$132,000
SOLD FEB 14, 2025

439-441 18th Ave Unit A Moline, IL 61265

Old Towne Neighborhood
-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Recently Sold

2% Below List Price

103 Days on Market

About This Home

As of February 2025

Side buy side duplex 2/1 with a 2 Car detached garage with recent improvements, New roof on garage, new electrical panels in both units with added electrical service to garage. Updated front railing, new carpet in bedrooms, garage painted all done in the past 10 months as well as some other minor updates. This duplex is fully occupied with the potential for increased rents or to be owner occupied as one unit is currently a month to month lease with a long term tenant who is open to moving if necessary. 2 car garage and on street parking available. Low maintenance cost and overhead for an investor or owner occupied property. Call me to day for a private showing. 24 hour notice to show, tenants rights

Last Agent to Sell the Property

Stephanie Simmons

KW 1Advantage License #S64038000/475.171369 Listed on: 10/04/2024

Last Buyer's Agent

Stephanie Simmons

KW 1Advantage License #S64038000/475.171369 Listed on: 10/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 1916

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 89.3 x 33.5
  • Corner Lot
  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Block Foundation

Schools

  • Moline High School

Additional Features

  • Laundry in unit
  • Forced Air Heating System

Community Details

Overview

  • Moline Subdivision

Building Details

  • Insurance Expense $1,080
  • Maintenance Expense $2,000
  • Gross Income $21,600
  • Net Operating Income $13,468

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,967

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Moline
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: LOT 16 DAEBELLIEHNS SUBD OF LAND IN NE .25 E 37 FT OF S 90 FT
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • Lot Features: Corner Lot, Level

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Schools

  • High School: Moline

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 89.3 x 33.5

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: 13468
  • Insurance Expense: 1080
  • GrossIncome: 21600
  • Maintenance Expense: 2000

Tax Info

  • Tax Annual Amount: 2966.8
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Feb 15, 2025
Sold by
Championship Flips Llc
Bought by
Rexroad Nicholas A
Seller's Agent
Stephanie Simmons
KW 1Advantage
Buyer's Agent
Stephanie Simmons
KW 1Advantage
List Price
$135,000
Sold Price
$132,000
Premium/Discount to List
-$3,000
-2.22%
Current Estimated Value
$136,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,594
Avg. Annual Appreciation
3.87%
Original Mortgage
$129,609
Outstanding Balance
$128,570
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$8,024
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 Type Sale Price Title Company
Warranty Deed $132,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,609 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2025 02/19/25 Off Market $135,900 -- --
02/14/2025 02/14/25 Sold $132,000 -2.2% --
01/15/2025 01/15/25 Pending -- -- --
10/04/2024 10/04/24 For Sale $135,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4257156

Midwest Real Estate Data (MRED)

APN: 17-06-210-044