NOT LISTED FOR SALE

Estimated Value: $133,000 - $165,322

4 Beds
3 Baths
2,056 Sq Ft
$71/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $51,000 $25 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $1,056/month

55 Days on Market

About This Home

As of October 2012

Three Plex with good income potential. Close to Palmer College. Basement entrance through outside cellar door. 3 car garage. Only owner occupant buyers in first 16 days of listing. Agents submit all offers online by going to HOMEPATH.COM.

Last Listed By

Scott Kelling

Mel Foster Co. Davenport License #B04983000 Listed on: 07/18/2012

Mel Foster Co. Davenport

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 5,619

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Davenport Elementary School
  • Davenport High School

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Conversion
  • Legal Description: Allen's 2nd Addn. Pty Lots 8 & 9
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 24.81
  • Total Sq Ft: 2056

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved

Garage/Parking

  • Number Parking Spaces: 3

Utilities

  • Heating Cooling: Forced Air, Gas, No Cooling, Water Heater - Gas
  • Laundry Facilities: No Laundry Equipment

Schools

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

Lot Info

  • Estimated Lot Size: 5600 Sq. Ft.
  • Lot Description: Level
  • Subdivision: Allen
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Electric Only

Tax Info

  • Annual Taxes: 3768
  • Parcel Id Number Tax Id: 60026-02
  • Tax Year: 2010

Multi Family

  • Total Number Units: 3
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Davenport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2012
Sold by
Ment Redevelopment Llc
Bought by
Federal National Mortgage Association
Total Days on Market
55
Current Estimated Value
$146,331

Purchase Details

Closed on
Mar 26, 2008
Sold by
Hon Alan L and Hon Teresa Marie
Bought by
Ment Redevelopment Llc

Purchase Details

Closed on
Nov 1, 2006
Sold by
Bauer Thomas E
Bought by
Hon Teresa M and Hon Alan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,704
Interest Rate
10.05%
Mortgage Type
Commercial

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
Federal National Mortgage Association $87,406 None Available
Ment Redevelopment Llc -- None Available
Hon Teresa M $96,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mad Ventures Llc $150,000
Previous Owner Hon Teresa M $73,500
Previous Owner Hon Alan L $49,110
Previous Owner Hon Teresa M $76,704
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $51,000 -41.3% $25 / Sq Ft
09/11/2012 09/11/12 Pending -- -- --
07/18/2012 07/18/12 For Sale $86,900 -- $42 / 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 $2,887 $132,210 $16,800 $115,410
2023 $2,028 $144,360 $16,800 $127,560
2022 $2,002 $94,920 $16,800 $78,120
2021 $2,002 $93,280 $16,800 $76,480
2020 $2,026 $93,280 $16,800 $76,480
2019 $2,234 $86,330 $16,800 $69,530
2018 $1,896 $86,330 $16,800 $69,530
2017 $1,962 $86,330 $16,800 $69,530
2016 $2,318 $105,800 $0 $0
2015 $2,318 $0 $0 $0
2014 $3,270 $0 $0 $0
2013 $3,476 $0 $0 $0
2012 -- $93,500 $13,000 $80,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4136129

RMLS Alliance

APN: G0026-02