NOT LISTED FOR SALE

Estimated Value: $93,000 - $121,509

4 Beds
2 Baths
2,331 Sq Ft
$46/Sq Ft Est. Value

Last Sold September 03, 2014

Last sale price $65,000 $28 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $699/month

124 Days on Market

About This Home

As of September 2014

1 Year TMI Home Warranty. Appealing duplex with much square footage per unit. Large entry foyer. Grand wood staircase and pocket doors. Modern kitchens with stove and refrigerator- each unit. Main floor laundry facility at rear common entry. 2 Newer furnaces and 2 newer CAC units. Two new water heaters. Electrical panels have both been replaced. Up unit is vacant but was rented at $600.00. 2 car garage and ample off street parking. Rents could be raised.

Last Listed By

Scott Kelling

Mel Foster Co. Davenport License #B04983000 Listed on: 04/01/2014

Mel Foster Co. Davenport

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 1902

Lot Details

  • 9,017

Interior Spaces

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

Schools

  • Davenport Elementary School
  • Davenport High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,464

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Wallace's Suddivision Lot 3 BLK2
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 27.89
  • Total Sq Ft: 2331

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved
  • Roofing: Composition Rolled

Garage/Parking

  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, 2+ Cooling Systems, Central Air, Water Heater - Gas
  • Laundry Facilities: Common

Schools

  • Elementary School: Davenport
  • Middle School: Davenport
  • High School: Davenport
  • Elementary School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 60 X 150
  • Lot Description: Level
  • Subdivision: Wallace
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Gas & Electric
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 1464
  • Parcel Id Number Tax Id: I0057-06
  • Tax Year: 2012

Multi Family

  • Total Number Units: 2
  • 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: 1

MLS Schools

  • Middle School: Davenport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
Aug 25, 2014
Sold by
Franklin Bryan S and Franklin Desdemona L
Bought by
Malonga Nicolas
Seller's Agent
Scott Kelling
Mel Foster Co. Davenport
Buyer's Agent
Frederick Harris
Realty One Group Opening Doors
List Price
$84,900
Sold Price
$65,000
Premium/Discount to List
-$19,900
-23.44%
Total Days on Market
124
Current Estimated Value
$106,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,127
Avg. Annual Appreciation
4.92%
Original Mortgage
$52,000
Outstanding Balance
$40,548
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$68,031

Purchase Details

Closed on
Aug 18, 2011
Sold by
Federal National Mortgage Association
Bought by
Franklin Bryan S and Franklin Desdemona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
4.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2011
Sold by
Saxon Mortgage Services Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 19, 2011
Sold by
Smith Alfred D
Bought by
Saxon Mortgage Services Inc

Purchase Details

Closed on
Jan 19, 2007
Sold by
Harrison Matthew A and Harrison Ann M
Bought by
Smith Alfred D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.21%
Mortgage Type
New Conventional

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
Malonga Nicolas $65,000 None Available
Franklin Bryan S -- None Available
Federal National Mortgage Association -- None Available
Saxon Mortgage Services Inc $127,607 None Available
Smith Alfred D $87,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malonga Nicolas $52,000
Previous Owner Franklin Bryan S $41,600
Previous Owner Smith Alfred D $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2014 09/03/14 Sold $65,000 -23.4% $28 / Sq Ft
08/03/2014 08/03/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $84,900 -- $36 / 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 $1,634 $100,350 $18,000 $82,350
2023 $1,632 $93,730 $18,000 $75,730
2022 $1,640 $76,440 $15,000 $61,440
2021 $1,640 $76,440 $15,000 $61,440
2020 $1,900 $72,220 $15,000 $57,220
2019 $1,869 $69,210 $15,000 $54,210
2018 $2,098 $69,210 $15,000 $54,210
2017 $1,574 $69,210 $15,000 $54,210
2016 $1,268 $57,880 $0 $0
2015 $1,268 $73,260 $0 $0
2014 $1,626 $73,260 $0 $0
2013 $1,600 $0 $0 $0
2012 -- $67,580 $14,400 $53,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4150485

RMLS Alliance

APN: I0057-06