NOT LISTED FOR SALE

Estimated Value: $145,000 - $191,000

4 Beds
2 Baths
1,808 Sq Ft
$92/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $130,000 $72 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,140/month

66 Days on Market

About This Home

As of March 2021

Nice hard-to-find side by side ranch duplex with 2 car garage in a great location. Investors or owner occupied buyers will find this property a good fit. Current rents have been $695/unit. An owner occupied buyer can live cheaply having the majority of the monthly mortgage payment paid by a tenant while gaining equity. Separate furnaces, central air units, water heaters, gas and electric for each unit. All utilities paid by the tenants. Each unit has two bedrooms and one full bath. All appliances remain including: Range/Oven, Refrigerator and Dishwasher. Terrific woodwork, doors & hardwood floors. Call today!

Last Agent to Sell the Property

Joseph Lindsay

Ruhl&Ruhl REALTORS Bettendorf License #S36015000/475.138688 Listed on: 11/13/2020

Ruhl&Ruhl REALTORS Bettendorf

Last Buyer's Agent

Sheri Paper

Ruhl&Ruhl REALTORS Davenport License #S58728000/475.141195

Ruhl&Ruhl REALTORS Davenport

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,416

Year Built

  • Built in 1940

Lot Details

  • 7,841

Home Design

  • Duplex

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Adams Elementary School
  • Davenport North High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,416

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Mitchell's 4th ADD,, Lot 5, Block 9
  • Year Built: 1940
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Block, Full
  • Price Per Sq Ft: 71.9
  • Total Sq Ft: 1808

Exterior Features

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

Garage/Parking

  • Garage Parking: Alley, Detached, Guest Parking, Shared Garage
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, 2+ Cooling Systems, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water

Schools

  • Elementary School: Adams
  • Middle School: Williams
  • High School: Davenport North
  • Elementary School: Adams
  • High School: Davenport North

Lot Info

  • Estimated Lot Size: 76 x 105
  • Estimated Number of Acres: 0.18
  • Lot Description: Corner, Level
  • Subdivision: Mitchell
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 16680
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 2416
  • Parcel Id Number Tax Id: A0053-29
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 16680
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

MLS Schools

  • Middle School: Williams

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Feb 25, 2021
Sold by
Benson Leroy E and Benson Theresa M
Bought by
Paper Greg and Paper Sheri
Seller's Agent
Joseph Lindsay
Ruhl&Ruhl REALTORS Bettendorf
Buyer's Agent
Sheri Paper
Ruhl&Ruhl REALTORS Davenport
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Current Estimated Value
$166,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,991
Avg. Annual Appreciation
5.54%
Original Mortgage
$108,300
Outstanding Balance
$98,545
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$66,265
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
Paper Greg $130,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paper Gregory Kenneth $108,300
Closed Paper Greg $108,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $130,000 -7.1% $72 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
11/13/2020 11/13/20 For Sale $140,000 -- $77 / 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 $2,772 $153,700 $26,450 $127,250
2023 $3,375 $153,700 $26,450 $127,250
2022 $2,982 $129,210 $26,450 $102,760
2021 $2,672 $124,500 $26,450 $98,050
2020 $2,908 $111,170 $26,450 $84,720
2019 $3,218 $104,890 $26,450 $78,440
2018 $974 $104,890 $26,450 $78,440
2017 $562 $100,970 $26,450 $74,520
2016 $2,568 $100,970 $0 $0
2015 $2,212 $102,230 $0 $0
2014 $2,270 $102,230 $0 $0
2013 $2,232 $0 $0 $0
2012 -- $108,130 $25,180 $82,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4217010

RMLS Alliance

APN: A0053-29