NOT LISTED FOR SALE

1011 E Locust St Davenport, IA 52803

East End Neighborhood

Estimated Value: $154,000 - $170,000

4 Beds
3 Baths
2,299 Sq Ft
$71/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $142,000 $62 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,176/month

6 Days on Market

About This Home

As of January 2024

Don't miss this opportunity to start or grow your rental portfolio. Check out TRIPLEX in a convenient location. Located near parks and easy shopping for necessities. All 3 of the units are of a good size, and each apartment is equipped with laundry hook ups. There is plenty of parking available for the entire triplex. Property comes with all updated utilities throughout. This building is rent ready and waiting for the new owner to place tenants and start making passive income.

Last Agent to Sell the Property

Kyle Condon

Epique Realty Brokerage Phone: 563-441-1776 License #S66618000/475.185606 Listed on: 12/05/2023

Last Buyer's Agent

Abby Meeks

KW 1Advantage License #S66662000/475.203187

KW 1Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,609

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75'x145'
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,299 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Davenport High School

Utilities

  • Heating System Uses Gas

Community Details

  • Fulton Plat North Davenport Subdivision

Listing and Financial Details

  • Assessor Parcel Number F0005-05

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,609

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1900
  • New Construction: No
  • Structure Type: Triplex
  • PricePerSqFt: 61.77
  • Age55PlusDevelopment: No
  • Attribution Contact: Customer: 563-441-1776
  • Special Features: None

Interior Features

  • Basement: Full

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Wood Siding
  • Roof: Composition
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 3

Utilities

  • Heating: Gas, Central Air
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 3
  • NumberOfHeatingUnits: 3
  • NumberOfCentralAirUnits: 3
  • NumberOfGasMeters: 3
  • NumberOfElectricMeters: 3
  • NumberofWaterMeters: 1
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size: 75'x145'
  • Additional Parcels Description: F03017
  • Parcel #: F0005-05

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2506
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24000
  • Annual Operating Expense: 2880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Dec 28, 2023
Sold by
Ready Set Go Investing Llc
Bought by
Shipman Andrew Ford
Seller's Agent
Kyle Condon
Epique Realty
Buyer's Agent
Abby Meeks
KW 1Advantage
List Price
$130,000
Sold Price
$142,000
Premium/Discount to List
$12,000
9.23%
Views
25
Current Estimated Value
$158,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,475
Avg. Annual Appreciation
8.19%
Original Mortgage
$127,800
Outstanding Balance
$125,944
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$34,980

Purchase Details

Closed on
Oct 4, 2019
Sold by
Future Capital Llc
Bought by
Investing Ready Set Go
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Shipman Andrew Ford $150,000 None Listed On Document
Investing Ready Set Go -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipman Andrew Ford $127,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $142,000 +9.2% $62 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $130,000 -- $57 / 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 $3,609 $158,130 $22,890 $135,240
2023 $3,058 $158,130 $22,890 $135,240
2022 $2,000 $117,320 $22,890 $94,430
2021 $2,000 $79,100 $22,890 $56,210
2020 $2,931 $80,700 $22,890 $57,810
2019 $3,244 $75,930 $22,890 $53,040
2018 $3,764 $75,930 $22,890 $53,040
2017 $3,760 $75,930 $22,890 $53,040
2016 $3,803 $73,000 $0 $0
2015 $2,478 $73,000 $0 $0
2014 $2,618 $73,000 $0 $0
2013 $2,782 $0 $0 $0
2012 -- $73,000 $24,100 $48,900
Source: Public Records

Agents Affiliated with this Home

  • Kyle Condon

    Seller's Agent in 2024

    Kyle Condon

    Epique Realty

    (563) 441-5128

    9 in this area

    56 Total Sales

    Section Image
  • Abby Meeks

    Buyer's Agent in 2024

    Abby Meeks

    KW 1Advantage

    (563) 271-7492

    10 in this area

    139 Total Sales

    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4248667

RMLS Alliance

APN: F0005-05

Iowa Scott County Davenport 52803 East End

1011 E Locust St, Davenport, IA

This home is located at 1011 E Locust St, Davenport, IA 52803 since 05 December 2023 and is currently estimated at $162,493, approximately $70 per square foot. This property was built in 1900. 1011 E Locust St is a home located in Scott County with nearby schools including Sudlow Intermediate School, Central High School, and St. Paul the Apostle Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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