NOT LISTED FOR SALE

Estimated Value: $76,000 - $173,000

4 Beds
4 Baths
2,584 Sq Ft
$56/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $24,500 $9 Per Sq Ft

Est. 487% increase in value since last sale

Current estimated payment $941/month

57 Days on Market

About This Home

As of May 2016

Good potential for investors here. 4 units plus large 2 car detached garage separated into 2 stalls with separate entrances and overhead doors. Property being sold "As-Is, Where-Is", without and seller representations or warranties.

Last Listed By

Jeff Dellitt

Ruhl&Ruhl REALTORS Bettendorf License #S32730000/475.142785 Listed on: 02/29/2016

Ruhl&Ruhl REALTORS Bettendorf

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 7,492

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Davenport High School

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: Parker's Addn (exc W 10') Lot 16, Blk 4
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 9.48
  • Total Sq Ft: 2584

Exterior Features

  • Construction Status: Under Construction
  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters

Garage/Parking

  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, No Cooling

Schools

  • High School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 7500 sf
  • Lot Description: Corner, Level
  • Subdivision: Parker
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Electric Only

Tax Info

  • Annual Taxes: 3060
  • Parcel Id Number Tax Id: K0002-26
  • Tax Year: 2014

Multi Family

  • Total Number Units: 4
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
May 10, 2016
Sold by
Great Southern Bank
Bought by
Nguyen Robert
Seller's Agent
Jeff Dellitt
Ruhl&Ruhl REALTORS Bettendorf
Buyer's Agent
Jeff Dellitt
Ruhl&Ruhl REALTORS Bettendorf
List Price
$34,900
Sold Price
$24,500
Premium/Discount to List
-$10,400
-29.8%
Total Days on Market
57
Current Estimated Value
$143,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,401
Avg. Annual Appreciation
20.08%

Purchase Details

Closed on
Jan 29, 2016
Sold by
Garcia Ruben
Bought by
Great Southern Bank

Purchase Details

Closed on
Sep 30, 2008
Sold by
Jones Gary R and Sharon Jones R
Bought by
Garcia Ruben S and Garcia Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.52%
Mortgage Type
Commercial

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
Nguyen Robert -- None Available
Great Southern Bank -- None Available
Garcia Ruben S $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Robert $12,000
Closed Nguyen Robert $12,000
Previous Owner Garcia Ruben S $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold $24,500 -29.8% $9 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $34,900 -- $14 / 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 $4,556 $130,610 $22,500 $108,110
2023 $4,324 $130,610 $22,500 $108,110
2022 $4,223 $102,400 $22,500 $79,900
2021 $2,492 $98,600 $22,500 $76,100
2020 $3,869 $98,600 $22,500 $76,100
2019 $4,041 $92,440 $22,500 $69,940
2018 $4,045 $92,440 $22,500 $69,940
2017 $2,728 $92,440 $22,500 $69,940
2016 $4,364 $85,300 $0 $0
2015 $2,896 $85,300 $0 $0
2014 $3,060 $85,300 $0 $0
2013 $3,252 $0 $0 $0
2012 -- $85,300 $12,800 $72,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4169628

RMLS Alliance

APN: K0002-26