NOT LISTED FOR SALE

1724 Farnam St Davenport, IA 52803

Central Davenport Neighborhood

Estimated Value: $107,000 - $120,000

3 Beds
2 Baths
2,291 Sq Ft
$50/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $60,000 $26 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $853/month

46 Days on Market

About This Home

As of January 2021

New Price! Great Investment Opportunity. 2 Unit Duplex. Lower unit has a large living room and dining room with 2 bedrooms. Upper unit has 1 bedroom and 1 full bath with an additional office area and laundry hook ups. Property is being sold as is, where is.

Last Agent to Sell the Property

Lisa Urban

Prestige Realty QC License #475.168217/B64467000 Listed on: 10/27/2020

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

Year Built

  • Built in 1884

Lot Details

  • 9,148

Schools

  • Madison Elementary School
  • Davenport Central High School

Additional Features

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

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Conversion
  • Legal Description: Louderback's 1st Add Lot:006 Block:001 Louderback's 1
  • Lvt Date: 10/27/2020
  • Year Built: 1884
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number Dryers: 1
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 1
  • Basement: Full, Unfinished
  • Price Per Sq Ft: 26.19
  • Total Sq Ft: 2291

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Curbs & Gutters
  • Roofing: Metal, Shingles
  • Exterior Amentities: Fenced

Garage/Parking

  • Garage Parking: Detached, On-Street Parking, Alley, Shared Garage
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Gas, No Cooling, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • Elementary School: Madison
  • Middle School: Sudlow
  • High School: Davenport Central
  • Elementary School: Madison
  • High School: Davenport Central

Lot Info

  • Estimated Lot Size: 60 x 150
  • Estimated Number of Acres: 0.21
  • Lot Description: Level
  • Subdivision: Louder Backs
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 13800

Tax Info

  • Annual Taxes: 1526
  • Parcel Id Number Tax Id: F0003-07
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 13800
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Sudlow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Dolan Michael E and Dolan Natasha L
Bought by
Gray Line Holdings Llc
Total Days on Market
46
Current Estimated Value
$115,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Outstanding Balance
$49,284
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$65,925

Purchase Details

Closed on
Jan 13, 2022
Sold by
Gray Line Holdings Llc
Bought by
Dolan Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Outstanding Balance
$49,284
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$65,925

Purchase Details

Closed on
Jan 5, 2020
Sold by
Stutzman Gregory
Bought by
Gray Line Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2006
Sold by
Cory Robert D and Cory Sarah K
Bought by
Kunkel Gene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Gray Line Holdings Llc -- None Listed On Document
Dolan Michael E -- None Listed On Document
Gray Line Holdings Llc $60,000 None Listed On Document
Kunkel Gene L $64,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dolan Michael E $52,500
Previous Owner Gary Line Holdings Llc $65,000
Previous Owner Gray Line Holdings Llc $65,000
Previous Owner Kunkel Gene L $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $60,000 -14.2% $26 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/04/2020 12/04/20 Price Changed $69,900 -6.8% $31 / Sq Ft
10/27/2020 10/27/20 For Sale $75,000 -- $33 / 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 $2,499 $101,240 $21,000 $80,240
2023 $2,291 $101,240 $21,000 $80,240
2022 $1,962 $81,610 $12,600 $69,010
2021 $1,816 $84,660 $12,600 $72,060
2020 $2,653 $74,360 $12,600 $61,760
2019 $2,689 $70,250 $12,600 $57,650
2018 $1,454 $70,250 $12,600 $57,650
2017 $1,598 $70,250 $12,600 $57,650
2016 $1,766 $70,250 $0 $0
2015 $1,538 $74,340 $0 $0
2014 $1,650 $74,340 $0 $0
2013 $1,622 $0 $0 $0
2012 -- $74,340 $14,620 $59,720
Source: Public Records

Agents Affiliated with this Home

  • Lisa Urban

    Seller's Agent in 2021

    Lisa Urban

    Prestige Realty QC

    (563) 639-1720

    2 in this area

    65 Total Sales

    Lisa Urban
    Section Image
  • Eric Ryden

    Buyer's Agent in 2021

    Eric Ryden

    Quad Cities Iowa Realty - Moline

    (309) 277-9701

    8 in this area

    659 Total Sales

    Eric Ryden
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4216492

RMLS Alliance

APN: F0003-07

Iowa Scott County Davenport 52803 Central Davenport

1724 Farnam St, Davenport, IA

This home is located at 1724 Farnam St, Davenport, IA 52803 since 27 October 2020 and is currently estimated at $115,209, approximately $50 per square foot. This property was built in 1884. 1724 Farnam St is a home located in Scott County with nearby schools including Madison Elementary School, Sudlow Intermediate School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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