NOT LISTED FOR SALE

1201 Farnam St Davenport, IA 52803

Central Davenport Neighborhood

Estimated Value: $124,562 - $165,000

5 Beds
2 Baths
2,586 Sq Ft
$55/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $125,000 $48 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $915/month

50 Days on Market

About This Home

As of September 2021

GREAT INVESTMENT OPPORTUNITY! Large Duplex located not far from Palmer College, East Village, and Downtown Davenport! Bottom unit features 2 bedrooms, original hardwood floors, and a working fireplace that just needs to be cleaned. Upper unit harbors 3 bedrooms, updated kitchen, and more! Each unit gets 2 parking spaces as well. Tons of updates have been done including replacing most of all plumbing with PVC/Copper piping, new gutters, new flooring, and roof!

Last Agent to Sell the Property

Kyle Robinson

Epique Realty License #S62397000/475.163000 Listed on: 06/02/2021

Epique Realty

Co-Listed By

Deb Anderson

Prestige Realty QC License #S65446000/475.181403

Last Buyer's Agent

David Wilkinson

Currents and Keys Realty License #S66740000/475.186287

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,144

Year Built

  • Built in 1890

Lot Details

  • 8,712

Interior Spaces

  • Storage
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Davenport High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,144

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Conversion
  • Legal Description: MCHART'S 13-139 Lot: 002 Block: 139 MCHART'S 13-139 SUBDOF LECLAIRE'S 13THADD LOTS 1 &
  • Year Built: 1890
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Additional Storage
  • Basement: Full, Unfinished
  • Price Per Sq Ft: 48.34
  • Total Sq Ft: 2586

Exterior Features

  • Exterior: Asbestos Siding
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Assigned, Guest Parking, On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: No Laundry Equipment

Schools

  • High School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 58x150
  • Estimated Number of Acres: 0.2
  • Lot Description: Corner, Terraced, Sloping
  • Zoning: Residential
  • Subdivision: McHart
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 21000

Tax Info

  • Annual Taxes: 1144
  • Parcel Id Number Tax Id: F0030-15
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 21000
  • Total Number Central Air Units: 2
  • 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 2, 2021
Closed on
Sep 2, 2021
Sold by
Sarelas Peter
Bought by
Chapman Mitchell L
Seller's Agent
Kyle Robinson
Epique Realty
Buyer's Agent
David Wilkinson
Currents and Keys Realty
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Current Estimated Value
$142,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,391
Avg. Annual Appreciation
3.29%
Original Mortgage
$112,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 9, 2020
Sold by
Zilly Benjamin and Morgan Amanda
Bought by
Sarelas Peter J
Seller's Agent
Michael Rebitzer
All City Realty
Buyer's Agent
Deb Anderson
Prestige Realty QC
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
212.76%

Purchase Details

Listed on
Oct 13, 2020
Closed on
Oct 30, 2020
Sold by
Zilly Benjamin and Zilly Joseph C
Bought by
Sarelas Peter J
Seller's Agent
Michael Rebitzer
All City Realty
Buyer's Agent
Deb Anderson
Prestige Realty QC
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
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
Chapman Mitchell L $125,000 None Listed On Document
Sarelas Peter J $55,000 None Available
Sarelas Peter J $55,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman Mitchell L $112,500
Previous Owner Zilly Joseph C $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $125,000 -5.7% $48 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/06/2021 07/06/21 Price Changed $132,500 -1.9% $51 / Sq Ft
06/02/2021 06/02/21 For Sale $135,000 +145.5% $52 / Sq Ft
12/15/2020 12/15/20 Sold $55,000 -8.2% $21 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $59,900 -- $23 / 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 $1,742 $99,870 $20,300 $79,570
2023 $1,560 $99,870 $20,300 $79,570
2022 $1,772 $72,990 $9,280 $63,710
2021 $1,340 $62,400 $9,280 $53,120
2020 $1,424 $52,700 $9,280 $43,420
2019 $1,158 $51,640 $9,280 $42,360
2018 $57 $51,640 $9,280 $42,360
2017 $1,150 $51,640 $9,280 $42,360
2016 $1,134 $50,586 $0 $0
2015 $1,108 $53,230 $0 $0
2014 $1,182 $52,174 $0 $0
2013 $1,138 $0 $0 $0
2012 -- $60,848 $10,760 $50,088
Source: Public Records

Agents Affiliated with this Home

  • Kyle Robinson

    Seller's Agent in 2021

    Kyle Robinson

    Epique Realty

    (563) 505-1806

    32 in this area

    1,677 Total Sales

    Kyle Robinson
    Section Image
  • Deb Anderson

    Seller Co-Listing Agent in 2021

    Deb Anderson

    Prestige Realty QC

    (563) 676-5031

    3 in this area

    38 Total Sales

    Deb Anderson
    Section Image
  • David Wilkinson

    Buyer's Agent in 2021

    David Wilkinson

    Currents and Keys Realty

    (563) 594-9662

    6 in this area

    119 Total Sales

    David Wilkinson
    Section Image
  • Michael Rebitzer

    Seller's Agent in 2020

    Michael Rebitzer

    All City Realty

    (563) 940-4238

    19 in this area

    265 Total Sales

    Michael Rebitzer
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4222297

RMLS Alliance

APN: F0030-15

Iowa Scott County Davenport 52803 Central Davenport

1201 Farnam St, Davenport, IA

This home is located at 1201 Farnam St, Davenport, IA 52803 since 02 June 2021 and is currently estimated at $142,391, approximately $55 per square foot. This property was built in 1890. 1201 Farnam St is a home located in Scott County with nearby schools including Madison Elementary School, Frank L. Smart Intermediate School, and Central 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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