NOT LISTED FOR SALE

314 E Rusholme St Davenport, IA 52803

Near North Side Neighborhood

Estimated Value: $118,000 - $133,000

3 Beds
3 Baths
2,340 Sq Ft
$53/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $110,000 $47 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $911/month

117 Days on Market

About This Home

As of May 2024

Introducing a prime investment opportunity, centrally located in Davenport. This two-story, three-family conversion home is on a quiet street and features a spacious 2-bed, 1-bath unit, 1-bed, 1-bath unit, as well as a studio with 1-bath. With 100% occupancy and tenants responsible for electric bills, this property promises a lucrative venture in the thriving Davenport real estate market. Don't miss your chance to secure a sound investment in this sought-after location! Schedule your private tour today!

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

Nick Engelbrecht

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

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1914

Lot Details

  • Lot Dimensions are 60x140
  • Level Lot

Parking

  • 6 Car Detached Garage

Home Design

  • 2,340 Sq Ft Home
  • Concrete Foundation
  • Shingle Roof
  • Aluminum Siding

Schools

  • Davenport High School

Utilities

  • Radiant Heating System

Additional Features

  • Unfinished Basement

Community Details

  • Ballord Subdivision
  • Trash Expense $330

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number C0048-33

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,675

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1914
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 47.01
  • 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
  • Foundation Details: Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached
  • Total Parking Spaces: 6

Utilities

  • Heating: Radiant, No Cooling, Other
  • Electric Expense: 1200
  • Water Sewer Expenses: 1500
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 3
  • NumberOfElectricMeters: 3
  • NumberofWaterMeters: 3
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Fee Information

  • Trash Expense: 330
  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Lot Size: 60x140
  • Parcel #: C0048-33

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2306
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 21600
  • Resident Manager Expense: 300
  • Annual Operating Expense: 4623

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

Mortgage History

Date Status Borrower Loan Amount
Closed Twisted Metal Atlanta Llc $199,500
Closed Twisted Metal Atlanta Llc $128,000
Closed Andrew Wold Investments Llc $5,865,095
Closed Classic Properties Inc $78,705
Closed Sleren Robert M $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $110,000 -8.3% $47 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/21/2024 04/21/24 Price Changed $119,900 -14.3% $51 / Sq Ft
03/15/2024 03/15/24 Price Changed $139,900 -3.5% $60 / Sq Ft
12/29/2023 12/29/23 For Sale $145,000 -- $62 / 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 $2,675 $144,550 $20,550 $124,000
2023 $4,801 $144,550 $20,550 $124,000
2022 $3,629 $107,990 $20,550 $87,440
2021 $2,626 $103,910 $20,550 $83,360
2020 $3,240 $103,910 $20,550 $83,360
2019 $3,396 $95,100 $20,550 $74,550
2018 $918 $95,100 $20,550 $74,550
2017 $749 $95,100 $20,550 $74,550
2016 $3,056 $90,000 $0 $0
2015 $3,056 $90,000 $0 $0
2014 $3,228 $90,000 $0 $0
2013 $3,430 $0 $0 $0
2012 -- $95,600 $20,900 $74,700
Source: Public Records

Agents Affiliated with this Home

  • Nick Engelbrecht

    Seller's Agent in 2024

    Nick Engelbrecht

    RE/MAX

    (563) 484-6346

    15 in this area

    196 Total Sales

    Nick Engelbrecht
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Map

Source: RMLS Alliance

MLS Number: QC4249155

RMLS Alliance

APN: C0048-33

Iowa Scott County Davenport 52803 Near North Side

314 E Rusholme St, Davenport, IA

This home is located at 314 E Rusholme St, Davenport, IA 52803 since 29 December 2023 and is currently estimated at $123,000, approximately $52 per square foot. This property was built in 1914. 314 E Rusholme St is a home located in Scott County with nearby schools including Madison Elementary School, Williams Intermediate School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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