NOT LISTED FOR SALE

Estimated Value: $157,000 - $161,000

2 Beds
3 Baths
2,211 Sq Ft
$72/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $154,000 $70 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,125/month

24 Days on Market

About This Home

As of February 2024

Prime investment opportunity in Davenport, Iowa! Centrally located near Vander Veer Botanical Park, this fully occupied property boasts a 2-unit family conversion with an additional carriage house in the backyard, attached to the garage. The main building features two units, one with 2 bedrooms and 1 bathroom and second unit with 3 bedroom 1-bathroom, providing comfortable living spaces adding versatility to accommodate different tenant needs. The separate carriage house attached to the garage enhances the property's appeal, offering additional space and potential uses. With all units currently occupied, this investment promises immediate returns. Don't miss your chance to own a piece of this prime location. Schedule your private tour today!

Last Agent to Sell the Property

Nick Engelbrecht

RE/MAX Concepts Bettendorf Brokerage Email: picknickhomes@gmail.com License #S66843000/475.182849 Listed on: 12/29/2023

RE/MAX Concepts Bettendorf

Last Buyer's Agent

Haileigh Garza

Epique Realty License #S70110000 / 475201676

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 64x140
  • Level Lot

Home Design

  • 2,211 Sq Ft Home
  • Shingle Roof
  • Wood Siding

Parking

  • 6 Parking Spaces
  • On-Street Parking

Schools

  • Davenport High School

Utilities

  • Heating System Uses Gas

Additional Features

  • Unfinished Basement

Community Details

  • Central Park Subdivision
  • Trash Expense $600

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number C0033-13

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,358

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1910
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 69.65
  • Age55PlusDevelopment: No
  • Attribution Contact: picknickhomes@gmail.com
  • Special Features: None

Interior Features

  • Basement: Unfinished

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Wood Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street, Shared Garage/Stall
  • Total Parking Spaces: 6

Utilities

  • Heating: Gas, No Cooling
  • Electric Expense: 1800
  • Water Sewer Expenses: 900
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 3
  • NumberOfElectricMeters: 3
  • NumberofWaterMeters: 1
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Fee Information

  • Trash Expense: 600
  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Lot Size: 64x140
  • Parcel #: C0033-13

Rental Info

  • Tenant Pays: Electricity, Other
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3278
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24600
  • Resident Manager Expense: 300
  • Annual Operating Expense: 5170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Feb 8, 2024
Sold by
Andrew Wold Investments Llc
Bought by
Price Ronald R
Seller's Agent
Nick Engelbrecht
RE/MAX Concepts Bettendorf
Buyer's Agent
Haileigh Garza
Epique Realty
List Price
$185,000
Sold Price
$154,000
Premium/Discount to List
-$31,000
-16.76%
Total Days on Market
24
Views
43
Current Estimated Value
$159,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,117
Avg. Annual Appreciation
2.49%

Purchase Details

Closed on
Jan 20, 2022
Sold by
Andrew Wold Investments Llc
Bought by
Black Lion Llc

Purchase Details

Closed on
Dec 22, 2005
Sold by
Krongard Lori J and Goodmanson Jeff D
Bought by
Lewin Kurt T and Lewin Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.48%
Mortgage Type
New Conventional
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Price Ronald R $154,000 None Listed On Document
Black Lion Llc $125,000 None Listed On Document
Lewin Kurt T $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrew Wold Investments Llc $5,865,095
Previous Owner Andrew Wold Investments Llc $5,865,095
Previous Owner Andrew Wold Investments $300,000
Previous Owner Lewin Kurt T $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $154,000 -16.8% $70 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $185,000 +42.3% $84 / Sq Ft
10/04/2019 10/04/19 Sold $130,000 0.0% $60 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $130,000 -- $60 / 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 $3,358 $169,360 $27,170 $142,190
2023 $5,001 $190,830 $34,870 $155,960
2022 $3,661 $153,440 $26,950 $126,490
2021 $3,292 $153,440 $26,950 $126,490
2020 $2,922 $134,460 $26,950 $107,510
2019 $3,016 $134,460 $26,950 $107,510
2018 $2,906 $134,460 $26,950 $107,510
2017 $736 $132,360 $26,950 $105,410
2016 $2,898 $132,360 $0 $0
2015 $2,898 $142,270 $0 $0
2014 $3,160 $142,270 $0 $0
2013 $3,106 $0 $0 $0
2012 -- $146,690 $23,940 $122,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4249148

RMLS Alliance

APN: C0033-13