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4235 Oaklane Road

4235 Oaklane Road, Rockford, IL 61109
House in Rockford
Sold Oct 22, 2020
$153,000
$150,228 by Midwest/community Bank
Mortgage Due Oct 01, 2050
4235 Oaklane Road in Rockford, IL was first built in 1962 and is 62 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4235 Oaklane Road has 1,554 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. The basement is 1,147 sqft and has been categorized as a full basement. In total, the area measurement of the land is 16,988 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. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 440 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. 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 heating system. 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 Sep 23, 2020 for $153,000. That's $48.71 per sqft. 4235 Oaklane Road was last assessed in 2022. The total value of the property was assessed at $49,406. Specifically, the land the property is located on was valued at $6,055. While improvements on the property were assessed at a total of $43,351. 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 $4,087. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Paneling
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,147
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 3,141
  • Gross Building Area: 3,141
  • Building Area: 1,554
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,554
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: KISHWAUKEE-KILBUCK SUB
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KISHWAUKEE-KILBUCK SUB SE 1/4 SEC 28-43-1 16-47 LOT 4 & NWLY 8 FT LOT 005

Ownership

  • Current Owner : REIMER DANIEL
  • Previous Owner : BRENDA PIPER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Meridian Community Unit School District 223
  • Census Tract: 003711

Zoning

  • Zoning: AG

Geography

  • Parcel: 15-28-427-004
  • Lot: 4,005
  • Meridian: SEC 28 TWN 43 RANGE 1
  • Municipality: ROCKFORD
  • Latitude: 42.17
  • Longitude: -89.1199

    Address

  • Full Address: 4235 Oaklane Rd
  • Address - House Number: 4235
  • Address - Street Name: Oaklane
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rockford
  • Carrier Code: R001
  • 4-Digit Zip Code: 4779
  • Zip Code: 61109

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,087
  • Tax Rate Code Area: 093

    Appraisal Valuation

  • Standard Deviation: 0.2178
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 215,533
  • High Value: 262,477
  • Low Value: 168,588

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $170,228
  • First Open Lien Mortgage Lender: MIDWEST/COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $150,228
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Lender: CONNEXUS CREDIT UNION CORPORAT
  • Second Open Lien Mortgage Recording Date: Mar 27, 2024
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 27, 2054

    Market Valuation

  • Market Total Value: $148,218
  • Market Land Value: $18,165
  • Market Improvement Value: $130,053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,406
  • Assessed Land Value: $6,055
  • Assessed Improvements Value: $43,351

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11795402457
  • Current Sale Price: $153,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201032020

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST/COMMUNITY BANK
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $150,228
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 4235 Oaklane Road located in?
The 4235 Oaklane Road is a house located in the neighborhood of Rockford in Winnebago, Rockford.
What is the average sales price for listings in 4235 Oaklane Road?
The average sales price for units in 4235 Oaklane Road is $0 currently.

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