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Rockford 61114 Reid Farm
2609 Fourwinds Drive
$195,500
● House - Off Market

2609 Fourwinds Drive

ROCKFORD, IL 61114
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,955 Ft²
$354,516
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Beautifully appointed home situated on almost an acre.  Step inside to the Elegant 2 story foyer with open staircase.  Main floor boasts hardwoods and ceramic throughout.  Generous sized kitchen features planning area and is open to family room.  Office with French doors on the main level as well as 2nd office in the partially finished lower level.  There is plenty of space for everyone.  On the second level you will find 4 large bedrooms, including the Master Suite with whirlpool tub and separate shower.  The neutral decor allows for this home to be move in ready.  Home Warranty offered for your peace of mind.
Unit Size
2,955 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$71
Property Type
House
Property Taxes
$974
HOA Dues
-
Year Built
1991

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #09147804)

Price History

Date / Event Date Event Price
Aug 12, 2016 Sold
Premium
Sold
Feb 24, 2016 Listed by Century 21 Affiliated $209,900
Listed by Century 21 Affiliated

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 1,134
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 690
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,541
  • Total Building Area: 4,779
  • Gross Building Area: 4,779
  • Building Area: 3,806
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,806
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWOOD ON SPRING CREEK PLAT NO 2
  • Land Acres: 0000000770
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: EDGEWOOD ON SPRING CREEK PLAT NO 2 BNGPT S1/2 SEC 10-44-2 LOT 51

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 000510

Zoning

  • Zoning: R1

Geography

  • Account Number: 154C601
  • Parcel: 12-10-452-003
  • Lot: 51
  • Meridian: SEC 10 TWN 44 RANGE 2
  • Municipality: ROCKFORD
  • Latitude: 42.2986
  • Longitude: -88.9894

    Address

  • Full Address: 2609 Fourwinds Dr
  • Address - House Number: 2609
  • Address - Street Name: Fourwinds
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rockford
  • Carrier Code: R016
  • 4-Digit Zip Code: 7825
  • Zip Code: 61114

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,093,402
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 411,946
  • High Value: 506,379
  • Low Value: 317,513

    Market Valuation

  • Market Total Value: $305,100
  • Market Land Value: $52,140
  • Market Improvement Value: $252,960

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,700
  • Assessed Land Value: $17,380
  • Assessed Improvements Value: $84,320

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 02, 2018
  • Current Sale Recording Date: Jul 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20181020007
  • Previous Sale Recording Date: Jan 05, 2010
  • Previous Sale Contract Date: Jan 05, 2010
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northeast

Stats & Trends

Median Asking:

$239,000

Sale Price/ft²

$134

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2576 ft²

Average Home Age

64.2 years

Currently For Sale

49 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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MRED

Listed by: Steven Niemczyk, Century 21 Affiliated
Last Updated: 3 years ago
Data Source: MRED, MLS# 09147804
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2609 Fourwinds Drive built and last sold?
The property at 2609 Fourwinds Drive was built in 1991 and last sold on Apr 2, 2018 for $320,000.
How much is this home worth?
The estimated value of the home located at 2609 Fourwinds Drive is $0.
What are some comparable homes to 2609 Fourwinds Drive?
There are currently no comparable homes to 2609 Fourwinds Drive.
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