NOT LISTED FOR SALE

Estimated Value: $121,000 - $132,000

4 Beds
-- Bath
1,150 Sq Ft
$110/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $112,000 $97 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $946/month

89 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of January 2023

Calling all investors!! This up down duplex is the perfect investment property. Plenty of space and updates in both units. The upstairs unit is complete with two bedrooms, a kitchen, living area, bathroom, and large bonus room. The downstairs unit features two bedrooms, bathroom, kitchen, large living area, and lots of bright windows. The basement includes shared laundry facilities. Each unit has it's own furnace and electric panel, with the tenants paying their own gas and electric. Water, sewer, and garbage expenses are split 50/50 between the tenants.

Last Agent to Sell the Property

Shannon Lough

Milltown Realty, LLC License #475.154024/B63405000 Listed on: 09/16/2022

Last Buyer's Agent

Cory Horsman

RE/MAX Concepts Bettendorf License #S66237000/475.186165

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,627

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 81 x 33
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • 1,150 Sq Ft Home
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Schools

  • Moline High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Wheelock Subdivision

Listing and Financial Details

  • Tenant pays for trash collection, sewer, snow removal, water
  • Assessor Parcel Number 17-05-121-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,627

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1910
  • New Construction: No
  • Structure Type: Conversion
  • PricePerSqFt: 97.39
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Daylight, Full, Unfinished
  • Interior Amenities: Cable Available, High Speed Internet

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Forced Air, Gas, Gas Water Heater, Window Unit(s)
  • Electric Expense: 528
  • Laundry Features: Common Area, None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 3
  • NumberOfElectricMeters: 3
  • NumberofWaterMeters: 1
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 1
  • NumberOfDryers: 1
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • LawnSnowRemoval: 600

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Moline

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size: 81 x 33
  • Parcel #: 17-05-121-011

Rental Info

  • Tenant Pays: Trash Collection, Sewer, Snow Removal, Water
  • Lease Term: Other

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2626.56
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17400
  • Resident Manager Expense: 1740
  • Annual Operating Expense: 6618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Jan 20, 2023
Sold by
Gegenhuber Mary
Bought by
Johannsen Jay C
Seller's Agent
Shannon Lough
Milltown Realty, LLC
Buyer's Agent
Cory Horsman
RE/MAX Concepts Bettendorf
List Price
$125,000
Sold Price
$112,000
Premium/Discount to List
-$13,000
-10.4%
Views
138
Current Estimated Value
$126,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,199
Avg. Annual Appreciation
4.54%
Original Mortgage
$84,000
Outstanding Balance
$81,262
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$44,937

Purchase Details

Closed on
Dec 1, 2017
Sold by
Dante Garcia and Dante Maria A
Bought by
Future Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,745
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Johannsen Jay C $112,000 None Listed On Document
Future Capital Llc $57,500 Churchill & Churchill Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johannsen Jay C $84,000
Previous Owner Future Capital Llc $80,745
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $112,000 -10.4% $97 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $125,000 -- $109 / 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 $3,328 $37,719 $1,709 $36,010
2023 $3,328 $36,060 $1,634 $34,426
2022 $2,636 $28,965 $1,634 $27,331
2021 $2,627 $27,665 $1,561 $26,104
2020 $2,640 $27,500 $1,552 $25,948
2019 $2,595 $26,856 $1,516 $25,340
2018 $2,150 $22,511 $1,498 $21,013
2017 $1,530 $22,048 $1,467 $20,581
2016 $1,503 $21,679 $1,442 $20,237
2015 $1,459 $21,233 $1,412 $19,821
2014 $374 $21,916 $1,458 $20,458
2013 $374 $21,916 $1,458 $20,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4237019

RMLS Alliance

APN: 17-05-121-011