NOT LISTED FOR SALE

1224 N Main St Davenport, IA 52803

Central Davenport Neighborhood

Estimated Value: $91,000 - $710,000

5 Beds
4 Baths
12,156 Sq Ft
$34/Sq Ft Est. Value

Last Sold November 09, 2012

Last sale price $382,000 $31 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,717/month

43 Days on Market

About This Home

As of November 2012

"The Pasadena" is located in the heart of the Hilltop Neighborhood between Palmer College and St. Ambrose University. A perfect investment for those seeking a low maintenance, good income generator. Long term on-site manager and low vacancy rate. Coin laundry.

Last Listed By

Greg Rediger

Ruhl&Ruhl REALTORS Bettendorf License #S36763000/475.130772 Listed on: 07/23/2012

Ruhl&Ruhl REALTORS Bettendorf

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 7,013

Schools

  • Davenport Elementary School
  • Davenport Central High School

Additional Features

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

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: Lot 5, Block 10
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 31.42
  • Total Sq Ft: 12156

Exterior Features

  • Exterior: Brick Partial, Vinyl Siding
  • Road Access: Curbs & Gutters
  • Roofing: Composition Rolled

Garage/Parking

  • Number Parking Spaces: 7

Utilities

  • Heating Cooling: Gas, Hot Water, No Cooling
  • Garbage Collection Exp: 1056
  • Gas Expense: 10848
  • Laundry Facilities: Leased Equipment
  • Water Sewer Expenses: 3156

Schools

  • Elementary School: Davenport
  • Middle School: Davenport
  • High School: Davenport Central
  • Elementary School: Davenport
  • High School: Davenport Central

Lot Info

  • Estimated Lot Size: 7000
  • Lot Description: Level
  • Subdivision: Allen
  • Geo Subdivision: IA

Rental Info

  • Manager On Site: Yes
  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 82200
  • Lease Information: Various Terms
  • Management Expense: 4140
  • Manager Unit Number: 3

Tax Info

  • Annual Taxes: 14084
  • Parcel Id Number Tax Id: G0026-20
  • Tax Year: 2011

Multi Family

  • Total Number Units: 14
  • Gross Annual Income: 83350
  • Total Number Electric Meters: 15
  • Total Number Gas Meters: 15
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Davenport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2016
Sold by
Andrew Wold Investments Llc
Bought by
1224 Main Cooperative
Total Days on Market
43
Current Estimated Value
$413,465

Purchase Details

Closed on
Jun 22, 2015
Sold by
J & J Investment Enterprizes Llc
Bought by
Andrew Wold Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
0.78%
Mortgage Type
Future Advance Clause Open End Mortgage

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
1224 Main Cooperative -- None Available
Andrew Wold Investments Llc $450,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sjm Properties Llc $832,000
Closed 1224 Main St Coop $79,499
Previous Owner Andrew Wold Investments Llc $360,000
Previous Owner J & J Investment Enterprizes Llc $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2012 11/09/12 Sold $382,000 -4.5% $31 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $400,000 -- $33 / 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 $13,592 $779,290 $21,000 $758,290
2023 $12,182 $779,350 $21,000 $758,350
2022 $14,412 $570,290 $21,000 $549,290
2021 $14,412 $570,290 $21,000 $549,290
2020 $10,603 $478,740 $21,000 $457,740
2019 $9,739 $402,230 $21,000 $381,230
2018 $8,834 $402,230 $21,000 $381,230
2017 $2,237 $402,230 $21,000 $381,230
2016 $12,260 $349,500 $0 $0
2015 $11,868 $0 $0 $0
2014 $12,534 $0 $0 $0
2013 $13,322 $0 $0 $0
2012 -- $349,500 $22,800 $326,700
Source: Public Records

Agents Affiliated with this Home

  • Greg Rediger

    Seller's Agent in 2012

    Greg Rediger

    Ruhl&Ruhl REALTORS Bettendorf

    (563) 940-5050

    1 in this area

    93 Total Sales

    Greg Rediger
    Section Image
  • Ray McDevitt

    Seller Co-Listing Agent in 2012

    Ray McDevitt

    Ruhl&Ruhl REALTORS Bettendorf

    (563) 940-0754

    13 in this area

    265 Total Sales

    Ray McDevitt
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC4136238

RMLS Alliance

APN: G0026-20

Iowa Scott County Davenport 52803 Central Davenport

1224 N Main St, Davenport, IA

Homes for Sale in Davenport, IA

This home is located at 1224 N Main St, Davenport, IA 52803 since 23 July 2012 and is currently estimated at $413,465, approximately $34 per square foot. This property was built in 1907. 1224 N Main 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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