RealtyBid - Details for Property - 504 Lincoln Ave, Rockford, IL 61102
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Online Auction - REO

504 Lincoln Ave

Winnebago County, Rockford, IL 61102
This property was sold.
Property ID 740682

Details

  • 3 Bedrooms
  • 2 Full Baths
  • Basement: Full
  • 1548 Sq Ft
  • Built in 1995
  • 2 Car Garage
  • Gas Heat
  • 0.37 Acres Lot

Description

Double lot! This home features three bedrooms and a full bath upstairs. Main floor has living room, family room, dining room, kitchen and a full bath. Basement with a rec room and a two car garage. There's a lot of house and yard for the money.

Contingencies/Terms Offered

  • Seller reserves the right to a final review of all bids received. Seller may accept or reject any bid regardless of whether or not the reserve price has been met.
  • Specific Property Disclosures:

    ** $500 CLOSING COST CREDIT FROM REALTYBID **
    RealtyBid is offering a $500 Closing Cost Credit to the winning buyer of this property upon successful purchase and close through RealtyBid.com. Should the closing not take place for any reason at all, the credit will not be given to the Buyer.

    SELLER WILL ONLY ACCEPT CASH OFFERS. CLOSING MUST OCCUR WITHIN 21 DAYS OF OFFER APPROVAL FOR CASH OFFERS.

    THE INTERNET TRANSACTION FEE IS 5% OF BID PRICE OR $2,500.00, WHICHEVER IS GREATER. THE BUYER PREMIUM/INTERNET TRANSACTION FEE WILL BE ADDED TO THE BUYER’S BID PRICE TO OBTAIN THE TOTAL PURCHASE PRICE. THE BUYER PREMIUM/INTERNET TRANSACTION FEE WILL THEN BE PAID AT CLOSING BY THE SELLER AND WILL BE LISTED AS A SELLER PAY ON THE HUD SETTLEMENT STATEMENT/CLOSING DISCLOSURE.

    THE BUYER AGENT IS RESPONSIBLE FOR PAYING AN OFFER PROCESSING FEE IN THE AMOUNT OF $150.00.
  • Covius Mortgage Solutions, LLC has agreed to give the Buyer a credit in the amount of $500.00, which is to be paid from the auction marketing fee at closing and the same to be reflected on the HUD-1 Settlement Statement or Closing Disclosure. Should the closing not take place for any reason, by the contract closing date, the credit will not be given to the Buyer or applied to the HUD-1 Settlement Statement or Closing Disclosure. Offer processing fee of $150.00 shall be paid by the Buyer’s Agent. If there is no buyer agent, the offer processing fee shall be paid by Covius Mortgage Solutions, LLC. Closing Agent: Deliver the offer processing fee payment to: RES.NET, 25520 Commercentre Dr. #150,Lake Forest, CA 92630.
  • Learn About Terms for Cash and Financed Purchases

    Please note that the seller may reject your offer if you change from a "cash" purchase to a "financed" purchase after your offer has been placed.

    One-Year Forecast

    Property + 9.45%
    ZIP + 9.44%
    Metro + 9.57%

    Property Insights

    House Ranking: 7

    29% of houses appreciate more than 8.61% in this ZIP Code

    47% of houses are forecast to appreciate more than 9.45% in this ZIP Code

    Historical Growth

      Last Year 10 Year
    Property + 8.61% + 60.78%
    ZIP + 0.72% +53.94%
    Metro + 0.75% +54.16%

    Index Tools - Valuation Changes

    Below is a line graph of the indexes for this property, its ZIP Code area, and its Metropolitan Statistical Area (MSA). The graph tracks the movement of the property's value, values in the property's ZIP Code area, and values in the property's MSA over time due to market conditions.

    Note: The property index does NOT represent the value of the subject home but instead represents the relative value of the home compared to other points in time.

     
    Property Changes
     
    ZIP Code Changes
     
    Metro Changes

    ValPro - Property Value and Comps

    Use interactive ValPro to create your own comps to:
    • understand value of your property and comp properties
    • select and save multiple comps
    • see features that improve or lower value
    • map distance to your property
    • pull maps at street, neighborhood and satellite levels
    • compare Similarity Scores

    Properties in color below indicate comps selected.
    - Click on a black circle below to add it as a selected comp.
    - Click on a colored circle below to remove it as a selected comp.

    The confidence score listed below will range between 50 and 100. This calculation is based on how similar the selected comps are to the subject property. The higher the score, the higher the confidence in the estimated valuation.

    ZIP Market Segments Analysis

    The homes within this ZIP Code have been sorted into four tiers based on the attribute displayed on the selected tab. For example, if the Value tab is selected, the homes are sorted into a low-end tier, a mid-low-end tier, a mid-high-end tier, and a high-end tier. Each tier features a quarter of the homes located within the ZIP Code.



