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5966 Cambridge Chase

5966 Cambridge Chase, Rockford, IL 61107
House in Northeast
Sold Aug 14, 2020
$245,000
$232,750 by Midwest Community Bank
Mortgage Due Aug 01, 2050
Sold Aug 14, 2020
$245,000
$232,750 by Midwest Community Bank
Mortgage Due Aug 01, 2050
5966 Cambridge Chase in Rockford, IL was first built in 2003 and is 21 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 custom style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 5966 Cambridge Chase has 3,544 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 1,033 sqft and has been categorized as a full basement. In total, the area measurement of the land is 50,530 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 1,020 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of masonry. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 5966 Cambridge Chase was last sold in Jul 14, 2020 for $245,000. According to our calculations, that's $43.77 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Jul 14, 2020. Current property owners are expected to pay $11,000 in taxes per year. The property on 5966 Cambridge Chase was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $102,279. To break that down further, the land itself was valued at $18,007. While improvements to the property were assessed at a total of $84,272. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior
Stone Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 21
  • Building Condition: Excellent
  • Construction Type: Frame
  • Building Style: Custom
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 1,033
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 1,020
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 50,530
  • Total Building Area: 5,597
  • Gross Building Area: 5,597
  • Building Area: 3,544
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,544
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CAMBRIDGE CHASE
  • Land Acres: 1.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAMBRIDGE CHASE PT SE1/4 SEC 16-44-2 LOT 1

Ownership

  • Current Owner : GARCIA ENRIQUE
  • Current Owner 2: VERA CLAUDIA M
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 000506

Zoning

  • Zoning: R1

Geography

  • Parcel: 12-16-476-014
  • Lot: 1
  • Meridian: SEC 16 TWN 44 RANGE 2
  • Municipality: ROCKFORD
  • Latitude: 42.285
  • Longitude: -89.0003

    Address

  • Full Address: 5966 Cambridge Chase
  • Address - House Number: 5966
  • Address - Street Name: Cambridge Chase
  • State: IL
  • City Name: Rockford
  • Carrier Code: C029
  • 4-Digit Zip Code: 2500
  • Zip Code: 61107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,000
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2103
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 373,178
  • High Value: 451,677
  • Low Value: 294,679

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,750
  • First Open Lien Mortgage Lender: MIDWEST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Aug 14, 2020
  • First Open Lien Mortgage Loan Amount: $232,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $306,837
  • Market Land Value: $54,021
  • Market Improvement Value: $252,816

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,279
  • Assessed Land Value: $18,007
  • Assessed Improvements Value: $84,272

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 14, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Transaction ID: 11783894502
  • Current Sale Price: $245,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1023054
  • Previous Sale Recording Date: Aug 14, 2020
  • Previous Sale Contract Date: Jul 14, 2020
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST COMMUNITY BANK
  • First Mortgage Transaction Date: Aug 14, 2020
  • First Mortgage Loan Amount: $232,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MIDWEST COMMUNITY BANK
  • Previous Mortgage Transaction Date: Aug 14, 2020
  • Previous Mortgage Loan Amount: $232,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About Northeast



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Frequently Asked Questions

What neighborhood is 5966 Cambridge Chase located in?
The 5966 Cambridge Chase is a house located in the neighborhood of Northeast in Northeast, Rockford.
What is the average sales price for listings in 5966 Cambridge Chase?
The average sales price for units in 5966 Cambridge Chase is $0 currently.

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