NOT LISTED FOR SALE

309 3rd Avenue A Hampton, IL 61256

Estimated Value: $295,000 - $304,000

Studio
-- Bath
5,270 Sq Ft
$57/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $275,000 $52 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,115/month

7 Days on Market

About This Home

As of July 2023

Here is an exceptional investment opportunity to get this 8-unit apartment complex in Hampton. Each unit has 1 bedroom and 1 bath. Some renovations have been done to some units. There are decks for the upper-level units and a communal outdoor area. You'll find 8 water heaters, 8 furnaces, 8 stoves, and 8 refrigerators. The roof was replaced in 2016.

Last Agent to Sell the Property

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 06/02/2023

RE/MAX Concepts Bettendorf

Co-Listed By

Melissa Greer

RE/MAX Concepts Bettendorf License #S64627000/475.170560

Last Buyer's Agent

David Vyncke

RE/MAX Concepts Moline License #471.006540/B57104000

RE/MAX Concepts Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,132

Year Built

  • Built in 1965

Lot Details

  • 13,504 Sq Ft Lot
  • Lot Dimensions are 59x140
  • Level Lot

Home Design

  • 5,270 Sq Ft Home
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Parking

  • 8 Parking Spaces
  • On-Street Parking

Schools

  • United Township High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • Trash Expense $159

Listing and Financial Details

  • Assessor Parcel Number 09-17-117-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,132

Year Built

Built in 1965

Lot Details

0.31 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1965
  • New Construction: No
  • Structure Type: Two or More Story, Apartment Building
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Unfinished

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: Yes

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 8

Utilities

  • Heating: Forced Air, Gas, Central Air, Gas Water Heater, Window Unit(s)
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 456
  • NumberOfRanges: 8
  • NumberofRefrigerators: 8
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfWindowUnits: 0

Fee Information

  • Trash Expense: 159
  • AdvertisingExpense: 0

Schools

  • High School: United Township

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size: 59X140
  • Parcel #: 09-17-117-011

Rental Info

  • Tenant Pays: Other
  • Lease Term: Variable

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6132.24
  • TaxExemptions: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Aug 4, 2023
Sold by
Hampton L & R Associates Llc
Bought by
Hampton L & R Associates Llc Series 4
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
David Vyncke
RE/MAX Concepts Moline
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Views
15
Current Estimated Value
$301,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,000
Avg. Annual Appreciation
3.42%
Original Mortgage
$404,000
Outstanding Balance
$392,667
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$91,667

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 17, 2023
Sold by
Prkd V
Bought by
Hampton L & R Associates Llc
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
David Vyncke
RE/MAX Concepts Moline
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Outstanding Balance
$392,667
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$91,667
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hampton L & R Associates Llc Series 4 -- None Listed On Document
Hampton L & R Associates Llc $252,500 Gomez Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hampton L & R Associates Llc $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $275,000 -3.5% $52 / Sq Ft
06/02/2023 06/02/23 For Sale $285,000 -- $54 / Sq Ft
Source: RMLS Alliance

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 $6,087 $76,276 $8,981 $67,295
2023 $6,087 $71,486 $8,417 $63,069
2022 $6,132 $69,537 $8,188 $61,349
2021 $5,873 $66,479 $7,828 $58,651
2020 $5,778 $65,626 $7,728 $57,898
2019 $5,814 $64,434 $7,588 $56,846
2018 $5,730 $64,434 $7,588 $56,846
2017 $5,517 $63,233 $7,447 $55,786
2016 $5,471 $62,918 $7,410 $55,508
2015 $5,392 $61,685 $7,265 $54,420
2014 -- $60,139 $7,083 $53,056
2013 -- $60,139 $7,083 $53,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4243334

RMLS Alliance

APN: 09-17-117-011

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