NOT LISTED FOR SALE

Estimated Value: $139,525 - $206,000

-- Bed
2 Baths
2,184 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $85,000 $39 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,125/month

168 Days on Market

Highlights

  • Property is near public transit
  • Brick or Stone Mason
  • Forced Air Heating System
  • Balcony

About This Home

As of February 2020

Fully occupied all brick duplex in established Edgewater neighborhood. Great live-in investment property. Separate utilities, washer and dryer in basement stay. $600-$650 month potential income per unit, 2 car divided garage, off-street parking, storage shed, stone patio, three season porch, newer carpet/flooring, window coverings, appliances window A/C units and an easily maintained yard.

Last Agent to Sell the Property

Joshua Patterson

Keller Williams Realty Signature License #475170530 Listed on: 07/18/2019

Keller Williams Realty Signature

Last Buyer's Agent

Lynsey Faraher

DICKERSON & NIEMAN License #475.188357

DICKERSON & NIEMAN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,935

Year Built

  • Built in 1920

Lot Details

  • 0.9

Home Design

  • Duplex
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Stove

Parking

  • 2 Car Parking Spaces
  • Additional Parking

Schools

  • West View Elementary School
  • West Middle School
  • Guilford High School

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,935

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2184
  • Exemptions: Owner
  • Front: 74
  • General Features: Additional Parking, Balcony, On Bus Route
  • Grid: 16
  • Legal Description: HARLEM PARK SUBD PT N1/2 SEC 13-44-1 W74FT LOT 001 BLOCK 037
  • Lvt Date: 07/18/2019
  • Rear: 74
  • Side 1: 50
  • Side 2: 50
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 17226
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 110165
  • Elementary School: West View Elementary
  • Pertinent Facts: Fully occupied all brick duplex in established Edgewater neighborhood. Great live-in investment property. Separate utilities, washer and dryer in basement stay. $600-$650 month potential income per unit, 2 car divided garage, off-street parking, storage shed, stone patio, three season porch, newer carpet/flooring, window coverings, appliances window A/C units and an easily maintained yard.
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 478001315
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: West View Elementary
  • Middle School: West Middle
  • High School: Guilford High

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2018
  • Taxes: 1935

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Feb 28, 2020
Sold by
Hall Terrance M
Bought by
Dorsey Darrell D
Seller's Agent
Joshua Patterson
Keller Williams Realty Signature
Buyer's Agent
Lynsey Faraher
DICKERSON & NIEMAN
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%
Current Estimated Value
$175,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,881
Avg. Annual Appreciation
12.07%
Original Mortgage
$75,925
Outstanding Balance
$68,287
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$91,529

Purchase Details

Closed on
Sep 28, 2016
Sold by
Paravala Joseph J
Bought by
Hall Terrance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,150
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Dorsey Darrell D $85,000 Schlueter Ecklund & Davitt/Nn
Hall Terrance M -- Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorsey Darrell D $75,925
Previous Owner Hall Terrance M $73,150
Closed Dorsey Darrell D $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $85,000 -5.6% $39 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
10/01/2019 10/01/19 For Sale $90,000 0.0% $41 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $90,000 +20.8% $41 / Sq Ft
06/25/2015 06/25/15 Sold $74,500 -5.6% $34 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $78,900 -- $36 / 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 $2,092 $28,072 $3,437 $24,635
2023 $1,947 $24,753 $3,031 $21,722
2022 $1,842 $22,124 $2,709 $19,415
2021 $1,751 $20,286 $2,484 $17,802
2020 $1,744 $19,177 $2,348 $16,829
2019 $1,817 $18,278 $2,238 $16,040
2018 $2,175 $17,226 $2,109 $15,117
2017 $2,012 $16,094 $2,019 $14,075
2016 $2,049 $15,792 $1,981 $13,811
2015 $2,416 $15,792 $1,981 $13,811
2014 $3,434 $23,084 $2,473 $20,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201904396

NorthWest Illinois Alliance of REALTORS®

APN: 11-13-156-010