NOT LISTED FOR SALE
Studio
4 Baths
5,572 Sq Ft
0.36 Acres Lot

Sale Details

Date Sold: April 22, 2022

Last sale price $267,000 $48 Per Sq Ft

6 Days on Market

About This Home

As of April 2022

Great 8 unit investment opportunity. Garage is not operational and needs work. Tenant pays unit electric. Agent is 1/3 owner of ILLOWA Funding LLC. Unit 2 is vacant for showings. Other units available for more serious inquiries. 6 two bedrooms with one being an "owners" suite 2 one bedroom units.

Last Agent to Sell the Property

Eric Ryden

Quad Cities Iowa Realty - Moline License #471.010835/B42437000 Listed on: 02/25/2022

Quad Cities Iowa Realty - Moline

Last Buyer's Agent

UNREPRESENTED Properties

Unrepresented Properties License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,565

Year Built

  • Built in 1965

Lot Details

  • 15,745 Sq Ft Lot
  • Lot Dimensions are 120x131x121x131

Home Design

  • 5,572 Sq Ft Home
  • Brick Exterior Construction
  • Tar and Gravel Roof

Flooring

  • Carpet
  • Tile

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • 8 Units

Listing and Financial Details

  • The owner pays for common area maintenance, gas, heat, insurance, taxes, snow removal, structure, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,565

Year Built

Built in 1965

Lot Details

0.36 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Ownership Type: LLC
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: Older
  • Sale Price Includes: Building
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • OwnerPays: Common Area Maintenance, Gas, Heat, Insurance, Taxes, Snow Removal, Structure, Water
  • Possible Use: Multi-Family

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • Roof: Tar/Gravel

Utilities

  • Heat/Ventilation: Gas,Hot Water

Lot Info

  • Lot Size Acres: 0.36
  • Lot Dimensions: 120x131x121x131
  • Lot Size Sq Ft: 15745
  • Zoning: multi
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 5572

Rental Info

  • Board Number: 30

Multi Family

  • NumberOfUnitsTotal: 8

Tax Info

  • Tax Annual Amount: 7565

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Apr 22, 2022
Sold by
Illowa Funding Llc
Bought by
Nino Realty Corporation
Seller's Agent
Eric Ryden
Quad Cities Iowa Realty - Moline
Buyer's Agent
UNREPRESENTED Properties
Unrepresented Properties
List Price
$250,000
Sold Price
$267,000
Premium/Discount to List
$17,000
6.8%

Purchase Details

Closed on
Oct 1, 2014
Source: Public Records
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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
Nino Realty Corporation $267,000 None Listed On Document
-- $196,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $267,000 +6.8% $48 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $250,000 -- $45 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $8,639 $93,738 $15,681 $78,057
2023 $8,639 $87,605 $14,655 $72,950
2022 $7,772 $80,816 $13,519 $67,297
2021 $7,722 $76,530 $12,802 $63,728
2020 $7,565 $74,591 $12,478 $62,113
2019 $7,587 $73,852 $12,354 $61,498
2018 $7,379 $72,977 $12,208 $60,769
2017 $6,737 $71,616 $11,980 $59,636
2016 $6,576 $71,259 $11,920 $59,339
2015 $6,591 $70,883 $11,857 $59,026
2014 $1,482 $69,357 $11,602 $57,755
2013 $1,482 $69,357 $11,602 $57,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4230572

Midwest Real Estate Data (MRED)

APN: 16-26-202-010

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