$80,000
SOLD MAR 19, 2020
5 Beds
4 Baths
3,045 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

16% Below List Price

30 Days on Market

About This Home

As of March 2020

Davenport Iowa Real Estate For Sale! Fantastic Income Producing Four-plex Near Palmer and St. Ambrose! Newer Roof, Windows, High Efficiency Furnace and Water Heater. Could be sold as package deal with QC4204041 & QC4204042

Last Agent to Sell the Property

Lucky Lang II

Mel Foster Co. Davenport License #S62276000/ 475172615 Listed on: 01/19/2020

Mel Foster Co. Davenport

Last Buyer's Agent

Lucky Lang II

Mel Foster Co. Davenport License #S62276000/ 475172615 Listed on: 01/19/2020

Mel Foster Co. Davenport

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Schools

  • Davenport High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Conversion
  • Legal Description: SHAW'S 2ND ADD Lot: 008 Block: 002 SHAW'S 2ND ADD
  • Lvt Date: 01/20/2020
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 26.27
  • Total Sq Ft: 3045

Exterior Features

  • Exterior: Wood Siding
  • Road Access: Curbs & Gutters

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 5

Utilities

  • Heating Cooling: Forced Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Common

Schools

  • High School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 64 x 150
  • Estimated Number of Acres: 0.22
  • Lot Description: Level
  • Subdivision: Shaw
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 26400
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 2840
  • Parcel Id Number Tax Id: F0028-28
  • Tax Year: 2018

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 27300
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • 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
Jul 7, 2022
Sold by
Nelson David and Nelson Mi
Bought by
Midwest Residential Llc
Total Days on Market
30
Current Estimated Value
$154,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 24, 2022
Sold by
Residential Holdings Llc
Bought by
Nelson David

Purchase Details

Listed on
Jan 19, 2020
Closed on
Mar 6, 2020
Sold by
Haffar Maya Al Khatib
Bought by
Nelson David
Seller's Agent
Lucky Lang II
Mel Foster Co. Davenport
Buyer's Agent
Lucky Lang II
Mel Foster Co. Davenport
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%
Original Mortgage
$60,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Ljc Properties Llc
Bought by
Goodding Mark and Goodding Britney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.88%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $80,000 First American Mortgage Sln
Warranty Deed $95,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 New Conventional
Closed $30,000 Credit Line Revolving
Closed $30,000 Construction
Closed $0 New Conventional
Previous Owner $60,000 New Conventional
Previous Owner $84,750 Commercial
Previous Owner $135,000 Commercial
Previous Owner $76,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Rented $550 0.0% --
10/03/2021 10/03/21 For Rent $550 -12.0% --
09/14/2021 09/14/21 Rented $625 0.0% --
09/08/2021 09/08/21 Price Changed $625 -10.7% $0 / Sq Ft
09/02/2021 09/02/21 For Rent $700 0.0% --
03/19/2020 03/19/20 Sold $80,000 -15.8% $26 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
01/19/2020 01/19/20 For Sale $95,000 -15.9% $31 / Sq Ft
07/07/2017 07/07/17 Sold $113,000 -5.8% $37 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $119,900 -- $39 / 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 $3,014 $172,860 $19,200 $153,660
2023 $2,294 $172,860 $19,200 $153,660
2022 $2,608 $107,390 $19,200 $88,190
2021 $2,608 $103,190 $19,200 $83,990
2020 $3,327 $103,190 $19,200 $83,990
2019 $3,333 $96,030 $19,200 $76,830
2018 $3,097 $96,030 $19,200 $76,830
2017 $3,164 $96,030 $19,200 $76,830
2016 $3,332 $98,100 $0 $0
2015 $3,332 $98,100 $0 $0
2014 $3,518 $98,100 $0 $0
2013 $3,740 $0 $0 $0
2012 -- $98,100 $17,400 $80,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4208867

RMLS Alliance

APN: F0028-28