NOT LISTED FOR SALE

Estimated Value: $162,000 - $190,000

6 Beds
4 Baths
2,088 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $100,000 $48 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,265/month

60 Days on Market

About This Home

As of June 2014

great investment property , must see

Last Listed By

Deb Haussmann

KW 1Advantage License #B44293000/471.021466 Listed on: 03/24/2014

KW 1Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1976

Lot Details

  • 6,708

Home Design

  • Duplex

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Davenport High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,460

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Albrecht's Ad
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Price Per Sq Ft: 47.89
  • Total Sq Ft: 2088

Exterior Features

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

Garage/Parking

  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Laundry Facilities: Units Hook-Ups

Schools

  • High School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 6726
  • Lot Description: Level
  • Subdivision: Albrecht
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 16800
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 2460
  • Parcel Id Number Tax Id: A0037-38A
  • 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: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2014
Closed on
Jun 26, 2014
Sold by
Mtc Properties Llc Series E
Bought by
Armetta Isaac E and Armetta Jonell S
Seller's Agent
Deb Haussmann
KW 1Advantage
Buyer's Agent
Mickey Turner
Mel Foster Co. Davenport
List Price
$121,000
Sold Price
$100,000
Premium/Discount to List
-$21,000
-17.36%
Total Days on Market
60
Current Estimated Value
$181,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,417
Avg. Annual Appreciation
5.61%
Original Mortgage
$75,000
Outstanding Balance
$58,037
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$123,380

Purchase Details

Closed on
Jun 20, 2007
Sold by
Collins Michael L and Collins Tammy J
Bought by
Mtc Properties Llc Series E

Purchase Details

Closed on
Apr 4, 2007
Sold by
Keegan Robert J
Bought by
Collins Michael L and Collins Tammy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.19%
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
Armetta Isaac E $100,000 None Available
Mtc Properties Llc Series E -- None Available
Collins Michael L $109,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armetta Isaac E $75,000
Previous Owner Mtc Properties Llc Series E $118,500
Previous Owner Collins Michael L $120,000
Previous Owner Keegan Robert J $50,195
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $100,000 -17.4% $48 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $121,000 -- $58 / 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 $2,999 $170,510 $20,980 $149,530
2023 $3,086 $157,220 $20,980 $136,240
2022 $2,976 $144,510 $20,980 $123,530
2021 $2,976 $138,720 $20,980 $117,740
2020 $3,163 $122,310 $20,980 $101,330
2019 $2,773 $122,310 $20,980 $101,330
2018 $71 $122,310 $20,980 $101,330
2017 $665 $119,570 $20,980 $98,590
2016 $2,749 $119,570 $0 $0
2015 $2,618 $115,320 $0 $0
2014 $2,562 $115,320 $0 $0
2013 $2,516 $0 $0 $0
2012 -- $113,500 $19,970 $93,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4150216

RMLS Alliance

APN: A0037-38A