NOT LISTED FOR SALE

551 S 3rd St Rochelle, IL 61068

Estimated Value: $108,115 - $158,000

3 Beds
1 Bath
1,226 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $43,500 $35 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $935/month

24 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 5-minute walk to Memorial Park

About This Home

As of August 2013

Foreclosure, needs some TLC, bungalow with hardwood flooring, 1st floor laundry, built-ins, nice sized rooms and a 2 car detached garage. This property is eligible under the Freddie Mac First Look Initiative through 8/5/2013. Pre-approval and addendums will apply with all offers. Earnest money needs to be in the form of cert funds or cash check.

Last Agent to Sell the Property

Roni Paravala

Century 21 Affiliated License #475124727 Listed on: 07/22/2013

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,108

Year Built

  • Built in 1948

Lot Details

  • 0.69 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,226 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Rochelle Elementary School
  • Rochelle Middle School
  • Rochelle High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,108

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: None
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1226
  • Front: 60
  • General Features: Laundry 1st Floor, Main Floor Master
  • Grid: O6
  • Legal Description: Lot 18 Blk 2 Vassar Add
  • Lot Acreage: 0.69
  • Rear: 60
  • Side 1: 115
  • Side 2: 115
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 4299
  • Elementary School: Rochelle
  • Pertinent Facts: Foreclosure, needs some TLC, bungalow with hardwood flooring, 1st floor laundry, built-ins, nice sized rooms and a 2 car detached garage. This property is eligible under the Freddie Mac First Look Initiative through 8/5/2013. Pre-approval and addendums will apply with all offers. Earnest money needs to be in the form of cert funds or cash check.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 13x16, On Level: Main
  • Bedroom 2: Dimensions: 9x14, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 12x12
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 12x14
  • Living Room: Yes, On Level: Main, Dimensions: 11x14
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

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

Schools

  • School District: Rochelle 231
  • Elementary School: Rochelle
  • Middle School: Rochelle Middle
  • High School: Rochelle

Building Info

  • Year Built: 1948

Tax Info

  • Year: 2012
  • Taxes: 2108

MLS Schools

  • HighSchool: Rochelle
  • School District: Rochelle 231
  • Middle School: Rochelle Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Mahaffey Jessica M
Bought by
Smart Clifford A and Smart Carrie L
Current Estimated Value
$135,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$3,548
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$131,981

Purchase Details

Listed on
Jul 22, 2013
Closed on
Aug 15, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mahaffey Michael L
Seller's Agent
Roni Paravala
Century 21 Affiliated
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$43,000
Sold Price
$43,500
Premium/Discount to List
$500
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
Jun 11, 2013
Sold by
First National Bank Of Rochelle
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 7, 2013
Sold by
Rangel Martin and Rangel Irma
Bought by
First National Bank Of Rochelle

Purchase Details

Closed on
Nov 21, 2006
Sold by
Smith Jeffrey T and Smith Linda G
Bought by
Rangel Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,770
Interest Rate
6.41%
Mortgage Type
New Conventional
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
Smart Clifford A $50,000 None Available
Mahaffey Michael L $43,500 None Available
Federal Home Loan Mortgage Corporation -- None Available
First National Bank Of Rochelle -- None Available
Rangel Martin $108,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smart Clifford A $50,000
Previous Owner Rangel Martin $115,770
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $43,500 +1.2% $35 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $43,000 -- $35 / 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 $2,632 $35,746 $4,363 $31,383
2023 $2,957 $33,454 $4,083 $29,371
2022 $2,406 $31,833 $3,885 $27,948
2021 $2,819 $29,407 $3,589 $25,818
2020 $2,713 $28,007 $3,418 $24,589
2019 $1,599 $27,525 $3,359 $24,166
2018 $2,020 $26,985 $3,293 $23,692
2017 $1,992 $26,985 $3,293 $23,692
2016 $1,767 $26,245 $3,203 $23,042
2015 $1,704 $25,806 $3,149 $22,657
2014 $2,559 $25,806 $3,149 $22,657
2013 $2,108 $27,053 $3,301 $23,752
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Roni Paravala

    Century 21 Affiliated

  • N

    Buyer's Agent in 2013

    NON-NWIAR Member

    NorthWest Illinois Alliance of REALTORS®

    NON-NWIAR Member
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201304668

NorthWest Illinois Alliance of REALTORS®

APN: 24-25-214-009

Illinois Ogle County Rochelle 61068

551 S 3rd St, Rochelle, IL

This home is located at 551 S 3rd St, Rochelle, IL 61068 since 22 July 2013 and is currently estimated at $135,529, approximately $110 per square foot. This property was built in 1948. 551 S 3rd St is a home located in Ogle County with nearby schools including Rochelle Township High School and St. Paul Lutheran 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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