NOT LISTED FOR SALE

Estimated Value: $220,000 - $265,000

7 Beds
4 Baths
1,890 Sq Ft
$125/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $175,000 $93 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,489/month

23 Days on Market

About This Home

As of April 2021

Check out this well kept, 2 duplexes on one parcel located in Rock Island close to shopping and schools. You'll discover 3 units with 2 bedrooms and 1 full bath while the other unit has 1 bedroom and 1 full bath. Most of the units have gorgeous hardwood flooring throughout. All 4 units share a driveway and there is a 2 car garage and plenty of guest parking. Don't miss out on this great investment opportunity!

Last Agent to Sell the Property

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 02/05/2021

RE/MAX Concepts Bettendorf

Co-Listed By

Melissa Greer

RE/MAX Concepts Bettendorf License #S64627000/475.170560

Last Buyer's Agent

Todd Ryckeghem

Milltown Realty, LLC License #475.182724

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,322

Year Built

  • Built in 1930

Lot Details

  • 0.5

Interior Spaces

  • 2-Story Property

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • 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

$7,322

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: SUPVR ASST MAP LOT 248 SHEET 3
  • Lvt Date: 02/05/2021
  • Year Built: 1930
  • Senior Community: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Block, Partially Finished
  • Price Per Sq Ft: 92.59
  • Total Sq Ft: 1890

Exterior Features

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

Garage/Parking

  • Garage Parking: Detached, Shared Garage
  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: Forced Air, Gas, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 2412
  • Garbage Collection Exp: 680
  • Gas Expense: 2292
  • Laundry Facilities: Private
  • Water Sewer Expenses: 1640

Schools

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

Lot Info

  • Estimated Lot Size: 81x126
  • Estimated Number of Acres: 0.5
  • Lot Description: Level
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 32220
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 7322
  • Parcel Id Number Tax Id: 16-01-200-017
  • Tax Year: 2019

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 32220
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Apr 7, 2021
Sold by
Hicks Shawn R
Bought by
Vanderkooi Michael and Vanderkooi Nanette
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Todd Ryckeghem
Milltown Realty, LLC
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$236,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,277
Avg. Annual Appreciation
9.05%
Original Mortgage
$131,250
Outstanding Balance
$80,072
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$177,941

Purchase Details

Listed on
Jan 29, 2020
Closed on
Feb 28, 2020
Sold by
Boland Joseph P and Boland Gina L
Bought by
Hicks Shawn R
Seller's Agent
UNREPRESENTED Properties
Unrepresented Properties
Buyer's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$128,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Vanderkooi Michael $175,000 --
Hicks Shawn R $160,000 Churchill & Churchill Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanderkooi Michael $131,250
Previous Owner Hicks Shawn R $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $175,000 -2.7% $93 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $179,900 0.0% $95 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $179,900 +12.4% $95 / Sq Ft
02/28/2020 02/28/20 Sold $160,000 0.0% $49 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $160,000 -11.1% $49 / Sq Ft
05/29/2015 05/29/15 Sold $180,000 -8.6% $55 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
10/10/2014 10/10/14 For Sale $197,000 -- $60 / 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 $8,404 $82,380 $9,476 $72,904
2023 $8,404 $78,607 $9,042 $69,565
2022 $7,498 $72,266 $8,490 $63,776
2021 $7,424 $69,353 $8,148 $61,205
2020 $7,328 $67,661 $7,949 $59,712
2019 $7,000 $67,661 $7,949 $59,712
2018 $7,000 $65,922 $7,949 $57,973
2017 $6,779 $64,948 $7,832 $57,116
2016 $6,537 $63,674 $7,678 $55,996
2015 $6,268 $60,355 $7,278 $53,077
2014 -- $52,132 $7,195 $44,937
2013 -- $52,132 $7,195 $44,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4218727

RMLS Alliance

APN: 16-01-200-017