NOT LISTED FOR SALE

1607 5th Ave Moline, IL 61265

Downtown Moline Neighborhood
Studio
-- Bath
2,211 Sq Ft
2,614 Sq Ft Lot

Last Sold April 13, 2015

Last sale price $54,000 $24 Per Sq Ft

69 Days on Market

Highlights

  • Partial Air Conditioning Available
  • Forced Air Heating System
  • 5-minute walk to Butterworth Dog Park

About This Home

As of April 2015

Own for less than renting! Consistently rented apartment. First floor is in vanilla shell condition with new HVAC unit. Basement can be made available for storage. Apartment rents for $875/mo. Tenant pays all utilities. Newer roof, widows, & mechanicals. Newly expanded parking, street scaping and sidewalk on 5th Avenue. Seller related to LA. Monthly lease on first floor space of $1,820.

Last Agent to Sell the Property

Ted Rebitzer

Quad Cities Iowa Realty - Davenport License #B38620000/475.137470 Listed on: 01/16/2015

Quad Cities Iowa Realty - Davenport

Last Buyer's Agent

Chris True

eXp Realty License #475.158882/B63110000

eXp Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1920

Lot Details

  • 2,614

Utilities

  • Partial Air Conditioning Available
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for all
  • The owner pays for structural maintenance

Property Details

Property Type

Other

Est. Annual Taxes

$2,372

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1920
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood
  • Total Building Sq Ft: 3080
  • Estimated Lot Sq Ft: 2371

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street
  • Insulation: Other Insulation
  • Roof Construction: Comp Roll
  • Wall Construction: Block

Utilities

  • Cooling: Individual Units, Partial
  • Heating: Forced Air, Gas

Lot Info

  • Estimated Number of Acres: 0.06
  • Zoning: B2
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 8.5
  • Owner Pays: Structural Maintenance
  • Sale Lease Includes: Building
  • Tenant Pays: All
  • Terms Lease: 3 Years, 5 Years

Tax Info

  • Annual Taxes: 2372
  • Parcel Id Number Tax Id: 08-3391700-5498
  • Estimated Taxes Sq Ft: 0.75
  • Tax Incentive: Enterprize Zone, TIF District
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2018
Sold by
Rebitzer Properties Llc
Bought by
Cruz Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cruz Jesus $140,394 Gomez Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cruz Jesus $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2015 04/13/15 Sold $54,000 -72.9% $24 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $199,000 -- $90 / 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 $2,769 $28,622 $5,002 $23,620
2023 $2,769 $27,363 $4,782 $22,581
2022 $2,543 $27,363 $4,782 $22,581
2021 $2,620 $26,134 $4,567 $21,567
2020 $2,722 $25,978 $4,540 $21,438
2019 $2,591 $25,370 $4,434 $20,936
2018 $2,591 $25,071 $4,381 $20,690
2017 $2,552 $24,555 $4,291 $20,264
2016 $2,515 $24,144 $4,219 $19,925
2015 $2,468 $23,647 $4,132 $19,515
2014 -- $24,069 $4,206 $19,863
2013 -- $24,069 $4,206 $19,863
Source: Public Records

Agents Affiliated with this Home

  • Ted Rebitzer

    Seller's Agent in 2015

    Ted Rebitzer

    Quad Cities Iowa Realty - Davenport

    (563) 650-5650

    1 in this area

    38 Total Sales

    Ted Rebitzer
    Section Image
  • Chris True

    Buyer's Agent in 2015

    Chris True

    eXp Realty

    (563) 940-9929

    28 Total Sales

    Chris True
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC7032759

RMLS Alliance

APN: 08-32-401-006

Illinois Rock Island County Moline 61265 Downtown Moline

1607 5th Ave, Moline, IL

Not Listed for Sale

Other

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