NOT LISTED FOR SALE

509 12th St Unit 511 Silvis, IL 61282

Silvis Neighborhood

Estimated Value: $153,000 - $204,000

4 Beds
2 Baths
1,500 Sq Ft
$122/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $185,000 $123 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,386/month

2 Days on Market

About This Home

As of January 2023

Wow! This is one of the nicest duplexes you will ever see. Super clean property that was maintained meticulously by the owner that had lived in for 32 years. Side by side 2BR/1 bath with 1 car garage each with full basements. Unit 509 is vacant and the basement side is finished. Tenant in unit 511 has been in the property for 17 years and only pays $525 a month but when the lease is up in July, she understands rent will be raised to market price. Everything in this property is newer or has been updated. Private back yard with shed. Seller is A Realtor Licensed in Iowa and Illinois

Last Listed By

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 12/08/2022

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,231

Year Built

  • Built in 1962

Lot Details

  • 0.26

Interior Spaces

  • 1-Story Property
  • Storage
  • Partially Finished Basement
  • Block Basement Construction

Schools

  • United Township High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,231

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story
  • Legal Description: Supvr Asst Map Lot 345 Sheet 70
  • Lvt Date: 12/09/2022
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Additional Storage
  • Number Dryers: 1
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 1
  • Basement: Block, Partially Finished
  • Price Per Sq Ft: 123.33
  • Total Sq Ft: 1500

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles
  • Exterior Amentities: Fenced

Garage/Parking

  • Garage Parking: Detached, Parking Slab
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: No Laundry Equipment, Owned Equipment, Units Hook-Ups

Schools

  • High School: United Township
  • High School: United Township

Lot Info

  • Estimated Lot Size: 111X39X92X62X114
  • Estimated Number of Acres: 0.26
  • Lot Description: Level
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Annual Taxes: 3231.12
  • Parcel Id Number Tax Id: 09-32-300-054
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2021

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Dec 30, 2022
Sold by
Bassford Construction Llc
Bought by
K & S Rentals Llc
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Kathy Massa
Mel Foster Co. Moline
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Total Days on Market
2
Views
36
Current Estimated Value
$183,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,320
Avg. Annual Appreciation
-1.43%
Original Mortgage
$130,000
Outstanding Balance
$127,219
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$51,678

Purchase Details

Listed on
Dec 8, 2022
Closed on
Nov 18, 2022
Sold by
Branham Larry G
Bought by
Bassford Construction Llc
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Kathy Massa
Mel Foster Co. Moline
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.08%
Mortgage Type
Credit Line Revolving

Range of Values:

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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

Date Buyer Sale Price Title Company
K & S Rentals Llc $185,000 Gomez Title
Bassford Construction Llc $132,000 Illinois Real Estate Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & S Rentals Llc $130,000
Previous Owner Bassford Construction Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $185,000 +2.8% $123 / Sq Ft
12/10/2022 12/10/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $179,900 -- $120 / 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 $4,416 $47,213 $4,940 $42,273
2022 $3,347 $45,927 $4,805 $41,122
2021 $3,231 $43,908 $4,594 $39,314
2020 $3,204 $43,344 $4,535 $38,809
2019 $3,138 $42,557 $4,453 $38,104
2018 $3,138 $42,557 $4,453 $38,104
2017 $3,085 $41,764 $4,370 $37,394
2016 $3,081 $41,556 $4,348 $37,208
2015 $3,053 $40,741 $4,263 $36,478
2014 -- $39,720 $4,156 $35,564
2013 -- $39,720 $4,156 $35,564
Source: Public Records

Agents Affiliated with this Home

  • Richard Bassford

    Seller's Agent in 2023

    Richard Bassford

    RE/MAX

    (309) 292-3681

    59 in this area

    1,700 Total Sales

    Richard Bassford
    Section Image
  • Kathy Massa

    Buyer's Agent in 2023

    Kathy Massa

    [Mel Foster Brand]

    (309) 314-6696

    9 in this area

    34 Total Sales

    Kathy Massa
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC4239249

RMLS Alliance

APN: 06-1041600-779

Illinois Rock Island County Silvis 61282 Silvis

509 12th St Unit 511, Silvis, IL

Homes for Sale in Silvis, IL

This home is located at 509 12th St Unit 511, Silvis, IL 61282 since 08 December 2022 and is currently estimated at $183,680, approximately $122 per square foot. This property was built in 1962. 509 12th St Unit 511 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.