NOT LISTED FOR SALE

6508 Old Colony Bend Unit 6510 Rockford, IL 61108

Estimated Value: $227,000 - $508,000

4 Beds
4 Baths
2,760 Sq Ft
$129/Sq Ft Est. Value

Last Sold January 16, 2019

Last sale price $200,000 $72 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,727/month

13 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Water Softener
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System

About This Home

As of January 2019

Awesome ranch style duplex in quiet location. Updated 2 bedroom 2 bath duplex, 3 car garage, finished lower level. Both units rented 1200 & 1100 per month. Hard to find, great investment opportunity.

Last Agent to Sell the Property

Miroslaw Niemiec

Key Realty, Inc License #475160325 Listed on: 10/30/2018

Key Realty, Inc

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,275

Year Built

  • Built in 1986

Lot Details

  • 0.48

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Gregory Elementary School
  • Eisenhower Middle School
  • Guilford High School

Utilities

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

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,275

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Refrigerator, Washer, Water Softener
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2760
  • Estimated Below Grade Finished Sq Ft: 800
  • Exemptions: Owner
  • Front: 95
  • General Features: Deck, Laundry in Unit
  • Grid: 83
  • Legal Description: PLAT NO 1 SETTLERS PARK BNG SUB PT SE 1/4 SEC 27-44-2 LOT 5
  • Lvt Date: 10/30/2018
  • Rear: 100
  • Side 1: 207
  • Side 2: 217
  • Style: 1 Story
  • Type: 2 Units
  • Total Assessed Value: 68518
  • Maintenance Yr: 700
  • Management Yr: 1200
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Potential Income: 2300
  • Utilities Yr: 1440
  • Agent Only_ L A1 User Code: 10324
  • Elementary School: Gregory Elementary
  • Pertinent Facts: Awesome ranch style duplex in quiet location. Updated 2 bedroom 2 bath duplex, 3 car garage, finished lower level. Both units rented 1200 & 1100 per month. Hard to find, great investment opportunity.
  • L O1 Brokerage Number: 477012769
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Rockford 205
  • Elementary School: Gregory Elementary
  • Middle School: Eisenhower Middle
  • High School: Guilford High

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2017
  • Taxes: 9275

MLS Schools

  • HighSchool: Guilford High
  • School District: Rockford 205
  • Middle School: Eisenhower Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Andrew Montgomery
Bought by
Paredes Cesar A
Current Estimated Value
$356,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,101
Outstanding Balance
$236,156
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$120,315

Purchase Details

Listed on
Oct 30, 2018
Closed on
Jan 15, 2019
Sold by
Randy Stulce
Bought by
Montgedmery Andrew
Seller's Agent
Miroslaw Niemiec
Key Realty, Inc
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$216,000
Sold Price
$200,000
Premium/Discount to List
-$16,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$150,000
Interest Rate
5.63%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Paredes Cesar A $265,000 Chicago Title
Montgedmery Andrew $200,000 Title Underwriters Agency
Montgomery Andrew $200,000 Cooke James F
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paredes Cesar A $260,101
Previous Owner Montgomery Andrew $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2019 01/16/19 Sold $200,000 -7.4% $72 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $216,000 -- $78 / 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 $10,099 $106,566 $12,903 $93,663
2023 $9,757 $93,965 $11,377 $82,588
2022 $9,562 $83,693 $10,170 $73,523
2021 $9,405 $76,740 $9,325 $67,415
2020 $9,328 $72,546 $8,815 $63,731
2019 $8,459 $69,144 $8,402 $60,742
2018 $7,839 $65,163 $7,918 $57,245
2017 $9,275 $68,518 $7,578 $60,940
2016 $7,146 $67,234 $7,436 $59,798
2015 $7,236 $67,234 $7,436 $59,798
2014 $6,121 $53,382 $9,311 $44,071
Source: Public Records

Agents Affiliated with this Home

  • Miroslaw Niemiec

    Seller's Agent in 2019

    Miroslaw Niemiec

    Key Realty, Inc

    (815) 997-8188

    143 Total Sales

    Miroslaw Niemiec
    Section Image

  • N

    Buyer's Agent in 2019

    NON-NWIAR Member

    NorthWest Illinois Alliance of REALTORS®

    NON-NWIAR Member
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201806954

NorthWest Illinois Alliance of REALTORS®

APN: 12-27-452-001

Illinois Winnebago County Rockford 61108

6508 Old Colony Bend Unit 6510, Rockford, IL

This home is located at 6508 Old Colony Bend Unit 6510, Rockford, IL 61108 since 30 October 2018 and is currently estimated at $356,471, approximately $129 per square foot. This property was built in 1986. 6508 Old Colony Bend Unit 6510 is a home located in Winnebago County with nearby schools including Gregory 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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