$230,000
SOLD JUN 5, 2025

502 48th St Unit 2 Moline, IL 61265

6 Beds
-- Bath
1,616 Sq Ft
1954 Built

Recently Sold

$142 Per Sq Ft

5 Days on Market

Highlights

  • Corner Lot
  • Two Heating Systems
  • High Speed Internet
  • 4 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 5-minute walk to O'Brien Park

About This Home

As of June 2025

No stone was left unturned on this fantastic Moline duplex! Owned & lived in by the same family since the 80s it has been meticulously taken cared of. The owners currently reside on the 504 side. Each unit is three bed & two bath. Finished basements. Siding, windows & roof 2009. 504 - Basement finished, livingroom painted, new flooring throughout & new AC 2020. Bathroom fully gutted & tiled 2011. Kitchen cabinets redone, new counter & flooring 2025. All appliances staying! (Stove 22, washer & dryer 23/24) furnace serviced yearly. 502 is currently leased to owners Mom in a month to month lease. Basement remodeled & finished 2009. New basement carpet 2021. Kitchen & bath remodeled 2019. This property has won the QC Home Improvement award in 09’. There are ample flowers & a great outdoor space to enjoy. The back patio was added in 2008. All measurements & information to be verified by buyer/agent.

Last Agent to Sell the Property

Kayla Forret-Munoz

HomeSmart Residential and Commercial Realty Brokerage Phone: 309-644-0258 License #471.020260/B66441000 Listed on: 04/20/2025

HomeSmart Residential and Commercial Realty

Co-Listed By

Heather Grabeel

HomeSmart Residential and Commercial Realty Brokerage Phone: 309-644-0258 License #475.198149

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,437

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 60 x 141 x 199 x 78
  • Corner Lot
  • Level Lot

Home Design

  • 1,616 Sq Ft Home
  • Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 4 Car Detached Garage
  • Parking Pad

Schools

  • Moline High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Mineral Spring Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 08-34-225-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,437

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1954
  • New Construction: No
  • Structure Type: One Story
  • PricePerSqFt: 142.33
  • Attribution Contact: Cell: 309-644-0258
  • Special Features: None

Interior Features

  • Basement: Egress Window(s), Finished, Full, Sump Pump
  • Total Bedrooms: 6
  • Interior Amenities: Cable Available, High Speed Internet

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: Yes

Garage/Parking

  • Parking Features: Detached, Other, Parking Pad, Common, Garage Door Opener
  • Total Parking Spaces: 4

Utilities

  • Cooling: Zoned, Central Air
  • Heating: Heating Systems - 2+, Forced Air, Natural Gas, Gas Water Heater
  • Electric Expense: 90
  • Water Sewer Expenses: 70
  • Laundry Features: Private, Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 90
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 2
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 2
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Moline

Lot Info

  • Lot Size: 60 x 141 x 199 x 78
  • Parcel #: 08-34-225-001

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3436.84
  • TaxExemptions: Homestead/Owner Occupied,Veterans Disability

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13800
  • Annual Operating Expense: 8450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2025
Closed on
Jun 4, 2025
Sold by
Estes Jonathan and Estes Tabatha
Bought by
Anderson Larry
Seller's Agent
Kayla Forret-Munoz
HomeSmart Residential and Commercial Realty
Buyer's Agent
Rick Berg and Sonia Berg
Ruhl&Ruhl REALTORS Moline
List Price
$230,000
Sold Price
$230,000
Views
37
Current Estimated Value
$214,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,441
Avg. Annual Appreciation
-18.01%
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 Type Sale Price Title Company
Warranty Deed $230,000 Advocus National Title Insuran
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2025 06/05/25 Sold $230,000 0.0% $142 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
04/20/2025 04/20/25 For Sale $230,000 -- $142 / 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 $3,924 $52,977 $5,482 $47,495
2023 $3,924 $46,513 $5,241 $41,272
2022 $3,459 $46,513 $5,241 $41,272
2021 $3,411 $44,425 $5,006 $39,419
2020 $342 $44,160 $4,976 $39,184
2019 $3,609 $43,125 $4,859 $38,266
2018 $3,609 $43,786 $4,801 $38,985
2017 $3,517 $42,885 $4,702 $38,183
2016 $3,466 $42,168 $4,623 $37,545
2015 $3,381 $41,301 $4,528 $36,773
2014 -- $41,245 $4,522 $36,723
2013 -- $41,245 $4,522 $36,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4262438

RMLS Alliance

APN: 08-34-225-001