NOT LISTED FOR SALE

Estimated Value: $334,147

5 Beds
4 Baths
4,582 Sq Ft
$73/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $285,000 $62 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,106/month

60 Days on Market

About This Home

As of July 2021

This building has been meticulously taken care of. 2100 sq ft executive apartment has 2 bedrooms, 2 baths, family room with fireplace and library wall, formal living room and dining room. Gorgeous hardwood floors, foyer entrance, leaded glass window. Updated kitchen with breakfast room that goes out to private deck. 6 panel doors, tons of storage and closets. 2 car garage, 28x25. Additional 2 bedroom apartment. Two 1 bedroom apartments and one studio apartment. All updated and move-in ready. Great property that is owner occupied. 2 miles from Rock Island Arsenal. Could have more parking in rear of building off the alley. Fenced rear yard with 9x10 shed, cement floor. This building has been owner occupied for many years.

Last Agent to Sell the Property

Sherry Frankville

Mel Foster Co. Moline License #475.135327/S37680000 Listed on: 03/20/2021

Mel Foster Co. Moline

Last Buyer's Agent

Eric Ryden

Quad Cities Iowa Realty - Moline License #471.010835/B42437000

Quad Cities Iowa Realty - Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,246

Year Built

  • Built in 1976

Lot Details

  • 10,672

Basement

  • Partial Basement
  • Sump Pump

Schools

  • Rock Island High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,246

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Other Style
  • Legal Description: Lot 3 Block 1 Dacks Add & Wly Pt Lot 4
  • Lvt Date: 03/22/2021
  • Year Built: 1976
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number of Ranges: 5
  • Number Refrigerators: 5
  • Number Washers: 1
  • Basement: Partial
  • Price Per Sq Ft: 62.2
  • Total Sq Ft: 4582

Exterior Features

  • Exterior: Brick
  • Road Access: Alley, Curbs & Gutters
  • Roofing: Shingles
  • Exterior Amentities: Fenced

Garage/Parking

  • Garage Parking: Attached, Parking Slab, Assigned
  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water, Sump Pump Hole, Sump Pump
  • Laundry Facilities: Private
  • Water Sewer Expenses: 2400

Schools

  • Middle School: Washington
  • High School: Rock Island
  • High School: Rock Island

Lot Info

  • Estimated Lot Size: 64x178x60.5x178
  • Lot Description: Level
  • Subdivision: Dack
  • Geo Subdivision: IL

Rental Info

  • Manager On Site: Yes
  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 24000
  • Lease Information: Month-To-Month
  • Manager Unit Number: 4

Tax Info

  • Annual Taxes: 8246
  • Parcel Id Number Tax Id: 10-1133
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2019

Multi Family

  • Total Number Units: 5
  • Gross Annual Income: 24000
  • Total Number Central Air Units: 6
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 5
  • Total Number Heating Units: 6
  • Total Number Water Heaters: 5
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
Jul 12, 2021
Sold by
Yakovich Richard
Bought by
Flaugh Inv Properties Llc
Seller's Agent
Sherry Frankville
Mel Foster Co. Moline
Buyer's Agent
Eric Ryden
Quad Cities Iowa Realty - Moline
List Price
$298,000
Sold Price
$285,000
Premium/Discount to List
-$13,000
-4.36%
Current Estimated Value
$334,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,147
Avg. Annual Appreciation
3.85%
Original Mortgage
$285,000
Outstanding Balance
$259,153
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$74,994

Purchase Details

Closed on
Apr 1, 1998
Source: Public Records

Range of Values:

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Average Value
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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
Flaugh Inv Properties Llc $285,000 None Listed On Document
-- $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flaugh Inv Properties Llc $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $285,000 -4.4% $62 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $298,000 -- $65 / 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 $10,450 $103,835 $28,056 $75,779
2023 $10,450 $95,000 $25,669 $69,331
2022 $10,361 $101,295 $25,669 $75,626
2021 $8,993 $96,197 $24,377 $71,820
2020 $8,773 $93,577 $23,713 $69,864
2019 $8,246 $92,650 $23,478 $69,172
2018 $8,246 $90,214 $22,861 $67,353
2017 $8,006 $87,215 $22,101 $65,114
2016 $7,751 $87,215 $22,101 $65,114
2015 $8,848 $87,215 $22,101 $65,114
2014 $1,995 $87,874 $22,268 $65,606
2013 $1,995 $87,874 $22,268 $65,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4219819

RMLS Alliance

APN: 16-02-408-003