NOT LISTED FOR SALE

1609 Iowa St Davenport, IA 52803

Central Davenport Neighborhood

Estimated Value: $134,000 - $175,000

5 Beds
3 Baths
3,466 Sq Ft
$45/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $30,000 $9 Per Sq Ft

Est. 419% increase in value since last sale

Current estimated payment $980/month

11 Days on Market

Highlights

  • 2 Car Detached Garage
  • Fenced
  • Level Lot
  • Hot Water Heating System

About This Home

As of November 2020

HUD HOME. FHA 203K ELIGIBLE. Per FHA appraisal the TOTAL SQ FT is 3466. 2 units; a side by side duplex. Great cash flow potential - close to retail/commerce/bus routes. HUD Home. Sold “AS IS” by elec. bid only. Prop avail 10-19-20.Bids due by 10-23-20 11:59 PM Central Time then daily until sold. FHA Case#161-229840. Uninsured- UI. For Prop conditions, Forms, Disclosures & Availability please visit www.HUDHomestore.com. For additional forms, updates, step-by-step videos & free photo list, please visit www.BLBResources.com. BLB Resources makes no warranty as to condition of property. Buyer to verify all info. Repairs exceed $10,000. Repairs include (but may not be limited to): Plumbing and drain system repair per PCR, HVAC system repair per PCR, Electrical system repair per PCR, Plaster repair, defective interior paint surfaces.

Last Agent to Sell the Property

Gabriel Serrano

Homeology Solutions QCA License #B42703000/471.022132 Listed on: 10/19/2020

Last Buyer's Agent

Gabriel Serrano

Homeology Solutions QCA License #B42703000/471.022132 Listed on: 10/19/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1864

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 64x76x64x75
  • Fenced
  • Level Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 5 Bedrooms
  • 3,466 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Schools

  • Davenport High School

Utilities

  • Hot Water Heating System
  • Radiant Heating System

Community Details

  • Smith & Kelly Subdivision

Listing and Financial Details

  • Assessor Parcel Number F0002-17

Property Details

Home Type

Multi-Family

Year Built

Built in 1864

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1864
  • New Construction: No
  • Structure Type: Duplex
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 5

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • Construction Type: Other
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached, On Street
  • Total Parking Spaces: 2

Utilities

  • Heating: Hot Water, Radiant
  • Water Source: Public Sewer, Public
  • GasExpense: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size: 64x76x64x75
  • Parcel #: F0002-17

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1460
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2022
Sold by
Slm Ohio Investments Llc
Bought by
Farmer Travis
Current Estimated Value
$155,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Outstanding Balance
$11,069
Interest Rate
5.23%
Mortgage Type
Seller Take Back
Estimated Equity
$144,528

Purchase Details

Listed on
Oct 19, 2020
Closed on
Nov 25, 2020
Sold by
Secretary Of Housing And Urban Developme
Bought by
Slm Ohio Investments Llc
Seller's Agent
Gabriel Serrano
Homeology Solutions QCA
Buyer's Agent
Gabriel Serrano
Homeology Solutions QCA
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.71%

Purchase Details

Closed on
Nov 29, 2007
Sold by
Estate Of Olivemae Gugelmeyer
Bought by
Scott Helen and Scott Dawl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,451
Interest Rate
6.47%
Mortgage Type
FHA
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
Farmer Travis $27,500 None Listed On Document
Slm Ohio Investments Llc -- None Listed On Document
Scott Helen $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Travis $27,500
Previous Owner Scott Helen $69,451
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $30,000 0.0% $9 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $30,000 -- $9 / 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
2025 $1,972 $118,230 $16,280 $101,950
2024 $1,926 $110,390 $16,280 $94,110
2023 $1,698 $110,390 $16,280 $94,110
2022 $1,706 $79,520 $9,770 $69,750
2021 $1,706 $79,520 $9,770 $69,750
2020 $1,460 $76,030 $9,770 $66,260
2019 $1,508 $67,200 $9,770 $57,430
2018 $729 $67,200 $9,770 $57,430
2017 $374 $67,200 $9,770 $57,430
2016 $1,490 $67,120 $0 $0
2015 $1,280 $71,940 $0 $0
2014 $1,404 $71,070 $0 $0
2013 $1,356 $0 $0 $0
2012 -- $69,590 $11,330 $58,260
Source: Public Records

Agents Affiliated with this Home

  • Gabriel Serrano

    Seller's Agent in 2020

    Gabriel Serrano

    Homeology Solutions QCA

    (563) 508-7355

    2 in this area

    84 Total Sales

    Gabriel Serrano
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Map

Source: RMLS Alliance

MLS Number: QC4216314

RMLS Alliance

APN: F0002-17

Iowa Scott County Davenport 52803 Central Davenport

1609 Iowa St, Davenport, IA

Not Listed for Sale

MultiFamily

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