NOT LISTED FOR SALE

1021 11th St Silvis, IL 61282

Estimated Value: $161,000 - $186,000

6 Beds
2 Baths
2,156 Sq Ft
$82/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $139,000 $64 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,291/month

8 Days on Market

About This Home

As of July 2021

What a great investment opportunity! Get double the units of a single family home, and double the income in the side-by-side DUPLEX! Each unit has 3 BEDROOMS, a full bathroom, LAUNDRY hook-ups, ample parking in back, and a COVERED patio area, making it a very desirable property for renters. Per the owner: New Boilers in 2016, and new roof in 2011. Tenants pay all utilities. Units are 1021 and 1023 11th St. Silvis, IL.

Last Agent to Sell the Property

Dani Petre

Milltown Realty, LLC License #475.185230/S67671000 Listed on: 06/08/2021

Last Buyer's Agent

Kathy Massa

Mel Foster Co. Moline License #475.127551/S35146000

Mel Foster Co. Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,237

Year Built

  • Built in 1964

Lot Details

  • 10,019

Home Design

  • Duplex

Schools

  • United Township High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,237

Year Built

Built in 1964

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Lot 35 Block 2 Silvis Hghts 2nd Adds
  • Lvt Date: 06/08/2021
  • Year Built: 1964
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Price Per Sq Ft: 64.47
  • Total Sq Ft: 2156

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Guest Parking, On-Street Parking, Assigned
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Hot Water, No Cooling
  • Water Sewer: Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • High School: United Township

Lot Info

  • Estimated Lot Size: 162 x 61
  • Lot Description: Level
  • Subdivision: Silvis Heights
  • Additional Assessor Parcel Numbers: 18-05-108-006
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 19200
  • Management Expense: 1920

Tax Info

  • Annual Taxes: 4236.96
  • Parcel Id Number Tax Id: 06-6050
  • Tax Year: 2018

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 38400
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 29, 2021
Sold by
Koren Horsey
Bought by
K & S Rentals Llc
Seller's Agent
Dani Petre
Milltown Realty, LLC
Buyer's Agent
Kathy Massa
Mel Foster Co. Moline
List Price
$140,000
Sold Price
$139,000
Premium/Discount to List
-$1,000
-0.71%
Current Estimated Value
$175,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,719
Avg. Annual Appreciation
5.20%
Original Mortgage
$104,000
Outstanding Balance
$94,568
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$81,151
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
K & S Rentals Llc $139,000 Gomez Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & S Rentals Llc $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $139,000 -0.7% $64 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $140,000 -- $65 / Sq Ft
Source: RMLS Alliance

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 $4,628 $47,577 $4,240 $43,337
2023 $4,628 $45,728 $4,075 $41,653
2022 $4,439 $44,482 $3,964 $40,518
2021 $4,360 $42,526 $3,790 $38,736
2020 $4,331 $41,980 $3,741 $38,239
2019 $4,285 $41,217 $3,673 $37,544
2018 $4,237 $41,217 $3,673 $37,544
2017 $4,129 $40,449 $3,605 $36,844
2016 $4,117 $40,248 $3,587 $36,661
2015 $4,047 $39,459 $3,517 $35,942
2014 $923 $38,470 $3,429 $35,041
2013 $923 $38,470 $3,429 $35,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4222552

RMLS Alliance

APN: 18-05-108-006

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