NOT LISTED FOR SALE

507 28th Ave Unit 513 Moline, IL 61265

Karstens-City Line Neighborhood

Estimated Value: $152,000 - $181,000

4 Beds
2 Baths
1,238 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $135,000 $109 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,296/month

2 Days on Market

About This Home

As of October 2021

Excellent investment property! Very well maintained identical 2 bedrooms, side by side duplex. Separated garage (new 2016) spaces with parking slabs also. 3 season room on each unit too. New furnace in east unit 7/21. New decks 2017. Just a few blocks from Hamilton Elementary. Owners have rented to family at discounted rates. There is money to be made here.

Last Listed By

Jeff Norton

Mel Foster Co. Moline License #S65544000/475.176827 Listed on: 09/07/2021

Mel Foster Co. Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 1952

Lot Details

  • 0.27

Home Design

  • Duplex

Unfinished Basement

  • Block Basement Construction

Parking

  • Garage
  • Garage Door Opener

Schools

  • Hamilton Elementary School
  • Moline High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,090

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: Lot 11 Railsback 7st Add W 44 of L 10 and All
  • Lvt Date: 09/07/2021
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Garage Door Opener(s)
  • Number Dryers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 2
  • Basement: Block, Unfinished
  • Price Per Sq Ft: 109.05
  • Total Sq Ft: 1238

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Alley, Detached, Guest Parking, On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Owned Equipment

Schools

  • Elementary School: Hamilton
  • Middle School: John Deere
  • High School: Moline
  • Elementary School: Hamilton
  • High School: Moline

Lot Info

  • Estimated Lot Size: 94x125x94x125
  • Estimated Number of Acres: 0.27
  • Lot Description: Level
  • Subdivision: Railsback
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Annual Taxes: 3089.8
  • Parcel Id Number Tax Id: 08-6120-11
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • Total Number Central Air 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: John Deere

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 6, 2021
Sold by
Anderson Jr Charles R and Anderson Donna M
Bought by
Atnip Mark A
Seller's Agent
Jeff Norton
Mel Foster Co. Moline
Buyer's Agent
Kaylie Rowe
EXP REALTY, LLC.
List Price
$133,900
Sold Price
$135,000
Premium/Discount to List
$1,100
0.82%
Total Days on Market
2
Current Estimated Value
$167,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,536
Avg. Annual Appreciation
6.11%
Original Mortgage
$108,000
Outstanding Balance
$99,548
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$67,988

Purchase Details

Closed on
Nov 12, 2020
Sold by
Myers Beverly A
Bought by
Anderson Charles R and Anderson Donna M

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 Buyer Sale Price Title Company
Atnip Mark A $135,000 Gomez May Llp
Anderson Charles R -- Stone & Palmgren
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atnip Mark A $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $135,000 +0.8% $109 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $133,900 -- $108 / 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
2023 $4,297 $50,816 $8,449 $42,367
2022 $3,881 $42,654 $8,449 $34,205
2021 $3,298 $40,740 $8,070 $32,670
2020 $3,311 $40,497 $8,022 $32,475
2019 $3,241 $39,548 $7,834 $31,714
2018 $3,090 $38,350 $7,741 $30,609
2017 $3,010 $37,561 $7,582 $29,979
2016 $2,965 $36,933 $7,455 $29,478
2015 $2,890 $36,174 $7,302 $28,872
2014 -- $36,097 $7,287 $28,810
2013 -- $36,097 $7,287 $28,810
Source: Public Records

Agents Affiliated with this Home

  • Jeff Norton

    Seller's Agent in 2021

    Jeff Norton

    [Mel Foster Brand]

    (563) 940-0877

    1 in this area

    67 Total Sales

    Jeff Norton
    Section Image
  • Kaylie Rowe

    Buyer's Agent in 2021

    Kaylie Rowe

    EXP REALTY, LLC.

    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4226143

RMLS Alliance

APN: 08-3740700-612011

Illinois Rock Island County Moline 61265 Karstens-City Line

507 28th Ave Unit 513, Moline, IL

Homes for Sale in Moline, IL

This home is located at 507 28th Ave Unit 513, Moline, IL 61265 since 07 September 2021 and is currently estimated at $167,536, approximately $135 per square foot. This property was built in 1952. 507 28th Ave Unit 513 is a home located in Rock Island County with nearby schools including Hamilton Elementary School, John Deere Middle School, and Moline Sr 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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