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708 1st Avenue

708 1st Avenue, Rock Falls, IL 61071
Property in Coloma
1 Units For Sale
Unit for sale at 708 1st Avenue, Rock Falls, IL 61071

$105,000

  • Commercial
  • 650 ft²
708 1st Avenue, Rock Falls, IL 61071 Listing by Tim Crawford

This has been categorized as a commercial property type. In total, the area measurement of the land is 10,201 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 708 1st Avenue sold most recently in Nov 27, 2023 for a total of $85,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,733 in taxes each year. 708 1st Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,630. If we break it down further, the land itself was valued at $19,534. Improvements to the property, however, were assessed at a total of $4,096. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,201
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: MERRILLS SECOND ADDITION
  • Land Acres: 0.234
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: MERRILLS 2ND ADD SURVEY TRACT B LOT 9 & N PT LOT 8 BLK 20 83300X

Ownership

  • Current Owner : R & B OF ROCK FALLS INC
  • Previous Owner : THOMAS J DOUGLAS J
  • Previous Owner 2: THOMAS PENNY L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Apr 02, 2024

Neighborhood

  • School District Name: Rock Falls Elementary School District 13
  • Census Tract: 001500

Geography

  • Account Number: 113208
  • District: 11
  • Subdivision Tract Number: B
  • Parcel: 1128439009
  • Block: 20
  • Lot: 8-9
  • Municipality: COLOMA
  • Latitude: 41.7771
  • Longitude: -89.6899

    Address

  • Full Address: 708 1st Ave
  • Address - House Number: 708
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Rock Falls
  • Carrier Code: C002
  • 4-Digit Zip Code: 1766
  • Zip Code: 61071

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,733
  • Tax Rate Code Area: 01110

    Market Valuation

  • Market Total Value: $70,890
  • Market Land Value: $58,602
  • Market Improvement Value: $12,288

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,630
  • Assessed Land Value: $19,534
  • Assessed Improvements Value: $4,096

    Sales

  • Current Sale Contract Date: Nov 27, 2023
  • Current Sale Recording Date: Dec 05, 2023
  • Current Sale Transaction ID: 11917922989
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5961

About Rock Falls



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 708 1st Avenue located in?
The 708 1st Avenue is a located in the neighborhood of Coloma in Rock Falls, Rock Falls.
How many listings are currently for sale in 708 1st Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 708 1st Avenue?
The average sales price for units in 708 1st Avenue is $105,000 , or $162/sqft. currently.

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