$115,000
SOLD NOV 5, 2021
2 Beds
5 Baths
2,332 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

4% Below List Price

About This Home

As of June 2024

Fully occupied, turn-key four-plex conversion close to St. Ambrose (.8 miles) and Palmer College (.6 miles). Property has a new roof (12/2020) and numerous updates including Ring security AV lighting, some flooring, some appliances, and much more. 4 units are: 1 bedroom plus walkthrough, one bedroom, and two studios. Coin-op laundry in building. Seller is a licensed realtor in IA and IL.

Last Agent to Sell the Property

Chase Pielak

Keller Williams Greater Quad Cities / Midwest Partners License #S67089000/475.189330 Listed on: 09/19/2021

Last Buyer's Agent

Trenton McDonough

HomeSmart Residential and Commercial Realty License #S67775000

HomeSmart Residential and Commercial Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,737

Year Built

  • Built in 1900

Home Design

  • Quadruplex

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Davenport High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,737

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Four-Plex
  • Legal Description: SMITH & KELLEY'S ADD Lot: 004 Block: 108 SMITH & KELLEY'S ADDLOT 4
  • Lvt Date: 09/19/2021
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Number Washers: 1
  • Basement: Full, Poured
  • Price Per Sq Ft: 49.31
  • Total Sq Ft: 2332

Exterior Features

  • Exterior: Asbestos Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Parking Slab, Shared Garage
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Gas, Hot Water, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 3066
  • Garbage Collection Exp: 1800
  • Laundry Facilities: Common, Owned Equipment
  • Water Sewer Expenses: 1200

Schools

  • High School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 64 x 150
  • Estimated Number of Acres: 0.22
  • Lot Description: Level
  • Subdivision: 14th Street
  • Geo Subdivision: IA

Rental Info

  • Gross Annual Rent Income: 26160

Tax Info

  • Annual Taxes: 1736.94
  • Parcel Id Number Tax Id: F0017-34
  • Tax Year: 2020

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 26460
  • 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

Listed on
Feb 24, 2024
Closed on
May 31, 2024
Sold by
Crst Realty Company Llc
Bought by
Baxter Brett S and Sebben Trevor A
Seller's Agent
Trenton McDonough
HomeSmart Residential and Commercial Realty
Buyer's Agent
Ray McDevitt
Ruhl&Ruhl REALTORS Bettendorf
List Price
$104,990
Sold Price
$87,000
Premium/Discount to List
-$17,990
-17.13%
Views
101
Current Estimated Value
$105,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,520
Avg. Annual Appreciation
19.21%
Original Mortgage
$116,250
Outstanding Balance
$115,303
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$8,636

Purchase Details

Listed on
Sep 19, 2021
Closed on
Nov 4, 2021
Sold by
Pielak Chase E and Pielak Katherine L
Bought by
Crst Realty Company Llc
Seller's Agent
Chase Pielak
Keller Williams Greater Quad Cities / Midwest Partners
Buyer's Agent
Trenton McDonough
HomeSmart Residential and Commercial Realty
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.25%
Original Mortgage
$116,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2020
Closed on
May 21, 2020
Sold by
P & D Rentals Llc
Bought by
Pielsk Chase E and Pielsk Katherine L
Seller's Agent
Dan Ryan
RE/MAX Best Commercial
Buyer's Agent
Chase Pielak
Keller Williams Greater Quad Cities / Midwest Partners
List Price
$84,900
Sold Price
$70,000
Premium/Discount to List
-$14,900
-17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.50%
Original Mortgage
$52,500
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $87,000 None Listed On Document
Warranty Deed $115,000 None Listed On Document
Warranty Deed $70,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $116,250 Credit Line Revolving
Previous Owner $116,000 New Conventional
Previous Owner $116,000 New Conventional
Previous Owner $52,500 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $87,000 -3.2% $37 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/17/2024 04/17/24 Price Changed $89,900 -9.9% $39 / Sq Ft
03/04/2024 03/04/24 Price Changed $99,750 -5.0% $43 / Sq Ft
02/24/2024 02/24/24 For Sale $104,990 -8.7% $45 / Sq Ft
11/05/2021 11/05/21 Sold $115,000 -4.1% $49 / Sq Ft
09/19/2021 09/19/21 For Sale $119,900 +71.3% $51 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
05/22/2020 05/22/20 Sold $70,000 -12.4% $30 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $79,900 -5.9% $34 / Sq Ft
01/15/2020 01/15/20 For Sale $84,900 -- $36 / 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 $2,348 $134,680 $19,030 $115,650
2023 $2,084 $134,680 $19,030 $115,650
2022 $1,652 $97,570 $19,030 $78,540
2021 $1,652 $65,360 $19,030 $46,330
2020 $1,838 $65,360 $19,030 $46,330
2019 $1,814 $61,370 $19,030 $42,340
2018 $1,908 $61,370 $19,030 $42,340
2017 $2,022 $61,370 $19,030 $42,340
2016 $2,462 $72,500 $0 $0
2015 $2,462 $72,500 $0 $0
2014 $2,600 $72,500 $0 $0
2013 $2,764 $0 $0 $0
2012 -- $74,700 $17,300 $57,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4226606

RMLS Alliance

APN: F0017-34