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717 Ellis Avenue

717 Ellis Avenue, Rockford, IL 61103
Property in Edgewater
Sold Jan 04, 2021
$110,000
$103,500 by Illinois Bank & Trust
Mortgage
Sold Dec 23, 2015
$100,000
717 Ellis 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 1935 and is 89 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 717 Ellis Avenue has 1,040 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 520 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 linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 4,517 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 216 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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. The exterior walls of the building are made of alum/vinyl siding. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Dec 28, 2020 for $110,000. That's $70.51 per sqft. Prior to that sales transaction, the property was also sold in Dec 17, 2015 for $100,000. 717 Ellis Avenue was last assessed in 2022. The total value of the property was assessed at $18,357. Specifically, the land the property is located on was valued at $3,080. While improvements on the property were assessed at a total of $15,277. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,412. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 520
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,517
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HARLEM PARK SUBD
  • Land Acres: 0.104
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HARLEM PARK SUBD PT N1/2 SEC 13-44-1 ESTLY 50 FT LOT 10 + ESTLY 50 FT LOT 011 BLOCK 026

Ownership

  • Current Owner : RENEW ROCKFORD LLC
  • Previous Owner : OBELISK DEVELOPMENT COMPANY LLC
  • Owner Before Previous Owner: ROCKFORD DEV LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003500

Zoning

  • Zoning: R1

Geography

  • District: 16
  • Parcel: 11-13-155-010
  • Block: 026
  • Lot: 10-11
  • Meridian: SEC 13 TWN 44 RANGE 1
  • Municipality: ROCKFORD
  • Latitude: 42.2904
  • Longitude: -89.072

    Address

  • Full Address: 717 Ellis Ave
  • Address - House Number: 717
  • Address - Street Name: Ellis
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Rockford
  • Carrier Code: C022
  • 4-Digit Zip Code: 4735
  • Zip Code: 61103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,412
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2704
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 84,320
  • High Value: 107,124
  • Low Value: 61,517

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $103,500
  • First Open Lien Mortgage Lender: ILLINOIS BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jan 04, 2021
  • First Open Lien Mortgage Loan Amount: $103,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $55,071
  • Market Land Value: $9,240
  • Market Improvement Value: $45,831

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,357
  • Assessed Land Value: $3,080
  • Assessed Improvements Value: $15,277

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Jan 04, 2021
  • Current Sale Transaction ID: 11823130866
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 139
  • Previous Sale Recording Date: Dec 23, 2015
  • Previous Sale Contract Date: Dec 17, 2015
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ILLINOIS BANK & TRUST
  • First Mortgage Transaction Date: Jan 04, 2021
  • First Mortgage Loan Amount: $103,500
  • First Mortgage Loan Type: New Conventional

About Northwest



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Frequently Asked Questions

What neighborhood is 717 Ellis Avenue located in?
The 717 Ellis Avenue is a located in the neighborhood of Edgewater in Northwest, Rockford.
What is the average sales price for listings in 717 Ellis Avenue?
The average sales price for units in 717 Ellis Avenue is $0 currently.

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