NOT LISTED FOR SALE

224 E 7th St Davenport, IA 52803

Central Davenport Neighborhood

Estimated Value: $128,000 - $189,000

4 Beds
4 Baths
7,865 Sq Ft
$21/Sq Ft Est. Value

Last Sold April 26, 2012

Last sale price $94,000 $12 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,150/month

107 Days on Market

About This Home

As of April 2012

Great apartments located by Palmer college, new roof & sheathing 2003, siding 1999, windows 2003, new doors 2009, furnace 1997, hot water heater 2008, gutters 2010. $250 from coin operated laundry. Always full with Palmer students will rent for 3-4 years. Rents are low could have 5th apt in Lower level. 5 off street parking spaces. Good investment in great condition.

Last Agent to Sell the Property

Michael Ingleby

Real Broker, LLC License #B22012000/475.093175 Listed on: 09/26/2011

Last Buyer's Agent

Chris Holvoet

3% Listing Company, LLC License #S42304000/471008539

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,884

Interior Spaces

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

Schools

  • Davenport Elementary School
  • Davenport High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Lengthy
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full, Walk-Out
  • Price Per Sq Ft: 11.95
  • Total Sq Ft: 7865

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters

Garage/Parking

  • Number Parking Spaces: 5

Utilities

  • Heating Cooling: Forced Air, Gas, Water Heater - Gas
  • Garbage Collection Exp: 480
  • Gas Expense: 2983
  • Laundry Facilities: Owned Equipment

Schools

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

Lot Info

  • Subdivision: LeClaire

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 17640
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 2914
  • Parcel Id Number Tax Id: F0049-09
  • Tax Year: 2010

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 17890
  • Total Number Electric Meters: 6
  • Total Number Gas Meters: 5
  • Total Number Heating Units: 4
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Davenport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2011
Closed on
May 18, 2012
Sold by
Coiner Michael S and Coiner Julie
Bought by
Living Our Dreams Llc
Seller's Agent
Michael Ingleby
Real Broker, LLC
Buyer's Agent
Chris Holvoet
3% Listing Company, LLC
List Price
$104,900
Sold Price
$94,000
Premium/Discount to List
-$10,900
-10.39%
Current Estimated Value
$167,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,793
Avg. Annual Appreciation
5.02%
Original Mortgage
$75,200
Outstanding Balance
$45,602
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
$134,718

Purchase Details

Listed on
Sep 26, 2011
Closed on
Apr 26, 2012
Sold by
Mc Properties L L C
Bought by
Corner Michael S
Seller's Agent
Michael Ingleby
Real Broker, LLC
Buyer's Agent
Chris Holvoet
3% Listing Company, LLC
List Price
$104,900
Sold Price
$94,000
Premium/Discount to List
-$10,900
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Outstanding Balance
$45,602
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
$134,718

Purchase Details

Closed on
Mar 31, 2011
Sold by
Lane Timothy L
Bought by
Mc Properties Llc

Purchase Details

Closed on
Feb 11, 2005
Sold by
Lane Timothy Lee and Lane Tamara Kay
Bought by
Lane Timothy Lee
Source: Public Records

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
Living Our Dreams Llc -- None Available
Corner Michael S $94,000 None Available
Mc Properties Llc -- None Available
Lane Timothy Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corner Michael S $75,200
Previous Owner Mc Properties Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2012 04/26/12 Sold $94,000 -10.4% $12 / Sq Ft
01/11/2012 01/11/12 Pending -- -- --
09/26/2011 09/26/11 For Sale $104,900 -- $13 / 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 $2,768 $118,640 $15,730 $102,910
2023 $2,625 $118,640 $15,730 $102,910
2022 $2,741 $102,560 $15,730 $86,830
2021 $2,488 $98,430 $15,730 $82,700
2020 $3,320 $98,430 $15,730 $82,700
2019 $3,316 $91,210 $15,730 $75,480
2018 $3,243 $91,210 $15,730 $75,480
2017 $3,134 $91,210 $15,730 $75,480
2016 $2,894 $85,200 $0 $0
2015 $2,894 $85,200 $0 $0
2014 $3,056 $85,200 $0 $0
2013 $3,248 $0 $0 $0
2012 -- $72,300 $10,000 $62,300
Source: Public Records

Agents Affiliated with this Home

  • Michael Ingleby

    Seller's Agent in 2012

    Michael Ingleby

    Real Broker, LLC

    (563) 340-7739

    1 in this area

    85 Total Sales

    Section Image
  • Chris Holvoet

    Buyer's Agent in 2012

    Chris Holvoet

    3% Listing Company, LLC

    (563) 505-8140

    7 in this area

    133 Total Sales

    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC4129349

RMLS Alliance

APN: F0049-09

Iowa Scott County Davenport 52803 Central Davenport

224 E 7th St, Davenport, IA

This home is located at 224 E 7th St, Davenport, IA 52803 since 26 September 2011 and is currently estimated at $164,786, approximately $20 per square foot. 224 E 7th St is a home located in Scott County with nearby schools including Madison Elementary School, Frank L. Smart Intermediate School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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