$110,000
SOLD FEB 7, 2025
-- Bed
-- Bath
2,618 Sq Ft
0.52 Acres

Recently Sold

$42 Per Sq Ft

21% Below List Price

132 Days on Market

Highlights

  • 0.52 Acre Lot
  • Forced Air Heating System
  • 2-minute walk to Velie Park
  • Corner Lot
  • Heating System Uses Steam

About This Home

As of February 2025

Investment Opportunity: Prime 4-Plex in Moline! Unlock steady cash flow with this well-maintained 4-plex in a fantastic Moline location! Boasting a brand-new roof (2019) and a reliable boiler under 10 years old, this property is ready for long-term success. All appliances are included, and one unit has been recently remodeled, adding extra appeal for potential tenants. With a proven rental history, this is a turnkey investment you don't want to miss. Act fast and secure your future with this prime income-generating property!

Last Agent to Sell the Property

Brad Boeye

BUY SELL BUILD QC - Real Broker, LLC License #S41888000/475.141321 Listed on: 08/27/2024

Last Buyer's Agent

Andy Rodriguez

RE/MAX Concepts Bettendorf License #475.186344/S68241000

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 1902

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 53x101x51x102
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation

Schools

  • Moline Elementary And Middle School
  • Moline High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

Overview

  • Moline Water & Power Company Subdivision

Building Details

  • Insurance Expense $3,156
  • Water Sewer Expense $3,120
  • Gross Income $5,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,104

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Moline Water & Power Company
  • Year Built: 1902
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Lot 1 Block P Moline Power
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Stone
  • Lot Features: Corner Lot, Level

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas, Steam
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 3120

Schools

  • Elementary School: Moline
  • High School: Moline
  • Middle/Junior School: Moline

Lot Info

  • Lot Size Acres: 0.52
  • Lot Dimensions: 53x101x51x102

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: -4980
  • Insurance Expense: 3156
  • GrossIncome: 5400

Tax Info

  • Tax Annual Amount: 4103.8
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Jan 31, 2025
Sold by
Foster Nicholas D and Foster Trista L
Bought by
Lopez Oguer Aguirre and Villalba Nancy Paola
Seller's Agent
Brad Boeye
BUY SELL BUILD QC - Real Broker, LLC
Buyer's Agent
Andy Rodriguez
RE/MAX Concepts Bettendorf
List Price
$139,900
Sold Price
$110,000
Premium/Discount to List
-$29,900
-21.37%
Views
90
Current Estimated Value
$125,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,103
Avg. Annual Appreciation
15.01%
Original Mortgage
$93,500
Outstanding Balance
$92,869
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$32,234

Purchase Details

Closed on
Jul 27, 2017
Sold by
Thelma Vanhyning
Bought by
Thelma Van Hyning Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $110,000 None Listed On Document
Deed -- Phares William T
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2025 02/07/25 Sold $110,000 -21.4% $42 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
08/27/2024 08/27/24 For Sale $139,900 +37.2% $53 / Sq Ft
02/28/2019 02/28/19 Sold $102,000 -11.3% $39 / Sq Ft View Prior Sale
02/04/2019 02/04/19 Pending -- -- --
10/05/2018 10/05/18 For Sale $115,000 0.0% $44 / Sq Ft
11/10/2017 11/10/17 Sold $115,000 -23.3% $44 / Sq Ft View Prior Sale
10/02/2017 10/02/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $150,000 -- $57 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,205 $47,656 $4,861 $42,795
2023 $4,205 $45,560 $4,647 $40,913
2022 $3,522 $38,704 $4,647 $34,057
2021 $3,510 $36,966 $4,438 $32,528
2020 $3,527 $36,746 $4,412 $32,334
2019 $3,324 $35,885 $4,309 $31,576
2018 $3,324 $34,801 $4,258 $30,543
2017 $3,250 $34,085 $4,170 $29,915
2016 $3,212 $33,515 $4,100 $29,415
2015 $3,144 $32,826 $4,016 $28,810
2014 -- $33,882 $4,146 $29,736
2013 -- $33,882 $4,146 $29,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4255976

Midwest Real Estate Data (MRED)

APN: 17-05-104-006