NOT LISTED FOR SALE

Estimated Value: $92,000 - $223,000

8 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold May 09, 2018

Last sale price $38,000

Est. 283% increase in value since last sale

Current estimated payment $789/month

77 Days on Market

About This Home

As of May 2018

Brick 4-family apartment building. All units have two bedrooms and separate utilities, living and dining rooms, and lots of hardwood floors. Full basement and off-street parking in the back of the building. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Larry Holen

Pioneer Real Estate Services, Inc License #471007097 Listed on: 01/25/2018

Pioneer Real Estate Services, Inc

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 45x165x45x165

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned

Schools

  • Kishwaukee Elementary School
  • Abraham Lincoln Middle School
  • Rockford East High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Elementary School: KISHWAUKEE ELEMENTARY SCHOOL
  • High School: ROCKFORD EAST HIGH SCHOOL
  • Middle/Junior School: ABRAHAM LINCOLN MIDDLE SCHOOL

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 45X165X45X165
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • TenantPays: None

Tax Info

  • Tax Annual Amount: 2120.12
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2018
Closed on
May 9, 2018
Sold by
Federal National Mortgage Association
Bought by
Tafolla Luis
Seller's Agent
Larry Holen
Pioneer Real Estate Services, Inc
Buyer's Agent
Non Member
NON MEMBER
List Price
$45,000
Sold Price
$38,000
Premium/Discount to List
-$7,000
-15.56%
Current Estimated Value
$145,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,636
Avg. Annual Appreciation
19.70%
Original Mortgage
$26,600
Outstanding Balance
$23,453
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$122,183

Purchase Details

Listed on
Jan 25, 2018
Closed on
May 8, 2018
Sold by
Fannie Mae
Bought by
Tafolla Luis
Seller's Agent
Larry Holen
Pioneer Real Estate Services, Inc
Buyer's Agent
Non Member
NON MEMBER
List Price
$45,000
Sold Price
$38,000
Premium/Discount to List
-$7,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,600
Outstanding Balance
$23,453
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$122,183
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
Tafolla Luis $38,000 None Listed On Document
Tafolla Luis $38,000 Atg
Tafolla Luis $38,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tafolla Luis $26,600
Closed Tafolla Luis $26,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2018 05/09/18 Sold $38,000 -5.0% --
04/12/2018 04/12/18 Pending -- -- --
04/10/2018 04/10/18 Price Changed $40,000 -11.1% --
04/04/2018 04/04/18 For Sale $45,000 0.0% --
03/29/2018 03/29/18 Pending -- -- --
03/05/2018 03/05/18 Price Changed $45,000 -9.8% --
01/25/2018 01/25/18 For Sale $49,900 -- --
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 $277 $2,927 $2,927 --
2023 $929 $8,949 $2,582 $6,367
2022 $2,193 $19,195 $2,308 $16,887
2021 $2,157 $17,600 $2,116 $15,484
2020 $2,139 $16,638 $2,000 $14,638
2019 $2,124 $15,858 $1,906 $13,952
2018 $2,140 $14,945 $1,796 $13,149
2017 $2,122 $14,303 $1,719 $12,584
2016 $2,120 $14,035 $1,687 $12,348
2015 $2,147 $14,035 $1,687 $12,348
2014 $2,088 $14,037 $2,109 $11,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09841097

Midwest Real Estate Data (MRED)

APN: 11-26-288-009