NOT LISTED FOR SALE

938 Garfield Dr Unit 940 Rochelle, IL 61068

Estimated Value: $75,000 - $178,000

2 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold April 15, 2024

Last sale price $112,500

Est. 13% increase in value since last sale

Current estimated payment $864/month

3 Days on Market

About This Home

As of April 2024

Opportunity knocks~Ranch duplex~1 bedroom, 1 bath on each side~Live in one side and have rental income on the other side or keep the tenants on both for more rental income~Roof is approx 10 years old. Sold "As-Is". No survey provided.

Last Agent to Sell the Property

Deborah Christensen

Coldwell Banker Real Estate Group License #475127109 Listed on: 03/02/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Timothy Hayden

Hayden Real Estate, Inc. License #471021188

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,009

Year Built

  • Built in 1970

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x127

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Off-Street Parking
  • Parking Space is Owned

Schools

  • Rochelle Township High School

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,009

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 150000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • OpenParkingSpaces: 2
  • Parking Features: Off Street
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • High School: Rochelle Township High School
  • Middle/Junior School District: 231

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 60X127
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2009
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
Apr 4, 2024
Sold by
Maradei Trust
Bought by
Seldal Properties Llc
Seller's Agent
Deborah Christensen
Coldwell Banker Real Estate Group
Buyer's Agent
Timothy Hayden
Hayden Real Estate, Inc.
List Price
$150,000
Sold Price
$112,500
Premium/Discount to List
-$37,500
-25%
Views
22
Current Estimated Value
$126,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,167
Avg. Annual Appreciation
8.23%
Original Mortgage
$560,000
Outstanding Balance
$551,408
Interest Rate
6.74%
Mortgage Type
Commercial
Estimated Equity
-$424,741
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
Seldal Properties Llc $700,000 Wtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seldal Properties Llc $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $112,500 -25.0% --
03/06/2024 03/06/24 Pending -- -- --
03/02/2024 03/02/24 For Sale $150,000 -- --
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 $2,298 $26,110 $6,008 $20,102
2023 $2,003 $22,661 $5,623 $17,038
2022 $2,009 $21,564 $5,351 $16,213
2021 $1,910 $19,920 $4,943 $14,977
2020 $1,838 $18,972 $4,708 $14,264
2019 $1,804 $18,646 $4,627 $14,019
2018 $1,760 $18,280 $4,536 $13,744
2017 $1,735 $18,280 $4,536 $13,744
2016 $1,592 $16,435 $4,412 $12,023
2015 $1,547 $16,160 $4,338 $11,822
2014 $1,602 $16,160 $4,338 $11,822
2013 $1,667 $16,941 $4,548 $12,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11986031

Midwest Real Estate Data (MRED)

APN: 24-25-151-005