NOT LISTED FOR SALE

1404 5th Ave Silvis, IL 61282

Estimated Value: $154,000 - $320,000

6 Beds
2 Baths
988 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 22, 2019

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

Est. 128% increase in value since last sale

Current estimated payment $1,424/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

Last Buyer's Agent

NON MLS

NON-MLS QCAR License #000.00000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,089

Year Built

  • Built in 1963

Lot Details

  • 5,663

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for gas, electric, water/sewer

Property Details

Property Type

Other

Est. Annual Taxes

$3,089

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Style: Up & Down
  • Sub Type: Multi-Family
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Common Hallway: Yes
  • Flooring: Carpeted, Tile/Vinyl
  • Total Sq Ft: 988
  • Other Access: None
  • Estimated Lot Sq Ft: 70x87

Exterior Features

  • Exterior Finish: Vinyl
  • Frontage Access: Corner Lot, City Street
  • Insulation: Unknown
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Utilities

  • Cooling: None
  • Heating: Gas, Hot Water
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.13
  • Zoning: Res
  • Geo Subdivision: IL

Rental Info

  • Indiv Laundry: Yes
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Gas, Electric, Water/Sewer
  • Terms Lease: Month to Month

Tax Info

  • Annual Taxes: 3089.48
  • Parcel Id Number Tax Id: 06630
  • Tax Incentive: None
  • Tax Year: 2018

Multi Family

  • Total Number Units: 2

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
$209,475

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
$253,798
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
-$51,519
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
Cem Tum $292,000 Moens Law Offices Chartered
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
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: 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 $3,318 $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

  • Diane Godwin-Luckey

    Seller's Agent in 2019

    Diane Godwin-Luckey

    RE/MAX

    (563) 529-1186

    6 in this area

    285 Total Sales

    Section Image

  • N

    Buyer's Agent in 2019

    NON MLS

    NON-MLS QCAR

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Map

Source: RMLS Alliance

MLS Number: RMAQC7039569

RMLS Alliance

APN: 09-32-311-003

Illinois Rock Island County Silvis 61282

1404 5th Ave, Silvis, IL

This home is located at 1404 5th Ave, Silvis, IL 61282 since 31 October 2018 and is currently estimated at $199,668, approximately $202 per square foot. This property was built in 1963. 1404 5th Ave is a home located in Rock Island County with nearby schools including George O Barr School, Silvis Junior High School, and United Township High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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