NOT LISTED FOR SALE

503 E 5th St Rock Falls, IL 61071

Estimated Value: $58,455 - $72,000

2 Beds
1 Bath
743 Sq Ft
$89/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $50,000 $67 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $517/month

73 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Wheelchair Ramps
  • Rock Falls Middle School Rated 9+
  • Porch
  • Accessible Bedroom

About This Home

As of August 2022

Ready to move into with updates throughout including bathroom, kitchen, flooring and all in a maintenance free exterior with vinyl windows, roof new 2018 and so much more. Handicap accessible ramp, doors and bathroom. Enclosed front porch, living room, dining room, kitchen with pantry, two bedrooms and full bath. Covered back deck. Hi efficient gas forced air with central air. Washer and dryer included as well. 16' x 20' storage building.

Last Agent to Sell the Property

Aubra Palermo

RE/MAX Property Source License #471007310 Listed on: 04/27/2022

RE/MAX Property Source

Last Buyer's Agent

Jonathan Gieson

RE/MAX of Rock Valley License #475189224

RE/MAX of Rock Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,857

Year Built

  • Built in 1923

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 48 x 92

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 743 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Accessible Home Design

  • Handicap Shower
  • Grab Bar In Bathroom
  • Accessible Bedroom
  • Accessibility Features
  • Wheelchair Ramps

Outdoor Features

  • Deck
  • Porch

Schools

  • Merrill Elementary School Pk-3-5
  • Rock Falls Middle School
  • Rock Falls Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,857

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Accessibility Features: Bath Grab Bars, Wheelchair Ramp(s), Accessible Bedroom
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • LivingArea: 743
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 743
  • Basement Description: Unfinished
  • Bathroom Amenities: Accessible Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 743
  • Total Sq Ft: 743
  • Main Level Sq Ft: 743
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • List Price: 55000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Merrill Elementary School Pk-3-5
  • High School: Rock Falls Township High School
  • Middle/Junior School: Rock Falls Middle School
  • Middle/Junior School District: 13

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 48 X 92
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 24
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1857
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Aug 17, 2022
Sold by
Adams Tina M
Bought by
Johnson Tyrone
Seller's Agent
Aubra Palermo
RE/MAX Property Source
Buyer's Agent
Jonathan Gieson
RE/MAX of Rock Valley
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Total Days on Market
73
Views
1
Current Estimated Value
$66,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,364
Avg. Annual Appreciation
10.64%
Original Mortgage
$494,625
Outstanding Balance
$465,135
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
-$398,771

Purchase Details

Listed on
Jul 2, 2020
Closed on
Sep 11, 2020
Sold by
Santucci Crystal
Bought by
Adams Tina M
Seller's Agent
Mark Jennings
Xtreme Realty
Buyer's Agent
Mark Jennings
Xtreme Realty
List Price
$57,000
Sold Price
$48,000
Premium/Discount to List
-$9,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%

Purchase Details

Listed on
Aug 2, 2018
Closed on
Nov 16, 2018
Sold by
Williamson Kimberly A
Bought by
Santucci Crystal L
Seller's Agent
Tim McCaslin
RE/MAX Sauk Valley
Buyer's Agent
Mark Jennings
Xtreme Realty
List Price
$52,500
Sold Price
$38,000
Premium/Discount to List
-$14,500
-27.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Original Mortgage
$30,400
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Johnson Tyrone $48,000 New Title Company Name
Adams Tina M $48,000 None Available
Santucci Crystal L $12,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Tyrone $494,625
Previous Owner Santucci Crystal $36,000
Previous Owner Santucci Crystal L $30,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $50,000 -9.1% $67 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $55,000 -4.3% $74 / Sq Ft
06/13/2022 06/13/22 Price Changed $57,500 -4.2% $77 / Sq Ft
04/29/2022 04/29/22 For Sale $60,000 +25.0% $81 / Sq Ft
09/18/2020 09/18/20 Sold $48,000 -12.6% $65 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/12/2020 08/12/20 Price Changed $54,900 -3.7% $74 / Sq Ft
07/02/2020 07/02/20 For Sale $57,000 +50.0% $77 / Sq Ft
11/19/2018 11/19/18 Sold $38,000 -4.8% $51 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
10/05/2018 10/05/18 Price Changed $39,900 -20.0% $54 / Sq Ft
08/28/2018 08/28/18 Price Changed $49,900 -5.0% $67 / Sq Ft
08/02/2018 08/02/18 For Sale $52,500 -- $71 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,982 $18,070 $2,195 $15,875
2023 $1,869 $16,665 $2,024 $14,641
2022 $1,982 $23,136 $1,908 $21,228
2021 $1,868 $21,888 $1,805 $20,083
2020 $1,857 $21,514 $1,774 $19,740
2019 $1,734 $20,745 $1,711 $19,034
2018 $2,282 $20,283 $1,673 $18,610
2017 $2,281 $19,903 $1,642 $18,261
2016 $2,238 $19,568 $1,614 $17,954
2015 $1,564 $20,555 $1,695 $18,860
2014 $154 $20,006 $1,650 $18,356
2013 $1,564 $20,555 $1,695 $18,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11388863

Midwest Real Estate Data (MRED)

APN: 1127326012