NOT LISTED FOR SALE

Estimated Value: $76,000 - $108,000

4 Beds
2 Baths
2,365 Sq Ft
$40/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $48,000 $20 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $695/month

213 Days on Market

About This Home

As of June 2017

This side by side residential income property is a good source of income. New windows in the last 3 years! Refinished original hardwood floors on one side and many new doors throughout! Tenants pay utilities. Don't miss the opportunity.

Last Listed By

Mike Tanner

Ruhl&Ruhl REALTORS Bettendorf License #S61989000/475.165973 Listed on: 10/04/2016

Ruhl&Ruhl REALTORS Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,086

Year Built

  • Built in 1900

Lot Details

  • 4,138

Home Design

  • Duplex

Schools

  • Davenport Elementary School
  • Davenport High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,086

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Lengthy
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 20.3
  • Total Sq Ft: 2365

Exterior Features

  • Exterior: Wood Siding
  • Road Access: Curbs & Gutters

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, No Cooling, Water Heater - Gas
  • Laundry Facilities: Units Hook-Ups

Schools

  • Elementary School: Davenport
  • Middle School: Davenport
  • High School: Davenport
  • Elementary School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 45 x 92
  • Lot Description: Level

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 14400
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 1086
  • Parcel Id Number Tax Id: G0022-23
  • Tax Year: 2014

Multi Family

  • Total Number Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

MLS Schools

  • Middle School: Davenport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2016
Closed on
Jun 6, 2017
Sold by
Tiernan Brain and Tiernan Ann
Bought by
Gwinnup Joshua and Gwinnup Crystal
Seller's Agent
Mike Tanner
Ruhl&Ruhl REALTORS Bettendorf
Buyer's Agent
James Hand
Associated Real Estate Counselors LeClaire
List Price
$57,900
Sold Price
$48,000
Premium/Discount to List
-$9,900
-17.1%
Total Days on Market
213
Current Estimated Value
$94,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,845
Original Mortgage
$36,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2014
Sold by
Tierman Brian and Tierman Ann
Bought by
Gwinnup Joshua and Gwinnup Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,375
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2007
Sold by
Gwinnup Joshua E and Gwinnup Crystal
Bought by
Tiernan Brian and Tiernan Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2007
Sold by
Allen Terry Franklin and Allen Toi Rene
Bought by
Gwinnup Joshua E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
6.22%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Gwinnup Joshua $55,000 None Available
Gwinnup Joshua $55,000 None Available
Tiernan Brian $62,000 Security First Title Co
Gwinnup Joshua E $32,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Griebel Jeffrey D $50,000
Closed Gwinnup Joshua $36,000
Previous Owner Tiernan Brian $53,375
Previous Owner Tiernan Brian $55,800
Previous Owner Gwinnup Joshua E $28,800
Closed Gwinnup Joshua $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $48,000 -17.1% $20 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
10/04/2016 10/04/16 For Sale $57,900 -- $24 / 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 $1,998 $77,270 $11,850 $65,420
2023 $1,276 $77,270 $11,850 $65,420
2022 $1,358 $59,780 $5,830 $53,950
2021 $1,088 $50,660 $5,830 $44,830
2020 $992 $45,630 $5,830 $39,800
2019 $1,136 $43,540 $5,830 $37,710
2018 $1,026 $43,540 $5,830 $37,710
2017 $1,838 $43,540 $5,830 $37,710
2016 $1,429 $48,250 $0 $0
2015 $1,056 $0 $0 $0
2014 $1,086 $0 $0 $0
2013 $1,068 $0 $0 $0
2012 -- $61,790 $6,510 $55,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4176685

RMLS Alliance

APN: G0022-23