NOT LISTED FOR SALE

Estimated Value: $69,000 - $80,000

4 Beds
4 Baths
5,490 Sq Ft
$14/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $125,000 $23 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $596/month

61 Days on Market

About This Home

As of April 2020

Includes 1408&1410 8th st. Opportunity abounds with 3 buildings! One building 1410 has 4 units with a potential for 4 more units in other two buildings. Office space workshop below 3 of the units at 1408. Approx 12 electrical meters. Current and past owner have never rented these. This was a renovation in progress over time. White picket fence around front of 1408 and a gate across the back alley fences in the properties. Come see the potential for these 3 all brick buildings.

Last Agent to Sell the Property

Mike Tanner

Ruhl&Ruhl REALTORS Bettendorf License #S61989000/475.165973 Listed on: 01/08/2020

Ruhl&Ruhl REALTORS Bettendorf

Last Buyer's Agent

Shawn Langan

NAI Ruhl Commercial Company License #S62759000/475.162291

NAI Ruhl Commercial Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 1934

Lot Details

  • 8,712

Schools

  • Rock Island Elementary School
  • Rock Island High School

Additional Features

  • Unfinished Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,320

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Other Style
  • Legal Description: LOT 60 FRANKLIN SCHOOL ADD Parcel 3454 & LOT 61 FRANKLIN SCHOOL ADD
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 4
  • Basement: Unfinished
  • Price Per Sq Ft: 22.77
  • Total Sq Ft: 5490

Exterior Features

  • Exterior: Brick
  • Road Access: Alley, Curbs & Gutters

Garage/Parking

  • Garage Parking: Alley, Attached, On-Street Parking, Under

Utilities

  • Heating Cooling: Forced Air, Gas
  • Water Sewer: Public Sewer, Public Water

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: 35 x 118 & 42 x118
  • Estimated Number of Acres: 0.2
  • Lot Description: Level
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 3320
  • Parcel Id Number Tax Id: 09-3455 & 09-3454
  • Tax Year: 2018

Multi Family

  • Total Number Units: 7
  • Total Number Electric Meters: 12
  • Total Number Heating Units: 6

MLS Schools

  • Middle School: Rock Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Apr 13, 2020
Sold by
Cousino Teresa L
Bought by
Singh Jaswinder
Seller's Agent
Mike Tanner
Ruhl&Ruhl REALTORS Bettendorf
Buyer's Agent
Shawn Langan
NAI Ruhl Commercial Company
List Price
$142,900
Sold Price
$125,000
Premium/Discount to List
-$17,900
-12.53%
Current Estimated Value
$75,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,264
Avg. Annual Appreciation
-11.21%
Original Mortgage
$100,000
Outstanding Balance
$80,106
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
-$13,773
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 Buyer Sale Price Title Company
Singh Jaswinder $125,000 Gomez Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Jaswinder $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $125,000 -12.5% $23 / Sq Ft
03/10/2020 03/10/20 For Sale $142,900 +14.3% $26 / Sq Ft
03/09/2020 03/09/20 Off Market $125,000 -- --
03/09/2020 03/09/20 Pending -- -- --
02/03/2020 02/03/20 Price Changed $142,900 -3.4% $26 / Sq Ft
01/08/2020 01/08/20 For Sale $147,900 -- $27 / 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 $2,199 $21,558 $225 $21,333
2023 $2,199 $20,571 $215 $20,356
2022 $2,125 $18,786 $202 $18,584
2021 $1,930 $18,029 $194 $17,835
2020 $1,905 $17,589 $189 $17,400
2019 $1,903 $17,589 $189 $17,400
2018 $1,831 $17,244 $185 $17,059
2017 $1,773 $16,989 $182 $16,807
2016 $1,710 $16,655 $178 $16,477
2015 $1,640 $15,787 $169 $15,618
2014 $435 $16,113 $170 $15,943
2013 $435 $16,113 $170 $15,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4208585

RMLS Alliance

APN: 16-03-221-043