$24,500
SOLD FEB 27, 2024

527 W 7th St Rock Falls, IL 61071

4 Beds
2 Baths
1,380 Sq Ft
0.29 Acres

Recently Sold

$18 Per Sq Ft

26% Below List Price

157 Days on Market

Highlights

  • Main Floor Bedroom
  • Loft
  • Bathroom on Main Level
  • Rock Falls Middle School Rated 9+
  • 2 Car Detached Garage
  • Tandem Garage

About This Home

As of February 2024

Traditional 2 story floor plan with tons of potential! Main floor offers living room, dining room, kitchen, full bath and 4th bedroom. Upstairs has 3 bdrs, full bath and loft office/play area. Detached garage is tandem 2 car deep, 12' wide and 26' deep. Property was built prior to 1978 and lead-based paint potentially exists. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions; Lender Pre-Approval letter for financed offers (dated within last 30 days). This property may qualify for Seller Financing (Vendee). Owner is the Secretary of Veterans Affairs.

Last Agent to Sell the Property

Aubra Palermo

RE/MAX Property Source License #471007310 Listed on: 08/31/2023

RE/MAX Property Source

Last Buyer's Agent

Edwardo Castillo

RE/MAX Sauk Valley License #475194568

RE/MAX Sauk Valley

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75x165

Parking

  • 2 Car Detached Garage
  • Tandem Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • 2-Story Property
  • Loft
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Rock Falls Township High School

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1380
  • Room Type: Loft
  • Estimated Total Finished Sq Ft: 1380
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1380
  • Total Sq Ft: 1380
  • Upper Level Sq Ft: 690
  • Main Level Sq Ft: 690
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 33000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Rock Falls Township High School
  • Middle/Junior School District: 13

Lot Info

  • Lot Size Acres: 0.29
  • Lot Dimensions: 75X165
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2518
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Feb 8, 2024
Sold by
Secretary Of Veterans Affairs
Bought by
Mendoza Juarez Angel
Seller's Agent
Aubra Palermo
RE/MAX Property Source
Buyer's Agent
Edwardo Castillo
RE/MAX Sauk Valley
List Price
$33,000
Sold Price
$24,500
Premium/Discount to List
-$8,500
-25.76%
Views
258
Current Estimated Value
$121,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,135
Avg. Annual Appreciation
197.63%

Purchase Details

Closed on
Feb 21, 2023
Sold by
Bernardini Angela A
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Apr 23, 2012
Sold by
Tubbs Yancia Jean and Tubbs Jean
Bought by
Buser Peggy J
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 Type Sale Price Title Company
Special Warranty Deed $24,500 Security First Title
Sheriffs Deed $38,666 --
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $43,822 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $24,500 -25.8% $18 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $33,000 0.0% $24 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/28/2023 10/28/23 For Sale $33,000 0.0% $24 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $33,000 -23.1% $24 / Sq Ft
03/14/2017 03/14/17 Sold $42,900 -2.3% $31 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
12/06/2016 12/06/16 For Sale $43,900 -- $32 / Sq Ft
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 $3,541 $32,285 $5,503 $26,782
2023 $2,667 $29,775 $5,075 $24,700
2022 $2,518 $27,774 $4,785 $22,989
2021 $2,383 $26,276 $4,527 $21,749
2020 $2,374 $25,827 $4,450 $21,377
2019 $2,223 $24,903 $4,291 $20,612
2018 $2,064 $24,348 $4,195 $20,153
2017 $2,738 $23,891 $4,116 $19,775
2016 $724 $23,490 $4,047 $19,443
2015 $680 $24,675 $4,252 $20,423
2014 $696 $24,016 $4,138 $19,878
2013 $680 $24,675 $4,252 $20,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11865427

Midwest Real Estate Data (MRED)

APN: 1128455006