NOT LISTED FOR SALE

1641 W 3rd St Davenport, IA 52802

Estimated Value: $37,000 - $136,000

5 Beds
3 Baths
2,748 Sq Ft
$35/Sq Ft Est. Value

Last Sold October 30, 2013

Last sale price $60,000 $22 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $712/month

85 Days on Market

About This Home

As of October 2013

Cash Cow! Same owner for almost 30 years! 3-unit conversion with 2 2-3 bedroom units and one amazing studio with soaring ceilings and tons of character! 1st floor is a family rental and was rented for $500 a month in the past and can again for a gross total income of $15,600 per year! Solid building with great cash flow!

Last Listed By

Marty Eilers

BUY SELL BUILD QC - Real Broker, LLC License #S44292000/475.140830 Listed on: 07/11/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,189

Schools

  • Davenport Elementary School
  • Davenport High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Conversion
  • Legal Description: On file
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 21.83
  • Total Sq Ft: 2748

Exterior Features

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

Garage/Parking

  • Number Parking Spaces: 5

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas
  • Laundry Facilities: Common, Units Hook-Ups

Schools

  • Elementary School: Davenport
  • Middle School: Davenport
  • High School: Davenport
  • Elementary School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 59 x 150
  • Lot Description: Level
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 13200
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 2958
  • Parcel Id Number Tax Id: K0005-40
  • Tax Year: 2011

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 13200
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 3

MLS Schools

  • Middle School: Davenport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2013
Closed on
Oct 30, 2013
Sold by
Strohbehn Steven Lee
Bought by
Sleck Properties Llc
Seller's Agent
Marty Eilers
BUY SELL BUILD QC - Real Broker, LLC
Buyer's Agent
Jill Slyter
RE/MAX Concepts Bettendorf
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Total Days on Market
85
Current Estimated Value
$96,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,073
Avg. Annual Appreciation
5.44%

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
Sleck Properties Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jabatta Properties Llc $47,349
Closed Sleck Properties Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2013 10/30/13 Sold $60,000 -20.0% $22 / Sq Ft
10/04/2013 10/04/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $75,000 -- $27 / 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 $2,144 $122,900 $24,560 $98,340
2023 $2,286 $122,900 $24,560 $98,340
2022 $2,489 $76,670 $24,560 $52,110
2021 $1,874 $74,190 $24,560 $49,630
2020 $2,199 $74,190 $24,560 $49,630
2019 $2,235 $63,400 $24,560 $38,840
2018 $2,226 $63,400 $24,560 $38,840
2017 $2,787 $63,400 $24,560 $38,840
2016 $3,305 $71,400 $0 $0
2015 $2,424 $71,400 $0 $0
2014 $2,560 $71,400 $0 $0
2013 $2,722 $0 $0 $0
2012 -- $71,400 $13,700 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4144424

RMLS Alliance

APN: K0005-40