NOT LISTED FOR SALE

507 8th Ave Silvis, IL 61282

Estimated Value: $79,000 - $98,164

2 Beds
1 Bath
852 Sq Ft
$102/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2021

Last sale price $57,000 $67 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $623 / mo

5 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Dining Room
  • No HOA
  • Central Air
  • Replacement Windows

About This Home

As of May 2021

Affordable living in a convenient location! This home is a great opportunity for someone who wants to stop paying rent, or for someone downsizing. First time home buyer? You've found "the one". Located right on the East Moline / Silvis border. Schedule your showing today!

Last Agent to Sell the Property

Cory Horsman

RE/MAX Concepts Bettendorf License #S66237000/475.186165 Listed on: 03/31/2021

RE/MAX Concepts Bettendorf

Last Buyer's Agent

Leila Vold

NextHome QC Realty License #S67094000/475.184781

NextHome QC Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,667 Sq Ft Lot
  • Lot Dimensions are 56 x 137
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 852 Sq Ft Home
  • Replacement Windows
  • Dining Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • United Township High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Senior Freeze Tax Exemptions
  • Assessor Parcel Number 06-714-27

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

7,667 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Accessibility Features: Level, Main Level Entry, Zero Step Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Cable Available
  • Living Area: 852
  • KitchenDining: Dining Informal

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Aluminum Siding, Frame
  • Exterior Features: Replacement Windows
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Gas Water Heater
  • Water Source: Public, Public Sewer

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: United Township

Lot Info

  • Lot Size Acres: 0.176
  • Lot Size: 56 x 137
  • Additional Parcels Description: 09-31-413-027
  • Parcel #: 06-714-27

Tax Info

  • Tax Year: 2020
  • TaxExemptions: Senior Freeze

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 5, 2021
Sold by
Bought by
Seller's Agent
Cory Horsman
RE/MAX Concepts Bettendorf
Buyer's Agent
Leila Vold
NextHome QC Realty
List Price
$54,900
Sold Price
$57,000
Premium/Discount to List
$2,100
3.83%
Current Estimated Value
$86,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,791
Avg. Annual Appreciation
8.65%
Original Mortgage
$51,300
Outstanding Balance
$50,360
Interest Rate
13.23%
Mortgage Type
New Conventional
Estimated Equity
$36,431

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 12, 2020
Sold by
Bought by
Seller's Agent
UNREPRESENTED Properties
Unrepresented Properties
Buyer's Agent
Cory Horsman
RE/MAX Concepts Bettendorf
List Price
$43,000
Sold Price
$43,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.12%
Original Mortgage
$41,710
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$57,000 Gomez Title
$43,000 Gomez Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $51,300
Previous Owner $41,710
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2021 05/07/21 Sold $57,000 +3.8% $67 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $54,900 +27.7% $64 / Sq Ft
08/13/2020 08/13/20 Sold $43,000 0.0% $50 / Sq Ft View Prior Sale
07/10/2020 07/10/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $43,000 -- $50 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,871 $24,270 $4,853 $19,417
2023 $1,713 $22,746 $4,548 $18,198
2022 $1,746 $24,220 $4,842 $19,378
2021 $2,274 $23,155 $4,629 $18,526
2020 $0 $0 $0 $0
2019 $4,823 $22,443 $4,487 $17,956
2018 $0 $22,443 $4,487 $17,956
2017 $0 $22,024 $4,403 $17,621
2016 $0 $21,914 $4,381 $17,533
2015 $0 $20,202 $4,039 $16,163
2014 -- $19,696 $3,938 $15,758
2013 -- $19,696 $3,938 $15,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4220096

RMLS Alliance

APN: 09-31-413-027

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