NOT LISTED FOR SALE

Estimated Value: $133,000 - $139,000

6 Beds
2 Baths
2,520 Sq Ft
$54/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $92,000 $37 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $943/month

31 Days on Market

About This Home

As of October 2014

Davenport Iowa Real Estate For Sale! Great Rental History with this Side by Side Duplex close to Palmer College of Chiropractic! Hard to Find 3 Bedroom Each Side with Nice Yard and Large Two Car Garage! Owner states, "Renovated interior and exterior and put in about $15,000 since acquisition". This is a nice Money Maker!!!

Last Listed By

Lucky Lang

Mel Foster Co. Davenport License #S43541000 Listed on: 06/26/2014

Mel Foster Co. Davenport

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,272

Year Built

  • Built in 1860

Lot Details

  • 6,011

Home Design

  • Duplex

Schools

  • Davenport Elementary School
  • Davenport Central High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,272

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: E 1/2 of Lot 8, block 90 LeClaire's 8th Add
  • Year Built: 1860
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 36.51
  • Total Sq Ft: 2520

Exterior Features

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

Garage/Parking

  • Number Parking Spaces: 2

Utilities

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

Schools

  • Elementary School: Davenport
  • Middle School: J B Young
  • High School: Davenport Central
  • Elementary School: Davenport
  • High School: Davenport Central

Lot Info

  • Estimated Lot Size: 40 x 150
  • Lot Description: Level, Terraced
  • Subdivision: LeClaire

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 17500
  • Lease Information: Month-To-Month
  • Management Expense: 891

Tax Info

  • Annual Taxes: 1272
  • Parcel Id Number Tax Id: F0032-08
  • Tax Year: 2012

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 17500
  • 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: J B Young

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2022
Sold by
Argentum Properties Llc
Bought by
Jmm Properties Of Iowa Llc
Total Days on Market
31
Current Estimated Value
$136,667

Purchase Details

Closed on
Feb 11, 2021
Sold by
Twin Oak Properties Llc
Bought by
Argentum Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2014
Closed on
Sep 29, 2014
Sold by
D & R Treetop Properties Llc
Bought by
Twin Oak Properties Llc
Seller's Agent
Lucky Lang
Mel Foster Co. Davenport
Buyer's Agent
Michael Minard
Jones Lang LaSalle Brokerage, Inc.
List Price
$95,000
Sold Price
$92,000
Premium/Discount to List
-$3,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Apr 26, 2012
Sold by
Wulf James L and Wulf Christine M
Bought by
D & R Treetop Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,273
Interest Rate
3.87%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Jmm Properties Of Iowa Llc $116,500 --
Argentum Properties Llc $90,000 None Listed On Document
Twin Oak Properties Llc $92,000 None Available
D & R Treetop Properties Llc $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Argentum Properties Llc $135,000
Previous Owner D & R Treetop Properties Llc $76,273
Previous Owner Wulf James L $174,364
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $92,000 -3.2% $37 / Sq Ft
07/27/2014 07/27/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $95,000 -- $38 / 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 $2,141 $114,640 $14,000 $100,640
2023 $1,592 $114,640 $14,000 $100,640
2022 $2,173 $74,530 $6,400 $68,130
2021 $1,600 $74,530 $6,400 $68,130
2020 $2,833 $63,180 $6,400 $56,780
2019 $2,926 $83,360 $6,400 $76,960
2018 $2,162 $83,360 $6,400 $76,960
2017 $441 $79,310 $6,400 $72,910
2016 $1,969 $79,310 $0 $0
2015 $1,736 $55,560 $0 $0
2014 $1,234 $55,560 $0 $0
2013 $1,212 $0 $0 $0
2012 -- $58,680 $6,030 $52,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4152862

RMLS Alliance

APN: F0032-08