NOT LISTED FOR SALE

Estimated Value: $93,000 - $167,000

5 Beds
2 Baths
1,926 Sq Ft
$66/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $78,000 $40 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $855/month

133 Days on Market

About This Home

As of February 2021

Solid 2-story duplex in convenient West Davenport location. 2 units, 2 bedrooms and 1 bath each. Main floor unit kitchen has a butler pantry. Each unit has stove, refrigerator and 2 window ac units. Detached 2 car garage is used by the main floor unit with 1 parking space off the alley. 2 additional parking spaces off the alley for the upper unit. Separate entries. Heat, water, sewer & garbage pickup paid by owner. New roof with tearoff and gutters July 2019. Updated bath on the main 2019, updated electric breaker boxes, new eff furnace 2016. Main floor unit with 3 season porch at entry and covered porch at the back. Basement is a walk up to the exterior. Main Floor unit is rented month to month. The upper unit is vacant with new carpet, plank flooring, new blinds and freshly painted.

Last Listed By

Paula Ruefer

Mel Foster Co. Davenport License #S24064000/475.135837 Listed on: 09/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 1870

Lot Details

  • 9,148

Schools

  • Davenport Central High School

Additional Features

  • Partial Basement
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,522

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Conversion
  • Legal Description: LOT 11 BLOCK 3 STURDEVANT'S 2ND ADD
  • Lvt Date: 09/01/2020
  • Year Built: 1870
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Partial, Stone, Walk-Out
  • Price Per Sq Ft: 40.5
  • Total Sq Ft: 1926

Exterior Features

  • Road Access: Alley, Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Alley, Assigned, Detached, Guest Parking, On-Street Parking, Parking Garage
  • Number Parking Spaces: 5

Utilities

  • Heating Cooling: Forced Air, Gas
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 387
  • Gas Expense: 1056
  • Water Sewer Expenses: 1321
  • Number Window Units: 3

Schools

  • High School: Davenport Central
  • High School: Davenport Central

Lot Info

  • Estimated Lot Size: 72 x 126
  • Estimated Number of Acres: 0.21
  • Lot Description: Level
  • Subdivision: Sturdevant
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 14820
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 1522
  • Parcel Id Number Tax Id: H0007-28
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 14820
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Feb 9, 2021
Sold by
Vanfossen James R and Vanfossen Cathy M
Bought by
Atlas Real Estate Llc
Seller's Agent
Paula Ruefer
Mel Foster Co. Davenport
Buyer's Agent
Daylin Lloyd
Ruhl&Ruhl REALTORS Moline
List Price
$84,900
Sold Price
$78,000
Premium/Discount to List
-$6,900
-8.13%
Total Days on Market
133
Current Estimated Value
$127,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,250
Avg. Annual Appreciation
11.74%
Original Mortgage
$62,400
Outstanding Balance
$56,482
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$68,388

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
Atlas Real Estate Llc $78,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atlas Real Estate Llc $62,400
Previous Owner Vanfossen James R $18,608
Previous Owner Vanfossen James R $66,412
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $78,000 -8.1% $40 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
09/01/2020 09/01/20 For Sale $84,900 -- $44 / 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 $1,792 $116,490 $22,000 $94,490
2023 $1,742 $102,730 $22,000 $80,730
2022 $1,762 $81,590 $22,000 $59,590
2021 $1,680 $78,280 $22,000 $56,280
2020 $1,522 $75,770 $22,000 $53,770
2019 $1,462 $65,190 $22,000 $43,190
2018 $1,400 $65,190 $22,000 $43,190
2017 $354 $63,720 $22,000 $41,720
2016 $1,396 $63,720 $0 $0
2015 $1,396 $64,260 $0 $0
2014 $1,428 $64,260 $0 $0
2013 $1,402 $0 $0 $0
2012 -- $74,950 $15,710 $59,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4214905

RMLS Alliance

APN: H0007-28