NOT LISTED FOR SALE

Estimated Value: $93,000 - $172,994

5 Beds
4 Baths
3,750 Sq Ft
$33/Sq Ft Est. Value

Last Sold March 28, 2012

Last sale price $74,000 $20 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $913/month

150 Days on Market

About This Home

As of March 2012

Don't miss this great money maker, 4-units all rented, long time tenant's. Plus 2- car garage for extra income. Shows well! Tenant's pay own electric. Call for more info.

Last Listed By

Jeffrey Wehr

Ruhl&Ruhl REALTORS Bettendorf License #S35594000/475.143448 Listed on: 08/29/2011

Ruhl&Ruhl REALTORS Bettendorf

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,746

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Davenport High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Allen Arthur Subd of Russells Estate
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 19.73
  • Total Sq Ft: 3750

Exterior Features

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

Utilities

  • Heating Cooling: Forced Air, Gas
  • Gas Expense: 1548
  • Laundry Facilities: No Laundry Equipment
  • Water Sewer Expenses: 1142

Schools

  • High School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 50x75
  • Lot Description: Level
  • Subdivision: Arthur Allen
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 16200
  • Lease Information: Month-To-Month, Various Terms

Tax Info

  • Annual Taxes: 2420
  • Parcel Id Number Tax Id: G0010-31
  • Tax Year: 2010

Multi Family

  • Total Number Units: 4
  • Total Number Electric Meters: 5
  • 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
Aug 29, 2011
Closed on
Mar 28, 2012
Sold by
Brown Jamie D and Brown Christy A
Bought by
Mad Ventures Llc
Seller's Agent
Jeffrey Wehr
Ruhl&Ruhl REALTORS Bettendorf
Buyer's Agent
Brent Scogland
Ruhl&Ruhl REALTORS Bettendorf
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%
Total Days on Market
150
Current Estimated Value
$124,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,999
Avg. Annual Appreciation
3.32%
Original Mortgage
$150,000
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving

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
Mad Ventures Llc $74,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mad Ventures Llc $146,638
Closed Mad Ventures Llc $150,000
Previous Owner Brown Jamie D $73,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2012 03/28/12 Sold $74,000 -7.4% $20 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
08/29/2011 08/29/11 For Sale $79,900 -- $21 / 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 $2,557 $120,850 $11,250 $109,600
2023 $1,804 $132,390 $11,250 $121,140
2022 $1,766 $84,420 $11,250 $73,170
2021 $1,766 $82,300 $11,250 $71,050
2020 $1,788 $82,300 $11,250 $71,050
2019 $1,861 $75,840 $11,250 $64,590
2018 $1,666 $75,840 $11,250 $64,590
2017 $1,833 $75,840 $11,250 $64,590
2016 $1,586 $72,400 $0 $0
2015 $1,586 $0 $0 $0
2014 $2,230 $0 $0 $0
2013 $2,370 $0 $0 $0
2012 -- $62,200 $9,000 $53,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4128690

RMLS Alliance

APN: G0010-31