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Sold for $40,000
    • $40,000

    502 W 8th St, Rock Falls, IL 61071

    3beds
    912sqft
    Single Family Residence
    Built in 1950
    7,405 Square Feet Lot
    $73,200 Zestimate®
    $44/sqft
    $1,135 Estimated rent

    Home value

    $73,200

    $56,000 - $94,000

    $1,135/mo

    Zestimate® history
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    What's special

    Traditional 50's ranch featuring 3 bedrooms, 1 full bath and 1 car attached garage. No basement to worry about flooding. Backyard is mostly fenced and offers 2 sheds. Property was built prior to 1978 and lead-based paint potentially exists. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions; Lender Pre-Approval letter for financed offers (dated within last 30 days). This property may qualify for Seller Financing (Vendee). Owner is the Secretary of Veterans Affairs.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aubra Palermo 815-297-1778,

    Re/Max Property Source

    Bought with:

    NON-NWIAR Member

    Northwest Illinois Alliance Of Realtors®

    Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202305594MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 120
    • Dimensions: 12 x 10
    Bedroom 2
    • Level: Main
    • Area: 110
    • Dimensions: 11 x 10
    Bedroom 3
    • Level: Main
    • Area: 80
    • Dimensions: 10 x 8
    Kitchen
    • Level: Main
    • Area: 204
    • Dimensions: 17 x 12
    Living room
    • Level: Main
    • Area: 234
    • Dimensions: 18 x 13
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: None, Natural Gas Water Heater
    • Laundry: Main Level
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 912
    • Total interior livable area: 912 sqft
    • Finished area above ground: 912
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Gravel
    • Garage spaces: 1
    Features
    • Fencing: Fenced
    Lot
    • Size: 7,405 Square Feet
    • Dimensions: 50 x 150 x 50 x 150
    • Features: City/Town
    Details
    • Additional structures: Garden Shed, Shed(s)
    • Parcel number: 1128455031
    • Special conditions: Real Estate Owned

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Other, Masonite
    • Roof: Shingle
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: City/Community
    • Water: City/Community

    Community & HOA

    Community
    • Subdivision: IL
    Location
    • Region: Rock Falls

    Financial & listing details

    • Price per square foot: $44/sqft
    • Tax assessed value: $25,710
    • Annual tax amount: $914
    • Date on market: 9/25/2023
    • Cumulative days on market: 6 days
    • Ownership: Fee Simple
    • Road surface type: Hard Surface Road

    Price history

    DateEventPrice
    10/27/2023Sold$40,000+37.9%$44/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202305594 Report a problem
    9/30/2023Contingent$29,000$32/sqft
    Source: MRED as distributed by MLS GRID #11889891 Report a problem
    9/24/2023Listed for sale$29,000$32/sqft
    Source: MRED as distributed by MLS GRID #11889891 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,820 +6%$25,710 +8.4%
    2023$2,660 +190.8%$23,711 +6.1%
    2022$914 -1.6%$22,356 +5.7%
    2021$930 -1.8%$21,150 +1.7%
    2020$947 +1.8%$20,788 +3.7%
    2019$930 +4.5%$20,044 +2.3%
    2018$890 -1.8%$19,598 +1.9%
    2017$906 +0.2%$19,231 +1.7%
    2016$905 -13.6%$18,908 -9.9%
    2015$1,047 +0.9%$20,995 +2.7%
    2014$1,038 -0.9%$20,435 -2.7%
    2013$1,047 -8.2%$20,995
    2012$1,140 +928%$20,995 -5.4%
    2011$111 -89.9%$22,186 -5%
    2010$1,096 +1.1%$23,363 +0%
    2009$1,085 -12.7%$23,353 +2.1%
    2008$1,242 -3.1%$22,868 +7%
    2007$1,283 $21,372 +1.4%
    2005-- $21,083
    Find assessor info on the county website

    Neighborhood: 61071

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Other/Outside Area
    • District: Other/Outside Area

    Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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