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1027 Knowlton Street

1027 Knowlton Street, Rockford, IL 61102
House in Southwest
Sold Mar 08, 2021
$43,000
$32,250 by Holcomb Bank
Mortgage Due Mar 02, 2026
Sold Oct 15, 2020
$27,205
Local assessors in Rockford, IL have categorized 1027 Knowlton Street as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1027 Knowlton Street has a total of 1,312 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 720 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Mar 1, 2021 for $43,000. That's $21.16 per sqft. Prior to that sales transaction, the property was also sold in Oct 2, 2020 for $27,205. 1027 Knowlton Street was last assessed in 2022. The total value of the property was assessed at $17,337. Specifically, the land the property is located on was valued at $746. While improvements on the property were assessed at a total of $16,591. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,295. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 720
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,032
  • Gross Building Area: 2,032
  • Building Area: 1,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WELDONS SUBD
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WELDONS SUBD OF A PT OF THE SW1/4 SEC27-44-1 LOT 012 BLOCK 002

Ownership

  • Current Owner : STANTON TIMOTHY
  • Previous Owner : BLACKSTAR STABILITY DISTRESSED DEBT FUND
  • Owner Before Previous Owner: HOME AMERICA FUND III LP

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 002700

Zoning

  • Zoning: R1

Geography

  • Parcel: 11-27-304-010
  • Block: 002
  • Lot: 012
  • Municipality: ROCKFORD
  • Latitude: 42.2586
  • Longitude: -89.1129

    Address

  • Full Address: 1027 Knowlton St
  • Address - House Number: 1027
  • Address - Street Name: Knowlton
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rockford
  • Carrier Code: C015
  • 4-Digit Zip Code: 3139
  • Zip Code: 61102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,295
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.4762
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 4
  • Final Value: 76,890
  • High Value: 113,512
  • Low Value: 40,267

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $32,250
  • First Open Lien Mortgage Lender: HOLCOMB BANK
  • First Open Lien Mortgage Recording Date: Mar 08, 2021
  • First Open Lien Mortgage Loan Amount: $32,250
  • 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: Mar 02, 2026

    Market Valuation

  • Market Total Value: $52,011
  • Market Land Value: $2,238
  • Market Improvement Value: $49,773

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,337
  • Assessed Land Value: $746
  • Assessed Improvements Value: $16,591

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Transaction ID: 11831344112
  • Current Sale Price: $43,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7826
  • Previous Sale Recording Date: Oct 15, 2020
  • Previous Sale Contract Date: Oct 02, 2020
  • Previous Sale Amount: $27,205
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOLCOMB BANK
  • First Mortgage Transaction Date: Mar 08, 2021
  • First Mortgage Loan Amount: $32,250
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 02, 2026

About Southwest



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Frequently Asked Questions

What neighborhood is 1027 Knowlton Street located in?
The 1027 Knowlton Street is a house located in the neighborhood of Southwest in Southwest, Rockford.
What is the average sales price for listings in 1027 Knowlton Street?
The average sales price for units in 1027 Knowlton Street is $0 currently.

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