$69,000
SOLD JUN 15, 2020

1508 23rd Ave Unit 1510 Moline, IL 61265

Prospect Park Neighborhood
4 Beds
2 Baths
2,576 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

8% Below List Price

103 Days on Market

About This Home

As of January 2023

Side by side income property located in the heart of Moline with quick access to I-74, both units currently leased.

Last Agent to Sell the Property

Michael Rebitzer

All City Realty License #S64188000/475.172382 Listed on: 02/15/2020

All City Realty

Last Buyer's Agent

Jeff Dellitt

Ruhl&Ruhl REALTORS Bettendorf License #S32730000/475.142785

Ruhl&Ruhl REALTORS Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,209

Year Built

  • Built in 1920

Home Design

  • Duplex

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Moline High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,209

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: 1508 1510 23 AVE STEWARTS ADD W 57 FT OF E 87 FT LOT 18 BLK 1
  • Lvt Date: 02/18/2020
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 26.79
  • Total Sq Ft: 2576

Exterior Features

  • Exterior: Stucco
  • Road Access: Curbs & Gutters

Garage/Parking

  • Garage Parking: On-Street Parking

Utilities

  • Heating Cooling: Forced Air, Gas
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 600
  • Laundry Facilities: Units Hook-Ups
  • Water Sewer Expenses: 1200

Schools

  • High School: Moline
  • High School: Moline

Lot Info

  • Estimated Lot Size: 59x79
  • Lot Description: Level
  • Subdivision: Stewart
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 16800

Tax Info

  • Annual Taxes: 3209
  • Parcel Id Number Tax Id: 6835-1
  • Tax Year: 2018

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 16800
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2022
Closed on
Dec 20, 2022
Sold by
Midwest Homebuyers Llc
Bought by
Lewis Ty
Seller's Agent
Craig Stiles
Realty One Group Opening Doors
Buyer's Agent
Craig Stiles
Realty One Group Opening Doors
List Price
$190,000
Sold Price
$190,000
Total Days on Market
103
Current Estimated Value
$221,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,180
Avg. Annual Appreciation
4.73%
Original Mortgage
$184,300
Outstanding Balance
$178,895
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$33,209

Purchase Details

Closed on
Apr 14, 2022
Sold by
Kva Properties Llc
Bought by
Midwest Homebuyers Llc

Purchase Details

Listed on
Feb 15, 2020
Closed on
Jun 19, 2020
Sold by
Jbb Enterprises Llc
Bought by
Kva Properties Llc
Seller's Agent
Michael Rebitzer
All City Realty
Buyer's Agent
Jeff Dellitt
Ruhl&Ruhl REALTORS Bettendorf
List Price
$74,900
Sold Price
$69,000
Premium/Discount to List
-$5,900
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.41%
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 $190,000 --
Warranty Deed $60,000 None Listed On Document
Warranty Deed $69,000 Brooks Law Firm Pc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,300 New Conventional
Previous Owner $103,125 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $190,000 0.0% $74 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
11/27/2022 11/27/22 For Sale $190,000 +175.4% $74 / Sq Ft
06/15/2020 06/15/20 Sold $69,000 -6.6% $27 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
03/11/2020 03/11/20 Price Changed $73,900 -1.3% $29 / Sq Ft
02/15/2020 02/15/20 For Sale $74,900 -- $29 / 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 $5,782 $62,648 $3,449 $59,199
2022 $3,347 $36,781 $3,449 $33,332
2021 $3,335 $35,130 $3,294 $31,836
2020 $3,352 $34,920 $3,274 $31,646
2019 $3,209 $34,101 $3,197 $30,904
2018 $3,209 $33,602 $3,159 $30,443
2017 $3,138 $32,911 $3,094 $29,817
2016 $3,101 $32,361 $3,042 $29,319
2015 $3,036 $31,695 $2,979 $28,716
2014 -- $31,019 $2,915 $28,104
2013 -- $31,019 $2,915 $28,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4209443

RMLS Alliance

APN: 17-05-425-002