Seller's Agent in 2021
George Karfis
LPT Realty, LLC
(563) 370-0002
1 in this area
49 Total Sales
1560 7th Ave Moline, IL 61265
Overlook NeighborhoodEstimated Value: $279,652
4
Beds
2
Baths
6,876
Sq Ft
$41/Sq Ft
Est. Value
About This Home
As of December 2021All brick 6 unit investment property in the Heart of Downtown Moline. Walking distance to restaurants, riverfront and shopping. New boiler system was installed in 2017, new gutters in 2021 and the property has updated vinyl windows. All units are 2 bedroom, 1 bath and rent for $650 monthly.
Last Agent to Sell the Property
LPT Realty, LLC License #S64164000/475.170028 Listed on: 08/11/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,651
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 50x54
Home Design
- 6,876 Sq Ft Home
- Brick Exterior Construction
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Gas
- Separate Meters
Additional Features
- Unfinished Basement
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $1,200
- Fuel Expense $2,821
- Trash Expense $1,275
- Water Sewer Expense $2,364
- Operating Expense $9,366
- Gross Income $47,100
- Net Operating Income $37,734
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2021
Closed on
Dec 9, 2021
Sold by
Parkwild Properties Llc
Bought by
Mlj Real Estate Holdings Llc
Seller's Agent
George Karfis
LPT Realty, LLC
Buyer's Agent
Connie Coster
Ruhl&Ruhl REALTORS Bettendorf
List Price
$395,000
Sold Price
$335,000
Premium/Discount to List
-$60,000
-15.19%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,348
Original Mortgage
$256,000
Outstanding Balance
$236,657
Interest Rate
3.5%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mlj Real Estate Holdings Llc | $335,000 | Gomez Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mlj Real Estate Holdings Llc | $256,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2021 12/09/21 | Sold | $335,000 | -15.2% | $49 / Sq Ft |
| 10/27/2021 10/27/21 | Pending | -- | -- | -- |
| 08/11/2021 08/11/21 | For Sale | $395,000 | -- | $57 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $9,122 | $103,396 | $4,284 | $99,112 |
| 2023 | $9,122 | $62,011 | $4,096 | $57,915 |
| 2022 | $5,642 | $62,011 | $4,096 | $57,915 |
| 2021 | $5,623 | $59,227 | $3,912 | $55,315 |
| 2020 | $5,651 | $58,874 | $3,889 | $54,985 |
| 2019 | $5,398 | $57,494 | $3,798 | $53,696 |
| 2018 | $5,398 | $56,517 | $3,753 | $52,764 |
| 2017 | $5,279 | $55,355 | $3,676 | $51,679 |
| 2016 | $5,217 | $54,430 | $3,615 | $50,815 |
| 2015 | $5,107 | $53,311 | $3,541 | $49,770 |
| 2014 | $1,205 | $54,898 | $3,647 | $51,251 |
| 2013 | $1,205 | $54,898 | $3,647 | $51,251 |
Source: Public Records
Agents Affiliated with this Home
-
George Karfis
-
Connie Coster
Buyer's Agent in 2021
Connie Coster
Ruhl&Ruhl REALTORS Bettendorf
(309) 292-1881
1 in this area
165 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: QC4225147
APN: 08-32-420-003
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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