NOT LISTED FOR SALE

Estimated Value: $142,000 - $185,000

6 Beds
2 Baths
2,646 Sq Ft
$62/Sq Ft Est. Value

Last Sold June 23, 2014

Last sale price $123,000 $46 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,203/month

14 Days on Market

About This Home

As of June 2014

This home is located at 1704 Farnam St, Davenport, IA 52803 since 30 April 2014 and is currently estimated at $163,422, approximately $61 per square foot. This property was built in 1950. 1704 Farnam St is a home located in Scott County with nearby schools including Madison Elementary School, Sudlow Intermediate School, and Central High School.

Last Listed By

David Sodemann

Realty One Group Opening Doors License #S40846000 Listed on: 04/30/2014

Realty One Group Opening Doors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,274

Year Built

  • Built in 1950

Lot Details

  • 7,492

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

Est. Annual Taxes

$2,274

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: Louderbachs 1st Addn
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 46.49
  • Total Sq Ft: 2646

Exterior Features

  • Exterior: Brick
  • Road Access: Curbs & Gutters

Garage/Parking

  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Oil, Central Air
  • Laundry Facilities: No Laundry Equipment

Schools

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

Lot Info

  • Estimated Lot Size: 50 x 150
  • Lot Description: Level
  • Subdivision: Louderbach
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Annual Taxes: 2274
  • Parcel Id Number Tax Id: F0003-03
  • Tax Year: 2014

Multi Family

  • Total Number Units: 2
  • Total Number Central Air Units: 2
  • 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: Davenport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2014
Sold by
Pease Michael S and Ambrosia Michael J
Bought by
A P Properties Llc
Total Days on Market
14
Current Estimated Value
$163,422

Purchase Details

Listed on
Apr 30, 2014
Closed on
Jun 23, 2014
Sold by
Wakobi L L C
Bought by
Pease Michael S and Ambrosia Michael J
Seller's Agent
David Sodemann
Realty One Group Opening Doors
Buyer's Agent
Nettie Willey
Ruhl&Ruhl REALTORS Bettendorf
List Price
$130,000
Sold Price
$123,000
Premium/Discount to List
-$7,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$98,400
Interest Rate
4.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2011
Sold by
Wainwright Kelly A
Bought by
Obrien William J

Purchase Details

Closed on
Mar 24, 2010
Sold by
Wakobia Llc
Bought by
Obrien William J and Wainwright Obrien Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2006
Sold by
Wakobi L L C
Bought by
Wakobi L L C

Purchase Details

Closed on
Dec 22, 2005
Sold by
Brien William O and Brien Kelly Wainwright O
Bought by
Wakobia L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.48%
Mortgage Type
New Conventional

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
A P Properties Llc -- None Available
Pease Michael S $123,000 None Available
Obrien William J -- None Available
Obrien William J -- None Available
Wakobi Llc -- None Available
Wakobi L L C -- None Available
Wakobia L L C -- None Available
Obrien William J $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A P Properties Llc $97,500
Previous Owner Pease Michael S $98,400
Previous Owner Wakobi Llc $93,206
Previous Owner Obrien William J $97,500
Previous Owner Obrien William J $100,000
Previous Owner O'Brien William J $12,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2014 06/23/14 Sold $123,000 -5.4% $46 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $130,000 -- $49 / 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 $3,454 $145,190 $17,500 $127,690
2023 $3,360 $145,190 $17,500 $127,690
2022 $2,776 $108,650 $10,500 $98,150
2021 $2,436 $113,560 $10,500 $103,060
2020 $2,588 $98,840 $10,500 $88,340
2019 $3,264 $119,080 $10,500 $108,580
2018 $1,274 $119,080 $10,500 $108,580
2017 $662 $119,080 $10,500 $108,580
2016 $3,520 $119,080 $0 $0
2015 $2,608 $109,400 $0 $0
2014 $2,430 $109,400 $0 $0
2013 $2,388 $0 $0 $0
2012 -- $104,890 $12,180 $92,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4151586

RMLS Alliance

APN: F0003-03