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Rockford 61107 Northeast
4601 Red Bluff Drive
$180,000
● House - Off Market

4601 Red Bluff Drive

Rockford, IL 61107
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
1,548 Ft²
$170,185
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to 4601 Redbluff Drive. This beautiful home boasts several updates including newly refinished hardwood floors, brand new kitchen appliances, new kitchen cabinets and counters, new vinyl plank flooring in the bathrooms and kitchen, and newer A/C. This property features a separate 1 bedroom 1 bathroom residence behind the main house that you can use as a guest house or rent it out for extra income (currently occupied by a long term tenant). This property is adjacent to Aldeen park where you can enjoy peaceful walks during those nice spring days! Don't miss the opportunity to own this property that has so much to offer. Shared driveway. Back cabin sold "as is."
Unit Size
1,548 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$110
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1966

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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: 3 years ago (MRED MLS #11765738)

Price History

Date / Event Date Event Price
Jun 9, 2023 Sold
Premium
Sold
Apr 22, 2023 Listed by Re/Max of Rock Valley $169,900
Listed by Re/Max of Rock Valley

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 4
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 1,196
  • Parking Type: 1
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,744
  • Gross Building Area: 2,744
  • Building Area: 2,148
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,148
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1101
  • County Land Use Code: 32
  • Legal Description 1: (EXC TRI TR LYG MOST NWLY COR) S 120 FT E 65 FT W 417.42 FT PT NE1/4 SEC SEC: 20 TWP: 44 RANGE: 2 ACRES: 0.12

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 000507

Zoning

  • Zoning: R2

Geography

  • Parcel: 12-20-253-018
  • Block: 20
  • Lot: 16
  • Meridian: SEC 20 TWN 44N RNG 02E
  • Municipality: ROCKFORD
  • Latitude: 42.2748
  • Longitude: -89.0276

    Address

  • Full Address: 4601 Red Bluff Dr
  • Address - House Number: 4601
  • Address - Street Name: Red Bluff
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rockford
  • Carrier Code: C030
  • 4-Digit Zip Code: 3714
  • Zip Code: 61107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $505,512
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2077
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 193,295
  • High Value: 233,460
  • Low Value: 153,129

    Market Valuation

  • Market Total Value: $132,735
  • Market Land Value: $16,779
  • Market Improvement Value: $115,956

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,245
  • Assessed Land Value: $5,593
  • Assessed Improvements Value: $38,652

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13162
  • Previous Sale Recording Date: Jun 29, 1993
  • Previous Sale Contract Date: Jun 29, 1993
  • 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 Northeast

Stats & Trends

Median Asking:

$239,000

Sale Price/ft²

$133

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2529 ft²

Average Home Age

64.5 years

Currently For Sale

51 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

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MRED

Listed by: Taylor Miller, Re/Max of Rock Valley
Last Updated: 3 years ago
Data Source: MRED, MLS# 11765738
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 4601 Redbluff Drive built and last sold?
The property at 4601 Redbluff Drive was built in 1966 and last sold on Jun 9, 2023 for $180,000.
How much is this home worth?
The estimated value of the home located at 4601 Redbluff Drive is $0.
What are some comparable homes to 4601 Redbluff Drive?
There are currently no comparable homes to 4601 Redbluff Drive.
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