$100,000
SOLD MAY 22, 2024
-- Bed
-- Bath
1,814 Sq Ft
7,013 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

26% Below List Price

117 Days on Market

Highlights

  • 4 Car Detached Garage
  • Asbestos
  • Level Lot

About This Home

As of May 2024

Centrally located in Davenport, this 2-story conversion home presents a fantastic investment opportunity. Comprising two fully occupied units, this property ensures immediate returns. Enjoy the convenience of a 2-car garage and a fenced-in backyard, adding value and appeal to this promising investment. Don't miss out on this prime Davenport opportunity! 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

Nick Engelbrecht

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

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,318

Year Built

  • Built in 1907

Lot Details

  • Lot Dimensions are 50x140
  • Level Lot

Parking

  • 4 Car Detached Garage

Home Design

  • 1,814 Sq Ft Home
  • Shingle Roof
  • Asbestos

Schools

  • Davenport High School

Utilities

  • Heating System Uses Gas

Additional Features

  • Unfinished Basement

Community Details

  • Central Park Subdivision
  • Trash Expense $300

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number C0033-11

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,318

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1907
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 55.13
  • 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: Abestos
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached
  • Total Parking Spaces: 4

Utilities

  • Heating: Gas
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 1
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Fee Information

  • Trash Expense: 300
  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Lot Size: 50x140
  • Parcel #: C0033-11

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2220
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19800
  • Resident Manager Expense: 600
  • Annual Operating Expense: 1905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
May 17, 2024
Sold by
Andrew Wold Investments Llc
Bought by
Twisted Metal Atlanta Llc
Seller's Agent
Nick Engelbrecht
RE/MAX Concepts Bettendorf
Buyer's Agent
Nick Engelbrecht
RE/MAX Concepts Bettendorf
List Price
$135,000
Sold Price
$100,000
Premium/Discount to List
-$35,000
-25.93%
Views
157
Current Estimated Value
$132,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,959
Avg. Annual Appreciation
12.55%
Original Mortgage
$120,000
Interest Rate
7.1%
Mortgage Type
Construction

Purchase Details

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

Purchase Details

Closed on
Jul 10, 2005
Sold by
Lewin Kurt T and Lewin Christine A
Bought by
Lewin Properties Llc
Source: Public Records

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Range of Values:

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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 $100,000 None Listed On Document
Warranty Deed $125,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $120,000 Construction
Previous Owner $5,865,095 New Conventional
Previous Owner $300,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $100,000 -9.0% $55 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/21/2024 04/21/24 Price Changed $109,900 -12.6% $61 / Sq Ft
03/15/2024 03/15/24 Price Changed $125,750 -6.9% $69 / Sq Ft
12/29/2023 12/29/23 For Sale $135,000 +59.0% $74 / Sq Ft
10/04/2019 10/04/19 Sold $84,900 0.0% $47 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $84,900 -- $47 / 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 $2,318 $132,920 $26,950 $105,970
2023 $4,757 $132,920 $26,950 $105,970
2022 $2,708 $103,900 $20,830 $83,070
2021 $2,230 $103,900 $20,830 $83,070
2020 $2,067 $91,440 $20,830 $70,610
2019 $2,052 $91,440 $20,830 $70,610
2018 $1,978 $91,440 $20,830 $70,610
2017 $2,048 $90,060 $20,830 $69,230
2016 $1,972 $90,060 $0 $0
2015 $1,972 $91,040 $0 $0
2014 $2,022 $91,040 $0 $0
2013 $1,988 $0 $0 $0
2012 -- $89,770 $18,500 $71,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4249152

RMLS Alliance

APN: C0033-11