NOT LISTED FOR SALE

Estimated Value: $82,000 - $139,000

4 Beds
4 Baths
2,326 Sq Ft
$46/Sq Ft Est. Value

Last Sold February 02, 2012

Last sale price $35,000 $15 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $728/month

4 Days on Market

About This Home

As of February 2012

GOOD INVESTOR OR FAMILY INCOME PROPERTY. TENANT PAYS GAS & ELECTRIC. OWNER PAYS WATER & SEWER. PARTIAL NEW ROOF IN 2009, CURRENTLY TWO ONE BEDROOMS RENTED. TWO BEDROOM VACANT BECAUSE OF RECENT UPDATING BEING DONE! "AS IS - WHERE IS". GREAT OPPORTUNITY. SELLER TO PAY CLOSING COSTS NOT TO EXCEED $2000.

Last Listed By

Debra Roche

Barker Roche Real Estate License #471.007830/B32913000 Listed on: 01/09/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,793

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Davenport High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: LENGTHY
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 15.05
  • Total Sq Ft: 2326

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved

Utilities

  • Heating Cooling: Forced Air, Gas

Schools

  • High School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 5403 SQ FT
  • Lot Description: Level
  • Subdivision: Allen
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 12300

Tax Info

  • Annual Taxes: 2741
  • Parcel Id Number Tax Id: G0023-38

Multi Family

  • Total Number Units: 3
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2012
Closed on
Feb 2, 2012
Sold by
Grothus Daniel Edward and Grothus Daniel E
Bought by
Mad Ventures Llc
Seller's Agent
Debra Roche
Barker Roche Real Estate
Buyer's Agent
Brent Scogland
Ruhl&Ruhl REALTORS Bettendorf
List Price
$46,000
Sold Price
$35,000
Premium/Discount to List
-$11,000
-23.91%
Total Days on Market
4
Current Estimated Value
$107,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,243
Avg. Annual Appreciation
8.16%
Original Mortgage
$150,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

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
Mad Ventures Llc $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mad Ventures Llc $146,638
Closed Mad Ventures Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2012 02/02/12 Sold $35,000 -23.9% $15 / Sq Ft
01/13/2012 01/13/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $46,000 -- $20 / 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 $1,529 $59,950 $17,360 $42,590
2023 $1,226 $64,430 $17,360 $47,070
2022 $1,206 $57,370 $17,360 $40,010
2021 $1,206 $56,200 $17,360 $38,840
2020 $1,220 $56,200 $17,360 $38,840
2019 $1,402 $49,140 $17,360 $31,780
2018 $1,080 $49,140 $17,360 $31,780
2017 $273 $49,140 $17,360 $31,780
2016 $984 $44,900 $0 $0
2015 $984 $0 $0 $0
2014 $1,416 $0 $0 $0
2013 $1,506 $0 $0 $0
2012 -- $39,500 $12,600 $26,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4131482

RMLS Alliance

APN: G0023-38