    Tier 1
    1,006 Sq Ft and less
    Tier 2
    1,006 - 1,260 Sq Ft
    Tier 3
    1,260 - 1,603 Sq Ft
    Tier 4
    1,603 Sq Ft and greater


    Tier Comparison By Value Tier

    The bar chart below compares the average percentage change in value over the last year and the average forecast percentage change in value for the coming year for the four different comparison tiers.

     
     
    Last Year Change
     
    Forecast
     

    Last Year 1-Year Forecast % Rising
    Tier 1 + 11.27% + 9.86% +100.00%
    Tier 2 + 11.29% + 9.84% +100.00%
    Tier 3 + 11.45% + 9.86% +100.00%
    Tier 4 + 11.95% + 9.87% +100.00%

    Percentage Of Homes Rising By Value Tier

    The below pie charts compare the percentage of Homes Rising (defined as the percent of homes with value appreciating at a rate faster than 1.5% per year during the most recent month) within the four different tiers of homes.

    Fix and Flip

    Estimated Value Analysis Using Comparable Flipped Properties

    This tool estimates the post-repair value for the subject property based on an analysis of properties with similar characteristics that have been recently been bought, repaired and re-sold.

    Square Footage Bedrooms Bathrooms Lot Size Year Built After Repair Value
    Median of Fixed & Sold Comps 1,291 3 2 9,074 Sq Ft 1955 $139,000
    504 LINCOLN AVE ROCKFORD IL 61102 1,548 4 2 16,117 Sq Ft 1995
    Difference Bigger More Bedrooms Same amount of Bathrooms Bigger Lot Newer
    Estimated Value using Flips $107,000


