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2783 Panorama Drive

2783 Panorama Drive, Rockford, IL 61109
Property in Southeast
Sold Jun 21, 2017
$134,901
$130,522 by Envoy Mtg Ltd
Mortgage Due Jul 01, 2047
2783 Panorama Drive in Rockford, IL was first built in 1973 and is 51 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2783 Panorama Drive has 3,835 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt. For those who need parking, there is a garage. The garage is 836 sqft. There are a total of 6 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 16, 2017 for $134,901. That's $35.18 per sqft. 2783 Panorama Drive was last assessed in 2022. The total value of the property was assessed at $56,543. Specifically, the land the property is located on was valued at $8,800. While improvements on the property were assessed at a total of $47,743. 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 $5,062. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 836
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,835
  • Gross Building Area: 3,835
  • Building Area: 3,835
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,835
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PANORAMA VALLEY SUB PLAT 3
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PANORAMA VALLEY SUB PLAT 3 PT NW1/4 SEC3-43-2 LOT 121

Ownership

  • Current Owner : GOMEZ FABIAN
  • Previous Owner : KIGHT JOHN L
  • Previous Owner 2: KIGHT CATHERINE J
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003710

Zoning

  • Zoning: R1

Geography

  • Account Number: 255B181
  • Parcel: 16-03-128-033
  • Lot: 121
  • Municipality: CHERRY VALLEY
  • Latitude: 42.2362
  • Longitude: -88.9903

    Address

  • Full Address: 2783 Panorama Dr
  • Address - House Number: 2783
  • Address - Street Name: Panorama
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rockford
  • Carrier Code: C011
  • 4-Digit Zip Code: 1848
  • Zip Code: 61109

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,062
  • Tax Rate Code Area: 113

    Appraisal Valuation

  • Standard Deviation: 0.2459
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 248,429
  • High Value: 309,539
  • Low Value: 187,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,522
  • First Open Lien Mortgage Lender: ENVOY MTG LTD
  • First Open Lien Mortgage Recording Date: Jun 21, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $130,522
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047

    Market Valuation

  • Market Total Value: $169,629
  • Market Land Value: $26,400
  • Market Improvement Value: $143,229

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,543
  • Assessed Land Value: $8,800
  • Assessed Improvements Value: $47,743

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 16, 2017
  • Current Sale Recording Date: Jun 21, 2017
  • Current Sale Transaction ID: 11708811405
  • Current Sale Price: $134,901
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENVOY MTG LTD
  • First Mortgage Transaction Date: Jun 21, 2017
  • First Mortgage Loan Amount: $130,522
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Southeast



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 2783 Panorama Drive located in?
The 2783 Panorama Drive is a located in the neighborhood of Southeast in Southeast, Rockford.
What is the average sales price for listings in 2783 Panorama Drive?
The average sales price for units in 2783 Panorama Drive is $0 currently.

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