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1811 East Gate Parkway

1811 East Gate Parkway, Rockford, IL 61108
Sold Apr 01, 2020
$86,500
$82,175 by Envoy Mortgage Ltd
Mortgage Due Apr 01, 2050
Sold Nov 05, 2019
$36,000
1811 East Gate Parkway 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 1945 and is 79 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1811 East Gate Parkway has 1,568 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 738 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 1,790 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,712 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 detached garage for those who require parking. The garage measured 484 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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 alum/vinyl siding. While the interior walls have been made of plaster. 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. 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, 1811 East Gate Parkway sold most recently in Mar 27, 2020 for a total of $86,500. If you work out the math, that's approximately a cost of $45.96 per sqft. Before that, the property was also sold for $36,000 in Nov 1, 2019. 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 $2,339 in taxes each year. 1811 East Gate Parkway was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $27,466. If we break it down further, the land itself was valued at $4,178. Improvements to the property, however, were assessed at a total of $23,288. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • 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: Partial basement
  • Basement Area: 738
  • Parking Type: Attached
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,790
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,882
  • Gross Building Area: 1,882
  • Building Area: 1,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,568
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROLLING GREEN A RESIDL PK
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RE-PLAT PT ROLLING GREEN A RESIDL PK BNG SUB PT OF NE 1/4 SEC 31-44-2 LOT 010 BLOCK 013

Ownership

  • Current Owner : GORAL JOSEPH
  • Previous Owner : BJ EQUITIES LLC
  • Owner Before Previous Owner: JUDICIAL SALES CORPORATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 001600

Zoning

  • Zoning: R1

Geography

  • Parcel: 12-31-230-023
  • Block: 013
  • Lot: 010
  • Meridian: SEC 31 TWN 44 RANGE 2
  • Municipality: ROCKFORD
  • Latitude: 42.2494
  • Longitude: -89.042

    Address

  • Full Address: 1811 E Gate Pkwy
  • Address - House Number: 1811
  • Street Direction: E
  • Address - Street Name: Gate
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Rockford
  • Carrier Code: C042
  • 4-Digit Zip Code: 5913
  • Zip Code: 61108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,339
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.4762
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 4
  • Final Value: 104,930
  • High Value: 154,907
  • Low Value: 54,952

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,175
  • First Open Lien Mortgage Lender: ENVOY MORTGAGE LTD
  • First Open Lien Mortgage Recording Date: Apr 01, 2020
  • First Open Lien Mortgage Loan Amount: $82,175
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $82,398
  • Market Land Value: $12,534
  • Market Improvement Value: $69,864

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,466
  • Assessed Land Value: $4,178
  • Assessed Improvements Value: $23,288

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 27, 2020
  • Current Sale Recording Date: Apr 01, 2020
  • Current Sale Transaction ID: 11808084267
  • Current Sale Price: $86,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8651
  • Previous Sale Recording Date: Nov 05, 2019
  • Previous Sale Contract Date: Nov 01, 2019
  • Previous Sale Amount: $36,000
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: ENVOY MORTGAGE LTD
  • First Mortgage Transaction Date: Apr 01, 2020
  • First Mortgage Loan Amount: $82,175
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

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Frequently Asked Questions

What neighborhood is 1811 East Gate Parkway located in?
The 1811 East Gate Parkway is a house located in the neighborhood of Rolling Green in Southeast, Rockford.
What is the average sales price for listings in 1811 East Gate Parkway?
The average sales price for units in 1811 East Gate Parkway is $0 currently.

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