NOT LISTED FOR SALE

507 N Chicago Ave Rockford, IL 61107

North Highland Neighborhood

Estimated Value: $185,000 - $223,000

3 Beds
1 Bath
2,176 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $135,000 $62 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,487/month

3 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Screened Porch
  • Forced Air Heating and Cooling System
  • 2 Fireplaces
  • Brick or Stone Mason

About This Home

As of December 2021

Fall in love with this all brick charmer! Spacious living room adorned with crown molding, tall base trim & fireplace. The dining room has a cool light fixture & built-in to showcase your treasures. Classic kitchen with white cabinets, subway tile backsplash added, island with seating and even a built-in ironing board! The sizable primary bedroom has an expansive closet with built-ins plus a sitting area that's currently a home office. The vintage bathroom is in pristine condition. A 2nd bedroom completes the main level. A walk-up attic leads to the 3rd bedroom/cedar closet. The lower level has a family room with a 2nd amazing fireplace and a wall of built-ins with serving counter, large laundry area, storage & convenient water closet. Tranquil screened porch overlooks the delightful rear yard. Rare 3 car garage with driveway or ally access. Many original details like glass knobs, gorgeous hardwoods, pocket doors, fun tile, artful masonry. New GFA/AC in 2016 and home warranty included.

Last Agent to Sell the Property

Nicole Wright

Keller Williams Realty Signature License #475123526 Listed on: 11/23/2021

Keller Williams Realty Signature

Last Buyer's Agent

Toni Vander Heyden

Keller Williams Realty Signature License #475142387

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,851

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Screened Porch
  • Storage In Attic

Kitchen

  • Built-In Oven
  • Electric Range
  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 3 Car Garage
  • Alley Access
  • Driveway

Schools

  • C Henry Bloom Elementary School
  • Abraham Lincoln Middle School
  • Rockford East High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,851

Lot Details

0

Listing Details

  • Interior Amenities: Attic Storage
  • Road Frontage: Alley Access, City/Town
  • Type: City/Town
  • Electric: Circuit Breaker
  • Additional Room 5: Enc Porch, Dimensions: 12.5x9.4
  • Appliances That Stay or Are Included: Disposal, Dryer, Refrigerator, Stove/Cooktop, Sump Pump, Wall Oven, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1776
  • Estimated Below Grade Finished Sq Ft: 400
  • Exemptions: Owner
  • Front: 50
  • General Features: L.L. Finished Space, Main Floor Master, Porch Screened
  • Grid: 57
  • Legal Description: RANDOLPH REVELL LAND ASSN HIGHLAND SUB PT SE 1/4 SEC 24-44-1 LOT 010 BLOCK 017
  • Lot Acreage: 0.18
  • Lvt Date: 11/23/2021
  • Number of Main Level Full Bathrooms: 1
  • Rear: 50
  • Side 1: 154
  • Side 2: 154
  • Stove Range Fuel: Electric
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: 4756
  • Egress: No
  • Elementary School: C Henry Bloom Elementary
  • Estimated Total Finished Sq Ft: 2176
  • Garage Type Driveway: Detached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Fall in love with this all brick charmer! Spacious living room adorned with crown molding, tall base trim & fireplace. The dining room has a cool light fixture & built-in to showcase your treasures. Classic kitchen with white cabinets, subway tile backsplash added, island with seating and even a built-in ironing board! The sizable primary bedroom has an expansive closet with built-ins plus a sitting area that's currently a home office. The vintage bathroom is in pristine condition. A 2nd bedroom completes the main level. A walk-up attic leads to the 3rd bedroom/cedar closet. The lower level has a family room with a 2nd amazing fireplace and a wall of built-ins with serving counter, large laundry area, storage & convenient water closet. Tranquil screened porch overlooks the delightful rear yard. Rare 3 car garage with driveway or ally access. Many original details like glass knobs, gorgeous hardwoods, pocket doors, fun tile, artful masonry. New GFA/AC in 2016 and home warranty included.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1776
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 22.3x13.3, On Level: Main
  • Fireplace Type: Wood
  • Bedroom 2: Dimensions: 11.7x10.8, On Level: Main
  • Bedroom 3: Dimensions: 14.3x11.10, On Level: Upper
  • Dining Room: Yes, On Level: Main, Dimensions: 12.2x11.6
  • Family Room: Yes, On Level: Lower, Dimensions: 28.6x13.2
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 13.2x12.1, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 19.7x18.2
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 62.04
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Schools

