$260,000
SOLD SEP 29, 2023

716 Medford Dr Rockford, IL 61107

-- Bed
-- Bath
2,060 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

12% Below List Price

22 Days on Market

Highlights

  • Deck
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • Patio
  • Washer and Dryer

About This Home

As of May 2025

GREAT INVESTMENT: Built in 1965 Rent both units or live in one and have the income from the other unit help with expenses. Both units are basically identical. 716 Medford has been upgraded and 718 Medford has not been updated. Features of each unit: upper level includes 2 bedrooms with hardwood flooring and a full bathroom. Main floor has a spacious Master Bedroom with full bath. Large eat-in kitchen with lots of cabinets refrigerator, stove and dishwasher. Patio off the Kitchen. Laundry room off the Main bedroom. Huge living room with fireplace and balcony. Partial Basement utility room/storage room (23x15) with a 1 car garage and garager door opener. Separate utilities. Water and sanitary are paid by owner. Roof shingles replaced in 2011, newer gutters with leaf guard. Huge fenced rear yard. Month to month leases with same tenant for over 30 years in the 718 unit. PLEASE READ REALTOR REMARKS

Last Agent to Sell the Property

Vic Nafranowicz

Vic Nafranowicz Inc., Realtors License #471004086 Listed on: 08/07/2023

Last Buyer's Agent

Monica Moran

Smart Home Realty License #475191584

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,485

Year Built

  • Built in 1965

Lot Details

  • Fenced Yard

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,060 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Disposal

Outdoor Features

  • Deck
  • Patio

Schools

  • District 205-Rfd Elementary And Middle School
  • District 205-Rfd High School

Utilities

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

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,485

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 55
  • General Features: Deck, Fenced Yard, Main Floor Master, Patio
  • Grid: 68
  • Legal Description: SEC 020 TWP 044 RANGE 002 ACRES .22
  • Lvt Date: 08/07/2023
  • Rear: 55
  • Side 1: 177.42
  • Side 2: 177.42
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 5
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 698
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 2060
  • Hold Earnest Money Y N: No
  • Pertinent Facts: GREAT INVESTMENT: Built in 1965 Rent both units or live in one and have the income from the other unit help with expenses. Both units are basically identical. 716 Medford has been upgraded and 718 Medford has not been updated. Features of each unit: upper level includes 2 bedrooms with hardwood flooring and a full bathroom. Main floor has a spacious Master Bedroom with full bath. Large eat-in kitchen with lots of cabinets refrigerator, stove and dishwasher. Patio off the Kitchen. Laundry room off the Main bedroom. Huge living room with fireplace and balcony. Partial Basement utility room/storage room (23x15) with a 1 car garage and garager door opener. Separate utilities. Water and sanitary are paid by owner. Roof shingles replaced in 2011, newer gutters with leaf guard. Huge fenced rear yard. Month to month leases with same tenant for over 30 years in the 718 unit. PLEASE READ REALTOR REMARKS
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 2060
  • L O1 Brokerage Number: 478027336
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 126.21
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Vinyl
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 6

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: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Building Info

  • Year Built: 1965

Tax Info

  • Year: 2022
  • Taxes: 6485

MLS Schools

  • HighSchool: District 205-RFD
  • School District: Rockford 205
  • Middle School: District 205-RFD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2025
Closed on
May 28, 2025
Sold by
Chavez Jose Ulisses
Bought by
Recendez Ivan and Recendez Pedro
Seller's Agent
Kendra Monroe
Keller Williams Realty Signature
Buyer's Agent
Fidel Batres
Keller Williams Realty Signature
List Price
$349,000
Sold Price
$310,000
Premium/Discount to List
-$39,000
-11.17%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.53%
Original Mortgage
$256,500
Outstanding Balance
$256,500
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$70,469

Purchase Details

Listed on
Aug 7, 2023
Closed on
Sep 29, 2023
Sold by
Prymak Adam
Bought by
Chavez Jose U
Seller's Agent
Vic Nafranowicz
Vic Nafranowicz Inc., Realtors
Buyer's Agent
Monica Moran
Smart Home Realty
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$195,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1991
Bought by
Prymak Adam
Source: Public Records

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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 $310,000 None Listed On Document
Warranty Deed $260,000 None Listed On Document
Deed $89,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,500 New Conventional
Previous Owner $195,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Rent $1,850 0.0% --
05/28/2025 05/28/25 Sold $310,000 -11.2% --
03/24/2025 03/24/25 Pending -- -- --
03/23/2025 03/23/25 For Sale $349,000 +34.2% --
09/29/2023 09/29/23 Sold $260,000 -11.9% $126 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $295,000 -- $143 / 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 $7,109 $75,015 $6,166 $68,849
2023 $6,594 $63,507 $5,438 $58,069
2022 $6,485 $56,764 $4,861 $51,903
2021 $6,379 $52,048 $4,457 $47,591
2020 $6,327 $49,204 $4,213 $44,991
2019 $6,283 $46,896 $4,015 $42,881
2018 $6,326 $44,187 $3,784 $40,403
2017 $6,274 $42,288 $3,621 $38,667
2016 $6,268 $41,495 $3,553 $37,942
2015 $6,347 $41,495 $3,553 $37,942
2014 $5,151 $34,628 $4,441 $30,187
Source: Public Records

Agents Affiliated with this Home

  • Kendra Monroe

    Seller's Agent in 2025

    Kendra Monroe

    Keller Williams Realty Signature

    (815) 289-6915

    317 Total Sales

    Kendra Monroe
    Section Image
  • Fidel Batres

    Buyer's Agent in 2025

    Fidel Batres

    Keller Williams Realty Signature

    (815) 677-8331

    1,113 Total Sales

    Fidel Batres
    Section Image
  • Vic Nafranowicz

    Seller's Agent in 2023

    Vic Nafranowicz

    Vic Nafranowicz Inc., Realtors

    (815) 988-9057

    53 Total Sales

    Vic Nafranowicz
    Section Image
  • Monica Moran

    Buyer's Agent in 2023

    Monica Moran

    Smart Home Realty

    (630) 835-4134

    165 Total Sales

    Monica Moran
    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202304492

NorthWest Illinois Alliance of REALTORS®

APN: 12-20-253-014

Illinois Winnebago County Rockford 61107

716 Medford Dr, Rockford, IL

This home is located at 716 Medford Dr, Rockford, IL 61107 and is currently priced at $260,000, approximately $126 per square foot. This property was built in 1965. 716 Medford Dr is a home located in Winnebago County with nearby schools including Brookview 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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