$127,500
SOLD NOV 20, 2024

1507 & 1507 1/2 18th St Rock Island, IL 61265

Willard-Wharton Neighborhood
-- Bed
-- Bath
2,128 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

9% Below List Price

83 Days on Market

Highlights

  • 3 Car Detached Garage
  • Level Lot
  • 3-minute walk to Kiwanis Park
  • Forced Air Heating System

About This Home

As of November 2024

Wonderful income opportunity for a wise investor. Sought after property that has had a solid renter history. Rents are lower at this time, but could be established between $850 to $950 per month. Lower unit renter mows and does snow removal. Each Unit pays their own utilities. This duplex is well cared for and is in great condition. Don't wait or it will be too late.

Last Agent to Sell the Property

Timothy Odey

KW 1Advantage Brokerage Phone: 563-570-2749 License #S33406000/475.136128 Listed on: 07/29/2024

KW 1Advantage

Last Buyer's Agent

Dave Sheffield

eXp Realty License #S69179000/ 475196189

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,359

Year Built

  • Built in 1902

Lot Details

  • Lot Dimensions are 48x140
  • Level Lot

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,128 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Detached Garage
  • Parking Pad
  • Alley Access

Schools

  • Moline High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Moores Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 17-05-231-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,359

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1902
  • New Construction: No
  • Structure Type: Other
  • PricePerSqFt: 59.92
  • Attribution Contact: Cell: 563-570-2749
  • Special Features: None

Interior Features

  • Basement: Full
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Alley, Paved
  • Construction Type: Aluminum Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, Assigned, Detached, Parking Garage, Parking Pad
  • Total Parking Spaces: 3

Utilities

  • Heating: Forced Air, Gas, Gas Water Heater, Window Unit(s)
  • Laundry Features: Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfWindowUnits: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Moline

Lot Info

  • Zoning: Residential
  • Lot Size: 48x140
  • Parcel #: 17-05-231-007

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3358.6
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Nov 19, 2024
Sold by
Willhouse Laurie A
Bought by
Steagall Darron M and Steagall Elizabeth L
Seller's Agent
Timothy Odey
KW 1Advantage
Buyer's Agent
Dave Sheffield
eXp Realty
List Price
$139,900
Sold Price
$127,500
Premium/Discount to List
-$12,400
-8.86%
Views
38
Current Estimated Value
$150,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,554
Avg. Annual Appreciation
20.08%
Original Mortgage
$102,400
Outstanding Balance
$101,186
Interest Rate
7.43%
Mortgage Type
New Conventional
Estimated Equity
$48,868
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 Type Sale Price Title Company
Warranty Deed $127,500 Gomez Title
Warranty Deed $127,500 Gomez Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $102,400 New Conventional
Closed $102,400 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2024 11/20/24 Sold $127,500 -8.9% $60 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $139,900 -- $66 / 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 $3,465 $45,279 $5,606 $39,673
2023 $3,465 $43,287 $5,359 $37,928
2022 $2,560 $34,135 $5,359 $28,776
2021 $2,526 $32,602 $5,118 $27,484
2020 $2,535 $32,407 $5,087 $27,320
2019 $2,478 $31,648 $4,968 $26,680
2018 $2,414 $31,276 $4,909 $26,367
2017 $2,349 $30,633 $4,808 $25,825
2016 $2,312 $30,121 $4,728 $25,393
2015 $2,251 $29,502 $4,631 $24,871
2014 -- $29,686 $4,660 $25,026
2013 -- $29,686 $4,660 $25,026
Source: Public Records

Agents Affiliated with this Home

  • Timothy Odey

    Seller's Agent in 2024

    Timothy Odey

    KW 1Advantage

    (563) 570-2749

    1 in this area

    130 Total Sales

    Timothy Odey
    Section Image
  • Dave Sheffield

    Buyer's Agent in 2024

    Dave Sheffield

    eXp Realty

    (563) 343-5412

    1 in this area

    153 Total Sales

    Dave Sheffield
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: QC4254960

RMLS Alliance

APN: 17-05-231-007

Illinois Rock Island County Rock Island 61265 Willard-Wharton

1507 & 1507 1/2 18th St, Rock Island, IL

This home is located at 1507 & 1507 1/2 18th St, Rock Island, IL 61265 and is currently priced at $127,500, approximately $59 per square foot. This property was built in 1902. 1507 & 1507 1/2 18th St is a home located in Rock Island County with nearby schools including Willard Elementary School, John Deere Middle School, and Moline Sr 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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