NOT LISTED FOR SALE

Estimated Value: $57,000

3 Beds
2 Baths
1,116 Sq Ft
$51/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $56,000 $50 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $348/month

43 Days on Market

About This Home

As of June 2021

Here is a great investment property located in Rock Island. Side-by-side duplex with 2 units. Unit 1 has 2 bedrooms and a full bath and Unit 2 is a studio style apartment with a full bath. Plenty of parking for your tenants! New water heater just a few months ago. This is a fabulous home for any buyer. Live on one side and rent the other! Don't miss out on this opportunity!

Last Agent to Sell the Property

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 02/02/2021

RE/MAX Concepts Bettendorf

Co-Listed By

Melissa Greer

RE/MAX Concepts Bettendorf License #S64627000/475.170560

Last Buyer's Agent

Dan Ryan

RE/MAX Best Commercial License #B42898000/475.142840

RE/MAX Best Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,889

Year Built

  • Built in 1948

Lot Details

  • 10,454

Home Design

  • Duplex

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Schools

  • Rock Island High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,889

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: LOT 11 MC INNIS BROS 11TH STREET ADD and LOT 10 MC INNIS BROS 11TH STREET ADD
  • Lvt Date: 02/02/2021
  • Year Built: 1948
  • Senior Community: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Partial, Block, Unfinished
  • Price Per Sq Ft: 50.18
  • Total Sq Ft: 1116

Exterior Features

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

Garage/Parking

  • Garage Parking: Guest Parking, On-Street Parking
  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 132
  • Laundry Facilities: Units Hook-Ups
  • Water Sewer Expenses: 1180

Schools

  • High School: Rock Island
  • High School: Rock Island

Lot Info

  • Estimated Lot Size: See Assoc Docs
  • Estimated Number of Acres: 0.248
  • Lot Description: Level
  • Subdivision: McInnis Brothers
  • Additional Assessor Parcel Numbers: 16-11-301-067

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 13800
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 1888.96
  • Parcel Id Number Tax Id: 16-11-301-068
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 13800
  • Total Number Central Air Units: 1
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Tsr Rental Llc
Bought by
Simon Ndabishuriya
Current Estimated Value
$57,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,349
Outstanding Balance
$39,101
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2021
Closed on
Jun 3, 2021
Sold by
Hicks Shawn R
Bought by
Ndabishuriya Simon and Stire Adam
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Dan Ryan
RE/MAX Best Commercial
List Price
$53,900
Sold Price
$56,000
Premium/Discount to List
$2,100
3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1971
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
Simon Ndabishuriya -- None Listed On Document
Ndabishuriya Simon $56,000 --
-- $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Ndabishuriya $41,349
Previous Owner Ndabishuriya Simon $44,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $56,000 +3.9% $50 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $53,900 -- $48 / 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 $445 $4,419 $4,419 $0
2023 $445 $4,043 $4,043 $0
2022 $388 $3,793 $3,793 $0
2021 $380 $3,602 $3,602 $0
2020 $372 $3,504 $3,504 $0
2019 $368 $3,469 $3,469 $0
2018 $352 $3,378 $3,378 $0
2017 $342 $3,266 $3,266 $0
2016 $332 $3,266 $3,266 $0
2015 $331 $3,266 $3,266 $0
2014 -- $3,291 $3,291 $0
2013 -- $3,291 $3,291 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4218631

RMLS Alliance

APN: 16-11-301-067