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818 3rd Avenue

818 3rd Avenue, Rockford, IL 61104
Multifamily in Midtown
818 3rd Avenue in Rockford, IL was first built in 1910 and is 114 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 818 3rd Avenue has 1,745 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 845 sqft and has been categorized as a full basement. In total, the area measurement of the land is 4,792 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 818 3rd Avenue sold most recently in Feb 24, 2023 for a total of $145,000. If you work out the math, that's approximately a cost of $55.98 per sqft. Before that, the property was also sold for $55,000 in Mar 31, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,419 in taxes each year. 818 3rd Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $12,417. If we break it down further, the land itself was valued at $374. Improvements to the property, however, were assessed at a total of $12,043. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220816
08/16/2022
Studio
-
873 ft²
$69,900
bedrooms
Studio
bathrooms
-
square feet
873 ft²
-
-
-
Maureen McCarty
Emerald Realty Group of Rockford, PLLC
20210224
02/24/2021
Studio
1 Bath
1745 ft²
$59,900
bedrooms
Studio
bathrooms
1 Bath
square feet
1745 ft²
$55,000 -8.18%
04/06/2021
Jesse Dabson

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 845
  • Parking Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 2,590
  • Gross Building Area: 2,590
  • Building Area: 1,745
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,745
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GREGORYS ADDN
  • Land Acres: 0.11
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: GREGORYS ADDN EXC E95FT ALL LOT 005 BLOCK 010

Ownership

  • Current Owner : 107ET LLC
  • Previous Owner : A2B HOLDING LLC
  • Owner Before Previous Owner: PJ INVESTMENTS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 001100

Zoning

  • Zoning: R3

Geography

  • Parcel: 11-26-207-007
  • Block: 010
  • Lot: 005
  • Municipality: ROCKFORD
  • Latitude: 42.2639
  • Longitude: -89.0844

    Address

  • Full Address: 818 3rd Ave
  • Address - House Number: 818
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Rockford
  • Carrier Code: C019
  • 4-Digit Zip Code: 2118
  • Zip Code: 61104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,419
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2594
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 74,672
  • High Value: 94,046
  • Low Value: 55,299

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $145,000
  • First Open Lien Mortgage Lender: NORTHWEST BK/ROCKFORD
  • First Open Lien Mortgage Recording Date: Mar 01, 2023
  • First Open Lien Mortgage Loan Amount: $116,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 24, 2028
  • Second Open Lien Mortgage Recording Date: Mar 01, 2023
  • Second Open Lien Mortgage Loan Amount: $29,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Feb 24, 2028

    Market Valuation

  • Market Total Value: $37,251
  • Market Land Value: $1,122
  • Market Improvement Value: $36,129

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $12,417
  • Assessed Land Value: $374
  • Assessed Improvements Value: $12,043

    Sales

  • Current Sale Contract Date: Feb 24, 2023
  • Current Sale Recording Date: Mar 01, 2023
  • Current Sale Transaction ID: 11903196647
  • Current Sale Price: $145,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 4262
  • Previous Sale Recording Date: Apr 06, 2021
  • Previous Sale Contract Date: Mar 31, 2021
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHWEST BK/ROCKFORD
  • First Mortgage Transaction Date: Mar 01, 2023
  • First Mortgage Loan Amount: $116,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 24, 2028
  • Second Mortgage Loan Amount: $29,000

    Previous Mortgages

  • Previous Mortgage Lender: STILLMAN BANCCORP NA
  • Previous Mortgage Transaction Date: Apr 06, 2021
  • Previous Mortgage Loan Amount: $41,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051

About Southeast



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Frequently Asked Questions

What neighborhood is 818 3rd Avenue located in?
The 818 3rd Avenue is a multifamily located in the neighborhood of Midtown in Southeast, Rockford.
What is the average sales price for listings in 818 3rd Avenue?
The average sales price for units in 818 3rd Avenue is $59,900 , or $34/sqft. currently.

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