NOT LISTED FOR SALE

1011 Bridge Ave Davenport, IA 52803

East End Neighborhood
5 Beds
4 Baths
9,224 Sq Ft
1933 Built

Last Sold February 22, 2013

Last sale price $585,000 $63 Per Sq Ft

151 Days on Market

About This Home

As of February 2013

Awesome all brick, 16 units, two identical buildings. Completely renovated in the 90's, 8 units per building, fully rented. River view from some of the units. Also includes 1212 East 10th St Building. These units show great, located in the historical area of Dav. Other units rents between $600-750 per month. Taxes to be reduced.

Last Agent to Sell the Property

Rick Weipert

RE/MAX River Cities License #S37109000/475.136755 Listed on: 08/17/2012

Co-Listed By

Malinda Kelley

Real Broker, LLC - Bettendorf License #S56739000

Last Buyer's Agent

Deb Staats

RE/MAX Concepts Bettendorf License #S55869000

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Schools

  • Davenport Elementary School
  • Davenport High School

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: Fultons Adn to E. Dav.
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Finished, Full
  • Price Per Sq Ft: 63.42
  • Total Sq Ft: 9224

Exterior Features

  • Exterior: Brick
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Tar & Gravel

Garage/Parking

  • Number Parking Spaces: 16

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Garbage Collection Exp: 1512

Schools

  • Elementary School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 25600
  • Lot Description: Corner, Terraced
  • Subdivision: Fulton
  • Geo Subdivision: IA

Rental Info

  • Manager On Site: Yes
  • Gross Annual Rent Income: 115000
  • Management Expense: 7200
  • Manager Unit Number: 3

Tax Info

  • Annual Taxes: 25740
  • Parcel Id Number Tax Id: F0038-08
  • Tax Year: 2011

Multi Family

  • Total Number Units: 16
  • Gross Annual Income: 119800
  • Total Number Central Air Units: 16
  • Total Number Electric Meters: 16
  • Total Number Gas Meters: 16
  • Total Number Heating Units: 16
  • Total Number Water Heaters: 16
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Davenport

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
02/22/2013 02/22/13 Sold $585,000 -16.4% $63 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
08/17/2012 08/17/12 For Sale $699,900 -- $76 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rick Weipert

    RE/MAX

  • M

    Seller Co-Listing Agent in 2013

    Malinda Kelley

    Real Broker, LLC - Bettendorf

    Malinda Kelley
    Section Image
  • Deb Staats

    Buyer's Agent in 2013

    Deb Staats

    RE/MAX

    (563) 340-3633

    5 in this area

    62 Total Sales

    Deb Staats
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAQC4136837

RMLS Alliance
Iowa Scott County Davenport 52803 East End

1011 Bridge Ave, Davenport, IA

Not Listed for Sale

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