NOT LISTED FOR SALE

1811 48th Street Place Unit 13 Moline, IL 61265

Estimated Value: $186,323 - $221,000

4 Beds
2 Baths
1,664 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $135,000 $81 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,440/month

4 Days on Market

About This Home

As of May 2021

Hello investors! Here is that side-by-side duplex you've been looking for! Tenants pay all utilities! 2-car garage was previously shared by tenants, or you can rent out for additional income. Both units come with a stove and refrigerator. Vacant, but previously rented $750 per side. Time to raise the rent!

Last Agent to Sell the Property

Jeff Dellitt

Ruhl&Ruhl REALTORS Bettendorf License #S32730000/475.142785 Listed on: 04/12/2021

Ruhl&Ruhl REALTORS Bettendorf

Last Buyer's Agent

Todd Ryckeghem

Milltown Realty, LLC License #475.182724

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,296

Year Built

  • Built in 1965

Lot Details

  • 7,405

Schools

  • Moline High School

Additional Features

  • 2-Story Property
  • Cable TV Available
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,296

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Lot 2 Highland Heights 3rd Addn
  • Year Built: 1965
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Unfinished
  • Price Per Sq Ft: 81.13
  • Total Sq Ft: 1664

Exterior Features

  • Exterior: Aluminum Siding, Brick Partial
  • Road Access: Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Moline

Lot Info

  • Estimated Lot Size: 60 x 119.3 x 70 x 108
  • Estimated Number of Acres: 0.17
  • Lot Description: Level
  • Subdivision: Highland Heights
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 18000

Tax Info

  • Annual Taxes: 4296.4
  • Parcel Id Number Tax Id: 711012
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 18000
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 18, 2021
Sold by
Gustman Keela G and Gustman Vern
Bought by
Sunny Sherin
Seller's Agent
Jeff Dellitt
Ruhl&Ruhl REALTORS Bettendorf
Buyer's Agent
Todd Ryckeghem
Milltown Realty, LLC
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$198,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,831
Avg. Annual Appreciation
9.15%
Original Mortgage
$101,250
Outstanding Balance
$92,982
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$105,849
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
Sunny Sherin $135,000 Gomez May Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunny Sherin $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $135,000 -3.5% $81 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $139,900 -- $84 / 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 $4,783 $54,840 $7,334 $47,506
2023 $4,783 $50,497 $6,753 $43,744
2022 $4,467 $49,760 $6,481 $43,279
2021 $4,451 $47,572 $6,196 $41,376
2020 $4,428 $46,776 $6,092 $40,684
2019 $4,275 $46,039 $5,996 $40,043
2018 $4,275 $45,347 $5,906 $39,441
2017 $4,204 $44,633 $5,813 $38,820
2016 $4,097 $43,249 $5,633 $37,616
2015 $3,887 $41,037 $5,345 $35,692
2014 -- $41,447 $5,398 $36,049
2013 -- $41,447 $5,398 $36,049
Source: Public Records

Agents Affiliated with this Home

  • Jeff Dellitt

    Seller's Agent in 2021

    Jeff Dellitt

    Ruhl&Ruhl REALTORS Bettendorf

    (563) 343-1028

    2 in this area

    159 Total Sales

    Jeff Dellitt
    Section Image

  • T

    Buyer's Agent in 2021

    Todd Ryckeghem

    Milltown Realty, LLC

    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4220472

RMLS Alliance

APN: 17-02-126-020

Illinois Rock Island County Moline 61265

1811 48th Street Place Unit 13, Moline, IL

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