NOT LISTED FOR SALE

1501 Crosstown Ave Silvis, IL 61282

Estimated Value: $266,471 - $326,000

8 Beds
4 Baths
3,574 Sq Ft
$84/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $230,000 $64 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,245/month

4 Days on Market

About This Home

As of November 2019

Well kept Four-Plex in Silvis for sale. Each unit has two bedrooms, one full bath and a comfy living room. The pictures you see is from Unit C, garden level and vacant. New updates - Windows (2014), Furnace & A/C (2017), Water Heater (2017), Newer Flooring, Shower, Trim and Paint. This property is across for Friendship Park, minutes from Genesis Hospital and a few miles from shopping. Call or schedule your showing soon!

Last Agent to Sell the Property

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 10/09/2019

RE/MAX Concepts Bettendorf

Last Buyer's Agent

Andria Henning

Epique Realty License #475.185036/S67008000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,966

Year Built

  • Built in 1978

Lot Details

  • 0.28

Home Design

  • Quadruplex

Basement

  • Block Basement Construction

Schools

  • United Township High School

Listing and Financial Details

  • Tenant pays for garbage collection, gas & electric, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,966

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Four-Plex
  • Legal Description: LOT 30 MORNINGSIDE ADD
  • Lvt Date: 10/10/2019
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Price Per Sq Ft: 64.35
  • Total Sq Ft: 3574

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved

Garage/Parking

  • Garage Parking: Parking Slab
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: United Township
  • High School: United Township

Lot Info

  • Estimated Lot Size: 121 x 101
  • Estimated Number of Acres: 0.281
  • Lot Description: Level
  • Subdivision: Morningside
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Garbage Collection, Gas & Electric, Water
  • Gross Annual Rent Income: 27000
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 5966.4
  • Parcel Id Number Tax Id: 06-7812
  • Tax Year: 2018

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 27000
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2021
Sold by
Mary Timler
Bought by
Timler Properties Llc-Series 1501 Crosstown
Current Estimated Value
$290,557

Purchase Details

Listed on
Oct 9, 2019
Closed on
Nov 21, 2019
Sold by
Cederoth Properties Inc
Bought by
Timler Mary
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Andria Henning
Epique Realty
List Price
$119,900
Sold Price
$230,000
Premium/Discount to List
$110,100
91.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$172,500
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Timler Properties Llc-Series 1501 Crosstown -- Pepping Jerry J
Timler Mary $230,000 Gomez Title
Cederoth Properties Inc -- Mason And Scott Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Timler Mary $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $230,000 -2.5% $64 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
10/10/2019 10/10/19 Price Changed $236,000 +96.8% $66 / Sq Ft
10/09/2019 10/09/19 For Sale $119,900 0.0% $34 / Sq Ft
02/22/2016 02/22/16 Rented $800 -3.0% --
02/22/2016 02/22/16 Under Contract -- -- --
01/29/2016 01/29/16 For Rent $825 -- --
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 $7,849 $80,688 $9,288 $71,400
2023 $7,849 $64,392 $7,412 $56,980
2022 $6,251 $62,638 $7,210 $55,428
2021 $6,140 $59,883 $6,893 $52,990
2020 $6,099 $59,115 $6,805 $52,310
2019 $5,966 $58,041 $6,681 $51,360
2018 $5,966 $58,041 $6,681 $51,360
2017 $5,814 $56,958 $6,556 $50,402
2016 $5,798 $56,674 $6,523 $50,151
2015 $5,699 $55,563 $6,395 $49,168
2014 $1,299 $54,171 $6,235 $47,936
2013 $1,299 $54,171 $6,235 $47,936
Source: Public Records

Agents Affiliated with this Home

  • Richard Bassford

    Seller's Agent in 2019

    Richard Bassford

    RE/MAX

    (309) 292-3681

    58 in this area

    1,660 Total Sales

    Section Image
  • Andria Henning

    Buyer's Agent in 2019

    Andria Henning

    Epique Realty

    (309) 781-2685

    4 in this area

    228 Total Sales

    Section Image

  • B

    Seller's Agent in 2016

    Brenda Williams

    RE/MAX

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAQC4206717

RMLS Alliance

APN: 18-05-113-031

Illinois Rock Island County Silvis 61282

1501 Crosstown Ave, Silvis, IL

This home is located at 1501 Crosstown Ave, Silvis, IL 61282 since 09 October 2019 and is currently estimated at $300,368, approximately $84 per square foot. This property was built in 1978. 1501 Crosstown Ave is a home located in Rock Island County with nearby schools including Bowlesburg Elementary School, Glenview Middle 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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