$162,000
SOLD APR 8, 2025

7988 Royal Oaks Rd Unit 31-7988 Rockford, IL 61107

2 Beds
2 Baths
1,203 Sq Ft
$270/mo HOA Fee

Recently Sold

$135 Per Sq Ft

1% Above List Price

3 Days on Market

Highlights

  • Patio
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Living Room
  • Bathroom on Main Level
  • Dining Room

About This Home

As of April 2025

Welcome home to affordable living! This FIRST FLOOR 2 bed, 2 bath condo is just 90 seconds from the freeway entrance and features a new (in 2023) high-efficiency furnace, 2 car garage, primary suite with en-suite, first floor laundry and so much more! Eat-in kitchen and a great room with a fireplace offer a convenient and spacious living arrangement. Welcome Home!

Last Agent to Sell the Property

Kevin Horstman

Berkshire Hathaway HomeServices Crosby Starck Real Estate License #471019313 Listed on: 02/25/2025

Berkshire Hathaway HomeServices Crosby Starck Real Estate

Last Buyer's Agent

Debbie Lemek

Century 21 Affiliated - Rockford License #475123190

Century 21 Affiliated - Rockford

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,566

Year Built

  • Built in 2002

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,203 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, lawn care, snow removal
  • 4 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,566

Year Built

Built in 2002

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2002
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1203
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1203
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1203
  • Total Sq Ft: 1203
  • Main Level Sq Ft: 1203
  • Lower Level Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 160000
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 810
  • Association Fee Frequency: Quarterly
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Water, Lawn Care, Snow Removal, Other

Schools

  • Middle/Junior School District: 205

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 2566
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
Apr 8, 2025
Sold by
Karen Vege-Steele Trust and Vege-Boucher Krista L
Bought by
Pickens Irma
Seller's Agent
Kevin Horstman
Berkshire Hathaway HomeServices Crosby Starck Real Estate
Buyer's Agent
Debbie Lemek
Century 21 Affiliated - Rockford
List Price
$160,000
Sold Price
$162,000
Premium/Discount to List
$2,000
1.25%
Total Days on Market
3
Views
63
Current Estimated Value
$166,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,260
Avg. Annual Appreciation
6.13%
Original Mortgage
$145,800
Outstanding Balance
$145,800
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$19,906
Source: Public Records

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Range of Values:

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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
Deed $162,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Sold $162,000 +1.3% $135 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $160,000 -- $133 / 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 $2,796 $40,505 $4,204 $36,301
2023 $2,566 $35,716 $3,707 $32,009
2022 $2,357 $31,923 $3,313 $28,610
2021 $2,208 $29,271 $3,038 $26,233
2020 $2,114 $27,672 $2,872 $24,800
2019 $3,485 $26,374 $2,737 $23,637
2018 $1,755 $24,857 $2,580 $22,277
2017 $1,871 $23,789 $2,469 $21,320
2016 $1,839 $23,343 $2,423 $20,920
2015 $1,561 $23,343 $2,423 $20,920
2014 $1,745 $24,122 $3,028 $21,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12298164

Midwest Real Estate Data (MRED)

APN: 12-23-231-034