NOT LISTED FOR SALE

1131 8th Ave Silvis, IL 61282

Estimated Value: $201,911 - $314,000

4 Beds
4 Baths
3,100 Sq Ft
$81/Sq Ft Est. Value

Last Sold December 06, 2017

Last sale price $153,950 $50 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,822/month

5 Days on Market

About This Home

As of December 2017

Looking for a great investment?! This 4 Unit complex is just what you need! Tenants pay electric. Seller pays for heat ($80/month), water/sewage ($100/month) and garbage ($75/month). 3 units currently rent for $550, while the 4th rents for $525. One of the lower units is waterproofed! Newer roof and boiler. Upper units have private balcony and lower units have private patio. Looks out into ravine. Lot to the west is also being sold with this property (parcel #067566).

Last Agent to Sell the Property

Christine Taylor

KW 1Advantage License #471.020431/B60056000 Listed on: 10/18/2017

KW 1Advantage

Last Buyer's Agent

Mikki Vrban Krantz

NextHome QC Realty License #475.141631/B62306000

NextHome QC Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,191

Year Built

  • Built in 1971

Lot Details

  • 0.25

Schools

  • United Township High School

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,191

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Other Style
  • Legal Description: Lot 1 replat Petersons 2nd add of lots 13-14
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 49.66
  • Total Sq Ft: 3100

Exterior Features

  • Exterior: Vinyl Siding

Garage/Parking

  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Gas, Hot Water
  • Garbage Collection Exp: 75
  • Gas Expense: 80
  • Laundry Facilities: No Laundry Equipment
  • Water Sewer Expenses: 100

Schools

  • High School: United Township
  • High School: United Township

Lot Info

  • Estimated Lot Size: 10,805 sqft
  • Lot Description: Level, Ravine
  • Subdivision: Peterson
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 26100
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 4191.28
  • Parcel Id Number Tax Id: 067358
  • Tax Year: 2016

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 26100
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
Ilene Sideways Llc
Bought by
Ohana Capital Investments Llc
Current Estimated Value
$249,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$272,240
Interest Rate
5.23%
Estimated Equity
-$42,692

Purchase Details

Listed on
Oct 18, 2017
Closed on
Dec 7, 2017
Sold by
Callaway Homes Inc
Bought by
Ilene Sideways Llc
Seller's Agent
Christine Taylor
KW 1Advantage
Buyer's Agent
Mikki Vrban Krantz
NextHome QC Realty
List Price
$154,900
Sold Price
$153,950
Premium/Discount to List
-$950
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$124,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2017
Closed on
Nov 29, 2017
Sold by
Callaway Homes Inc
Bought by
Ilene Sideways Llc
Seller's Agent
Christine Taylor
KW 1Advantage
Buyer's Agent
Mikki Vrban Krantz
NextHome QC Realty
List Price
$154,900
Sold Price
$153,950
Premium/Discount to List
-$950
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Ohana Capital Investments Llc -- Katz Nowinski Pc
Ilene Sideways Llc $153,950 Katz Nowinski Pc
Ilene Sideways Llc $153,950 Katz Nowinski Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohana Capital Investments Llc $285,000
Previous Owner Ilene Sideways Llc $124,000
Previous Owner Ilene Sideways Llc $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2017 12/06/17 Sold $153,950 -0.6% $50 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/18/2017 10/18/17 For Sale $154,900 0.0% $50 / Sq Ft
09/30/2017 09/30/17 Rented $525 -4.5% --
09/24/2017 09/24/17 Under Contract -- -- --
09/15/2017 09/15/17 Rented $550 0.0% --
09/14/2017 09/14/17 Under Contract -- -- --
08/08/2017 08/08/17 For Rent $550 -4.3% --
06/26/2017 06/26/17 For Rent $575 +4.5% --
04/19/2017 04/19/17 Rented $550 -8.3% --
04/08/2017 04/08/17 Under Contract -- -- --
11/11/2016 11/11/16 For Rent $600 +20.0% --
03/24/2016 03/24/16 Rented $500 -23.1% --
03/24/2016 03/24/16 Under Contract -- -- --
03/02/2016 03/02/16 For Rent $650 -- --
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 $5,547 $59,170 $3,258 $55,912
2023 $5,547 $47,219 $2,600 $44,619
2022 $4,402 $45,933 $2,529 $43,404
2021 $4,312 $43,913 $2,418 $41,495
2020 $4,294 $43,349 $2,387 $40,962
2019 $4,251 $42,562 $2,344 $40,218
2018 $4,232 $42,562 $2,344 $40,218
2017 $4,189 $41,768 $2,300 $39,468
2016 $4,191 $41,561 $2,289 $39,272
2015 $4,183 $40,746 $2,244 $38,502
2014 $949 $39,725 $2,188 $37,537
2013 $949 $39,725 $2,188 $37,537
Source: Public Records

Agents Affiliated with this Home

  • Christine Taylor

    Seller's Agent in 2017

    Christine Taylor

    KW 1Advantage

    (309) 314-7350

    1 in this area

    225 Total Sales

    Christine Taylor
    Section Image

  • A

    Seller's Agent in 2017

    Angie Fullmer

    Keller Williams Greater Quad Cities / Midwest Partners

  • T

    Seller Co-Listing Agent in 2017

    Taylor Briggs

    Ruhl&Ruhl REALTORS Moline

  • Mikki Vrban Krantz

    Buyer's Agent in 2017

    Mikki Vrban Krantz

    NextHome QC Realty

    (309) 721-5127

    10 in this area

    94 Total Sales

    Mikki Vrban Krantz
    Section Image

  • B

    Seller's Agent in 2016

    Brenda Williams

    RE/MAX

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAQC4187282

RMLS Alliance

APN: 09-32-320-001

Illinois Rock Island County Silvis 61282

1131 8th Ave, Silvis, IL

This home is located at 1131 8th Ave, Silvis, IL 61282 since 18 October 2017 and is currently estimated at $249,728, approximately $80 per square foot. This property was built in 1971. 1131 8th Ave is a home located in Rock Island County with nearby schools including George O Barr School, Silvis Junior High School, and United Township High 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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