NOT LISTED FOR SALE

Estimated Value: $84,831 - $112,000

-- Bed
2 Baths
1,745 Sq Ft
$55/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $70,000 $40 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $640/month

135 Days on Market

About This Home

As of February 2023

Great investment opportunity - 2-unit building. The lower level has been nicely redone. Large living room and dining area with new LVP flooring, two bedrooms, and one full bath. Kitchen with stainless steel stove and sink. The upper level is in the process of being updated to the same quality of work as the lower level. Tenants pay their own electricity. Owner to pay gas, water, sewer, and garbage. Rents will be $700 per unit.

Last Agent to Sell the Property

Maureen McCarty

Emerald Realty Group of Rockford, PLLC License #475157672 Listed on: 08/16/2022

Co-Listed By

Robert McCarty

Emerald Realty Group of Rockford, PLLC License #471022157

Last Buyer's Agent

Victor Tellez

Realty of America, LLC License #475173003

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,229

Year Built

  • Built in 1910

Lot Details

  • 4,792

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,745 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range

Outdoor Features

  • Covered Patio or Porch

Schools

  • C Henry Bloom Elementary School
  • Abraham Lincoln Middle School
  • Rockford East High School

Utilities

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

$1,229

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 873
  • Front: 70
  • General Features: Porch Covered
  • Legal Description: Gregory's Addn Exc E 95 FT All Lot 005 Block 010
  • Lvt Date: 08/16/2022
  • Rear: 70
  • Side 1: 66
  • Side 2: 66
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 5366
  • Elementary School: C Henry Bloom Elementary
  • Estimated Total Finished Sq Ft: 1745
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Great investment opportunity - 2-unit building. The lower level has been nicely redone. Large living room and dining area with new LVP flooring, two bedrooms, and one full bath. Kitchen with stainless steel stove and sink. The upper level is in the process of being updated to the same quality of work as the lower level. Tenants pay their own electricity. Owner to pay gas, water, sewer, and garbage. Rents will be $700 per unit.
  • 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: No
  • Estimated Above Grade Sq Ft: 1745
  • L O2 Brokerage Number: 478010804
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Utilities

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

Building Info

  • Year Built: 1910

Tax Info

  • Year: 2021
  • Taxes: 1229

MLS Schools

  • HighSchool: Rockford East High
  • School District: Rockford 205
  • Middle School: Abraham Lincoln Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Feb 24, 2023
Sold by
A2b Holding Llc
Bought by
107Et Llc
Seller's Agent
Maureen McCarty
Emerald Realty Group of Rockford, PLLC
Buyer's Agent
Victor Tellez
Realty of America, LLC
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%
Views
45
Current Estimated Value
$95,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,708
Avg. Annual Appreciation
11.91%
Original Mortgage
$29,000
Interest Rate
2.8%

Purchase Details

Closed on
Jun 8, 2022
Sold by
Blondin Alexander T
Bought by
A2b Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 31, 2021
Sold by
Pj Investments Llc
Bought by
Blondin Alexander T
Seller's Agent
Jesse Dabson
Key Realty, Inc
Buyer's Agent
Jorge DaSilva
Key Realty, Inc
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%
Original Mortgage
$41,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1998
Bought by
Humphrey Scott J and Humphrey Kathleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
107Et Llc $145,000 None Listed On Document
A2b Holding Llc -- Reese & Reese
Blondin Alexander T $55,000 None Listed On Document
Humphrey Scott J $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 107Et Llc $29,000
Open 107Et Llc $116,000
Previous Owner A2b Holding Llc $376,500
Previous Owner Blondin Alexander T $41,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold $70,000 +0.1% $40 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/13/2022 12/13/22 For Sale $69,900 -0.1% $40 / Sq Ft
08/30/2022 08/30/22 Off Market $70,000 -- --
08/16/2022 08/16/22 For Sale $69,900 +27.1% $40 / Sq Ft
03/31/2021 03/31/21 Sold $55,000 -8.2% $32 / Sq Ft View Prior Sale
02/25/2021 02/25/21 For Sale $59,900 -- $34 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
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 $1,671 $17,631 $474 $17,157
2023 $1,614 $15,546 $418 $15,128
2022 $1,419 $12,417 $374 $12,043
2021 $1,229 $10,029 $343 $9,686
2020 $1,219 $9,481 $324 $9,157
2019 $1,211 $9,037 $309 $8,728
2018 $1,314 $8,516 $290 $8,226
2017 $1,209 $8,151 $278 $7,873
2016 $1,395 $9,233 $273 $8,960
2015 $1,412 $9,233 $273 $8,960
2014 $1,452 $8,883 $341 $8,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202205481

NorthWest Illinois Alliance of REALTORS®

APN: 11-26-207-007