NOT LISTED FOR SALE

1800 18th Ave East Moline, IL 61244

Estimated Value: $163,519

-- Bed
-- Bath
2,400 Sq Ft
$68/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $132,500 $55 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $924/month

63 Days on Market

About This Home

As of May 2019

This building is a must see! 2,400 sq. ft. open concept floor plan with full basement. Excellent traffic and visibility. Potential for office/business building. Currently known as Torch Light Lounge PLEASE NOTE: additional 2 lots included -50 x 130 - Located across 18th St.

Last Agent to Sell the Property

Sharon Esslinger

RE/MAX Country Crossroads License #471.000118 Listed on: 02/28/2019

RE/MAX Country Crossroads

Last Buyer's Agent

Sharon Esslinger

RE/MAX Country Crossroads License #471.000118 Listed on: 02/28/2019

RE/MAX Country Crossroads

Property Details

Property Type

  • Other

Year Built

  • Built in 1970

Lot Details

  • 0.3

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for all

Property Details

Property Type

Other

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Year Built: 1970
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl
  • Total Building Sq Ft: 2400
  • Estimated Lot Sq Ft: 150 x 130

Exterior Features

  • Exterior Finish: Wood Siding
  • Frontage Access: Paved 2Lane, Corner Lot, City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Tar/Gravel
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 28

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City

Association/Amenities

  • Amenities: Cable

Lot Info

  • Estimated Number of Acres: 0.3
  • Zoning: commercial
  • Geo Subdivision: IL
  • Property Use: Freestanding Building

Rental Info

  • Owner Pays: All
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 8591
  • Parcel Id Number Tax Id: 09-30-312-064
  • Tax Incentive: In City Limit
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Jun 12, 2019
Sold by
J & T Rental Llc & 1800
Bought by
Kim Sung Kwang
Seller's Agent
Sharon Esslinger
RE/MAX Country Crossroads
Buyer's Agent
Sharon Esslinger
RE/MAX Country Crossroads
List Price
$170,000
Sold Price
$132,500
Premium/Discount to List
-$37,500
-22.06%
Current Estimated Value
$163,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,019
Avg. Annual Appreciation
2.93%
Original Mortgage
$99,375
Outstanding Balance
$45,057
Interest Rate
5.85%
Mortgage Type
New Conventional
Estimated Equity
$113,796

Purchase Details

Listed on
Feb 28, 2019
Closed on
May 28, 2019
Sold by
Kim Sung Kwang
Bought by
Rs Bar Inc
Seller's Agent
Sharon Esslinger
RE/MAX Country Crossroads
Buyer's Agent
Sharon Esslinger
RE/MAX Country Crossroads
List Price
$170,000
Sold Price
$132,500
Premium/Discount to List
-$37,500
-22.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,375
Outstanding Balance
$45,057
Interest Rate
5.85%
Mortgage Type
New Conventional
Estimated Equity
$113,796

Purchase Details

Closed on
May 18, 2018
Sold by
Obrien Christina J
Bought by
J & T Rental Llc & 1800

Purchase Details

Closed on
Jan 25, 2018
Sold by
Vance Stephen R
Bought by
Obrien Christina J and Cogdill Troy 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
Kim Sung Kwang $150,000 Gomez Title
Rs Bar Inc $132,500 Gomez Title
J & T Rental Llc & 1800 $117,030 New Title Company Name
Obrien Christina J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rs Bar Inc $99,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $132,500 -22.1% $55 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $170,000 -- $71 / 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 $640 $6,309 $6,309 $0
2023 $640 $5,913 $5,913 $0
2022 $4,892 $46,198 $5,752 $40,446
2021 $4,812 $44,166 $5,499 $38,667
2020 $8,627 $78,463 $5,428 $73,035
2019 $8,534 $77,037 $5,329 $71,708
2018 $8,591 $78,114 $5,329 $72,785
2017 $8,315 $76,658 $5,230 $71,428
2016 $8,243 $76,277 $5,204 $71,073
2015 $8,030 $74,781 $5,102 $69,679
2014 $1,807 $72,907 $4,974 $67,933
2013 $1,807 $72,907 $4,974 $67,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7040221

RMLS Alliance

APN: 09-30-312-064