NOT LISTED FOR SALE

Estimated Value: $137,000 - $153,000

4 Beds
2 Baths
2,085 Sq Ft
$69/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $120,000 $58 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $995/month

68 Days on Market

Highlights

  • 4 Car Detached Garage
  • Level Lot
  • 1-minute walk to Vander Veer Botanical Park

About This Home

As of April 2024

In the heart of Davenport, discover a promising investment opportunity with this 2-story 2 family unit conversion. The first unit boasts 3 bedrooms and 1 bath, while the second unit offers 2 bedrooms and 1 bath. Centrally located, this property is strategically positioned for convenience and tenant appeal. Don't miss out on this excellent opportunity to invest in a well-located and versatile property!

Last Agent to Sell the Property

Nick Engelbrecht

RE/MAX Concepts Bettendorf Brokerage Email: picknickhomes@gmail.com License #S66843000/475.182849 Listed on: 12/29/2023

RE/MAX Concepts Bettendorf

Last Buyer's Agent

Nicole Moran

Prestige Realty QC License #S66291000/475.180063

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,522

Year Built

  • Built in 1919

Lot Details

  • Lot Dimensions are 53.00x140.00
  • Level Lot

Parking

  • 4 Car Detached Garage

Home Design

  • 2,085 Sq Ft Home
  • Shingle Roof
  • Aluminum Siding

Schools

  • Davenport High School

Utilities

  • Heating System Uses Gas

Additional Features

  • Unfinished Basement

Community Details

  • North Central Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number B0026-26

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,522

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1919
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 57.55
  • Age55PlusDevelopment: No
  • Attribution Contact: picknickhomes@gmail.com
  • Special Features: None

Interior Features

  • Basement: Unfinished

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Aluminum Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached
  • Total Parking Spaces: 4

Utilities

  • Heating: Gas
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Lot Size: 53.00x140.00
  • Parcel #: B0026-26

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2522
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19740
  • Resident Manager Expense: 300
  • Annual Operating Expense: 1692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Apr 10, 2024
Sold by
Andrew Wold Investments Llc
Bought by
Ellis Danielle
Seller's Agent
Nick Engelbrecht
RE/MAX Concepts Bettendorf
Buyer's Agent
Nicole Moran
Prestige Realty QC
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Views
170
Current Estimated Value
$144,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,501
Avg. Annual Appreciation
13.57%
Original Mortgage
$117,826
Outstanding Balance
$116,065
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$28,436

Purchase Details

Closed on
Jan 20, 2022
Sold by
Andrew Wold Investments Llc
Bought by
Black Lion Llc
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
Ellis Danielle $120,000 None Listed On Document
Black Lion Llc $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Danielle $117,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $120,000 -4.0% $58 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $125,000 -- $60 / 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 $2,739 $137,760 $28,570 $109,190
2023 $3,252 $137,760 $28,570 $109,190
2022 $2,921 $118,040 $23,370 $94,670
2021 $2,430 $113,220 $23,370 $89,850
2020 $2,250 $103,600 $23,370 $80,230
2019 $2,324 $103,600 $23,370 $80,230
2018 $2,276 $103,600 $23,370 $80,230
2017 $576 $103,600 $23,370 $80,230
2016 $2,082 $95,100 $0 $0
2015 $2,082 $100,230 $0 $0
2014 $2,226 $100,230 $0 $0
2013 $2,188 $0 $0 $0
2012 -- $106,730 $22,180 $84,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4249177

RMLS Alliance

APN: B0026-26