NOT LISTED FOR SALE

2418 W 40th St Davenport, IA 52806

North Side Neighborhood

Estimated Value: $159,000 - $190,000

4 Beds
2 Baths
1,372 Sq Ft
$126/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $136,900 $100 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,133/month

45 Days on Market

About This Home

As of April 2020

Well located duplex in very nice condition. Unit 2418 totally remodeled and brand new! Appliances new in unit 2418. Furnace and CAC 2009 - Roof 2019. Month to month leases. Owner prefers to sell as package with 4009 - 11 N. Linwood listing # qc4209266 which is adjacent. FHA/VA financing available for owner occupant. 1 Year TMI Home Warranty!

Last Agent to Sell the Property

Scott Kelling

Mel Foster Co. Davenport License #B04983000 Listed on: 02/10/2020

Mel Foster Co. Davenport

Last Buyer's Agent

Ray McDevitt

Ruhl&Ruhl REALTORS Bettendorf License #S37513000/475.141975

Ruhl&Ruhl REALTORS Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,202

Year Built

  • Built in 1965

Lot Details

  • 8,799

Home Design

  • Duplex

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Davenport Elementary School
  • Davenport High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,202

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Westgate 3rd Addn Lot 9 BLK 4
  • Lvt Date: 02/10/2020
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Full, Poured, Unfinished
  • Price Per Sq Ft: 99.78
  • Total Sq Ft: 1372

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved

Garage/Parking

  • Garage Parking: On-Street Parking, Parking Slab
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water, Sump Pump Hole, Sump Pump
  • Laundry Facilities: Units Hook-Ups

Schools

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

Lot Info

  • Estimated Lot Size: 73 X 120
  • Lot Description: Corner, Level
  • Subdivision: West Gate
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 17100
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 2202
  • Parcel Id Number Tax Id: 01623D01
  • Tax Year: 2018

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 17100
  • 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: Davenport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Apr 22, 2020
Sold by
Fentress Arnold R
Bought by
Williams Erin
Seller's Agent
Scott Kelling
Mel Foster Co. Davenport
Buyer's Agent
Ray McDevitt
Ruhl&Ruhl REALTORS Bettendorf
List Price
$139,900
Sold Price
$136,900
Premium/Discount to List
-$3,000
-2.14%
Current Estimated Value
$172,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,341
Avg. Annual Appreciation
4.39%
Original Mortgage
$134,419
Outstanding Balance
$119,114
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$53,127

Purchase Details

Closed on
Mar 17, 2009
Sold by
Woods Julie G
Bought by
Federal National Mortgage Association
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
Williams Erin $137,000 None Available
Federal National Mortgage Association $91,077 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Erin $7,148
Closed Williams Erin $5,055
Closed Williams Erin $5,055
Open Williams Erin $134,419
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $136,900 -2.1% $100 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $139,900 -- $102 / 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 $2,368 $136,190 $28,740 $107,450
2023 $2,402 $136,190 $28,740 $107,450
2022 $2,236 $105,620 $23,670 $81,950
2021 $2,074 $105,620 $23,670 $81,950
2020 $2,406 $105,620 $23,670 $81,950
2019 $2,319 $98,170 $23,670 $74,500
2018 $2,813 $98,170 $23,670 $74,500
2017 $2,415 $94,440 $23,670 $70,770
2016 $2,068 $90,720 $0 $0
2015 $1,986 $91,910 $0 $0
2014 $2,042 $91,910 $0 $0
2013 $2,006 $0 $0 $0
2012 -- $91,920 $21,180 $70,740
Source: Public Records

Agents Affiliated with this Home

  • Scott Kelling

    Seller's Agent in 2020

    Scott Kelling

    [Mel Foster Brand]

    (563) 340-7792

    39 in this area

    180 Total Sales

    Scott Kelling
    Section Image
  • Ray McDevitt

    Buyer's Agent in 2020

    Ray McDevitt

    Ruhl&Ruhl REALTORS Bettendorf

    (563) 940-0754

    34 in this area

    271 Total Sales

    Ray McDevitt
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC4209262

RMLS Alliance

APN: O1623D01

Iowa Scott County Davenport 52806 North Side

2418 W 40th St, Davenport, IA

This home is located at 2418 W 40th St, Davenport, IA 52806 since 10 February 2020 and is currently estimated at $172,241, approximately $125 per square foot. This property was built in 1965. 2418 W 40th St is a home located in Scott County with nearby schools including Buchanan Elementary School, Williams Intermediate School, and North 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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