NOT LISTED FOR SALE

1404 5th Ave Silvis, IL 61282

Estimated Value: $125,000 - $162,000

6 Beds
2 Baths
988 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $92,000 $93 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,020/month

174 Days on Market

About This Home

As of May 2019

This 3 bedroom (each unit) is a great investment property. Both units have updates with long term tenants. Sits on nice corner lot. Would make great owner occupied rental.

Last Agent to Sell the Property

Diane Godwin-Luckey

RE/MAX Concepts Moline License #475.136001/S38270000 Listed on: 10/31/2018

RE/MAX Concepts Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,089

Year Built

  • Built in 1963

Lot Details

  • 70 Sq Ft Lot

Home Design

  • Frame Construction
  • Vinyl Siding

Flooring

  • Carpet
  • Tile

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,089

Year Built

Built in 1963

Lot Details

70 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Ownership Type: Individual
  • Year Built: 1963
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: Older
  • Sale Price Includes: Building,Land
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Possible Use: Multi-Family

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Frontage Type: City Street

Utilities

  • Water Source: Municipal Water
  • Heat/Ventilation: Gas,Hot Water

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 70
  • Zoning: Res
  • Property Offered: For Sale Only

Rental Info

  • Board Number: 30

Multi Family

  • NumberOfUnitsTotal: 2

Tax Info

  • Tax Annual Amount: 3089.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Williams Family Living Trust
Bought by
Cem Tum and Zing Vana
Current Estimated Value
$144,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,400
Outstanding Balance
$249,973
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
-$105,743

Purchase Details

Listed on
Oct 31, 2018
Closed on
Jun 3, 2019
Sold by
Larson Christopher A and Larson Stacey L
Bought by
Cem Tum
Seller's Agent
Diane Godwin-Luckey
RE/MAX Concepts Moline
List Price
$115,000
Sold Price
$92,000
Premium/Discount to List
-$23,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$69,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cem Tum $292,000 Moens Law Offices Chartered
Cem Tum $92,000 Mason And Scott Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cem Tum $277,400
Previous Owner Cem Tum $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2019 05/22/19 Sold $92,000 -20.0% $93 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
10/31/2018 10/31/18 For Sale $115,000 -- $116 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,318 $35,399 $6,718 $28,681
2023 $3,318 $34,023 $6,457 $27,566
2022 $3,172 $33,096 $6,281 $26,815
2021 $3,107 $31,641 $6,005 $25,636
2020 $3,094 $31,235 $5,928 $25,307
2019 $3,063 $30,667 $5,820 $24,847
2018 $3,121 $31,390 $5,820 $25,570
2017 $3,089 $30,804 $5,711 $25,093
2016 $3,091 $30,651 $5,683 $24,968
2015 $3,085 $30,050 $5,572 $24,478
2014 -- $29,297 $5,433 $23,864
2013 -- $29,297 $5,433 $23,864
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC7039569

Midwest Real Estate Data (MRED)

APN: 09-32-311-003

Your Personal Tour Guide

Ask me questions while you tour the home.