NOT LISTED FOR SALE

Estimated Value: $210,000 - $232,388

3 Beds
3 Baths
2,416 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $185,500 $77 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,514/month

39 Days on Market

About This Home

As of March 2021

Great opportunity for an Owner Occupied 3-Plex in a great location by Genesis! This 2-story 3-plex has 2-ground level units and 1-second story larger unit. Unit 1 and 2 are fully renovated 1-bed, 1-bath tenant occupied units. Unit 3, on the second level, is undergoing a $20,000 renovation that will be completed by January 15th, 2021! This property comes with two detached 2-stall garage units and plenty of off-street parking for visitors. The large yard allows plenty of opportunity for children and/or pets to enjoy! These units have a history of long term tenants! ***Neighboring Single Family Rental also for sale (MLS QC4217695) by seller.

Last Agent to Sell the Property

Misty Pollard

EXP REALTY, LLC. License #S66852000/475.182965 Listed on: 12/18/2020

Last Buyer's Agent

Carie Nesbitt

Mel Foster Co. Davenport License #B65068000/475.185189

Mel Foster Co. Davenport

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 1919

Lot Details

  • 0.7

Unfinished 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

Est. Annual Taxes

$3,444

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Triplex
  • Legal Description: Lengthy - See attached document
  • Lvt Date: 12/18/2020
  • Year Built: 1919
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Number Washers: 1
  • Basement: Full, Concrete, Unfinished
  • Price Per Sq Ft: 76.78
  • Total Sq Ft: 2416

Exterior Features

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

Garage/Parking

  • Garage Parking: Detached, Shared Garage
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Electric, Forced Air, Gas, Hot Water, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 600
  • Gas Expense: 600
  • Laundry Facilities: Owned Equipment
  • Water Sewer Expenses: 700
  • Number Window Units: 3

Schools

  • High School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 30,549 sq ft
  • Estimated Number of Acres: 0.7
  • Lot Description: Level
  • Subdivision: Deerfield Heights
  • Additional Assessor Parcel Numbers: D20028
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 23040
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 3444
  • Parcel Id Number Tax Id: D0047-07
  • Tax Year: 2019

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 23740
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Feb 26, 2021
Sold by
J & L Richard Properties Llc
Bought by
Main Ave Real Estate Incorporated
Seller's Agent
Misty Pollard
EXP REALTY, LLC.
Buyer's Agent
Carie Nesbitt
Mel Foster Co. Davenport
List Price
$214,900
Sold Price
$185,500
Premium/Discount to List
-$29,400
-13.68%
Total Days on Market
39
Current Estimated Value
$224,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,597
Avg. Annual Appreciation
3.91%
Original Mortgage
$145,600
Interest Rate
2.7%
Mortgage Type
Commercial
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
Main Ave Real Estate Incorporated $185,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Main Ave Real Estate Incorpora $111,032
Closed Main Ave Real Estate Incorporated $145,600
Previous Owner J & L Richard Props Llc $150,000
Previous Owner Classic Properties Inc $76,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $185,500 -13.7% $77 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $214,900 -- $89 / 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 $3,130 $179,500 $27,490 $152,010
2023 $2,718 $179,500 $27,490 $152,010
2022 $3,098 $127,230 $27,490 $99,740
2021 $3,098 $122,570 $27,490 $95,080
2020 $3,444 $122,570 $27,490 $95,080
2019 $3,330 $112,660 $27,490 $85,170
2018 $3,504 $112,660 $27,490 $85,170
2017 $887 $112,660 $27,490 $85,170
2016 $3,056 $90,000 $0 $0
2015 $3,056 $90,000 $0 $0
2014 $3,228 $90,000 $0 $0
2013 $3,430 $0 $0 $0
2012 -- $104,200 $37,900 $66,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4217694

RMLS Alliance

APN: D0047-07