NOT LISTED FOR SALE

Estimated Value: $93,000 - $124,000

-- Bed
2 Baths
2,496 Sq Ft
$41/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $70,000 $28 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $733/month

8 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • 1-minute walk to Terry Lee Wells Memorial Park

About This Home

As of November 2022

Here is a great investment opportunity! This property has 2 units with 3 bedrooms, 1 full bath in each. Fully rented. Owner pays for water and sewer. Lower unit rents for $700 and upper rents for $750. Can be sold separately or as a package deal with 2027 Elm Street and 429 S. 5th Street.

Last Agent to Sell the Property

Heather Carter

Gambino Realtors License #471022343 Listed on: 10/17/2022

Gambino Realtors

Last Buyer's Agent

Carrie Lee

Coldwell Banker Real Estate Group License #471.021833

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,687

Year Built

  • Built in 1900

Lot Details

  • 0.7

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range

Schools

  • Ellis Arts Academy Elementary School
  • West Middle School
  • Auburn High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,687

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2496
  • Front: 45
  • Grid: 18
  • Legal Description: HASKELL + EDWARDS ADD W 45 FT LOT 001 BLOCK 073
  • Lvt Date: 10/17/2022
  • Rear: 45
  • Side 1: 66
  • Side 2: 66
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 110476
  • Elementary School: Ellis Arts Academy
  • Estimated Total Finished Sq Ft: 2496
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Here is a great investment opportunity! This property has 2 units with 3 bedrooms, 1 full bath in each. Fully rented. Owner pays for water and sewer. Lower unit rents for $700 and upper rents for $750. Can be sold separately or as a package deal with 2027 Elm Street and 429 S. 5th Street.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 2496
  • L O1 Brokerage Number: 478003863
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 28.04
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: Ellis Arts Academy
  • Middle School: West Middle
  • High School: Auburn High

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2021
  • Taxes: 1687

MLS Schools

  • HighSchool: Auburn High
  • School District: Rockford 205
  • Middle School: West Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Hawk Michael and Hawk Justin
Bought by
Rock River Property Services Llc
Current Estimated Value
$102,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$99,458
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$1,753

Purchase Details

Listed on
Oct 17, 2022
Closed on
Nov 25, 2022
Sold by
Soukup Joseph C
Bought by
Hawk Justin and Hawk Michael
Seller's Agent
Heather Carter
Gambino Realtors
Buyer's Agent
Carrie Lee
Coldwell Banker Real Estate Group
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%
Original Mortgage
$52,500
Interest Rate
8.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 30, 2021
Sold by
Kenneth Gordon
Bought by
Soukup Joseph C
Seller's Agent
Melody Williams
Gambino Realtors
Buyer's Agent
Heather Carter
Gambino Realtors
List Price
$54,000
Sold Price
$64,000
Premium/Discount to List
$10,000
18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$48,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2007
Bought by
Gordon Kenneth
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
Rock River Property Services Llc -- None Listed On Document
Hawk Justin $70,000 --
Soukup Joseph C $64,000 None Listed On Document
Gordon Kenneth $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock River Property Services Llc $100,000
Previous Owner Hawk Justin $52,500
Previous Owner Soukup Joseph C $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $70,000 -6.7% $28 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $75,000 +17.2% $30 / Sq Ft
06/30/2021 06/30/21 Sold $64,000 +18.5% $26 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $54,000 -- $22 / 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 $2,075 $21,901 $541 $21,360
2023 $2,005 $19,311 $477 $18,834
2022 $1,715 $15,014 $425 $14,589
2021 $1,687 $13,767 $390 $13,377
2020 $1,674 $13,015 $369 $12,646
2019 $1,662 $12,405 $352 $12,053
2018 $1,799 $12,565 $332 $12,233
2017 $1,784 $12,025 $318 $11,707
2016 $1,783 $11,800 $312 $11,488
2015 $1,805 $11,800 $312 $11,488
2014 $1,811 $12,178 $390 $11,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202206852

NorthWest Illinois Alliance of REALTORS®

APN: 11-23-105-008