NOT LISTED FOR SALE

519 W 11th St Rock Falls, IL 61071

Estimated Value: $203,000 - $250,000

8 Beds
4 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold August 13, 2021

Last sale price $170,000

Est. 33% increase in value since last sale

Current estimated payment $1,446/month

2 Days on Market

Highlights

  • 4 Car Detached Garage
  • Rock Falls Middle School Rated 9+
  • Heating Available

About This Home

As of August 2021

Solid investment offering (4) 2 bedroom, 1 bath apartments. Each unit has a private laundry room and a 1 car garage stall. Two lower units are rented to very long term tenants for $475 per month, one upper unit is rented for $550. The the fourth unit is now vacant. Tenants pay electricity, sewer, and water. Landlord pays for dumpster. Additional information available on profit and loss can be found under documents. Great location!

Last Agent to Sell the Property

Eric Bird

Bird Realty License #471002935 Listed on: 06/07/2021

Last Buyer's Agent

Jonathan Gieson

RE/MAX of Rock Valley License #475189224

RE/MAX of Rock Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,736

Year Built

  • Built in 1986

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x121

Parking

  • 4 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,736

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • List Price: 179900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Middle/Junior School District: 13

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 80X121
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • TenantPays: Electric,Sewer,Water

Tax Info

  • Tax Annual Amount: 6735.54
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,1 Story Unit/s

MLS Schools

  • Othr Public Sch: Sauk Valley Community College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2023
Sold by
Perez Adolfo
Bought by
Fidelaranda
Current Estimated Value
$225,690

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 13, 2021
Sold by
Bird Eric R
Bought by
Aranda Fidel and Perez Adolfo
Seller's Agent
Eric Bird
Bird Realty
Buyer's Agent
Jonathan Gieson
RE/MAX of Rock Valley
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$127,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2010
Sold by
Harbben Steven G
Bought by
Bird Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
4.84%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fidelaranda $100,000 None Listed On Document
Aranda Fidel $170,000 None Available
Bird Eric R $168,000 Ati
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aranda Fidel $127,500
Previous Owner Bird Eric R $150,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $170,000 -5.5% --
06/10/2021 06/10/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $179,900 0.0% --
01/16/2018 01/16/18 Rented $525 0.0% --
01/03/2018 01/03/18 For Rent $525 -- --
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 $7,669 $69,919 $4,879 $65,040
2023 $7,233 $64,483 $4,500 $59,983
2022 $6,996 $60,499 $4,243 $56,256
2021 $6,728 $57,236 $4,014 $53,222
2020 $6,736 $56,257 $3,945 $52,312
2019 $6,378 $54,245 $3,804 $50,441
2018 $5,967 $53,036 $3,719 $49,317
2017 $5,963 $52,042 $3,649 $48,393
2016 $5,852 $51,167 $3,588 $47,579
2015 $5,777 $53,747 $3,769 $49,978
2014 $5,753 $52,312 $3,668 $48,644
2013 $5,777 $53,747 $3,769 $49,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11113913

Midwest Real Estate Data (MRED)

APN: 1133207002