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1516 Deborah Avenue

1516 Deborah Avenue, Rockford, IL 61103
House in Northwest
Sold Sep 03, 2020
$116,000
$113,898 by Envoy Mortgage Ltd
Mortgage Due Sep 01, 2040
Sold Oct 24, 2008
$116,000
1516 Deborah Avenue has been categorized by the local assessors in Rockford, IL as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1516 Deborah Avenue has 2,378 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,102 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 870 ft. The area measurement of the land has been determined as 17,424 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 352 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1516 Deborah Avenue sold most recently in Aug 31, 2020 for a total of $116,000. If you work out the math, that's approximately a cost of $34.30 per sqft. Before that, the property was also sold for $116,000 in Oct 24, 2008. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,693 in taxes each year. 1516 Deborah Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $38,320. If we break it down further, the land itself was valued at $6,139. Improvements to the property, however, were assessed at a total of $32,181. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior
Stone Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,102
  • Garage Type: Attached
  • Garage Square Area: 352
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 870
  • Total Building Area: 3,382
  • Gross Building Area: 3,382
  • Building Area: 2,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,378
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HALSTED PARK PROSPECT GARDENS SUB
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HALSTED PARK PROSPECT GARDENS SUB BNGA SUB OF A PT OF NE1/4 SEC 11-44-1 LOT15

Ownership

  • Current Owner : MUSAMBILWA MORISHO
  • Current Owner 2: LUMBILA ASUMANI
  • Previous Owner : STEWARD
  • Previous Owner 2: TAMIKA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003606

Zoning

  • Zoning: R1

Geography

  • Parcel: 11-11-204-007
  • Lot: 15
  • Meridian: SEC 11 TWN 44 RANGE 1
  • Municipality: ROCKFORD
  • Latitude: 42.3088
  • Longitude: -89.0835

    Address

  • Full Address: 1516 Deborah Ave
  • Address - House Number: 1516
  • Address - Street Name: Deborah
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Rockford
  • Carrier Code: C021
  • 4-Digit Zip Code: 3055
  • Zip Code: 61103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,693
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 162,965
  • High Value: 199,986
  • Low Value: 125,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $113,898
  • First Open Lien Mortgage Lender: ENVOY MORTGAGE LTD
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Loan Amount: $113,898
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2040

    Market Valuation

  • Market Total Value: $114,960
  • Market Land Value: $18,417
  • Market Improvement Value: $96,543

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,320
  • Assessed Land Value: $6,139
  • Assessed Improvements Value: $32,181

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11808025605
  • Current Sale Price: $116,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 25662
  • Previous Sale Recording Date: Oct 24, 2008
  • Previous Sale Contract Date: Oct 24, 2008
  • Previous Sale Amount: $116,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENVOY MORTGAGE LTD
  • First Mortgage Transaction Date: Sep 03, 2020
  • First Mortgage Loan Amount: $113,898
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2040

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Frequently Asked Questions

What neighborhood is 1516 Deborah Avenue located in?
The 1516 Deborah Avenue is a house located in the neighborhood of Northwest in Northwest, Rockford.
What is the average sales price for listings in 1516 Deborah Avenue?
The average sales price for units in 1516 Deborah Avenue is $0 currently.

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