tax Info

  • Year: 2013
  • Taxes: 11690

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 1993
Bought by
Current Estimated Value
$463,410
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$211,200 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2014 07/14/14 Sold $200,000 -17.7% $25 / Sq Ft
06/14/2014 06/14/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $243,000 -- $31 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,331 $118,138 $12,744 $105,394
2022 $10,840 $93,767 $10,795 $82,972
2021 $11,045 $89,174 $10,266 $78,908
2020 $11,095 $85,383 $9,830 $75,553
2019 $11,009 $81,379 $9,369 $72,010
2018 $12,276 $78,575 $9,124 $69,451
2017 $11,406 $76,257 $8,855 $67,402
2016 $11,365 $74,645 $8,668 $65,977
2015 $13,236 $85,830 $8,509 $77,321
2014 $11,690 $85,830 $8,509 $77,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201402096

NorthWest Illinois Alliance of REALTORS®

APN: 16-08-455-007

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