NOT LISTED FOR SALE

Estimated Value: $101,000 - $169,000

3 Beds
2 Baths
1,431 Sq Ft
$100/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $71,000 $50 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $947/month

103 Days on Market

Highlights

  • Living Room
  • Forced Air Heating System
  • Dining Room
  • Property is near schools

About This Home

As of February 2022

Attn Investors. 2 unit multifamily home in Davenport. 1 bedroom and 1 bath upstairs, 2 bedroom and 1 bath/laundry down stairs. 2 car garage off alley. Both units are occupied. Month to Month leases. $600.00 for upper unit and $650.00 for the lower unit. Needs some interior TLC. Roof 10 years, Water Heater 2018,Showings require a 72 hour notice. Buyer and Buyers Agent to confirm Schools. Buyer & Buyers agent to verify all measurements, sq. ft, taxes, zoning, and features. Owner pays trash, water, sewer. Tenants pay gas and electric (Mid American).

Last Agent to Sell the Property

Jeff Wallick

Keller Williams Legacy Group Listed on: 10/18/2021

Keller Williams Legacy Group

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,221

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 62 x 180

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 1,431 Sq Ft Home
  • Living Room
  • Dining Room
  • Partial Basement
  • No Kitchen Appliances

Location

  • Property is near schools
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number AA0054-34

Community Details

Overview

  • 2 Units
  • Mitchell Subdivision

Building Details

  • Electric Expense $1,300
  • Fuel Expense $1,200
  • Insurance Expense $900
  • Water Sewer Expense $300
  • Gross Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,221

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: Attn Investors. 2 unit multifamily home in Davenport. 1 bedroom and 1 bath upstairs, 2 bedroom and 1 bath/laundry down stairs. 2 car garage off alley. Both units are occupied. Month to Month leases. $600.00 for upper unit and $650.00 for the lower unit. Needs some interior TLC. Roof 10 years, Water Heater 2018,Showings require a 72 hour notice. Buyer and Buyers Agent to confirm Schools. Buyer & Buyers agent to verify all measurements, sq. ft, taxes, zoning, and features. Owner pays trash, water, sewer. Tenants pay gas and electric (Mid American).
  • Year Built: 1920
  • Tax Year Report: 2021
  • Subdivision: Mitchell
  • Rental Permit: Yes
  • Water Annually: 300
  • Directions: Kimberly Rd to Hickory Rd and Left on W High St
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • Amenities: Sidewalks, Close to School, Close to Shopping
  • Basement Remarks: Partial, See Renmarks
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Sq Ft Above: 1431

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 2 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer
  • Electric Annually: 1300
  • Gas Annually: 1200
  • Heating Cooling: Window/Wall Units, Gas, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 62 x 180
  • Zoning: Multi Family

Tax Info

  • Gross Tax County City: 1822
  • Assessor Parcel Number: AA0054-34

Multi Family

  • Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2022
Sold by
Qc Res Llc
Bought by
Bielefeldt Erik T
Current Estimated Value
$143,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Outstanding Balance
$98,473
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$43,472

Purchase Details

Listed on
Oct 18, 2021
Closed on
Feb 10, 2022
Sold by
Coiner William H and Coiner Maxine Margaret
Bought by
Qc Res Llc
Seller's Agent
Jeff Wallick
Keller Williams Legacy Group
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$83,500
Sold Price
$71,000
Premium/Discount to List
-$12,500
-14.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.09%
Original Mortgage
$118,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2011
Closed on
Mar 29, 2012
Sold by
Behal David R and Behal Elizabeth A
Bought by
Coiner William H
Seller's Agent
Tom Behal
Mel Foster Co. Davenport
Buyer's Agent
Chris Holvoet
3% Listing Company, LLC
List Price
$79,900
Sold Price
$72,000
Premium/Discount to List
-$7,900
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.14%
Original Mortgage
$57,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2011
Closed on
Mar 28, 2012
Sold by
Hein Devota Eunice Houston
Bought by
Coiner William H
Seller's Agent
Tom Behal
Mel Foster Co. Davenport
Buyer's Agent
Chris Holvoet
3% Listing Company, LLC
List Price
$79,900
Sold Price
$72,000
Premium/Discount to List
-$7,900
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Bielefeldt Erik T $145,000 --
Qc Res Llc $71,000 None Listed On Document
Coiner William H $24,000 None Available
Coiner William H $24,000 None Available
Coiner William H $24,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bielefeldt Erik T $101,500
Previous Owner Qc Res Llc $118,000
Previous Owner Coiner William H $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $71,000 -15.0% $50 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
10/18/2021 10/18/21 For Sale $83,500 +16.0% $58 / Sq Ft
03/29/2012 03/29/12 Sold $72,000 -9.9% $45 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
11/17/2011 11/17/11 For Sale $79,900 -- $50 / Sq Ft
Source: Iowa City Area Association of REALTORS®

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 $2,221 $125,750 $26,290 $99,460
2023 $2,407 $125,750 $26,290 $99,460
2022 $1,946 $103,200 $26,290 $76,910
2021 $1,946 $99,620 $26,290 $73,330
2020 $1,778 $90,680 $26,290 $64,390
2019 $1,736 $85,910 $26,290 $59,620
2018 $1,696 $85,910 $26,290 $59,620
2017 $478 $85,910 $26,290 $59,620
2016 $1,690 $85,910 $0 $0
2015 $1,690 $90,160 $0 $0
2014 $1,810 $90,160 $0 $0
2013 $1,774 $0 $0 $0
2012 -- $92,020 $25,030 $66,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202105702

Iowa City Area Association of REALTORS®

APN: A0054-34