    Comparables

    Comps Used Distance Bedrooms Baths Square Footage Lot Size Year Built First Sale Date First Sale Value Second Sale Date Second Sale Value Valuation
    712 E DOGWOOD DR BELOIT WI 53511 8 miles 3 1 1,080 Sq Ft 10,629 Sq Ft 1958 7/31/2020 $160,000 7/16/2021 $190,000 $203,000
    3918 PINECREST RD ROCKFORD IL 61107 7.7 miles 3 1 912 Sq Ft 10,454 Sq Ft 1954 2/28/2020 $ 98,000 12/1/2020 $102,000 $113,000
    595 E AZALEA TER BELOIT WI 53511 7.7 miles 2 1 1,590 Sq Ft 21,693 Sq Ft 1995 7/26/2021 $170,000 1/31/2022 $245,000 $264,000
    3817 TENNESSEE DR ROCKFORD IL 61108 7.7 miles 3 2 1,074 Sq Ft 10,454 Sq Ft 1963 3/3/2021 $ 58,500 5/19/2021 $115,000 $119,000
    3715 OKLAHOMA DR ROCKFORD IL 61108 7.5 miles 3 3 1,421 Sq Ft 8,712 Sq Ft 1961 5/28/2021 $130,000 10/4/2021 $133,000 $145,000
    1505 RONCEVALLES AVE ROCKFORD IL 61107 6.8 miles 2 2 1,270 Sq Ft 7,405 Sq Ft 1954 9/7/2021 $ 52,500 4/4/2022 $118,000 $115,000
    175 OLD MEADOW LN ROCKTON IL 61072 6.8 miles 3 2 1,302 Sq Ft 12,197 Sq Ft 1996 6/10/2021 $235,000 7/20/2021 $235,000 $258,000
    1814 OHIO PKWY ROCKFORD IL 61108 6.7 miles 3 2 1,346 Sq Ft 9,583 Sq Ft 1949 3/19/2021 $ 45,000 5/12/2021 $109,000 $116,000
    421 WARREN AVE ROCKFORD IL 61107 6.7 miles 3 2 1,301 Sq Ft 15,682 Sq Ft 1961 4/12/2021 $132,000 5/13/2021 $132,000 $166,000
    1011 STRATFORD AVE ROCKFORD IL 61107 6.7 miles 2 1 840 Sq Ft 9,148 Sq Ft 1957 5/21/2021 $ 44,000 10/22/2021 $110,000 $ 96,000
    109 WOODLOCH FOREST DR ROCKTON IL 61072 6.5 miles 3 2 1,463 Sq Ft 12,197 Sq Ft 1995 12/1/2020 $195,000 1/6/2021 $190,000 $246,000
    3564 DALLAS RD ROCKFORD IL 61109 6.4 miles 4 4 3,173 Sq Ft 16,553 Sq Ft 1992 12/7/2020 $ 71,000 3/31/2021 $195,000 $362,000
    725 KENWOOD AVE BELOIT WI 53511 6.3 miles 3 1 1,125 Sq Ft 7,449 Sq Ft 1940 7/19/2021 $142,000 4/28/2022 $142,000 $144,000
    1 1/2 STORY FINISHED BELOIT WI 53511 6.3 miles 2 1 856 Sq Ft 6,665 Sq Ft 1941 6/18/2021 $ 55,000 7/28/2021 $125,000 $118,000
    1 1/2 STORY FINISHED BELOIT WI 53511 6.3 miles 4 2 1,661 Sq Ft 6,229 Sq Ft 1924 1/5/2021 $ 75,000 11/1/2021 $159,900 $103,000
    1 1/2 STORY FINISHED ONE STORY BELOIT WI 53511 6.3 miles 4 2 1,575 Sq Ft 9,757 Sq Ft 1928 11/6/2020 $141,000 9/28/2021 $160,000 $172,000
    1 1/2 STORY FINISHED BELOIT WI 53511 6.3 miles 4 1 884 Sq Ft 6,621 Sq Ft 1953 12/14/2021 $ 84,400 3/29/2022 $185,000 $137,000
    425 FOX RUN SOUTH BELOIT IL 61080 6.3 miles 3 2 1,327 Sq Ft 10,890 Sq Ft 1995 9/22/2020 $162,500 2/17/2021 $162,000 $204,000
    943 GRAND AVE LOVES PARK IL 61111 6.3 miles 2 1 876 Sq Ft 8,276 Sq Ft 1969 7/1/2021 $ 45,000 3/15/2022 $125,500 $101,000
    1516 LUNDVALL AVE ROCKFORD IL 61107 6.2 miles 3 2 1,710 Sq Ft 10,890 Sq Ft 1955 3/8/2021 $112,000 5/12/2021 $160,000 $174,000
    927 10TH ST BELOIT WI 53511 6.2 miles 2 1 1,135 Sq Ft 6,578 Sq Ft 1910 11/15/2019 $ 43,500 10/13/2020 $119,000 $116,000
    820 SHERIDAN DR LOVES PARK IL 61111 6.1 miles 3 1 1,418 Sq Ft 8,276 Sq Ft 1954 5/25/2021 $117,000 4/7/2022 $120,000 $119,000
    821 GREEN MEADOW AVE ROCKFORD IL 61107 6.1 miles 3 2 1,347 Sq Ft 10,890 Sq Ft 1950 8/6/2020 $135,000 5/14/2021 $142,000 $150,000
    215 VALE AVE S ROCKFORD IL 61108 6 miles 3 2 988 Sq Ft 7,841 Sq Ft 1956 10/27/2021 $100,000 2/25/2022 $118,000 $117,000
    2707 BURRMONT RD ROCKFORD IL 61107 5.9 miles 3 3 1,125 Sq Ft 8,276 Sq Ft 1955 11/16/2020 $ 75,000 3/30/2021 $135,000 $146,000
    144 SAFE LANDING DR MACHESNEY PARK IL 61115 5.3 miles 3 8 1,281 Sq Ft 6,970 Sq Ft 1998 11/19/2021 $148,000 3/29/2022 $245,000 $161,000
    1419 GRANT ST BELOIT WI 53511 5.3 miles 3 1 910 Sq Ft 8,712 Sq Ft 1960 11/19/2020 $ 51,200 3/22/2021 $142,500 $119,000
