NOT LISTED FOR SALE

720 N Highland Ave Rockford, IL 61107

Sinnissippi Park Neighborhood

Estimated Value: $227,721 - $292,000

6 Beds
3 Baths
3,024 Sq Ft
$84/Sq Ft Est. Value

Last Sold April 01, 2023

Last sale price $225,000 $74 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,491/month

7 Days on Market

Highlights

  • Brick or Stone Mason
  • Storage
  • Water Softener
  • Patio
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of April 2023

RARE FIND! LARGE, ALL BRICK 2 UNIT MULTIFAMILY PROPERTY IN THE DESIRED NORTHEAST SIDE OF TOWN! EACH UNIT HAS BEAUTIFUL HARDWOOD FLOORS AND IS SPACIOUS WITH 3 BEDS, A FIRE PLACE, LARGE KITCHEN AND ALSO A DINING ROOM. UNIT ONE (720, LOWER) HAS A TOTAL OF 1.5 BATHS. THE BUILDING ALSO HAS TWO SETS OF WASHERS AND DRYERS AND DESIGNATED STORAGE AREA FOR EACH UNIT IN THE BASEMENT. THERE IS ALSO A DETACHED TWO CAR GARAGE WITH ONE STALL FOR EACH TENANT. RENTS ARE BELOW MARKET AND COULD EASILY GO UP. ALL APPLIANCES STAY!

Last Agent to Sell the Property

Carrie DuMelle

Weichert Realtors - Tovar Properties License #475162714 Listed on: 03/17/2023

Weichert Realtors - Tovar Properties

Last Buyer's Agent

Kathleen Ricotta

Berkshire Hathaway HomeServices Crosby Starck RE License #475122121

Berkshire Hathaway HomeServices Crosby Starck RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,872

Year Built

  • Built in 1950

Lot Details

  • 7,405

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property
  • Storage
  • Washer and Dryer
  • Basement

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

Overview

  • 2 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,872

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Oven, Washer, Water Softener
  • Class: MULTIFAMILY
  • Front: 50
  • General Features: Laundry in Building, Patio, Storage Area
  • Legal Description: Bohlin + Johnsons Hiland Sub Bng a Pt of NE 1/4 Sec 24-44-1 Lot 025
  • Lvt Date: 03/17/2023
  • Rear: 50
  • Side 1: 150
  • Side 2: 150
  • Style: 2 Story
  • Type: 2 Units
  • Maintenance Yr: 400
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Utilities Yr: 840
  • Agent Only_ L A1 User Code: 110054
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 3024
  • Hold Earnest Money Y N: No
  • Pertinent Facts: RARE FIND! LARGE, ALL BRICK 2 UNIT MULTIFAMILY PROPERTY IN THE DESIRED NORTHEAST SIDE OF TOWN! EACH UNIT HAS BEAUTIFUL HARDWOOD FLOORS AND IS SPACIOUS WITH 3 BEDS, A FIRE PLACE, LARGE KITCHEN AND ALSO A DINING ROOM. UNIT ONE (720, LOWER) HAS A TOTAL OF 1.5 BATHS. THE BUILDING ALSO HAS TWO SETS OF WASHERS AND DRYERS AND DESIGNATED STORAGE AREA FOR EACH UNIT IN THE BASEMENT. THERE IS ALSO A DETACHED TWO CAR GARAGE WITH ONE STALL FOR EACH TENANT. RENTS ARE BELOW MARKET AND COULD EASILY GO UP. ALL APPLIANCES STAY!
  • 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: Yes
  • Estimated Above Grade Sq Ft: 3024
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

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

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2021
  • Taxes: 5872

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 17, 2023
Closed on
Apr 28, 2023
Sold by
Rittenhouse Benjamin and Rittenhouse Alexis M
Bought by
Stepping Stones Of Rockford Inc
Seller's Agent
Carrie DuMelle
Weichert Realtors - Tovar Properties
Buyer's Agent
Kathleen Ricotta
Berkshire Hathaway HomeServices Crosby Starck RE
List Price
$209,000
Sold Price
$225,000
Premium/Discount to List
$16,000
7.66%
Views
128
Current Estimated Value
$254,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,574
Avg. Annual Appreciation
4.90%

