NOT LISTED FOR SALE

Estimated Value: $130,000 - $147,000

-- Bed
-- Bath
2,880 Sq Ft
$48/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $115,750 $40 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,055/month

4 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Wood Siding
  • Fenced

About This Home

As of May 2023

Fantastic opportunity to grow your net worth. A rare find is this side by side duplex that offers 3 bedrooms with the tenants paying gas and electricity. Long term tenant of over 30 years will be moving out soon. Move into that unit and let the neighbor pay the mortgage while you save money for the next income property. Both units have good sized living room, dining room and kitchen on the main level with 3 bedrooms upstairs. Central Air and forced air heat with laundry hook ups in the basement. All appliances owned by the tenants.

Last Agent to Sell the Property

Scott Egger

Ruhl&Ruhl REALTORS Moline License #475.135231/S55828000 Listed on: 04/10/2023

Ruhl&Ruhl REALTORS Moline

Last Buyer's Agent

Lisa DeLoose

KW 1Advantage License #S39204000/475.136997

KW 1Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,479

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 45x78x46x76
  • Fenced
  • Level Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,880 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Parking Pad

Schools

  • Rock Island Academy Elementary School
  • Washington Middle School
  • Rock Island High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • John W Spencer Subdivision
  • Trash Expense $378

Listing and Financial Details

  • Assessor Parcel Number 04-35-428-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,479

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: Duplex
  • PricePerSqFt: 40.19
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Construction Type: Wood Siding
  • Exterior Features: Fence
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Parking Pad
  • Total Parking Spaces: 3

Utilities

  • Heating: Forced Air, Gas, Central Air
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 2
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 1
  • NumberOfRanges: 0
  • NumberofRefrigerators: 0
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Fee Information

  • Trash Expense: 378
  • AdvertisingExpense: 0

Schools

  • Elementary School: Rock Island Academy
  • High School: Rock Island
  • Middle Or Junior School: Washington

Lot Info

  • Lot Size: 45X78X46X76
  • Parcel #: 04-35-428-019

Rental Info

  • Lease Term: Variable

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3046
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13800
  • Annual Operating Expense: 2506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 9, 2023
Sold by
Young Sandra J
Bought by
Kramer Kimberly R
Seller's Agent
Scott Egger
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
Lisa DeLoose
KW 1Advantage
List Price
$110,000
Sold Price
$115,750
Premium/Discount to List
$5,750
5.23%
Total Days on Market
4
Views
35
Current Estimated Value
$136,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,217
Avg. Annual Appreciation
8.39%
Original Mortgage
$92,600
Outstanding Balance
$66,764
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$70,203
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
Kramer Kimberly R $115,750 Midwest Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Kimberly R $92,600
Previous Owner Ware Julia M $192,889
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $115,750 +5.2% $40 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $110,000 -- $38 / 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 $3,479 $32,544 $1,447 $31,097
2022 $3,077 $29,658 $1,359 $28,299
2021 $3,047 $28,462 $1,304 $27,158
2020 $3,008 $27,768 $1,272 $26,496
2019 $2,893 $27,768 $1,272 $26,496
2018 $2,893 $27,248 $1,272 $25,976
2017 $2,802 $26,845 $1,253 $25,592
2016 $2,702 $26,318 $1,228 $25,090
2015 $2,591 $24,946 $1,164 $23,782
2014 -- $25,085 $1,171 $23,914
2013 -- $25,085 $1,171 $23,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4241781

RMLS Alliance

APN: 09-3740400-6689