$164,200
SOLD JUL 31, 2018

1538 W 3rd St Davenport, IA 52802

8 Beds
4 Baths
7,555 Sq Ft
0.31 Acres

Recently Sold

$22 Per Sq Ft

9% Below List Price

About This Home

As of July 2018

Three incomes all on one parcel, what could be better. 24 Hours Notice Required to Show "tenants rights".

Last Agent to Sell the Property

Michael Rebitzer

All City Realty License #S64188000/475.172382 Listed on: 05/29/2018

All City Realty

Last Buyer's Agent

Dan Ryan

RE/MAX Best Commercial License #B42898000/475.142840

RE/MAX Best Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Schools

  • Davenport West High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Conversion
  • Legal Description: Green's 2nd ADD
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full, Partial
  • Price Per Sq Ft: 21.73
  • Total Sq Ft: 7555

Exterior Features

  • Exterior: Wood Siding
  • Road Access: Curbs & Gutters

Garage/Parking

  • Number Parking Spaces: 5

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, Hot Water, Water Heater - Gas
  • Garbage Collection Exp: 2452
  • Gas Expense: 3936
  • Laundry Facilities: Private
  • Water Sewer Expenses: 2880

Schools

  • High School: Davenport West
  • High School: Davenport West

Lot Info

  • Estimated Lot Size: 13500
  • Lot Description: Level
  • Subdivision: Green

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 46620
  • Lease Information: Various Terms
  • Management Expense: 4122

Tax Info

  • Annual Taxes: 4528
  • Parcel Id Number Tax Id: K0006-24
  • Tax Year: 2017

Multi Family

  • Total Number Units: 9
  • Total Number Electric Meters: 7
  • Total Number Gas Meters: 7
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Gta Peterson Llc
Bought by
Gta 1538 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Outstanding Balance
$64,511
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$140,907
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
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $98,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $370,000 +125.3% $49 / Sq Ft
07/31/2018 07/31/18 Sold $164,200 -8.7% $22 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $179,900 -- $24 / 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 $9,120 $317,320 $40,500 $276,820
2023 $8,539 $317,320 $40,500 $276,820
2022 $9,527 $216,300 $40,500 $175,800
2021 $5,254 $207,930 $40,500 $167,430
2020 $9,833 $207,930 $40,500 $167,430
2019 $5,905 $193,470 $40,500 $152,970
2018 $5,720 $193,470 $40,500 $152,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4192909

RMLS Alliance

APN: K0006-23A