NOT LISTED FOR SALE

Estimated Value: $212,000 - $242,000

8 Beds
6 Baths
5,724 Sq Ft
$40/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $200,000 $35 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,800/month

8 Days on Market

About This Home

As of May 2022

This converted Church to 4 unit apartment building offers so much potential and great cash flow. There is probably room to add more apartments for the right buyer. Convenient location. Many updates already been done...just needs a little clean up and ready to go. Nice big garage and ample parking make this a great cash flowing property! All units currently vacant.

Last Agent to Sell the Property

Tyler Fuhr

RE/MAX Concepts Moline License #471.001820/S57304000 Listed on: 03/09/2022

RE/MAX Concepts 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

  • $1,351

Year Built

  • Built in 1855

Lot Details

  • 0.4

Schools

  • Rock Island High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,351

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Triplex | Conversion
  • Lvt Date: 03/10/2022
  • Year Built: 1855
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Refrigerators: 1
  • Number Washers: 2
  • Basement: Concrete
  • Price Per Sq Ft: 34.94
  • Total Sq Ft: 5724

Exterior Features

  • Exterior: Brick
  • Road Access: Paved

Garage/Parking

  • Garage Parking: Detached, Guest Parking, Parking Garage
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Hot Water, No Cooling, Water Heater - Gas, Zoned
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • High School: Rock Island
  • High School: Rock Island

Lot Info

  • Estimated Lot Size: 131x135
  • Estimated Number of Acres: 0.4
  • Lot Description: Level
  • Zoning: RI
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Annual Taxes: 1351
  • Parcel Id Number Tax Id: 07-35-408-001
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2019

Multi Family

  • Total Number Units: 4
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 3
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 1

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

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $200,000 +14.3% $35 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $175,000 -- $31 / 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
2023 $6,026 $62,093 $7,384 $54,709
2022 $4,744 $56,720 $6,933 $49,787
2021 $1,336 $54,434 $6,654 $47,780
2020 $1,352 $53,107 $6,492 $46,615
2019 $3,623 $53,107 $6,492 $46,615
2018 $3,623 $52,193 $6,492 $45,701
2017 $3,508 $51,422 $6,396 $45,026
2016 $3,383 $50,414 $6,271 $44,143
2015 $3,243 $47,786 $5,944 $41,842
2014 $419 $44,467 $5,876 $38,591
2013 $419 $44,467 $5,876 $38,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4230926

RMLS Alliance

APN: 07-35-408-001