1515 South Meridian Road

Local assessors in Rockford, IL have categorized 1515 South Meridian Road as a office type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 734,422 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 1515 South Meridian Road has a total of 3,406 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 partial basement that is 1,702 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1515 South Meridian Road was last sold in Apr 17, 2021 for $450,000. According to our calculations, that's $88.10 per sqft. Current property owners are expected to pay $21,520 in taxes per year. The property on 1515 South Meridian Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $236,603. To break that down further, the land itself was valued at $48,469. While improvements to the property were assessed at a total of $188,134. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.