$50,000
SOLD AUG 29, 2024
-- Bed
-- Bath
1,368 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

33% Below List Price

42 Days on Market

About This Home

As of August 2024

Investment opportunity. This is a 1.5 story conversion. All three renters are long term renters with renters being there over 10 years. Rents are month to month. Current owner has supplied the window units and current owner pays all utilities. There are washer/dryer hook ups in the basement.

Last Agent to Sell the Property

Joni Paaske

Ruhl&Ruhl REALTORS Bettendorf Brokerage Phone: 563-441-1776 License #S61945000/475.168077 Listed on: 06/24/2024

Ruhl&Ruhl REALTORS Bettendorf

Last Buyer's Agent

Molly Mekus

Real Broker, LLC - Bettendorf License #S64880000/475.172617

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 108.25 x 24.2 x 93.65
  • Corner Lot
  • Sloped Lot

Parking

  • On-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Davenport High School

Utilities

  • Two Heating Systems
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Van Tuyl & Cook Subdivision
  • Trash Expense $240

Listing and Financial Details

  • Tenant pays for no utilities
  • Assessor Parcel Number K0019-02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,466

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1900
  • New Construction: No
  • Structure Type: Triplex
  • PricePerSqFt: 36.55
  • Attribution Contact: Customer: 563-441-1776
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Corner Lot, Sloped
  • Road Surface Type: Curbs & Gutters
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Heating Systems - 2+, Gas
  • Electric Expense: 1360
  • Water Sewer Expenses: 960
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 800
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 1
  • NumberOfElectricMeters: 1
  • NumberofWaterMeters: 1
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 3

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 0

Fee Information

  • Trash Expense: 240
  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 108.25 x 24.2 x 93.65
  • Parcel #: K0019-02

Rental Info

  • Tenant Pays: No Utilities
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1110
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 19500
  • Annual Operating Expense: 4619

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Aug 29, 2024
Sold by
Kent Mary Ann
Bought by
Scarsella Hope Mary and Scarsella Daniel J
Seller's Agent
Joni Paaske
Ruhl&Ruhl REALTORS Bettendorf
Buyer's Agent
Molly Mekus
Real Broker, LLC - Bettendorf
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%
Views
27
Current Estimated Value
$61,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,000
Avg. Annual Appreciation
28.29%
Original Mortgage
$37,500
Outstanding Balance
$37,271
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$24,062
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 Type Sale Price Title Company
Warranty Deed $50,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $37,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $50,000 -16.7% $37 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $60,000 -20.0% $44 / Sq Ft
06/24/2024 06/24/24 For Sale $75,000 -- $55 / 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 $1,466 $84,000 $12,850 $71,150
2023 $1,110 $84,000 $12,850 $71,150
2022 $1,266 $51,920 $12,850 $39,070
2021 $1,266 $50,060 $12,850 $37,210
2020 $1,406 $50,060 $12,850 $37,210
2019 $1,390 $46,990 $12,850 $34,140
2018 $1,462 $46,990 $12,850 $34,140
2017 $370 $46,990 $12,850 $34,140
2016 $1,606 $47,300 $0 $0
2015 $1,606 $47,300 $0 $0
2014 $1,696 $47,300 $0 $0
2013 $1,802 $0 $0 $0
2012 -- $47,300 $10,000 $37,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4253884

RMLS Alliance

APN: K0019-02