NOT LISTED FOR SALE

4879 Creekview Rd Rockford, IL 61108

Estimated Value: $516,224

12 Beds
32 Baths
8,008 Sq Ft
$64/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $250,000 $31 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,772/month

About This Home

As of June 2020

SBR. Cash flow opportunity. Strong occupancy history. Off street parking. Full basement.

Last Agent to Sell the Property

Toni Vander Heyden

Keller Williams Realty Signature License #475142387 Listed on: 06/24/2020

Keller Williams Realty Signature

Co-Listed By

Josiah Vander Heyden

Keller Williams Realty Signature License #475188132

Keller Williams Realty Signature

Last Buyer's Agent

Josiah Vander Heyden

Keller Williams Realty Signature License #475188132

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,144

Year Built

  • Built in 1972

Lot Details

  • 0.5

Parking

  • 8 Car Parking Spaces

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

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

Schools

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

Utilities

  • Heating Available
  • Separate Meters
  • Electric Water Heater

Community Details

  • 8 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,144

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 8008
  • Front: 61.53
  • Grid: 81
  • Legal Description: Alpine Park Sub 3 Lot 66
  • Lvt Date: 06/24/2020
  • Rear: 240.14
  • Side 1: 130
  • Side 2: 151.23
  • Style: 2 Story
  • Type: 5+ Units
  • Total Assessed Value: 53328
  • Annual Insurance Expense: 1800
  • Maintenance Yr: 2400
  • Management Yr: 6000
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 8
  • Number Of Units In Bldg: 8
  • Other Yr: 6000
  • Utilities Yr: 4800
  • Agent Only_ L A1 User Code: 4978
  • Elementary School: Gregory Elementary
  • Pertinent Facts: SBR. Cash flow opportunity. Strong occupancy history. Off street parking. Full basement.
  • L O1 Brokerage Number: 481011083
  • L O2 Brokerage Number: 481011083
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 8

Utilities

  • 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: 2019
  • Taxes: 7144

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2023
Sold by
Vanderway Properties Llc
Bought by
Schacht Yuan and Schacht Lyman T
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.
Original Mortgage
$339,200
Outstanding Balance
$318,908
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$197,316

Purchase Details

Closed on
May 25, 2023
Sold by
Vanderway Properties Llc
Bought by
Schacht Yuan and Schacht Lyman T

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

Listed on
Jun 24, 2020
Closed on
Jun 16, 2020
Sold by
Diamond Realty Llc
Bought by
Vanderway Properties Llc
Seller's Agent
Toni Vander Heyden
Keller Williams Realty Signature
Buyer's Agent
Josiah Vander Heyden
Keller Williams Realty Signature
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.72%
Original Mortgage
$187,500
Interest Rate
2.9%
Mortgage Type
New Conventional
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
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
06/24/2020 06/24/20 Sold $250,000 0.0% $31 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $250,000 -- $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 $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

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202003332

NorthWest Illinois Alliance of REALTORS®

APN: 12-29-279-006