NOT LISTED FOR SALE

Estimated Value: $188,645

Studio
-- Bath
6,546 Sq Ft
$29/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $135,000 $21 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,312/month

39 Days on Market

Highlights

  • Balcony
  • Storage
  • Washer and Dryer
  • Brick or Stone Mason
  • Central Air

About This Home

As of November 2021

Tons of potential with this 3 unit building downtown Rockford. Retail space on the main floor, with a basement for extra storage. Two very large studio apartments above. One on the second floor and one on the third floor. Over 5000+sqft total.

Last Agent to Sell the Property

Tyler Heaslip

eXp Realty License #475161610 Listed on: 09/30/2021

eXp Realty

Last Buyer's Agent

Ralph Gleitz

Century 21 Affiliated License #475176967

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,604

Lot Details

  • 2,309

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Storage
  • Basement

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony

Schools

  • District 205-Rfd Elementary And Middle School
  • District 205-Rfd High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 3 Units
  • 3-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,604

Lot Details

2,309 Sq Ft Lot

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Class: MULTIFAMILY
  • Estimated Below Grade Finished Sq Ft: 1650
  • Front: 22
  • General Features: Balcony, Laundry in Unit, Storage Area
  • Legal Description: GREGORYS ADDN BEG 45 FT N OF SW COR LOT 8 TH N 22 FT E 100 FT S 22 FT TH W 100 FT TO POB PT LOTS 8 & 009 BLOCK 034
  • Lvt Date: 10/01/2021
  • Rear: 22
  • Side 1: 75
  • Side 2: 75
  • Style: 3+ Story
  • Type: 3 - 4 Units
  • Maintenance Yr: 200
  • Number Of Floors In Bldg: 3
  • Number Of Units In Bldg: 3
  • Utilities Yr: 3480
  • Agent Only_ L A1 User Code: 110649
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 6546
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Tons of potential with this 3 unit building downtown Rockford. Retail space on the main floor, with a basement for extra storage. Two very large studio apartments above. One on the second floor and one on the third floor. Over 5000+sqft total.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 4896
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Tax Info

  • Year: 2020
  • Taxes: 3604

MLS Schools

  • HighSchool: District 205-RFD
  • School District: Rockford 205
  • Middle School: District 205-RFD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 29, 2021
Sold by
Church Of The Apostolic Road
Bought by
Marcelina Kempf Declaration Of The Trust
Seller's Agent
Tyler Heaslip
eXp Realty
Buyer's Agent
Ralph Gleitz
Century 21 Affiliated
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$188,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,645
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Feb 13, 2020
Sold by
Guardian Rockford Llc
Bought by
Church Of The Apostolic Road

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2018
Sold by
Jones Richard T and Jones Angela R
Bought by
Guardian Rockford Llc

Purchase Details

Closed on
Jun 28, 2018
Sold by
Jones Richard T and Jones Angela R
Bought by
Guardian Rockford Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marcelina Kempf Declaration Of The Trust $135,000 Midwest Law Works Llc
Church Of The Apostolic Road $70,000 Davitt David L
Guardian Rockford Llc -- A-Title Escrow Co Inc
Guardian Rockford Llc -- A-Title Escrow Co Inc
Guardian Rockford Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Church Of The Apostolic Road $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $135,000 -3.6% $21 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $140,000 0.0% $21 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $140,000 -- $21 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $3,647 $38,484 $4,067 $34,417
2022 $2,768 $24,224 $3,205 $21,019
2021 $2,722 $22,212 $2,939 $19,273
2020 $3,604 $28,031 $2,778 $25,253
2019 $3,579 $26,717 $2,648 $24,069
2018 $3,605 $25,180 $2,495 $22,685
2017 $3,575 $24,098 $2,388 $21,710
2016 $3,572 $23,646 $2,343 $21,303
2015 $3,617 $23,646 $2,343 $21,303
2014 $3,478 $23,646 $2,343 $21,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202106429

NorthWest Illinois Alliance of REALTORS®

APN: 11-26-280-006

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