Purchase Details

Listed on
Dec 10, 2020
Closed on
Feb 16, 2021
Sold by
Wolfe Rentals Llp
Bought by
Rittenhouse Benjamin and Costello Alexis
Seller's Agent
Pat Sullivan
DICKERSON & NIEMAN
Buyer's Agent
Donald Dellamater
Re/Max Property Source
List Price
$149,000
Sold Price
$142,500
Premium/Discount to List
-$6,500
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.92%
Original Mortgage
$106,875
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2020
Closed on
Feb 11, 2021
Sold by
Wolfe Rentals Llp
Bought by
Rittenhouse Benjamin and Costello Alexis
Seller's Agent
Pat Sullivan
DICKERSON & NIEMAN
Buyer's Agent
Donald Dellamater
Re/Max Property Source
List Price
$149,000
Sold Price
$142,500
Premium/Discount to List
-$6,500
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,875
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2017
Sold by
Trust 2005
Bought by
Wolfe Rentals Llp

Purchase Details

Closed on
Jan 27, 2017
Sold by
Trust 2005
Bought by
Wolfe Rentals Llp

Purchase Details

Listed on
Apr 5, 2012
Closed on
Mar 21, 2013
Bought by
Wolfe Danny R and Wolfe Sandra D
Seller's Agent
Mike Lunde
Gambino Realtors
Buyer's Agent
Scott Gesner
DICKERSON & NIEMAN
List Price
$115,900
Sold Price
$102,900
Premium/Discount to List
-$13,000
-11.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
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
Stepping Stones Of Rockford Inc -- None Listed On Document
Rittenhouse Benjamin $142,500 Cicero France & Alexander Pc
Rittenhouse Benjamin $142,500 Cicero France & Alexander Pc
Wolfe Rentals Llp -- Title Underwriters Agency
Wolfe Rentals Llp -- Title Underwriters Agency
Wolfe Danny R $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rittenhouse Benjamin $106,875
Previous Owner Rittenhouse Benjamin $106,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2023 04/01/23 Sold $225,000 +7.7% $74 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $209,000 +46.7% $69 / Sq Ft
02/11/2021 02/11/21 Sold $142,500 -4.4% $47 / Sq Ft View Prior Sale
12/24/2020 12/24/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $149,000 +44.8% $49 / Sq Ft
03/22/2013 03/22/13 Sold $102,900 -11.2% $34 / Sq Ft View Prior Sale
02/05/2013 02/05/13 Pending -- -- --
04/05/2012 04/05/12 For Sale $115,900 -- $38 / 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 $1,821 -- -- --
2023 $1,821 $17,538 $1,333 $16,205
2022 $5,970 $52,255 $3,973 $48,282
2021 $5,872 $47,914 $3,643 $44,271
2020 $5,504 $42,806 $3,445 $39,361
2019 $5,466 $40,798 $3,283 $37,515
2018 $5,505 $38,447 $3,093 $35,354
2017 $5,459 $36,795 $2,960 $33,835
2016 $5,454 $36,106 $2,905 $33,201
2015 $5,523 $36,106 $2,905 $33,201
2014 $4,803 $32,287 $3,629 $28,658
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Carrie DuMelle

    Weichert Realtors - Tovar Properties

    (815) 980-9366

    1 in this area

    93 Total Sales

    Carrie DuMelle
    Section Image
  • Kathleen Ricotta

    Buyer's Agent in 2023

    Kathleen Ricotta

    Berkshire Hathaway HomeServices Crosby Starck Real Estate

    (815) 742-0713

    1 in this area

    34 Total Sales

    Kathleen Ricotta
    Section Image

  • P

    Seller's Agent in 2021

    Pat Sullivan

    DICKERSON & NIEMAN

    (815) 218-1534

    1 in this area

    76 Total Sales

    Pat Sullivan
    Section Image

  • D

    Buyer's Agent in 2021

    Donald Dellamater

    RE/MAX

    Section Image

  • M

    Seller's Agent in 2013

    Mike Lunde

    Gambino Realtors

    Section Image
  • Christine Smith

    Seller Co-Listing Agent in 2013

    Christine Smith

    Real Broker, LLC

    (815) 978-6519

    119 Total Sales

    Christine Smith
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202301160

NorthWest Illinois Alliance of REALTORS®

APN: 11-24-252-017

Illinois Winnebago County Rockford 61107 Sinnissippi Park

720 N Highland Ave, Rockford, IL

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