$35,000
SOLD DEC 30, 2016

1400 15th Ave Unit 1402 Rock Island, IL 61201

Longview Neighborhood
6 Beds
2 Baths
2,880 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

22% Below List Price

50 Days on Market

About This Home

As of December 2016

Excellent income opportunity with this side by side duplex. Both units are mirror image of 3 bedrooms & 1 bath. A DEFINITE MUST SEE FOR INVESTORS!!

Last Agent to Sell the Property

Nicole Johnson

RE/MAX River Cities License #S59664000/475.130132 Listed on: 10/13/2016

RE/MAX River Cities

Last Buyer's Agent

Jordan Paxton

Ruhl&Ruhl REALTORS Davenport License #S63155000/475.166375

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,451

Year Built

  • Built in 1927

Home Design

  • Duplex

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Rock Island Elementary School
  • Rock Island High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,451

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Lot 3 CH Langmans Add
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 12.15
  • Total Sq Ft: 2880

Exterior Features

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

Utilities

  • Heating Cooling: Electric, Gas
  • Laundry Facilities: Units Hook-Ups

Schools

  • Elementary School: Rock Island
  • Middle School: Rock Island
  • High School: Rock Island
  • Elementary School: Rock Island
  • High School: Rock Island

Lot Info

  • Estimated Lot Size: 4199
  • Lot Description: Corner, Level
  • Subdivision: Langman
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 13200

Tax Info

  • Annual Taxes: 1451.48
  • Parcel Id Number Tax Id: 4290
  • Tax Year: 2014

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 13200
  • Total Number Central Air Units: 1
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Rock Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2024
Sold by
Mhb Homes Llc
Bought by
Lewis Ty
Total Days on Market
50
Current Estimated Value
$112,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,100
Outstanding Balance
$124,221
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
-$12,139

Purchase Details

Closed on
Sep 6, 2023
Sold by
Midwest Homebuyers Llc
Bought by
Mhb Homes Llc

Purchase Details

Closed on
Aug 11, 2022
Sold by
Lynda Gebert Revocable Trust
Bought by
Midwest Homebuyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2018
Sold by
Lynda Gebert
Bought by
Lynda Gebert Revocable Living
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 Type Sale Price Title Company
Warranty Deed $130,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $109,000 Brooks Law Firm Pc
Quit Claim Deed -- Stoerzbach Law Office Pc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $126,100 New Conventional
Previous Owner $91,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Rented $995 0.0% --
03/16/2023 03/16/23 Under Contract -- -- --
03/07/2023 03/07/23 For Rent $995 0.0% --
12/30/2016 12/30/16 Sold $35,000 -22.0% $12 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $44,900 -- $16 / 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 $2,010 $19,703 $1,409 $18,294
2023 $2,010 $18,800 $1,344 $17,456
2022 $1,810 $17,446 $1,262 $16,184
2021 $1,792 $16,743 $1,211 $15,532
2020 $1,769 $16,334 $1,181 $15,153
2019 $1,700 $16,334 $1,181 $15,153
2018 $1,700 $16,014 $1,158 $14,856
2017 $1,647 $15,777 $1,141 $14,636
2016 $1,588 $15,468 $1,119 $14,349
2015 $1,523 $14,662 $1,061 $13,601
2014 -- $14,743 $1,067 $13,676
2013 -- $14,743 $1,067 $13,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4176990

RMLS Alliance

APN: 16-02-141-001