NOT LISTED FOR SALE

1210 3rd St S Cordova, IL 61242

Estimated Value: $280,775 - $349,000

4 Beds
3 Baths
2,016 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $242,900 $120 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,147/month

About This Home

As of July 2020

This is the perfect property if you are looking to have the income potential of a rental, extra garage space for all your hobbies, and the relaxing Mississippi River views. South side unit is 2 bedrooms, 1.5 baths & has an updated kitchen, open concept, and hardwood floors. Partially finished basement with jacuzzi hot tub and laundry area. North side is 2 bedrooms, 1 bath & has an open concept floorpan. Looking for plenty of garage space? The extended driveway leads to a two-car attached garage, a three-car detached garage, two over-sized carports. Per seller, rents are artificially low due to long term tenant/family friend. Seller reserves all personal property in garage. Willing to negotiate outside of the sale of the home. Don’t miss out on this rare gem of an opportunity!

Last Agent to Sell the Property

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 12/02/2019

RE/MAX Concepts Bettendorf

Co-Listed By

Melissa Greer

RE/MAX Concepts Bettendorf License #S64627000/475.170560

Last Buyer's Agent

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 12/02/2019

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,937

Year Built

  • Built in 1980

Lot Details

  • 0.51

Home Design

  • Duplex

Schools

  • Riverdale High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,937

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: LOT 2 SHACKELFORD'S 1ST ADD SH 2
  • Lvt Date: 12/03/2019
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 2
  • Basement: Concrete
  • Price Per Sq Ft: 120.49
  • Total Sq Ft: 2016

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved
  • Exterior Amentities: Fenced

Garage/Parking

  • Garage Parking: Attached, Guest Parking, Parking Slab
  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, 2+ Cooling Systems, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Private, Units Hook-Ups

Schools

  • High School: Riverdale
  • High School: Riverdale

Lot Info

  • Estimated Lot Size: 95 x 236
  • Estimated Number of Acres: 0.516
  • Lot Description: Water Frontage, Sea Wall
  • Subdivision: Shackelfords
  • Geo Subdivision: IL

Rental Info

  • Manager On Site: Yes
  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 12000
  • Manager Unit Number: 2

Tax Info

  • Parcel Id Number Tax Id: 05-660
  • Tax Exemptions: Homestead/Owner Occupied, Senior Freeze, Veterans Disability
  • Tax Year: 2018

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 12000
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 3
  • 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
Dec 2, 2019
Closed on
Jul 1, 2020
Sold by
Dan Alan Gibson Revocable Trust
Bought by
Hatfield Mike John and Armstrong Melissa Sue
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
List Price
$254,900
Sold Price
$242,900
Premium/Discount to List
-$12,000
-4.71%
Current Estimated Value
$311,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,794
Avg. Annual Appreciation
4.10%
Original Mortgage
$238,499
Outstanding Balance
$212,343
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$87,618
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
Hatfield Mike John $242,900 Gomez Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatfield Mike John $238,499
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $242,900 +1.3% $120 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
03/20/2020 03/20/20 Price Changed $239,900 -5.9% $119 / Sq Ft
12/02/2019 12/02/19 For Sale $254,900 -- $126 / 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 $5,937 $90,754 $12,237 $78,517
2023 $5,937 $83,261 $11,227 $72,034
2022 $4,508 $66,278 $10,708 $55,570
2021 $4,490 $62,823 $10,150 $52,673
2020 $4,006 $69,722 $10,000 $59,722
2019 $0 $69,722 $10,000 $59,722
2018 $0 $60,923 $7,195 $53,728
2017 $0 $60,923 $7,195 $53,728
2016 $0 $60,082 $7,096 $52,986
2015 $0 $57,868 $6,835 $51,033
2014 -- $56,733 $6,701 $50,032
2013 -- $56,733 $6,701 $50,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4207982

RMLS Alliance

APN: 04-01-201-001