    1514 MERRILL AVE BELOIT WI 53511 5.3 miles 2 1 720 Sq Ft 6,839 Sq Ft 1928 3/5/2020 $ 58,000 10/7/2020 $119,000 $108,000
    416 RIVER PARK RD LOVES PARK IL 61111 5 miles 3 1 1,446 Sq Ft 7,841 Sq Ft 1920 3/24/2022 $ 75,000 5/4/2022 $125,000 $116,000
    601 SAINT LOUIS AVE ROCKFORD IL 61104 5 miles 2 1 1,004 Sq Ft 7,405 Sq Ft 1951 5/4/2021 $ 40,000 8/9/2021 $ 94,000 $ 83,000
    1747 TOWNLINE AVE BELOIT WI 53511 4.9 miles 3 2 988 Sq Ft 7,144 Sq Ft 1960 3/31/2020 $ 55,000 9/4/2020 $165,000 $158,000
    122 TOWNLINE AVE BELOIT WI 53511 4.8 miles 2 1 1,082 Sq Ft 12,632 Sq Ft 1953 1/17/2020 $ 35,000 9/3/2020 $115,000 $129,000
    14704 E IL ROUTE 72 DAVIS JUNCTION IL 61020 4.6 miles 0 0 960 Sq Ft 98,357 Sq Ft 0 10/30/2020 $215,000 9/14/2021 $230,000 $138,000
    2023 S IL ROUTE 251 ROCHELLE IL 61068 4.5 miles 3 2 2,226 Sq Ft 87,120 Sq Ft 1950 7/23/2021 $127,000 9/17/2021 $170,000 $198,000
    54 MARQUETTE RD MACHESNEY PARK IL 61115 4.3 miles 3 2 1,052 Sq Ft 9,000 Sq Ft 1961 4/30/2021 $ 44,000 4/11/2022 $100,000 $ 76,000
    2502 WHITMIRE DR ROCKFORD IL 61109 4.2 miles 4 3 1,256 Sq Ft 52,272 Sq Ft 2004 3/19/2021 $ 82,000 9/27/2021 $192,500 $184,000
    2126 OXFORD ST ROCKFORD IL 61103 4.1 miles 3 3 1,614 Sq Ft 6,534 Sq Ft 1900 10/19/2020 $159,000 8/12/2021 $159,000 $152,000
    2105 MELROSE ST ROCKFORD IL 61103 3.9 miles 3 1 1,320 Sq Ft 6,534 Sq Ft 1915 11/19/2021 $ 86,500 1/10/2022 $125,000 $101,000
    1536 MARBERLY DR ROCKFORD IL 61103 3.9 miles 2 1 1,425 Sq Ft 24,394 Sq Ft 1960 6/25/2021 $145,000 10/20/2021 $144,000 $155,000
    3550 W BASS CREEK RD BELOIT WI 53511 3.8 miles 3 1 992 Sq Ft 8,276 Sq Ft 1947 5/3/2021 $150,000 3/7/2022 $162,500 $163,000
    156 E RUSSELL ST ROCKTON IL 61072 3.8 miles 4 2 1,074 Sq Ft 29,185 Sq Ft 1938 3/8/2021 $110,000 9/13/2021 $115,000 $183,000
    125 LEXINGTON AVE ROCKFORD IL 61102 3.7 miles 3 2 1,536 Sq Ft 15,682 Sq Ft 2009 4/19/2021 $ 50,500 8/5/2021 $125,000 $116,000
    111 COUNTRYSIDE DR ROCKTON IL 61072 3.6 miles 3 4 1,418 Sq Ft 16,553 Sq Ft 1991 5/13/2021 $141,500 7/13/2021 $215,000 $196,000
    921 4TH AVE ROCHELLE IL 61068 3.6 miles 4 3 2,481 Sq Ft 13,068 Sq Ft 1920 4/28/2021 $117,500 6/14/2021 $173,000 $195,000
    1101 GARFIELD DR ROCHELLE IL 61068 3.4 miles 0 0 1,023 Sq Ft 7,508 Sq Ft 1969 1/24/2022 $ 60,000 5/9/2022 $140,000 $106,000
    1204 WESTVIEW DR ROCHELLE IL 61068 3.2 miles 0 0 1,200 Sq Ft 7,175 Sq Ft 1958 9/22/2020 $ 75,000 2/25/2021 $125,000 $130,000
    2121 VAN WIE AVE ROCKFORD IL 61103 1.4 miles 3 2 1,358 Sq Ft 12,197 Sq Ft 1955 2/7/2020 $ 37,500 10/8/2020 $ 99,500 $103,000
    1518 CARNEY AVE ROCKFORD IL 61103 1.3 miles 4 2 1,823 Sq Ft 5,663 Sq Ft 1930 8/26/2021 $ 42,000 2/28/2022 $138,000 $ 84,000
    2226 CUSTER AVE ROCKFORD IL 61103 1.2 miles 3 1 1,405 Sq Ft 6,970 Sq Ft 1943 12/13/2021 $ 78,000 5/2/2022 $ 92,500 $ 88,000

    This Property Was Sold

    This property was sold on Aug 22, 2022, 03:16 PM for

    $51,000 by GP305721
    Reserve not met Bid History

    Fees

    Fee type Fee amount
    Bid Deposit $250 (More Details)
    Buyer Agent Fee 2.75% or $1000 minimum minus $150 technology fee (Seller Pays at Closing)
    Transaction Fee 5% of Final Bid Price or $2,500 Minimum (Buyer Pays at Closing)
    Deposit 5% or $2,000 whichever is greater.

    Bidding Questions?

    RealtyBid Customer Service (877) 518-5700

    Listing Agent

    Jeff Robertson Keller Williams Realty Signature (815) 501-6623
    Important: All data on this page and other property pages is provided for informational purposes only. It is each potential buyer’s responsibility to perform their own due diligence prior to placing a bid on a property.

    AL broker license number 000126203-0