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813 3rd Avenue

813 3rd Avenue, Rockford, IL 61104
Multifamily in Midtown
813 3rd Avenue has been categorized by the local assessors in Rockford, IL as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 16 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 813 3rd Avenue has 2,802 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,401 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 820 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 813 3rd Avenue was last sold in Sep 30, 2020 for $80,000. According to our calculations, that's $19.03 per sqft. Prior to that sales transaction, the property was sold for $80,000 in Sep 30, 2020. Current property owners are expected to pay $3,432 in taxes per year. The property on 813 3rd Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $30,035. To break that down further, the land itself was valued at $2,600. While improvements to the property were assessed at a total of $27,435. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Vinyl Siding

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200106
01/06/2020
4 Bed
-
-
$100,000
bedrooms
4 Bed
bathrooms
-
$80,000 -20.00%
10/02/2020
Jesse Dabson

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Quadplex
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,401
  • Garage Type: Detached
  • Garage Square Area: 820
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 4,203
  • Gross Building Area: 4,203
  • Building Area: 2,802
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,802
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GREGORYS ADD
  • Land Acres: 0.19
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: GREGORYS ADD W 1/2 LOT 3 & E 17.95 FTLOT 004 BLOCK 013

Ownership

  • Current Owner : VALENTINE FRANK
  • Previous Owner : ROCK CITY HOMES LLC
  • Owner Before Previous Owner: ROCK CITY HOMES LLC

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 001100

Zoning

  • Zoning: R3

Geography

  • Parcel: 11-26-252-004
  • Block: 013
  • Lot: 3
  • Municipality: ROCKFORD
  • Latitude: 42.2634
  • Longitude: -89.0846

    Address

  • Full Address: 813 3rd Ave
  • Address - House Number: 813
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Rockford
  • Carrier Code: C019
  • 4-Digit Zip Code: 2165
  • Zip Code: 61104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,432
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2437
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 141,593
  • High Value: 176,104
  • Low Value: 107,083

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $93,100
  • First Open Lien Mortgage Lender: GREENSTATE CREDIT UNION
  • First Open Lien Mortgage Recording Date: Oct 13, 2022
  • First Open Lien Mortgage Loan Amount: $93,100
  • 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: Nov 01, 2052

    Market Valuation

  • Market Total Value: $90,105
  • Market Land Value: $7,800
  • Market Improvement Value: $82,305

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,035
  • Assessed Land Value: $2,600
  • Assessed Improvements Value: $27,435

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Transaction ID: 11790712161
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1029480
  • Previous Sale Recording Date: Oct 02, 2020
  • Previous Sale Contract Date: Sep 30, 2020
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLACKHAWK BANK
  • First Mortgage Transaction Date: Oct 02, 2020
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BLACKHAWK BANK
  • Previous Mortgage Transaction Date: Oct 02, 2020
  • Previous Mortgage Loan Amount: $60,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

About Southeast



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Frequently Asked Questions

What neighborhood is 813 3rd Avenue located in?
The 813 3rd Avenue is a multifamily located in the neighborhood of Midtown in Southeast, Rockford.
What is the average sales price for listings in 813 3rd Avenue?
The average sales price for units in 813 3rd Avenue is $89,900 currently.

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