Taxes
- Assessed Value: $91,965
- Assessed Year: 2025
- Assessed County: Winnebago
- APN: 1629100003
- Assessed Land Value: 13516
- Market Land Value: 40548
- Tax Amount: 5946.38
- Tax Year: 2025
- Market Value: 275895
- Market Year: 2025
7116 Faust Ln; Rockford, IL Property Details
Off market
7116 Faust Ln Rockford, IL 61109
$250,000 Listing Price
3 Beds
1.5 Baths
4,632 SqFt
Property Type
Farm Land Property Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1965
- Purchase Price: $300,000
- Open Loans / Balance: 1 / $253,027
- Est. Equity / %: $176,973 / 41.16%
- APN: 1629100003
- Situs County: Winnebago
- Length Of Ownership: 6 years
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 7
- Partial Bathrooms: 1
Structure
- Building Style: Brick
- Floor Cover Type: Carpet
- Stories: 1
- Exterior Wall Type: Brick
- Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Other
- Sewer Type: Septic
- Water Source: Well
Measurements
- Total: 4,632/SqFt
- Lot: 1,001,880/SqFt
- Gross: 4,632/SqFt
- Garage: 572/SqFt
- Living: 2,030/SqFt
- Basement: 2,030/SqFt
- Building: 4,632/SqFt
- Ground: 2,030/SqFt
- Price Per Square Foot: $64.77
Legal Description
- Description: ( EXC N 6.5A) ALL W1/2 NW1/4 NW1/4 & (EXC E 33 FT) S1/2 N1/2 E1/2 W1/2 NW1/4 SEC SEC: 29 TWP: 43 RANGE: 2 ACRES:23
Building Insights
Land Information
- Property Type: Farm land
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Rockford School District 205
- Lat / Lon: 42.177303 / -89.03658
- Property Class: Agricultiral
- Zoning: AG
- County Use Code: 21
Amenities
- Plus Four: 5036
- Bathroom Fixtures: 8
- Cooling: Central
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Yes
- Parking: 1
Ownership Info
7116 Faust Ln has no associated ownership info
7116 Faust Ln has no associated ownership info.
Taxes
7116 Faust Ln has 10 associated Taxes items
7116 Faust Ln, 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 $91,965. The APN we've located for 7116 Faust Ln is 1629100003.
Unlock the full reportTax History
7116 Faust Ln has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $91,965 | Land Value $13,516 | Improvement Value $78,449 | Tax Amount $5,946.38 | Change Rate +0.043521% | Assessed CR | Tax Rate +0.064659% |
| Year 2024 | Assessed Value $82,521 | Land Value $12,119 | Improvement Value $70,402 | Tax Amount $5,698.38 | Change Rate +0.071624% | Assessed CR | Tax Rate +0.069054% |
| Year 2023 | Assessed Value $72,808 | Land Value $10,731 | Improvement Value $62,077 | Tax Amount $5,317.52 | Change Rate +0.032612% | Assessed CR | Tax Rate +0.073035% |
| Year 2022 | Assessed Value $65,054 | Land Value $9,570 | Improvement Value $55,484 | Tax Amount $5,149.58 | Change Rate +0.030423% | Assessed CR | Tax Rate +0.079159% |
| Year 2021 | Assessed Value $59,548 | Land Value $8,673 | Improvement Value $50,875 | Tax Amount $4,997.54 | Change Rate +0.151104% | Assessed CR | Tax Rate +0.083925% |
| Year 2020 | Assessed Value $56,094 | Land Value $7,999 | Improvement Value $48,095 | Tax Amount $4,341.52 | Change Rate +0.027467% | Assessed CR | Tax Rate +0.077397% |
| Year 2019 | Assessed Value $53,258 | Land Value $7,418 | Improvement Value $45,840 | Tax Amount $4,225.46 | Change Rate +0.046351% | Assessed CR | Tax Rate +0.079339% |
| Year 2018 | Assessed Value $50,024 | Land Value $6,823 | Improvement Value $43,201 | Tax Amount $4,038.28 | Change Rate +0.026283% | Assessed CR | Tax Rate +0.080727% |
| Year 2017 | Assessed Value $47,700 | Land Value $6,355 | Improvement Value $41,345 | Tax Amount $3,934.86 | Change Rate +0.992102% | Assessed CR | Tax Rate +0.082492% |
| Year 2016 | Assessed Value $46,588 | Land Value $6,018 | Improvement Value $40,570 | Tax Amount $1,975.23 | Change Rate -0.504637% | Assessed CR | Tax Rate +0.042398% |
| Year 2015 | Assessed Value $46,354 | Land Value $5,784 | Improvement Value $40,570 | Tax Amount $3,987.44 | Change Rate +0.018709% | Assessed CR | Tax Rate +0.086021% |
| Year 2014 | Assessed Value $48,810 | Land Value $6,730 | Improvement Value $42,080 | Tax Amount $3,914.21 | Change Rate +0.200023% | Assessed CR | Tax Rate +0.080193% |
| Year 2013 | Assessed Value | Land Value | Improvement Value | Tax Amount $3,261.78 | Change Rate | Assessed CR | Tax Rate |