NOT LISTED FOR SALE

Estimated Value: $129,000 - $139,000

2 Beds
3 Baths
1,612 Sq Ft
$83/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $123,000 $76 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $886/month

10 Days on Market

About This Home

As of October 2022

Tri-plex property with two 1-bedroom units and one efficiency unit. Current rents are $800, $750, and $400 (vacant-remodel). Each unit separately metered for electric and cooking gas, 1 meter for water - steam heat paid by Owner. Updated windows, electrical panels, and great rental history.

Last Agent to Sell the Property

Alexander Kelly

NAI Ruhl Commercial Company License #475.134777/S60345000 Listed on: 09/02/2022

NAI Ruhl Commercial Company

Last Buyer's Agent

Sandi Lyn Burnett

My Real Estate Company, LLC License #S64241000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 1900

Lot Details

  • 6,229

Interior Spaces

  • 2-Story Property
  • Block Basement Construction

Schools

  • Davenport Central High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,364

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: KENT'S 1ST ADD Lot: 007 Block: 002 KENT'S 1ST ADD N 52
  • Lvt Date: 09/04/2022
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Basement: Block
  • Price Per Sq Ft: 76.3
  • Total Sq Ft: 1612

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking

Utilities

  • Heating Cooling: Hot Water
  • Water Sewer: Public Sewer, Public Water
  • Water Sewer Expenses: 440

Schools

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

Lot Info

  • Estimated Lot Size: 52x120
  • Lot Description: Level
  • Subdivision: Kent
  • Geo Subdivision: IA

Rental Info

  • Gross Annual Rent Income: 23400

Tax Info

  • Annual Taxes: 1364
  • Parcel Id Number Tax Id: F0004-41
  • Tax Year: 2021

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 23400
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 3
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 6, 2022
Sold by
Acosta Mizraim and Acosta Courtney
Bought by
First Quad Properties Llc
Seller's Agent
Alexander Kelly
NAI Ruhl Commercial Company
Buyer's Agent
Sandi Lyn Burnett
My Real Estate Company, LLC
List Price
$118,000
Sold Price
$123,000
Premium/Discount to List
$5,000
4.24%
Total Days on Market
10
Views
40
Current Estimated Value
$133,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,687
Avg. Annual Appreciation
3.19%
Original Mortgage
$92,250
Outstanding Balance
$49,312
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$84,375

Purchase Details

Closed on
Jul 18, 2012
Sold by
Wessel Brent
Bought by
Meyer Mark C and Meyer Molly M

Purchase Details

Closed on
Dec 18, 2008
Sold by
Estate Of Earl J Wessel
Bought by
Wessel Donna M and Earl J Wessel Family Trust

Purchase Details

Closed on
Aug 14, 2006
Sold by
Meyer Mark C and Meyer Molly M
Bought by
Quad City Consolidated L L C
Source: Public Records

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
First Quad Properties Llc $123,000 --
Meyer Mark C $32,000 None Available
Wessel Donna M -- None Available
Quad City Consolidated L L C $6,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open First Quad Properties Llc $92,250
Previous Owner Acosta Courtney R $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $123,000 +4.2% $76 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $118,000 -- $73 / 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 $2,110 $120,950 $16,740 $104,210
2023 $1,304 $120,950 $16,740 $104,210
2022 $1,364 $61,040 $10,050 $50,990
2021 $1,364 $63,590 $10,050 $53,540
2020 $1,046 $55,940 $10,050 $45,890
2019 $760 $33,850 $10,050 $23,800
2018 $744 $33,850 $10,050 $23,800
2017 $188 $33,850 $10,050 $23,800
2016 $742 $33,850 $0 $0
2015 $742 $34,170 $0 $0
2014 $758 $34,890 $0 $0
2013 $762 $0 $0 $0
2012 -- $51,900 $11,660 $40,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4236676

RMLS Alliance

APN: F0004-41