NOT LISTED FOR SALE

Estimated Value: $176,000 - $321,965

4 Beds
2 Baths
1,925 Sq Ft
$113/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $179,000 $93 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,416/month

5 Days on Market

Highlights

  • Two Heating Systems
  • Fenced
  • Level Lot
  • Multiple cooling system units

About This Home

As of November 2023

Discover the perfect blend of convenience, comfort, and pride of ownership in this well-maintained duplex situated on the Davenport/Bettendorf border. This outstanding property is in an unbeatable location, close to shopping, dining, I-74, and Duck Creek Golf Course. Both units have been tastefully updated and include all appliances for your tenants convenience. Outside, a beautifully manicured lot features a fenced-in yard, individual sheds for each unit, and a spacious parking pad with space for 4 vehicles. Inside, each unit offers two generously sized bedrooms, a full bathroom, a dining area, and a large living room. Notably, Unit 2826 is occupied by a long-term tenant who takes pride in caring for their rental. This is an exceptional investment opportunity - live in the vacant unit as an on-site manager or lease out for a nice monthly cash-flow. 24-hr notice to show the occupied unit.

Last Agent to Sell the Property

Katie Horsman

RE/MAX Concepts Bettendorf Brokerage Email: katie@paramounthomesqc.com License #S65107000/475.174719 Listed on: 10/03/2023

RE/MAX Concepts Bettendorf

Last Buyer's Agent

Tim Hernandez

EXP REALTY, LLC. License #S67860000/475.190352

EXP REALTY, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,107

Year Built

  • Built in 1968

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 44 x 150
  • Fenced
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,925 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Alley Access
  • Parking Garage Space

Schools

  • Davenport Central High School

Utilities

  • Multiple cooling system units
  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Spengler Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number D0057-26

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,107

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1968
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 92.99
  • Age55PlusDevelopment: No
  • Attribution Contact: katie@paramounthomesqc.com
  • Special Features: None

Interior Features

  • Basement: Full
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Alley
  • Construction Type: Brick Partial, Vinyl Siding
  • Exterior Features: Fence
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, Parking Garage
  • Total Parking Spaces: 4

Utilities

  • Heating: Heating Systems - 2+, Forced Air, Gas, Cooling Systems - 2+, Central Air, Gas Water Heater
  • Laundry Features: Owned Equipment, Private
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 2
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 2
  • NumberOfWindowUnits: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Davenport Central

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 44 x 150
  • Parcel #: D0057-26

Rental Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3062
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 7200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Nov 15, 2023
Sold by
Vasquez Adela
Bought by
Perry Richard A and Mcelhaney Claire E
Seller's Agent
Katie Horsman
RE/MAX Concepts Bettendorf
Buyer's Agent
Tim Hernandez
EXP REALTY, LLC.
List Price
$170,000
Sold Price
$179,000
Premium/Discount to List
$9,000
5.29%
Total Days on Market
5
Views
110
Current Estimated Value
$217,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,991
Avg. Annual Appreciation
13.56%
Original Mortgage
$175,757
Outstanding Balance
$173,457
Interest Rate
7.57%
Mortgage Type
FHA
Estimated Equity
$44,534

Purchase Details

Closed on
May 31, 2007
Sold by
Frogley Michael R and Frogley Kaylene T
Bought by
Vasquez Mario S and Vasquez Adela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
6.21%
Mortgage Type
New Conventional
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
Perry Richard A $179,000 None Listed On Document
Vasquez Mario S $143,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Richard A $175,757
Previous Owner Vasquez Adela $96,000
Previous Owner Vasquez Mario S $114,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $179,000 +5.3% $93 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $170,000 -- $88 / 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 $3,107 $164,780 $26,400 $138,380
2023 $3,338 $162,390 $26,400 $135,990
2022 $3,330 $143,380 $22,000 $121,380
2021 $3,076 $143,380 $22,000 $121,380
2020 $3,067 $137,960 $22,000 $115,960
2019 $2,926 $130,380 $22,000 $108,380
2018 $149 $130,380 $22,000 $108,380
2017 $725 $130,380 $22,000 $108,380
2016 $2,856 $130,380 $0 $0
2015 $2,856 $131,200 $0 $0
2014 $2,914 $131,200 $0 $0
2013 $2,864 $0 $0 $0
2012 -- $123,550 $25,960 $97,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4246998

RMLS Alliance

APN: D0057-26