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Rockford 61109 CMC
4063 Tesa Road
$139,000
● House - Off Market

4063 Tesa Road

ROCKFORD, IL 61109
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,936 Ft²
$238,557
RealtyHop Estimate
70.52%
Since Mar 1, 2007
National-US
Primary Model

About This Property

Immaculate 1936 sq ft 4 bedroom home with 2 HUGE baths! Fabulous SE location, minutes from by-pass 20 and I-90. Kitchen sliders to spacious 2 tiered deck. Low maintenance, upgraded windows. Master bedroom has spacious walk-in closet! Neutral flooring and elegantly decorated.  You will not be disappointed! Visit today!
Unit Size
1,936 Ft²
Days on Market
-
Land Size
-
Price per sqft
$72
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1996

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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.

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 4
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,832
  • Gross Building Area: 2,832
  • Building Area: 2,832
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,832
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: JEFFERSON RIDGE PT NE1/4 SEC 18-43-2 &PT NW1/4 SEC 17-43-2 LOT 13

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003706

Zoning

  • Zoning: R2

Geography

  • Parcel: 16-17-152-005
  • Lot: 13
  • Meridian: SEC 18 TWN 43 RANGE 2
  • Municipality: CHERRY VALLEY
  • Latitude: 42.2022
  • Longitude: -89.0371

    Address

  • Full Address: 4063 Tesa Rd
  • Address - House Number: 4063
  • Address - Street Name: Tesa
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rockford
  • Carrier Code: R014
  • 4-Digit Zip Code: 3993
  • Zip Code: 61109

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $429,302
  • Tax Rate Code Area: 127

    Appraisal Valuation

  • Standard Deviation: 0.2469
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 189,777
  • High Value: 236,635
  • Low Value: 142,919

    Market Valuation

  • Market Total Value: $129,402
  • Market Land Value: $20,937
  • Market Improvement Value: $108,465

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,134
  • Assessed Land Value: $6,979
  • Assessed Improvements Value: $36,155

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 27120
  • Previous Sale Recording Date: Feb 28, 2007
  • Previous Sale Contract Date: Feb 28, 2007
  • Previous Sale Amount: $139,000
  • 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 CMC

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

37

Average Home Size

1964 ft²

Average Home Age

35.1 years

Currently For Sale

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

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: TONI VANDER HEYDEN, Gambino Realtors Home Builders
Data Source: MRED, MLS# MRD06369738
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 4063 Tesa Road built and last sold?
The property at 4063 Tesa Road was built in 1996 and last sold on Jul 30, 2021 for $140,000.
How much is this home worth?
The estimated value of the home located at 4063 Tesa Road is $141,424.
What are some comparable homes to 4063 Tesa Road?
There are currently no comparable homes to 4063 Tesa Road.
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