$154,900
SOLD APR 30, 2025

505 7th Ave Rock Falls, IL 61071

4 Beds
2 Baths
1,602 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

14 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Living Room
  • Rock Falls Middle School Rated 9+
  • Formal Dining Room
  • Laundry Room

About This Home

As of April 2025

4 bedroom 2 bath home with 3 main floor bedrooms that include a master. A great blend of updates and charm including built in cabinets, 2 fireplaces, and a large deck just off of the dining room. Partially finished basement with a bar. This home also includes new appliances and new roof. Call your agent and schedule your showing today.

Last Agent to Sell the Property

Edwardo Castillo

RE/MAX Sauk Valley License #475194568 Listed on: 02/27/2025

RE/MAX Sauk Valley

Co-Listed By

Opal Sundrani

RE/MAX Sauk Valley License #475211170

Last Buyer's Agent

Alejandro Rivera

RE/MAX Sauk Valley License #475190887

RE/MAX Sauk Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 1940 | Remodeled in 2024

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x138

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,602 Sq Ft Home
  • 1.5-Story Property
  • Decorative Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Deck

Schools

  • Rock Falls Township High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,905

Year Built

Built in 1940 | Remodeled in 2024

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: Partially Finished, Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 198
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1602
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1800
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1602
  • Basement Sq Ft: 1372
  • Fireplace Location: Basement
  • Total Sq Ft: 2974
  • Unfinished Basement Sq Ft: 1174
  • Upper Level Sq Ft: 230
  • Main Level Sq Ft: 1372
  • Flooring: Vinyl
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Cedar
  • Foundation Details: Concrete Perimeter
  • List Price: 154900
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Gravel, Garage Owned, Detached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Rock Falls Township High School
  • Middle/Junior School District: 13

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50X138
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1904.88
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Apr 30, 2025
Sold by
Deleon Rosario
Bought by
Hoh John and Hoh Katherine
Seller's Agent
Edwardo Castillo
RE/MAX Sauk Valley
Buyer's Agent
Alejandro Rivera
RE/MAX Sauk Valley
List Price
$154,900
Sold Price
$154,900
Views
141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.40%
Original Mortgage
$12,800
Outstanding Balance
$12,789
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$140,230

Purchase Details

Listed on
Jan 19, 2024
Closed on
Jul 16, 2024
Sold by
Mintun Patricia M
Bought by
Mortgage Assets Management Series I Trust and Bank Of New York Mellon Trust
Seller's Agent
Cheyenne Khounnha
Landmark Realty of Illinois LLC
Buyer's Agent
Edwardo Castillo
RE/MAX Sauk Valley
List Price
$85,000
Sold Price
$34,000
Premium/Discount to List
-$51,000
-60%
Views
609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
598.75%

Purchase Details

Listed on
Jan 19, 2024
Closed on
Jun 25, 2024
Sold by
Riverview Hecm Trust and Wells Fargo Bank Na
Bought by
Deleon Rosario
Seller's Agent
Cheyenne Khounnha
Landmark Realty of Illinois LLC
Buyer's Agent
Edwardo Castillo
RE/MAX Sauk Valley
List Price
$85,000
Sold Price
$34,000
Premium/Discount to List
-$51,000
-60%
Views
609

Purchase Details

Closed on
Dec 21, 2023
Sold by
Mintun Patricia M
Bought by
Mtg Assets Mgmt Series I Trust and Bank/Ny Mellon Trust
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
Special Warranty Deed $155,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $34,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed In Lieu Of Foreclosure -- Servicelink
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,800 Credit Line Revolving
Open $139,410 New Conventional
Previous Owner $123,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $154,900 0.0% $97 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $154,900 0.0% $97 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $154,900 +355.6% $97 / Sq Ft
07/19/2024 07/19/24 Sold $34,000 -10.5% $25 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
05/11/2024 05/11/24 Price Changed $38,000 -5.0% $28 / Sq Ft
04/10/2024 04/10/24 Price Changed $40,000 -50.5% $29 / Sq Ft
03/04/2024 03/04/24 Price Changed $80,750 -5.0% $59 / Sq Ft
01/19/2024 01/19/24 For Sale $85,000 -- $62 / 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 $4,174 $38,050 $5,320 $32,730
2023 $1,905 $35,091 $4,906 $30,185
2022 $1,964 $33,086 $4,626 $28,460
2021 $1,996 $31,302 $4,377 $26,925
2020 $2,033 $30,767 $4,302 $26,465
2019 $1,997 $29,666 $4,148 $25,518
2018 $1,911 $29,005 $4,056 $24,949
2017 $1,946 $28,461 $3,980 $24,481
2016 $1,942 $27,982 $3,913 $24,069
2015 $1,850 $29,394 $4,111 $25,283
2014 $1,893 $28,609 $4,001 $24,608
2013 $1,850 $29,394 $4,111 $25,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12300260

Midwest Real Estate Data (MRED)

APN: 1128408003