NOT LISTED FOR SALE

Estimated Value: $228,000 - $292,000

8 Beds
4 Baths
3,348 Sq Ft
$75/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2019

Last sale price $149,000 $45 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,940 / mo

2 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Wood Siding

About This Home

As of September 2019

Great income property! Almost half windows replaced, exterior doors to apartments. 3 Roof A/C newer, 1 older, furnace about 10 years, Roof '05. 2 units vacant being painted and some new flooring. Deck and steps about 5 years old. Back parking lot. Being sold "AS IS"

Last Agent to Sell the Property

Mary Bennett-McClean

RE/MAX Concepts Moline License #475135226 Listed on: 07/31/2019

RE/MAX Concepts Moline

Last Buyer's Agent

George Karfis

LPT Realty, LLC License #S64164000

Range of Values:

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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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,036

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 79 x 122
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Wood Siding
  • Aluminum Siding

Schools

  • Jefferson Elementary School
  • Edison Middle School
  • Rock Island High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Building Details

  • Insurance Expense $1,200
  • Gross Income $25,200
  • Net Operating Income $24,000

Additional Features

  • Matthew Heights Subdivision
  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,036

Year Built

Built in 1967

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Matthew Heights
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Matthew Hesohts 4th ADDN Lot 3
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • Lot Features: Level, Sloped
  • OtherStructures: On Street

Garage/Parking

  • Parking Features: On Street, Other

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: None
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Jefferson
  • High School: Rock Island
  • Middle/Junior School: Edison

Lot Info

  • Lot Dimensions: 79 x 122

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: 24000
  • Insurance Expense: 1200
  • GrossIncome: 25200

Tax Info

  • Tax Annual Amount: 5036
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Sep 11, 2019
Sold by
Bought by
Seller's Agent
Mary Bennett-McClean
RE/MAX Concepts Moline
Buyer's Agent
George Karfis
LPT Realty, LLC
List Price
$154,900
Sold Price
$149,000
Premium/Discount to List
-$5,900
-3.81%
Current Estimated Value
$252,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,534
Avg. Annual Appreciation
7.89%
Original Mortgage
$140,000
Outstanding Balance
$120,460
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$132,074
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$149,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $140,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/13/2019 09/13/19 Sold $149,000 -3.8% $45 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $154,900 -- $46 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,654 $74,283 $12,667 $61,616
2024 $6,654 $70,078 $11,950 $58,128
2023 $6,459 $65,493 $11,168 $54,325
2022 $5,810 $60,418 $10,303 $50,115
2021 $5,773 $57,214 $9,757 $47,457
2020 $566 $55,764 $9,510 $46,254
2019 $5,672 $55,212 $9,416 $45,796
2018 $5,516 $54,557 $9,304 $45,253
2017 $5,036 $53,540 $9,131 $44,409
2016 $4,947 $53,607 $9,086 $44,521
2015 $4,958 $53,324 $9,038 $44,286
2014 $1,115 $52,176 $8,843 $43,333
2013 $1,115 $52,176 $8,843 $43,333
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4204520

Midwest Real Estate Data (MRED)

APN: 16-26-202-003

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