$87,000
SOLD JUN 5, 2024
-- Bed
-- Bath
2,332 Sq Ft
9,496 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

17% Below List Price

63 Days on Market

About This Home

As of June 2024

Investment Opportunity! 4 plex conversion close to Ambrose (.8 Miles) & Palmer (.6 Miles) Roof Replaced in 12/2020. 4 Units are, 1 bedroom (with 2nd non conforming); 1 Bedroom; & 2 Studios. Coin Op Laundry in building is provided by outside vendor. Seller(s) are licensed Realtors in IA & IL

Last Agent to Sell the Property

Trenton McDonough

HomeSmart Residential and Commercial Realty Brokerage Phone: 563-579-3356 License #S67775000 Listed on: 02/24/2024

HomeSmart Residential and Commercial Realty

Last Buyer's Agent

Ray McDevitt

Ruhl&Ruhl REALTORS Bettendorf License #S37513000/475.141975

Ruhl&Ruhl REALTORS Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,348

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 64x150
  • Level Lot

Home Design

  • Poured Concrete
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 2,332 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Parking Pad

Schools

  • Davenport High School

Utilities

  • Window Unit Heating System
  • Heating System Uses Gas

Community Details

  • 14Th Street Subdivision
  • Trash Expense $737

Listing and Financial Details

  • Assessor Parcel Number F0017-34

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,348

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1900
  • New Construction: No
  • Structure Type: Quadruplex
  • PricePerSqFt: 37.31
  • Attribution Contact: Cell: 563-579-3356
  • Special Features: None

Interior Features

  • Basement: Full

Exterior Features

  • Lot Features: Level
  • Construction Type: Abestos
  • Foundation Details: Poured Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Parking Pad
  • Total Parking Spaces: 4

Utilities

  • Heating: Gas, Hot Water, Window Unit(s)
  • Electric Expense: 4611
  • Water Sewer Expenses: 1835
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 1
  • NumberOfElectricMeters: 1
  • NumberofWaterMeters: 1
  • NumberOfRanges: 4
  • NumberofRefrigerators: 4
  • NumberOfDishwashers: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 737
  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Lot Size: 64x150
  • Parcel #: F0017-34

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2084
  • TaxExemptions: None,Other

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 28020
  • Resident Manager Expense: 2772
  • Annual Operating Expense: 12726

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: QC4250387

RMLS Alliance

APN: F0017-34