$46,000
SOLD JAN 27, 2017
3 Beds
2 Baths
1,876 Sq Ft
5,097 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

22% Below List Price

203 Days on Market

About This Home

As of July 2023

Fantastic opportunity to own a 2 story duplex income property. Includes newer furnaces and central air units. Both units have new tenants. Downstairs unit maintains yard.

Last Agent to Sell the Property

Jeremiah Westerfield

Ruhl&Ruhl REALTORS Bettendorf License #S63241000/475.165632 Listed on: 05/27/2016

Ruhl&Ruhl REALTORS Bettendorf

Last Buyer's Agent

Emerald Johnson

Mel Foster Co. Davenport License #S64651000

Mel Foster Co. Davenport

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Davenport High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Lambrites 1st Bl Lot 10
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 24.52
  • Total Sq Ft: 1876

Exterior Features

  • Exterior: Wood Siding

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Garbage Collection Exp: 350
  • Laundry Facilities: Common, Owned Equipment
  • Water Sewer Expenses: 550

Schools

  • High School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 35 x 145
  • Subdivision: Lambrite
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 9000

Tax Info

  • Annual Taxes: 1660
  • Parcel Id Number Tax Id: C0063-31
  • Tax Year: 2014

Multi Family

  • Total Number Units: 2
  • 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: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 6, 2023
Sold by
Harris Family Rental Homes Llc
Bought by
Peiffer Courtney L and Peiffer Jeremy B
Seller's Agent
Mhisho Vuong-Lynch
Real Broker, LLC
Buyer's Agent
Jason Amble
Ruhl&Ruhl REALTORS Moline
List Price
$128,900
Sold Price
$128,900
Views
14
Current Estimated Value
$143,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,411
Avg. Annual Appreciation
1.67%
Original Mortgage
$96,675
Outstanding Balance
$94,762
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$38,639

Purchase Details

Closed on
Aug 27, 2022
Sold by
Harris Zachary J and Harris Allison E
Bought by
Quit Claim Harris Family Rental Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 27, 2016
Closed on
Feb 3, 2017
Sold by
Craig D Hurd
Bought by
Harris Zachary
Seller's Agent
Jeremiah Westerfield
Ruhl&Ruhl REALTORS Bettendorf
Buyer's Agent
Emerald Johnson
Mel Foster Co. Davenport
List Price
$59,000
Sold Price
$46,000
Premium/Discount to List
-$13,000
-22.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
Original Mortgage
$44,620
Interest Rate
4.19%

Purchase Details

Closed on
Jun 29, 2006
Sold by
Coy Monte and Dice Christiana
Bought by
Hurd Craig D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $129,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed -- --
Warranty Deed $80,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $96,675 New Conventional
Previous Owner $66,000 Credit Line Revolving
Previous Owner $66,000 Credit Line Revolving
Previous Owner $70,000 New Conventional
Previous Owner $44,620 No Value Available
Previous Owner -- No Value Available
Previous Owner $72,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $128,900 0.0% $69 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $128,900 0.0% $69 / Sq Ft
02/08/2022 02/08/22 Rented $695 0.0% --
12/10/2021 12/10/21 For Rent $695 0.0% --
05/07/2020 05/07/20 Rented $695 0.0% --
05/07/2020 05/07/20 Under Contract -- -- --
03/13/2020 03/13/20 For Rent $695 0.0% --
01/27/2017 01/27/17 Sold $46,000 -22.0% $25 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $59,000 -- $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
2024 $2,054 $117,740 $19,060 $98,680
2023 $1,700 $117,740 $19,060 $98,680
2022 $1,708 $79,610 $14,730 $64,880
2021 $1,708 $79,610 $14,730 $64,880
2020 $1,730 $79,610 $14,730 $64,880
2019 $1,786 $79,610 $14,730 $64,880
2018 $1,670 $79,610 $14,730 $64,880
2017 $423 $76,070 $14,730 $61,340
2016 $1,666 $76,070 $0 $0
2015 $1,666 $74,780 $0 $0
2014 $1,660 $74,780 $0 $0
2013 $1,632 $0 $0 $0
2012 -- $75,260 $13,090 $62,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4172570

RMLS Alliance

APN: C0063-31