NOT LISTED FOR SALE

527 N 1st St Rockford, IL 61107

Prairie Hill Neighborhood

Estimated Value: $88,829 - $123,000

-- Bed
2 Baths
1,727 Sq Ft
$63/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $72,000 $42 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $713/month

7 Days on Market

Highlights

  • Deck
  • Washer and Dryer
  • 5-minute walk to Haight Park
  • Forced Air Heating System

About This Home

As of November 2021

Downtown Rockford Investment opportunity awaits! Two Family building close to all the downtown amenities; Walk to the River, bus line and more. Corner lot, River views, separate entrances. 2 bedroom Lower level unit with W/D hookup Rent $600. Tenant will be moving out by 12/1. 2 Bedroom Upper unit offers a deck, bonus space and a large kitchen Rent $625. Water pipes updated 2020 by the City of Rockford.

Last Agent to Sell the Property

Rion Tovar-South

Weichert Realtors - Tovar Properties License #471003126 Listed on: 10/29/2021

Weichert Realtors - Tovar Properties

Last Buyer's Agent

Jasper St. Angel

St. Angel Real Estate License #471002289

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,247

Lot Details

  • 0.8

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,727 Sq Ft Home
  • 2-Story Property
  • Stove
  • Washer and Dryer
  • Basement

Outdoor Features

  • Deck

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,247

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 55
  • General Features: Deck
  • Grid: 56
  • Legal Description: EAST RKFD EXC S6.30FT ALL W 55FT LOT 010 BLOCK 025
  • Lvt Date: 10/29/2021
  • Rear: 55
  • Side 1: 59.7
  • Side 2: 59.7
  • Style: 2 Story
  • Type: 2 Units
  • Annual Insurance Expense: 1000
  • Maintenance Yr: 200
  • Management Yr: 10000
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 5408
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 1727
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Downtown Rockford Investment opportunity awaits! Two Family building close to all the downtown amenities; Walk to the River, bus line and more. Corner lot, River views, separate entrances. 2 bedroom Lower level unit with W/D hookup Rent $600. Tenant will be moving out by 12/1. 2 Bedroom Upper unit offers a deck, bonus space and a large kitchen Rent $625. Water pipes updated 2020 by the City of Rockford.
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 1727
  • L O1 Brokerage Number: 481012053
  • S O1 Brokerage Number: 471002289
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 41.69
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Utilities

  • Cooling: Window Unit
  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Rockford 205
  • Elementary School: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Tax Info

  • Year: 2020
  • Taxes: 1247

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
Oct 29, 2021
Closed on
Nov 17, 2021
Sold by
Moses Joseph N
Bought by
Progressive Development Llc
Seller's Agent
Rion Tovar-South
Weichert Realtors - Tovar Properties
Buyer's Agent
Jasper St. Angel
St. Angel Real Estate
List Price
$79,500
Sold Price
$72,000
Premium/Discount to List
-$7,500
-9.43%
Current Estimated Value
$104,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,351
Avg. Annual Appreciation
11.20%

Purchase Details

Closed on
Aug 24, 2007
Bought by
Moses Joseph
Source: Public Records

Range of Values:

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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
Progressive Development Llc $72,000 Reese & Reese
Moses Joseph $96,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $72,000 -9.4% $42 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $79,500 0.0% $46 / Sq Ft
01/18/2016 01/18/16 Rented $525 -4.5% --
12/19/2015 12/19/15 Under Contract -- -- --
11/23/2015 11/23/15 For Rent $550 -- --
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 $1,691 $17,849 $1,166 $16,683
2023 $1,634 $15,738 $1,028 $14,710
2022 $1,443 $12,629 $919 $11,710
2021 $1,258 $10,262 $843 $9,419
2020 $1,247 $9,701 $797 $8,904
2019 $1,239 $9,246 $760 $8,486
2018 $948 $8,709 $716 $7,993
2017 $1,237 $8,335 $685 $7,650
2016 $1,417 $9,380 $672 $8,708
2015 $652 $9,380 $672 $8,708
2014 $751 $9,770 $837 $8,933
Source: Public Records

Agents Affiliated with this Home

  • Rion Tovar-South

    Seller's Agent in 2021

    Rion Tovar-South

    Weichert Realtors - Tovar Properties

    (815) 566-5923

    1 in this area

    190 Total Sales

    Section Image
  • Jasper St. Angel

    Buyer's Agent in 2021

    Jasper St. Angel

    St. Angel Real Estate

    (815) 636-7200

    1 in this area

    110 Total Sales

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202107154

NorthWest Illinois Alliance of REALTORS®

APN: 11-23-407-001

Illinois Winnebago County Rockford 61107 Prairie Hill

527 N 1st St, Rockford, IL

This home is located at 527 N 1st St, Rockford, IL 61107 since 29 October 2021 and is currently estimated at $109,207, approximately $63 per square foot. 527 N 1st St is a home located in Winnebago County with nearby schools including Clifford P. Carlson Elementary School, Eisenhower Middle School, and Guilford 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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