NOT LISTED FOR SALE

517 Vale Ave Rockford, IL 61107

Palmwood Neighborhood

Estimated Value: $218,000 - $260,000

4 Beds
2 Baths
2,543 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $210,000 $83 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,552/month

1 Day on Market

Highlights

  • In Ground Pool
  • Main Floor Primary Bedroom
  • Brick or Stone Mason
  • Covered Deck
  • Fenced Yard
  • 4-minute walk to Highland Playground

About This Home

As of September 2023

Unexpectedly spacious brick beauty in highly desirable Highland Park area convenient to the bustling downtown area and all other life's conveniences. This meticulously maintained home will greet you with exceptional curb appeal enhanced by the lovely landscaping. The main level offers gorgeous wood floors, formal living and dining rooms, two bedrooms (one currently being used as a laundry), full bath, a cozy family room perfect for binging your latest shows while enjoying the gas fireplace and a screen porch for enjoying the fresh air without any flying guests. The upstairs houses two other spacious bedrooms, a recently renovated bath, and generous storage space with its closets and attic. The lower level is partially finished to expand livability with more hang out space plus a workshop, additional storage space, and bath rough-in. The best part is in the rear where you find your private outdoor oasis featuring an 18x36 newly lined pool with great deck and patio space to entertain friends and family. Other bonuses include many newer windows, roof, large gutters, furnace and central air.

Last Agent to Sell the Property

Mike Lunde

Gambino Realtors License #475129518 Listed on: 08/14/2023

Gambino Realtors

Last Buyer's Agent

Jesse Dabson

Key Realty, Inc License #471021329

Key Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,517

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Dog Run
  • Fenced Yard

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Covered Deck

Schools

  • Maud E Johnson Elementary School
  • Abraham Lincoln Middle School
  • Rockford East High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,517

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes
  • Road Frontage: City/Town
  • Type: City/Town
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • Class: HOUSE
  • Estimated Below Grade Finished Sq Ft: 300
  • Exemptions: Owner, Senior
  • Front: 83
  • General Features: Deck, In Ground Pool, Laundry 1st Floor, L.L. Finished Space, Main Floor Master, Deck-Covered, Dog-Run/Invisible Fence, Fenced Yard
  • Grid: 58
  • Legal Description: CALVIN PK HGTS SUB NE1/4 SW1/4 SEC 19-44-2 S32 1/2FT LOT 2 + N50 1/2FT LOT 003 BLOCK 005
  • Lot Acreage: 0.24
  • Lvt Date: 08/14/2023
  • Number of Main Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 1
  • Rear: 83
  • Side 1: 125
  • Side 2: 125
  • Stove Range Fuel: Electric
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: 4554
  • Egress: No
  • Elementary School: Maud E Johnson Elementary
  • Estimated Total Finished Sq Ft: 2543
  • Garage Type Driveway: Attached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Unexpectedly spacious brick beauty in highly desirable Highland Park area convenient to the bustling downtown area and all other life's conveniences. This meticulously maintained home will greet you with exceptional curb appeal enhanced by the lovely landscaping. The main level offers gorgeous wood floors, formal living and dining rooms, two bedrooms (one currently being used as a laundry), full bath, a cozy family room perfect for binging your latest shows while enjoying the gas fireplace and a screen porch for enjoying the fresh air without any flying guests. The upstairs houses two other spacious bedrooms, a recently renovated bath, and generous storage space with its closets and attic. The lower level is partially finished to expand livability with more hang out space plus a workshop, additional storage space, and bath rough-in. The best part is in the rear where you find your private outdoor oasis featuring an 18x36 newly lined pool with great deck and patio space to entertain friends and family. Other bonuses include many newer windows, roof, large gutters, furnace and central air.
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 2243
  • L O1 Brokerage Number: 478003863
  • S O1 Brokerage Number: 477012769
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 12.8x11.7, On Level: Main
  • Fireplace Type: Gas
  • Basement: Finished
  • Bedroom 2: Dimensions: 11.6x9.10, On Level: Main
  • Bedroom 3: Dimensions: 13x11.6, On Level: Upper
  • Bedroom 4: Dimensions: 12.3x11.1, On Level: Upper
  • Dining Room: Yes, On Level: Main, Dimensions: 10.8x13.2
  • Family Room: Yes, On Level: Main, Dimensions: 15x21.2
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 13.8x9.7, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 13.1x18.3
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 82.58
  • Recreation Room: Yes, On Level: Lower, Dimensions: 30x10.6
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: Maud E Johnson Elementary
  • Middle School: Abraham Lincoln Middle
  • High School: Rockford East High

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2022
  • Taxes: 5517

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
Aug 14, 2023
Closed on
Sep 22, 2023
Sold by
Roberta A Turnquist Trust
Bought by
Zurawski Ken J
Seller's Agent
Mike Lunde
Gambino Realtors
Buyer's Agent
Jesse Dabson
Key Realty, Inc
List Price
$205,000
Sold Price
$210,000
Premium/Discount to List
$5,000
2.44%
Views
49
Current Estimated Value
$240,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,588
Avg. Annual Appreciation
7.38%
Original Mortgage
$157,500
Outstanding Balance
$155,122
Interest Rate
7.99%
Mortgage Type
New Conventional
Estimated Equity
$85,466
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
Zurawski Ken J $105,000 None Listed On Document
Zurawski Ken J $105,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zurawski Ken J $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $210,000 +2.4% $83 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $205,000 -- $81 / 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 $7,235 $76,349 $9,836 $66,513
2023 $5,745 $66,332 $8,672 $57,660
2022 $5,517 $59,288 $7,751 $51,537
2021 $5,315 $54,363 $7,107 $47,256
2020 $5,194 $51,393 $6,719 $44,674
2019 $5,088 $48,983 $6,404 $42,579
2018 $5,224 $46,163 $6,035 $40,128
2017 $4,923 $44,180 $5,776 $38,404
2016 $4,887 $43,352 $5,668 $37,684
2015 $5,713 $43,352 $5,668 $37,684
2014 $4,716 $37,353 $7,099 $30,254
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mike Lunde

    Gambino Realtors

    Section Image
  • Jesse Dabson

    Buyer's Agent in 2023

    Jesse Dabson

    Key Realty, Inc

    (815) 262-5936

    1 in this area

    140 Total Sales

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202304666

NorthWest Illinois Alliance of REALTORS®

APN: 12-19-332-003

Illinois Winnebago County Rockford 61107 Palmwood

517 Vale Ave, Rockford, IL

This home is located at 517 Vale Ave, Rockford, IL 61107 since 14 August 2023 and is currently estimated at $240,588, approximately $94 per square foot. This property was built in 1950. 517 Vale Ave is a home located in Winnebago County with nearby schools including Maud E. Johnson 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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