NOT LISTED FOR SALE

1408 15th Ave Unit 1410 Rock Island, IL 61201

Longview Neighborhood

Estimated Value: $64,000 - $93,990

6 Beds
-- Bath
2,880 Sq Ft
$27/Sq Ft Est. Value

Last Sold November 11, 2020

Last sale price $49,000 $17 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $595/month

188 Days on Market

Highlights

  • Two Heating Systems
  • Level Lot
  • Wood Siding

About This Home

As of November 2020

This is a nice property with good income stream. They each have a half bath down and a full bath up. They have wood floors and an area outside for the tenants in the rear. The property is being sold "as is".

Last Agent to Sell the Property

John Lonergan

RE/MAX River Cities Brokerage Email: johnii@msn.com License #S59856000/475.127736 Listed on: 04/24/2020

Last Buyer's Agent

Sandi Lyn Burnett

My Real Estate Company, LLC License #S64241000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,919

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • 2,880 Sq Ft Home
  • Shingle Roof
  • Wood Siding

Schools

  • Hawthorne Irving Elementary School
  • Washington Middle School
  • Rock Island High School

Additional Features

  • 6 Bedrooms
  • Two Heating Systems
  • Unfinished Basement

Community Details

  • C H Langmans Subdivision

Listing and Financial Details

  • Tenant pays for gas & electric
  • Assessor Parcel Number 09-4289

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,919

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1927
  • New Construction: No
  • Structure Type: Apartment Building
  • PricePerSqFt: 17.01
  • Attribution Contact: johnii@msn.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Total Bedrooms: 6

Exterior Features

  • Lot Features: Level
  • Construction Type: Wood Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Heating Systems - 2+
  • Water Sewer Expenses: 1680
  • Laundry Features: Units Hook-Ups
  • Water Source: Community Sewer System, Community Water
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Hawthorne Irving
  • High School: Rock Island
  • Middle Or Junior School: Washington

Lot Info

  • Zoning: Single and two family
  • Lot Size Acres: 0.1
  • Lot Size: 4441
  • Parcel #: 09-4289
  • CertificateOfZoning: No

Rental Info

  • Tenant Pays: Gas & Electric

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1623.56
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16200
  • Annual Operating Expense: 2522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Sep 17, 2020
Sold by
Bierman Timothy J and Bierman Robin L
Bought by
15Th Avenue Rock Island Llc
Seller's Agent
John Lonergan
RE/MAX River Cities
Buyer's Agent
Sandi Lyn Burnett
My Real Estate Company, LLC
List Price
$54,900
Sold Price
$49,000
Premium/Discount to List
-$5,900
-10.75%
Total Days on Market
188
Current Estimated Value
$77,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,498
Avg. Annual Appreciation
10.58%
Source: Public Records

Similar Homes in Rock Island, IL

  • 1600 12th Ave, Rock Island, IL 61201

    $80,000

    • 5 Beds
    • 1,904 Sq Ft
    • 1600 12th Ave
    • Rock Island, IL

    Rock island duplex for sale! This property needs very little work for you to either move in or place tenants in. This property has plenty of space! You could move into one unit and rent out the other to a tenant and have them cover your mortgage. Either way, you do not want to miss out on this rare investment opportunity.

    Drake Hunter RE/MAX Concepts Bettendorf

    Section Image
  • 1002 19th St, Rock Island, IL 61201

    $69,900

    • 4 Beds
    • 2,816 Sq Ft
    • 1002 19th St
    • Rock Island, IL

    Great opportunity to own an affordable property in the Historic Broadway District! Needs a little TLC, but the building ids Solid and fully occupied. Make an Offer!

    Marian Stallings EXIT Realty Fireside

    Section Image

Range of Values:

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
15Th Avenue Rock Island Llc $49,000 Gomez Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 15Th Avenue Rock Island Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2020 11/11/20 Sold $49,000 -10.7% $17 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $54,900 0.0% $19 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $54,900 -99.9% $19 / Sq Ft
04/30/2020 04/30/20 Price Changed $54,900,000 +3.8% $19,063 / Sq Ft
04/24/2020 04/24/20 For Sale $52,900,000 -- $18,368 / 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
2023 $1,919 $17,951 $1,344 $16,607
2022 $1,728 $16,658 $1,262 $15,396
2021 $1,711 $15,986 $1,211 $14,775
2020 $1,689 $15,596 $1,181 $14,415
2019 $1,624 $15,596 $1,181 $14,415
2018 $1,624 $15,290 $1,158 $14,132
2017 $1,572 $15,064 $1,141 $13,923
2016 $1,516 $14,769 $1,119 $13,650
2015 $1,454 $13,999 $1,061 $12,938
2014 -- $14,743 $1,067 $13,676
2013 -- $14,743 $1,067 $13,676
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: QC4211146

RMLS Alliance

APN: 16-02-141-002