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Rockford 61109
4580 Linview Drive
$205,000
● House - Off Market

4580 Linview Drive

Rockford, IL 61109
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,240 Ft²
$1,215
Est. Monthly
13.60%
Cap Rate

About This Property

Adorable house in quiet country subdivision situated on 1/2 acre fenced in lot. Upgraded everything; living room withhardwood floors opened up to kitchen with center island with butcher block counters. Cherry 42" kitchen cabinets and lots of them, corner bar area in the dining room/family room, which leads out to huge covered/screened-in deck overlooking backyard; great entertaining space. 2 upgraded bathrooms with the master bathroom featuring double sinks. Full basement with walk out and framed-in room plus a rough-in for a 3rd bathroom
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$161
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1965

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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: 2 years ago (MRED MLS #12289026)

Price History

Date / Event Date Event Price
Mar 25, 2025 Sold
Premium
Sold
Feb 28, 2025 In contract -
In contract
Feb 25, 2025 Relisted $200,000
Relisted
Feb 18, 2025 In contract -
In contract
Feb 14, 2025 Listed by Keller Williams Realty Signature $200,000
Listed by Keller Williams Realty Signature
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,240
  • Garage Type: 7
  • Garage Square Area: 396
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,480
  • Gross Building Area: 2,480
  • Building Area: 2,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,480
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINVIEW SUB PLAT
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: LINVIEW SUB PLAT 2 PT E1/2 SW1/4 SEC7-43-2 LOT 008 BLOCK 002

Neighborhood

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

Zoning

  • Zoning: RR

Geography

  • Parcel: 16-07-326-002
  • Block: 002
  • Lot: 008
  • Municipality: CHERRY VALLEY
  • Latitude: 42.2152
  • Longitude: -89.0516

    Address

  • Full Address: 4580 Linview Dr
  • Address - House Number: 4580
  • Address - Street Name: Linview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rockford
  • Carrier Code: R019
  • 4-Digit Zip Code: 3214
  • Zip Code: 61109

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $263,570
  • Tax Rate Code Area: 115

    Appraisal Valuation

  • Standard Deviation: 0.2326
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 162,214
  • High Value: 199,953
  • Low Value: 124,475

    Market Valuation

  • Market Total Value: $110,208
  • Market Land Value: $26,400
  • Market Improvement Value: $83,808

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,736
  • Assessed Land Value: $8,800
  • Assessed Improvements Value: $27,936

    Sales

  • Current Sale Contract Date: Jan 19, 2022
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2257
  • Previous Sale Recording Date: Oct 11, 2012
  • Previous Sale Contract Date: Oct 11, 2012
  • Previous Sale Amount: $80,000
  • 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 Rockford

Stats & Trends

Median Asking:

$185,000

Sale Price/ft²

$124

Below Asking

0.02%

Average Days on Market

42

Average Home Size

1768 ft²

Average Home Age

71 years

Currently For Sale

143 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

Nearby Rentals

Unit for rent at 2642 Hanson Street, Rockford, IL, 61109

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 820 ft²
2642 Hanson Street, Rockford, IL, 61109 Listing by Luis Sancho

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Angie Wait, Keller Williams Realty Signature
Last Updated: 2 years ago
Data Source: MRED, MLS# 12289026
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 4580 Linview Drive built and last sold?
The property at 4580 Linview Drive was built in 1965 and last sold on Jan 19, 2022 for $133,000.
How much is this home worth?
The estimated value of the home located at 4580 Linview Drive is $0.
What are some comparable homes to 4580 Linview Drive?
There are currently no comparable homes to 4580 Linview Drive.
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