507 Rome Ave
Rockford, IL 61107
3 bd 2 ba 1,520 sqft Built 1930 Lot 7,906 sqft single_family
Most recent sale
$120,000
Mar 7, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 5, 2024 | Sold | $154,900 | MRED |
| May 23, 2024 | Listed | $154,900 | MRED |
| Mar 8, 2023 | Listing removed | — | NorthWestILAlliance |
| Mar 7, 2023 | Sold | $120,000 | MRED |
| Jan 28, 2023 | Price changed | $119,900 | MRED |
| Dec 21, 2022 | Listed | $129,900 | MRED |
| Dec 21, 2022 | Relisted | $129,900 | NorthWestILAlliance |
| Dec 9, 2022 | Listing removed | $129,900 | MRED |
| Oct 18, 2022 | Price changed | $129,900 | MRED |
| Oct 5, 2022 | Listed | $139,900 | MRED |
| Nov 30, 2004 | Sold | $102,000 | Public Record |
| Apr 14, 2004 | Sold | $54,000 | Public Record |
| Jul 28, 1999 | Sold | $77,500 | Public Record |
| Oct 23, 1991 | Sold | $43,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $43,402 | $6,562 | $49,964 | $4,411 |
| 2023 | $38,950 | $5,889 | $44,839 | $4,105 |
| 2022 | $30,697 | $4,642 | $35,339 | $4,037 |
| 2021 | $28,147 | $4,256 | $32,403 | $3,236 |
| 2020 | $26,609 | $4,023 | $30,632 | $3,167 |
| 2019 | $25,361 | $3,834 | $29,195 | $3,107 |
| 2018 | $25,270 | $3,613 | $28,883 | $3,265 |
| 2017 | $24,184 | $3,458 | $27,642 | $3,210 |
| 2016 | $23,731 | $3,393 | $27,124 | $3,190 |
| 2015 | $23,731 | $3,393 | $27,124 | $3,231 |
| 2014 | $24,700 | $4,251 | $28,951 | $3,438 |
| 2013 | $26,240 | $4,516 | $30,756 | $3,466 |
| 2012 | $27,829 | $4,790 | $32,619 | $3,434 |
| 2011 | $29,328 | $5,048 | $34,376 | $3,527 |
| 2010 | $30,868 | $5,313 | $36,181 | $3,417 |
| 2008 | $33,661 | $5,227 | $38,888 | $3,490 |
| 2007 | $32,128 | $4,989 | $37,117 | $3,302 |
| 2006 | $28,712 | $4,625 | $33,337 | $2,967 |
Property facts
Year built
1930
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,520 sqft
Lot size
7,906 sqft
ZIP code
61107
City
Rockford
Street
Rome Ave
Coordinates
42.27185, -89.05932
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Rome Ave last sell?
507 Rome Ave most recently sold on Mar 7, 2023 for $120,000.
What is the current tax assessment for 507 Rome Ave?
The most recent total assessment for 507 Rome Ave (year 2025) is $49,964 with $4,411 in property tax.
How does 507 Rome Ave's assessment compare to its last sale price?
The current assessment is 58.4% below the last sale price of $120,000.
When was 507 Rome Ave built?
507 Rome Ave was built in 1930.
How does 507 Rome Ave compare to others on Rome Ave?
We track 8 other properties on Rome Ave. Browse the list under "Other properties on Rome Ave" to compare beds, baths, and sale history.
What are the property facts for 507 Rome Ave?
507 Rome Ave is a 3 bed, 2 bath, 1,520 sqft, 7,906 sqft lot single_family.
Is 507 Rome Ave a flip candidate?
Yes — 507 Rome Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 Rome Ave a tax-appeal candidate?
No — 507 Rome Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.2%
Implied 1-yr
+12.8%
2026 Q3
$293.2K
2026 Q4
$301K
ZIP 61107 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rome Ave