NOT LISTED FOR SALE

1604 Farnam St Davenport, IA 52803

Central Davenport Neighborhood

Estimated Value: $103,000 - $130,861

4 Beds
3 Baths
2,058 Sq Ft
$55/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $84,000 $41 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $840/month

136 Days on Market

About This Home

As of April 2020

Great investment opportunity. Duplex on the main level is large with 2 bathrooms and extra living or storage space in basement. Both units have separate laundry. Lower unit has had a long term renter and the upper unit has a low to no vacancy rate.Only time vacant recently was for renovations. Property sits on a corner lot and has a two car detached garage that owner currently uses but could also be rented out for income. Must allow at least 24 hours notice for all showings.

Last Listed By

Ashley Pankey

Ruhl&Ruhl REALTORS Moline License #475.165400/S66408000 Listed on: 10/15/2019

Ruhl&Ruhl REALTORS Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,565

Year Built

  • Built in 1900

Lot Details

  • 0.26

Home Design

  • Duplex

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Madison Elementary School
  • Central High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,565

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Leclaires 8th add lot 004 block 120 Leclaires 8th add
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 2
  • Basement: Finished, Full
  • Price Per Sq Ft: 40.82
  • Total Sq Ft: 2058

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Paved
  • Roofing: Composition Rolled
  • Exterior Amentities: Fenced

Garage/Parking

  • Garage Parking: Detached
  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Wall Units
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Owned Equipment

Schools

  • Elementary School: Madison
  • Middle School: Williams
  • High School: Central
  • Elementary School: Madison
  • High School: Central

Lot Info

  • Estimated Lot Size: 75x157
  • Lot Description: Corner, Level
  • Subdivision: LeClaire
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 16080

Tax Info

  • Annual Taxes: 1565.01
  • Parcel Id Number Tax Id: F0003-01
  • Tax Year: 2018

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 16080
  • Total Number Central Air Units: 1
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

MLS Schools

  • Middle School: Williams

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Stickel Cole
Bought by
Stickel Capital Llc
Total Days on Market
136
Current Estimated Value
$114,215

Purchase Details

Listed on
Oct 15, 2019
Closed on
Mar 23, 2020
Sold by
Lodge Donovan L and Lodge Shawna
Bought by
Stickel Cole T
Seller's Agent
Ashley Pankey
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
Sherrie Moss-Brady
Ruhl&Ruhl REALTORS Davenport
List Price
$85,000
Sold Price
$84,000
Premium/Discount to List
-$1,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$82,478
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 27, 2012
Closed on
Feb 21, 2013
Sold by
Rindal Jeff and Rindal Teresa
Bought by
Lodge Donovan L
Seller's Agent
Glenn Eakes
Ruhl&Ruhl REALTORS Davenport
Buyer's Agent
Katie Hartrich
Ruhl&Ruhl REALTORS Moline
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$44,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 8, 2012
Sold by
Ensminger Joyce and Ensminger Jerald
Bought by
Rindal Jeff and Rindal Teresa T

Purchase Details

Closed on
Oct 6, 2006
Sold by
Rieke Robert Leroy and Rieke Robert L
Bought by
Rieke Robert Leroy and Ensminger Joyce

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 Buyer Sale Price Title Company
Stickel Capital Llc -- --
Stickel Cole T $84,000 Gomez Title And Closing Co
Lodge Donovan L $55,000 None Available
Rindal Jeff $67,000 None Available
Rieke Robert Leroy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stickel Cole T $82,478
Previous Owner Lodge Donovan L $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2020 04/14/20 Sold $84,000 -1.2% $41 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
10/30/2019 10/30/19 For Sale $85,000 0.0% $41 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $85,000 +54.5% $41 / Sq Ft
02/25/2013 02/25/13 Sold $55,000 -8.2% $27 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $59,900 -- $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
2024 $2,413 $105,990 $24,940 $81,050
2023 $2,670 $105,990 $24,940 $81,050
2022 $2,238 $84,980 $15,750 $69,230
2021 $1,824 $84,980 $15,750 $69,230
2020 $1,516 $69,750 $15,750 $54,000
2019 $1,566 $69,750 $15,750 $54,000
2018 $298 $69,750 $15,750 $54,000
2017 $373 $67,050 $15,750 $51,300
2016 $1,920 $72,670 $0 $0
2015 $1,592 $73,000 $0 $0
2014 $1,622 $73,000 $0 $0
2013 $1,594 $0 $0 $0
2012 -- $83,070 $18,270 $64,800
Source: Public Records

Agents Affiliated with this Home

  • Ashley Pankey

    Seller's Agent in 2020

    Ashley Pankey

    Ruhl&Ruhl REALTORS Moline

    (309) 721-8830

    1 in this area

    200 Total Sales

    Ashley Pankey
    Section Image
  • Sherrie Moss-Brady

    Buyer's Agent in 2020

    Sherrie Moss-Brady

    Ruhl&Ruhl REALTORS Davenport

    1 in this area

    35 Total Sales

    Sherrie Moss-Brady
    Section Image
  • Glenn Eakes

    Seller's Agent in 2013

    Glenn Eakes

    Ruhl&Ruhl REALTORS Davenport

    Section Image

  • K

    Buyer's Agent in 2013

    Katie Hartrich

    Ruhl&Ruhl REALTORS Moline

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Map

Source: RMLS Alliance

MLS Number: RMAQC4206914

RMLS Alliance

APN: F0003-01

Iowa Scott County Davenport 52803 Central Davenport

1604 Farnam St, Davenport, IA

Homes for Sale in Davenport, IA

This home is located at 1604 Farnam St, Davenport, IA 52803 since 15 October 2019 and is currently estimated at $114,215, approximately $55 per square foot. This property was built in 1900. 1604 Farnam St is a home located in Scott County with nearby schools including Madison Elementary School, Sudlow Intermediate School, and Central 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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