NOT LISTED FOR SALE

1005 40th St Moline, IL 61265

Estimated Value: $106,000 - $133,000

12 Beds
4 Baths
936 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $320,000 $342 Per Sq Ft

Current estimated payment $880/month

10 Days on Market

About This Home

As of March 2016

GREAT INVESTMENT OPPORTUNITY! Package deal!! Five (3) bedroom molettes all rented with leases and in good condition. Properties have lots of updates, (4) properties have A/C, all properties have garages, and appliances (stove, refrigerator). 2 have stack washer/dryers. *Additional addresses: 902-39th St Ct Moline; 3813-11th Ave Moline; 3824-10th Ave Ct Moline; 1118-40th St Moline. Additional parcels: 6494; 6491; 6381; 8480.

Last Agent to Sell the Property

Diane Godwin-Luckey

RE/MAX Concepts Moline License #475.136001/S38270000 Listed on: 01/26/2016

RE/MAX Concepts Moline

Last Buyer's Agent

Pamela Wendt

Ruhl&Ruhl REALTORS Moline License #475.130411/S21870000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,085

Year Built

  • Built in 1948

Lot Details

  • 7,405

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property

Schools

  • Moline Elementary School
  • Moline High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,085

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story
  • Legal Description: Lot 171 Molette Add Parcel 2 40th St
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Price Per Sq Ft: 341.88
  • Total Sq Ft: 936

Exterior Features

  • Exterior: Vinyl Siding

Garage/Parking

  • Number Parking Spaces: 7

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air

Schools

  • Elementary School: Moline
  • Middle School: Moline
  • High School: Moline
  • Elementary School: Moline
  • High School: Moline

Lot Info

  • Estimated Lot Size: 6,414 sqft
  • Lot Description: Level
  • Subdivision: Molette
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 52200
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 10084.76
  • Parcel Id Number Tax Id: 076408
  • Tax Year: 2014

Multi Family

  • Total Number Units: 5
  • Total Number Central Air Units: 5
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 5
  • Total Number Heating Units: 5
  • Total Number Water Heaters: 5
  • Total Number Water Meters: 5

MLS Schools

  • Middle School: Moline

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2016 03/04/16 Sold $320,000 -5.9% $342 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $340,000 +444.0% $363 / Sq Ft
09/24/2013 09/24/13 Sold $62,500 0.0% $67 / Sq Ft View Prior Sale
09/24/2013 09/24/13 Pending -- -- --
09/24/2013 09/24/13 For Sale $62,500 -- $67 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,088 $35,403 $8,106 $27,297
2023 $3,088 $32,599 $7,464 $25,135
2022 $2,896 $29,234 $7,001 $22,233
2021 $2,615 $27,948 $6,693 $21,255
2020 $2,601 $27,481 $6,581 $20,900
2019 $2,579 $27,048 $6,477 $20,571
2018 $2,250 $23,861 $6,380 $17,481
2017 $2,212 $23,486 $6,280 $17,206
2016 $2,156 $22,757 $6,085 $16,672
2015 $2,107 $22,241 $5,947 $16,294
2014 $381 $22,463 $6,006 $16,457
2013 $381 $22,463 $6,006 $16,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4168732

RMLS Alliance

APN: 08-34-318-035