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1516 Gorham Pl; Rockford, IL Property Details

1516 Gorham Pl, Rockford, IL is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 1516 Gorham Pl has 3 bedrooms, and 1 bathroom, and a total of 1,402 square feet. The lot size of 1516 Gorham Pl is 10,454 square feet.

Off market
1516 Gorham Pl Rockford, IL 61107
$97,000 Listing Price
3 Beds
1 Baths
1,402 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $97,000
  • Open Loans / Balance: 2 / $88,331
  • Est. Equity / %: $78,669 / 47.11%
  • Gross Yield: 18.618%
  • APN: 1217355001
  • Situs County: Winnebago
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,402/SqFt
  • Lot: 10,454/SqFt
  • Gross: 1,968/SqFt
  • Garage: 480/SqFt
  • Living: 1,402/SqFt
  • Basement: 984/SqFt
  • Building: 1,968/SqFt
  • Ground: 984/SqFt
  • Basement Finished: 418/SqFt
  • Basement Unfinished: 566/SqFt
  • Price Per Square Foot: $69.19

Legal Description

  • Description: BURRS WOODS SUBD PT SE 1/4 SEC 18 + PTSW 1/4 SEC 17-44-2 N 20 FT LOT 17 + ALL LOT 018 BLOCK 014
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rockford School District 205
  • Lat / Lon: 42.283474 / -89.03838
  • Subdivision: Burrs Woods Subd
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 31

Amenities

  • Plus Four: 2159
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

1516 Gorham Pl has no associated ownership info
1516 Gorham Pl has no associated ownership info.

Taxes

1516 Gorham Pl has 10 associated Taxes items

1516 Gorham Pl, Rockford, IL pays taxes in Winnebago County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $51,048. The APN we've located for 1516 Gorham Pl is 1217355001.

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Taxes
  • Assessed Value:  $51,048
  • Assessed Year:  2025
  • Assessed County:  Winnebago
  • APN:  1217355001
  • Assessed Land Value:  7484
  • Market Land Value:  22452
  • Tax Amount:  3977.3
  • Tax Year:  2025
  • Market Value:  153144
  • Market Year:  2025

Tax History

1516 Gorham Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $51,048 Land Value $7,484 Improvement Value $43,564 Tax Amount $3,977.3 Change Rate +0.054243% Assessed CR Tax Rate +0.077913%
Year 2024 Assessed Value $45,811 Land Value $6,716 Improvement Value $39,095 Tax Amount $3,772.66 Change Rate +0.056389% Assessed CR Tax Rate +0.082353%
Year 2023 Assessed Value $40,394 Land Value $5,922 Improvement Value $34,472 Tax Amount $3,571.28 Change Rate +0.038284% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $36,105 Land Value $5,293 Improvement Value $30,812 Tax Amount $3,439.6 Change Rate +0.035375% Assessed CR Tax Rate +0.095267%
Year 2021 Assessed Value $33,105 Land Value $4,853 Improvement Value $28,252 Tax Amount $3,322.08 Change Rate +0.021343% Assessed CR Tax Rate +0.10035%
Year 2020 Assessed Value $31,296 Land Value $4,588 Improvement Value $26,708 Tax Amount $3,252.66 Change Rate +0.018908% Assessed CR Tax Rate +0.103932%
Year 2019 Assessed Value $29,829 Land Value $4,373 Improvement Value $25,456 Tax Amount $3,192.3 Change Rate +0.01733% Assessed CR Tax Rate +0.10702%
Year 2018 Assessed Value $28,112 Land Value $4,122 Improvement Value $23,990 Tax Amount $3,137.92 Change Rate +0.011782% Assessed CR Tax Rate +0.111622%
Year 2017 Assessed Value $26,904 Land Value $3,945 Improvement Value $22,959 Tax Amount $3,101.38 Change Rate +0.006419% Assessed CR Tax Rate +0.115276%
Year 2016 Assessed Value $26,400 Land Value $3,871 Improvement Value $22,529 Tax Amount $3,081.6 Change Rate -0.012453% Assessed CR Tax Rate +0.116727%
Year 2015 Assessed Value $26,400 Land Value $3,871 Improvement Value $22,529 Tax Amount $3,120.46 Change Rate Assessed CR Tax Rate +0.118199%
Year 2014 Assessed Value $28,302 Land Value $4,834 Improvement Value $23,468 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $4,209.94 Change Rate Assessed CR Tax Rate