NOT LISTED FOR SALE

Estimated Value: $92,000 - $109,000

6 Beds
2 Baths
2,613 Sq Ft
$39/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $73,600 $28 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $754/month

13 Days on Market

About This Home

As of March 2021

Investors, if you're looking for a turn-key, cash flowing property, you won't want to miss this one! This side by side duplex is the perfect investment property. All utilities split and paid by tenants. Spacious rooms with many updates. Beautiful wood floors. Updated vinyl windows and siding. Both units are occupied, photos taken prior to current tenants moving in. Property can be sold with or without professional property management in place.

Last Agent to Sell the Property

Shannon Lough

Milltown Realty, LLC License #475.154024/B63405000 Listed on: 01/24/2021

Last Buyer's Agent

Eric Ryden

Quad Cities Iowa Realty - Moline License #471.010835/B42437000

Quad Cities Iowa Realty - Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,550

Year Built

  • Built in 1900

Lot Details

  • 4,356

Home Design

  • Duplex

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Natural lighting in basement

Schools

  • Rock Island High School

Additional Features

  • Storage
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for garbage collection, gas & electric, sewer, snow removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,550

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Lot 7 Block 8 Black Hawk Add S 40 Ft Lot 6 And N 5 Ft
  • Lvt Date: 01/24/2021
  • Year Built: 1900
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Additional Storage, Cable Tv Available
  • Number Dish Washers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Block, Daylight, Full
  • Price Per Sq Ft: 28.17
  • Total Sq Ft: 2613

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Alley, Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Alley
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, No Cooling, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water, Sump Pump
  • Laundry Facilities: Units Hook-Ups

Schools

  • High School: Rock Island
  • High School: Rock Island

Lot Info

  • Estimated Lot Size: 100 x 45
  • Estimated Number of Acres: 0.1
  • Lot Description: Level
  • Zoning: R
  • Subdivision: Black Hawk
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Garbage Collection, Gas & Electric, Sewer, Snow Removal
  • Gross Annual Rent Income: 17880
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 2550
  • Parcel Id Number Tax Id: 16-02-115-007
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 17880
  • 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
Jan 24, 2021
Closed on
Mar 10, 2021
Sold by
Sns Properties Llc
Bought by
Aace Real Estate Llc
Seller's Agent
Shannon Lough
Milltown Realty, LLC
Buyer's Agent
Eric Ryden
Quad Cities Iowa Realty - Moline
List Price
$77,500
Sold Price
$73,600
Premium/Discount to List
-$3,900
-5.03%
Current Estimated Value
$100,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,312
Avg. Annual Appreciation
5.39%
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
Aace Real Estate Llc $73,600 Moens Law Offices Chartered
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $73,600 -5.0% $28 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
01/24/2021 01/24/21 For Sale $77,500 +19.2% $30 / Sq Ft
04/05/2019 04/05/19 Sold $65,000 0.0% $25 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $65,000 +301.6% $25 / Sq Ft
06/24/2015 06/24/15 Sold $16,185 -35.0% $6 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $24,900 -- $10 / 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 $2,623 $25,711 $1,363 $24,348
2023 $2,623 $24,534 $1,301 $23,233
2022 $2,573 $24,795 $1,222 $23,573
2021 $2,547 $23,796 $1,173 $22,623
2020 $2,514 $23,215 $1,144 $22,071
2019 $2,417 $23,215 $1,144 $22,071
2018 $2,417 $22,760 $1,122 $21,638
2017 $2,340 $22,423 $1,105 $21,318
2016 $2,257 $21,983 $1,083 $20,900
2015 $1,620 $15,601 $1,027 $14,574
2014 -- $15,686 $1,032 $14,654
2013 -- $15,686 $1,032 $14,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4218411

RMLS Alliance

APN: 16-02-115-007