  • School District: Rockford 205
  • Elementary School: C Henry Bloom Elementary
  • Middle School: Abraham Lincoln Middle
  • High School: Rockford East High

Tax Info

  • Year: 2020
  • Taxes: 3851

MLS Schools

  • HighSchool: Rockford East High
  • School District: Rockford 205
  • Middle School: Abraham Lincoln Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Dec 30, 2021
Sold by
Ptak Joseph K
Bought by
Solverson David S and Fritz Rebekah N
Seller's Agent
Nicole Wright
Keller Williams Realty Signature
Buyer's Agent
Toni Vander Heyden
Keller Williams Realty Signature
List Price
$122,500
Sold Price
$135,000
Premium/Discount to List
$12,500
10.2%
Current Estimated Value
$204,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,260
Avg. Annual Appreciation
9.89%
Original Mortgage
$6,000
Outstanding Balance
$5,548
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$185,478

Purchase Details

Listed on
Aug 2, 2014
Closed on
Jan 30, 2015
Sold by
Dewaters John R
Bought by
Ptak Joseph K
Seller's Agent
Kay Galloway
DICKERSON & NIEMAN
Buyer's Agent
Nicole Wright
Keller Williams Realty Signature
List Price
$105,900
Sold Price
$80,000
Premium/Discount to List
-$25,900
-24.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$72,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1999
Bought by
Dewaters John
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
Solverson David S $135,000 Schlueter Ecklund & Davitt/Jh
Ptak Joseph K $80,000 Mta
Dewaters John $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solverson David S $6,000
Open Solverson David S $130,950
Previous Owner Ptak Joseph K $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $135,000 +10.2% $62 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $122,500 +53.1% $56 / Sq Ft
01/30/2015 01/30/15 Sold $80,000 -24.5% $45 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
08/02/2014 08/02/14 For Sale $105,900 -- $60 / 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 $4,519 $53,686 $5,889 $47,797
2023 $4,292 $47,338 $5,193 $42,145
2022 $4,149 $42,312 $4,642 $37,670
2021 $3,926 $38,032 $4,256 $33,776
2020 $3,851 $35,953 $4,023 $31,930
2019 $3,787 $34,267 $3,834 $30,433
2018 $4,195 $32,293 $3,613 $28,680
2017 $3,695 $30,906 $3,458 $27,448
2016 $3,675 $30,327 $3,393 $26,934
2015 $4,639 $30,327 $3,393 $26,934
2014 $4,883 $32,593 $4,252 $28,341
Source: Public Records

Agents Affiliated with this Home

  • Nicole Wright

    Seller's Agent in 2021

    Nicole Wright

    Keller Williams Realty Signature

    (815) 985-6354

    2 in this area

    57 Total Sales

    Nicole Wright
    Section Image
  • Toni Vander Heyden

    Buyer's Agent in 2021

    Toni Vander Heyden

    Keller Williams Realty Signature

    (815) 315-1110

    21 in this area

    1,427 Total Sales

    Toni Vander Heyden
    Section Image

  • K

    Seller's Agent in 2015

    Kay Galloway

    DICKERSON & NIEMAN

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202107762

NorthWest Illinois Alliance of REALTORS®

APN: 11-24-403-007

Illinois Winnebago County Rockford 61107 North Highland

507 N Chicago Ave, Rockford, IL

This home is located at 507 N Chicago Ave, Rockford, IL 61107 since 23 November 2021 and is currently estimated at $204,260, approximately $93 per square foot. 507 N Chicago Ave is a home located in Winnebago County with nearby schools including Bloom Elementary School, Abraham Lincoln Middle School, and Rockford East 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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