$48,000
SOLD SEP 18, 2020

503 E 5th St Rock Falls, IL 61071

2 Beds
1 Bath
743 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$65 Per Sq Ft

16% Below List Price

54 Days on Market

Highlights

  • Deck
  • Screened Porch
  • Galley Kitchen
  • Rock Falls Middle School Rated 9+
  • Detached Garage
  • Bungalow

About This Home

As of August 2022

Very cute and move in ready! 2018 remodel: paint, carpet, windows, full bath, refinished kitchen cabinets and countertops, garage painted with new roof. House new roof in 2019. Enclosed 6x17 front porch and 5x10 covered back porch with handicap ramp.

Last Agent to Sell the Property

Mark Jennings

Xtreme Realty Listed on: 07/02/2020

Last Buyer's Agent

Mark Jennings

Xtreme Realty Listed on: 07/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,982

Year Built | Renovated

  • 1923 | 2018

Parking

  • Detached Garage
  • Parking Available
  • Gravel Driveway
  • Parking Space is Owned
  • Garage Is Owned

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Deck
  • Southern Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,982

Year Built | Renovated

1923 | 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 1
  • Style Of House: Bungalow
  • Type Detached: 1 Story
  • Estimated Year Built: 1923
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1923
  • Year Renovated: 2018

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 7X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 9X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 9X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 743
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Block
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Deck, Porch, Porch Screened
  • Exposure: S (South)
  • Acreage: 0.101

Garage/Parking

  • Number of Cars: 6
  • Parking: Space/s, Garage
  • Number Parking Spaces: 5
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Gravel
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 301
  • High School: Rock Falls Township High School
  • Junior High Dist: 13

Lot Info

  • Lot Dimensions: 48X92
  • Parcel Identification Number: 11273260120000

Tax Info

  • Taxes: 1733.78

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%
Views
1
Current Estimated Value
$67,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,132
Avg. Annual Appreciation
9.83%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $48,000 New Title Company Name
Deed $48,000 None Available
Warranty Deed $12,666 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $494,625 New Conventional
Previous Owner $36,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $30,400 Purchase Money Mortgage
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: MRD10767645

Midwest Real Estate Data (MRED)

APN: 1127326012