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5567 Wheat Drive

5567 Wheat Drive, Rockford, IL 61102
Property in Rockford
Sold Mar 16, 2016
$170,000
$166,920 by Alpine Bk&tr Co
Mortgage Due Apr 01, 2046
Sold Oct 08, 2002
$162,000
Local assessors in Rockford, IL have categorized 5567 Wheat Drive as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 14,375 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 3 full bathrooms. There are also 3 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 5567 Wheat Drive has a total of 2,600 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 partial basement that is 1,580 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 680 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 a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5567 Wheat Drive was last sold in Mar 14, 2016 for $170,000. According to our calculations, that's $40.09 per sqft. Prior to that sales transaction, the property was sold for $162,000 in Oct 8, 2002. Current property owners are expected to pay $6,370 in taxes per year. The property on 5567 Wheat Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $69,203. To break that down further, the land itself was valued at $10,862. While improvements to the property were assessed at a total of $58,341. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,580
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 680
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 4,240
  • Gross Building Area: 4,240
  • Building Area: 2,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EAGLE MEADOW SUB NO 1
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EAGLE MEADOW SUB NO 1 PT E 1/2 SW1/4 SEC 32-44-1 LOT 49

Ownership

  • Current Owner : BROWN NATALIE L
  • Previous Owner : GREG FITZGERALD INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Winnebago Community Unit School District 323
  • Census Tract: 003711

Zoning

  • Zoning: R1

Geography

  • Account Number: 212C249
  • Parcel: 11-32-377-018
  • Lot: 49
  • Meridian: SEC 32 TWN 44 RANGE 1
  • Municipality: ROCKFORD
  • Latitude: 42.2405
  • Longitude: -89.1469

    Address

  • Full Address: 5567 Wheat Dr
  • Address - House Number: 5567
  • Address - Street Name: Wheat
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rockford
  • Carrier Code: R033
  • 4-Digit Zip Code: 3891
  • Zip Code: 61102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,370
  • Tax Rate Code Area: 069

    Appraisal Valuation

  • Standard Deviation: 0.2705
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 250,810
  • High Value: 318,672
  • Low Value: 182,948

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,920
  • First Open Lien Mortgage Lender: ALPINE BK&TR CO
  • First Open Lien Mortgage Recording Date: Mar 16, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $166,920
  • 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: Apr 01, 2046

    Market Valuation

  • Market Total Value: $207,609
  • Market Land Value: $32,586
  • Market Improvement Value: $175,023

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,203
  • Assessed Land Value: $10,862
  • Assessed Improvements Value: $58,341

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 2016
  • Current Sale Recording Date: Mar 16, 2016
  • Current Sale Transaction ID: 11708493286
  • Current Sale Price: $170,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Oct 08, 2002
  • Previous Sale Contract Date: Oct 08, 2002
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALPINE BK&TR CO
  • First Mortgage Transaction Date: Mar 16, 2016
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Winnebago



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Frequently Asked Questions

What neighborhood is 5567 Wheat Drive located in?
The 5567 Wheat Drive is a located in the neighborhood of Rockford in Winnebago, Rockford.
What is the average sales price for listings in 5567 Wheat Drive?
The average sales price for units in 5567 Wheat Drive is $0 currently.

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