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2938 Southbridge Road

2938 Southbridge Road, Rockford, IL 61114
House in Northeast
Sold Feb 24, 2020
$130,000
$125,564 by Academy Mortgage Corporation
Mortgage Due Mar 01, 2050
Sold Feb 01, 2008
$130,400
Local assessors in Rockford, IL have categorized 2938 Southbridge Road as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 10,454 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 2938 Southbridge Road has a total of 1,240 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 full basement that is 832 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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Feb 21, 2020 for $130,000. That's $50.94 per sqft. Prior to that sales transaction, the property was also sold in Feb 1, 2008 for $130,400. 2938 Southbridge Road was last assessed in 2022. The total value of the property was assessed at $46,484. Specifically, the land the property is located on was valued at $6,693. While improvements on the property were assessed at a total of $39,791. 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 $4,625. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Stone Exterior
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 832
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,552
  • Gross Building Area: 2,552
  • Building Area: 1,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CARRIAGE HILLS SUB 6
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CARRIAGE HILLS SUB 6 SE 1/4 SEC 8-44-235-46 LT LOT 143

Ownership

  • Current Owner : WOOD ALEXANDRA
  • Current Owner 2: PHILLIPS NATHAN
  • Previous Owner : OSMAN KURBANOV
  • Previous Owner 2: OSMAN SAODAT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 000516

Zoning

  • Zoning: R1

Geography

  • Parcel: 12-08-401-005
  • Lot: 143
  • Meridian: SEC 8 TWN 44 RANGE 235
  • Municipality: ROCKFORD
  • Latitude: 42.3028
  • Longitude: -89.0286

    Address

  • Full Address: 2938 Southbridge Rd
  • Address - House Number: 2938
  • Address - Street Name: Southbridge
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rockford
  • Carrier Code: R011
  • 4-Digit Zip Code: 6264
  • Zip Code: 61114

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,625
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2419
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 66
  • Final Value: 189,851
  • High Value: 235,776
  • Low Value: 143,926

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $133,064
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 24, 2020
  • First Open Lien Mortgage Loan Amount: $125,564
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Recording Date: Feb 24, 2020
  • Second Open Lien Mortgage Loan Amount: $7,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $139,452
  • Market Land Value: $20,079
  • Market Improvement Value: $119,373

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,484
  • Assessed Land Value: $6,693
  • Assessed Improvements Value: $39,791

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 21, 2020
  • Current Sale Recording Date: Feb 24, 2020
  • Current Sale Transaction ID: 11755589110
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201005044
  • Previous Sale Recording Date: Feb 01, 2008
  • Previous Sale Contract Date: Feb 01, 2008
  • Previous Sale Amount: $130,400
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Feb 24, 2020
  • First Mortgage Loan Amount: $125,564
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050
  • Second Mortgage Loan Amount: $7,500

About Northeast



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,275 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
Listing by Campbell & Cullom

Frequently Asked Questions

What neighborhood is 2938 Southbridge Road located in?
The 2938 Southbridge Road is a house located in the neighborhood of Northeast in Northeast, Rockford.
What is the average sales price for listings in 2938 Southbridge Road?
The average sales price for units in 2938 Southbridge Road is $0 currently.

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