NOT LISTED FOR SALE

326 1st Ave E Unit 2 Milan, IL 61264

Estimated Value: $65,965 - $93,000

Studio
-- Bath
800 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $55,000 $69 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $587/month

5 Days on Market

About This Home

As of May 2023

Two buildings on one parcel. The first unit needs redone on inside but all the materials are included and in the unit. Just needs a handy person. 2nd unit been rented for years.

Last Agent to Sell the Property

Tyler Fuhr

RE/MAX Concepts Moline License #471.001820/S57304000 Listed on: 04/13/2023

RE/MAX Concepts Moline

Last Buyer's Agent

Dan Kelly

Ruhl&Ruhl REALTORS Davenport License #S66645000/475.181938

Ruhl&Ruhl REALTORS Davenport

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 62x84
  • Level Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 800 Sq Ft Home
  • Partial Basement

Parking

  • 4 Parking Spaces
  • Alley Access

Schools

  • Rock Island High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System

Community Details

  • William Dickinson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-24-104-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,813

Year Built

Built in 1920

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1920
  • New Construction: No
  • Structure Type: Duplex, Other
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Partial

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, Other
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Window Unit(s)
  • Water Source: Public Sewer, Public
  • GasExpense: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Rock Island

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size: 62x84
  • Parcel #: 16-24-104-009

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1812.8
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 15, 2023
Sold by
Elliott Janet M
Bought by
Stonehouse Jonathan
Seller's Agent
Tyler Fuhr
RE/MAX Concepts Moline
Buyer's Agent
Dan Kelly
Ruhl&Ruhl REALTORS Davenport
List Price
$55,000
Sold Price
$55,000
Views
35
Current Estimated Value
$78,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,241
Avg. Annual Appreciation
13.12%
Original Mortgage
$44,000
Outstanding Balance
$22,251
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$55,990

Purchase Details

Closed on
Sep 30, 2019
Sold by
Elliott Christopher J
Bought by
Elliott Russell J and Elliott Janet M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stonehouse Jonathan $55,000 None Listed On Document
Elliott Russell J -- Roller Richard M
Elliott Christopher J -- Roller Richard M
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stonehouse Jonathan $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2023 05/18/23 Sold $55,000 0.0% $69 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $55,000 -- $69 / Sq Ft
Source: RMLS Alliance

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 $2,028 $22,005 $4,820 $17,185
2023 $2,028 $20,566 $4,505 $16,061
2022 $1,825 $18,972 $4,156 $14,816
2021 $1,813 $17,966 $3,936 $14,030
2020 $1,776 $17,510 $3,836 $13,674
2019 $1,732 $17,337 $3,798 $13,539
2018 $1,732 $17,131 $3,753 $13,378
2017 $1,581 $16,812 $3,683 $13,129
2016 $1,544 $16,729 $3,665 $13,064
2015 $1,547 $16,641 $3,646 $12,995
2014 $283 $16,283 $3,568 $12,715
2013 $283 $16,283 $3,568 $12,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4241896

RMLS Alliance

APN: 16-24-104-009

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