NOT LISTED FOR SALE

505 1st Ave Silvis, IL 61282

Estimated Value: $100,511 - $126,000

-- Bed
-- Bath
1,004 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $120,000 $120 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $692/month

670 Days on Market

About This Home

As of May 2019

2 Metal Pole Buildings. Each building has separate electric meters. Building closest to alley is 42' x 72' and has heated workshop space 41' x 25', man door and drive-in 10' tall x 18' with door operator. 9000 lb. car hoist, air compressor, air lines along walls and line reels. 220 outlets. Storage room is insulated with no heat. Building 2 is 41' x 88' and is insulated. Included on 1st Ave is a vacant lot - 40' x 111' and would be the access for water, and access for sewer is in alley in front of the metal buildings. Purchaser installed water from 1st Ave. and sewer to building at purchaser's expense. Purchaser paid no rent from March 2018. Purchaser paid all of 2018 taxes and no pro-ration of 2019.

Last Agent to Sell the Property

Craig Wainwright

Wainwright Realty License #471.006013/B59424000 Listed on: 05/12/2016

Last Buyer's Agent

Craig Wainwright

Wainwright Realty License #471.006013/B59424000 Listed on: 05/12/2016

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1965

Lot Details

  • 0.81

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$2,338

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Maximum Ceiling Ht Feet: 12
  • Min Ceiling Ht Feet: 12
  • Other Access: None
  • Total Building Sq Ft: 6632
  • Estimated Lot Sq Ft: 121x284x120x301

Exterior Features

  • Exterior Finish: Aluminum
  • Frontage Access: City Street, Other Frontage/Access
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Other Wall Construction

Utilities

  • Cooling: None
  • Heating: Gas
  • Water Supply: None

Lot Info

  • Estimated Number of Acres: 0.81
  • Zoning: Commercial
  • Geo Subdivision: IL
  • Property Use: Self/Mini-Storage, Warehouse

Rental Info

  • Owner Pays: All
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 2338.22
  • Parcel Id Number Tax Id: 06621-3
  • Tax Incentive: In City Limit
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Acosta Flor Lorena Marquez
Bought by
Acosta Flor Lorena Marqu and Acosta Carlos Ramiro
Current Estimated Value
$107,021

Purchase Details

Closed on
Oct 23, 2023
Sold by
Larry W Sheraden Revocable Trust
Bought by
Acosta Flor Lorena Marqu
Source: Public Records

Range of Values:

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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
Acosta Flor Lorena Marqu -- Gomez Title
Acosta Flor Lorena Marqu $97,000 Gomez Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larry W Sheraden Revocable Tru $63,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $120,000 -19.5% $120 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
05/12/2016 05/12/16 For Sale $149,000 +105.5% $148 / Sq Ft
09/18/2014 09/18/14 Sold $72,500 -19.4% $73 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
06/28/2013 06/28/13 For Sale $90,000 -- $90 / 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 $3,431 $36,603 $3,392 $33,211
2023 $3,431 $28,006 $2,595 $25,411
2022 $1,320 $27,243 $2,524 $24,719
2021 $1,352 $26,045 $2,413 $23,632
2020 $1,364 $25,711 $2,382 $23,329
2019 $1,376 $25,244 $2,339 $22,905
2018 $1,369 $25,244 $2,339 $22,905
2017 $1,381 $24,773 $2,295 $22,478
2016 $1,377 $24,650 $2,284 $22,366
2015 $1,352 $24,166 $2,239 $21,927
2014 -- $26,276 $2,183 $24,093
2013 -- $26,276 $2,183 $24,093
Source: Public Records

Agents Affiliated with this Home

  • Craig Wainwright

    Seller's Agent in 2019

    Craig Wainwright

    Wainwright Realty

    (309) 236-8523

    3 in this area

    120 Total Sales

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Map

Source: RMLS Alliance

MLS Number: RMAQC7035226

RMLS Alliance

APN: 09-31-209-002

Illinois Rock Island County Silvis 61282

505 1st Ave, Silvis, IL

This home is located at 505 1st Ave, Silvis, IL 61282 since 12 May 2016 and is currently estimated at $114,628, approximately $114 per square foot. This property was built in 1965. 505 1st Ave is a home located in Rock Island County with nearby schools including George O Barr School, Silvis Junior High School, and United Township High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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