NOT LISTED FOR SALE

4879 Creek View Rd Rockford, IL 61108

Estimated Value: $516,224

-- Bed
-- Bath
8,008 Sq Ft
$64/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $420,000 $52 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,775/month

3 Days on Market

Highlights

  • Covered Deck
  • Coin Laundry
  • Heating Available
  • Air Conditioning

About This Home

As of May 2023

EIGHT UNIT MULTI-FAMILY ON A CUL-DE-SAC WITH UPDATES INCLUDING A NEW PARKING LOT, RENOVATED COMMON SPACE, AND TWO RENOVATED APARTMENTS! This 8 unit multi-family is a great cash flow opportunity with a strong occupancy history. Units 3,4,7, and 8 have two bedrooms and one full bath, and units 1,2,5, and 6 each have one bedroom and one full bath. There is currently one vacant unit that can be shown, apartment #4, a two bedroom unit. Photos are from this unit and measurements are as follows: Living room: 15x15, Kitchen: 10x8, MBR: 15x11, BR2: 11x10, Full BA. There is a coin operated laundry in the basement. No laundry in individual units. Each unit has a private balcony deck. All electric utilities. Wall mounted A/C units. Owner pays water & garbage. Off street parking in the new parking lot. Full basement. Roof 2016, siding 2006. A FABULOUS OPPORTUNITY IN A GREAT LOCATION!

Last Agent to Sell the Property

Toni Vander Heyden

Keller Williams Realty Signature License #475142387 Listed on: 04/14/2023

Keller Williams Realty Signature

Last Buyer's Agent

Cathy Fiebig

Keller Williams Realty Signature License #475176937

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,253

Year Built

  • Built in 1972

Lot Details

  • 0.5

Parking

  • 8 Car Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Siding

Interior Spaces

  • 8,008 Sq Ft Home
  • 2-Story Property
  • Basement

Kitchen

  • Oven
  • Range

Outdoor Features

  • Covered Deck

Schools

  • Gregory Elementary School
  • Eisenhower Middle School
  • Guilford High School

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Separate Meters
  • Electric Water Heater

Community Details

Overview

  • 8 Units
  • 2-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,253

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 8008
  • Front: 61.53
  • General Features: Deck-Covered
  • Grid: 81
  • Legal Description: ALPINE PARK SUB 3 E 1/2 SEC 29-44-2 35-50 LOT 066
  • Lvt Date: 04/14/2023
  • Rear: 240.14
  • Side 1: 130
  • Side 2: 151.23
  • Style: 2 Story
  • Type: 5+ Units
  • Annual Insurance Expense: 3219
  • Maintenance Yr: 2879
  • Management Yr: 4872
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 7
  • Number Of Units In Bldg: 8
  • Utilities Yr: 5567
  • Agent Only_ L A1 User Code: 4978
  • Elementary School: Gregory Elementary
  • Estimated Total Finished Sq Ft: 8008
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: EIGHT UNIT MULTI-FAMILY ON A CUL-DE-SAC WITH UPDATES INCLUDING A NEW PARKING LOT, RENOVATED COMMON SPACE, AND TWO RENOVATED APARTMENTS! This 8 unit multi-family is a great cash flow opportunity with a strong occupancy history. Units 3,4,7, and 8 have two bedrooms and one full bath, and units 1,2,5, and 6 each have one bedroom and one full bath. There is currently one vacant unit that can be shown, apartment #4, a two bedroom unit. Photos are from this unit and measurements are as follows: Living room: 15x15, Kitchen: 10x8, MBR: 15x11, BR2: 11x10, Full BA. There is a coin operated laundry in the basement. No laundry in individual units. Each unit has a private balcony deck. All electric utilities. Wall mounted A/C units. Owner pays water & garbage. Off street parking in the new parking lot. Full basement. Roof 2016, siding 2006. A FABULOUS OPPORTUNITY IN A GREAT LOCATION!
  • Designated Managing Broker Y N: No
  • Potential Annual Expenses: 23732
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 8008
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 481011334
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 52.45
  • Basement: Yes

Exterior Features

  • Exterior: Siding, Vinyl
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 8

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: Gregory Elementary
  • Middle School: Eisenhower Middle
  • High School: Guilford High

Building Info

  • Year Built: 1972

Tax Info

  • Year: 2021
  • Taxes: 7253

MLS Schools

  • HighSchool: Guilford High
  • School District: Rockford 205
  • Middle School: Eisenhower Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 29, 2023
Sold by
Vanderway Properties Llc
Bought by
Schacht Yuan and Schacht Lyman T
Seller's Agent
Toni Vander Heyden
Keller Williams Realty Signature
Buyer's Agent
Cathy Fiebig
Keller Williams Realty Signature
List Price
$409,000
Sold Price
$420,000
Premium/Discount to List
$11,000
2.69%
Views
76
Current Estimated Value
$516,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,224
Avg. Annual Appreciation
8.98%
Original Mortgage
$339,200
Outstanding Balance
$318,908
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$197,316

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 25, 2023
Sold by
Vanderway Properties Llc
Bought by
Schacht Yuan and Schacht Lyman T
Seller's Agent
Toni Vander Heyden
Keller Williams Realty Signature
Buyer's Agent
Cathy Fiebig
Keller Williams Realty Signature
List Price
$409,000
Sold Price
$420,000
Premium/Discount to List
$11,000
2.69%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,200
Outstanding Balance
$318,908
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$197,316

Purchase Details

Closed on
Jun 16, 2020
Sold by
Diamond Realty Llc
Bought by
Vanderway Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Schacht Yuan $420,000 None Listed On Document
Schacht Yuan $420,000 None Listed On Document
Vanderway Properties Llc $225,000 Kagalwalla Law Offices Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schacht Yuan $339,200
Closed Schacht Yuan $339,200
Previous Owner Vanderway Properties Llc $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold $420,000 +2.7% $52 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $409,000 -- $51 / 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 $12,424 $131,101 $14,121 $116,980
2023 $12,003 $115,599 $12,451 $103,148
2022 $7,375 $64,547 $11,128 $53,419
2021 $7,254 $59,185 $10,204 $48,981
2020 $7,194 $55,951 $9,646 $46,305
2019 $7,144 $53,328 $9,194 $44,134
2018 $11,480 $80,179 $8,664 $71,515
2017 $11,385 $76,734 $8,292 $68,442
2016 $11,374 $75,296 $8,137 $67,159
2015 $11,518 $75,296 $8,137 $67,159
2014 $12,477 $75,304 $8,138 $67,166
Source: Public Records

Agents Affiliated with this Home

  • Toni Vander Heyden

    Seller's Agent in 2023

    Toni Vander Heyden

    Keller Williams Realty Signature

    (815) 315-1110

    1,403 Total Sales

    Toni Vander Heyden
    Section Image
  • Cathy Fiebig

    Buyer's Agent in 2023

    Cathy Fiebig

    Keller Williams Realty Signature

    (815) 978-5233

    233 Total Sales

    Cathy Fiebig
    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202301727

NorthWest Illinois Alliance of REALTORS®

APN: 12-29-279-006

Illinois Winnebago County Rockford 61108

4879 Creek View Rd, Rockford, IL

This home is located at 4879 Creek View Rd, Rockford, IL 61108 since 14 April 2023 and is currently estimated at $516,224, approximately $64 per square foot. This property was built in 1972. 4879 Creek View Rd is a home located in Winnebago County with nearby schools including Gregory Elementary School, Eisenhower Middle School, and Guilford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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