$40,000
SOLD OCT 18, 2024

626-628 W Cottonwood St Freeport, IL 61032

4 Beds
2 Baths
2,427 Sq Ft
9,017 Sq Ft Lot

Recently Sold

$16 Per Sq Ft

20% Below List Price

2 Days on Market

About This Home

As of October 2024

Two Story duplex, rented on month to month. Agent Related

Last Agent to Sell the Property

Mark Endress

Key Realty - Rockford License #475185762 Listed on: 10/01/2024

Key Realty - Rockford

Last Buyer's Agent

Mark Endress

Key Realty - Rockford License #475185762 Listed on: 10/01/2024

Key Realty - Rockford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1877

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 60x60x149x149
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,813

Year Built

Built in 1877

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1877
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Other
  • List Price: 50000
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 145

Lot Info

  • Lot Dimensions: 60X60X149X149
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 1813
  • Tax Year: 2023

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Oct 21, 2024
Sold by
Knipschield Daniel
Bought by
Contreras Robert
Seller's Agent
Mark Endress
Key Realty - Rockford
Buyer's Agent
Mark Endress
Key Realty - Rockford
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Views
2
Current Estimated Value
$81,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,614
Avg. Annual Appreciation
280.42%

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jun 16, 2023
Sold by
An Investments Llc
Bought by
Knipschield Daniel
Seller's Agent
Kimberly Taylor
NextHome First Class
Buyer's Agent
Mark Endress
Key Realty
List Price
$28,000
Sold Price
$28,500
Premium/Discount to List
$500
1.79%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.54%
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
Warranty Deed $40,000 --
Warranty Deed $28,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $40,000 -20.0% $16 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $50,000 +75.4% $21 / Sq Ft
06/15/2023 06/15/23 Sold $28,500 +1.8% $12 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $28,000 +180.0% $12 / Sq Ft
12/03/2018 12/03/18 Sold $10,000 -56.5% $4 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $23,000 -- $9 / 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 $1,668 $14,898 $1,736 $13,162
2023 $1,813 $14,258 $1,792 $12,466
2022 $1,517 $12,222 $1,793 $10,429
2021 $1,496 $11,427 $1,737 $9,690
2020 $1,021 $7,847 $1,737 $6,110
2019 $1,035 $7,847 $1,737 $6,110
2018 $1,013 $7,669 $1,737 $5,932
2017 $1,486 $11,248 $1,737 $9,511
2016 $1,485 $11,368 $1,737 $9,631
2015 $1,486 $11,543 $1,741 $9,802
2013 $1,527 $12,773 $1,836 $10,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12175261

Midwest Real Estate Data (MRED)

APN: 18-14-31-104-016