NOT LISTED FOR SALE

515 W 16th St Davenport, IA 52803

Central Davenport Neighborhood

Estimated Value: $91,000 - $122,479

5 Beds
2 Baths
2,099 Sq Ft
$52/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $60,000 $29 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $731/month

6 Days on Market

About This Home

As of September 2016

Great income potential with this up and down duplex in a very convenient location, close to almost everything, and rents easily! Walking distance to high school, college, shopping, social establishments, restaurants, gas stations, etc. The units have been well maintained. There's laminate flooring, some of the carpets have been replaced this year, main floor bath was gutted and remodeled to the studs in the last couple of years. The roof on the house was done in 2012, garage roof 2015, some new windows, new water heater, etc. The garage is an awesome 2 car, giving you additional rental income. It's got an I-beam and has plumbing running through it! Both units have been occupied since photos were taken, currently on month-to-month leases.

Last Agent to Sell the Property

Stephanie Kauzlarich

eXp Realty License #S59919000/475.135257 Listed on: 08/09/2016

eXp Realty

Last Buyer's Agent

Amy Karnavas

Mel Foster Co. Davenport License #S55630000/475.134727

Mel Foster Co. Davenport

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,289

Year Built

  • Built in 1885

Lot Details

  • 5,401

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Garage Door Opener

Schools

  • Davenport Elementary School
  • Davenport Central High School

Listing and Financial Details

  • Tenant pays for no utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,289

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Summit Park E 16' of Lot 17 & W 20' Of
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Garage Door Opener(s)
  • Basement: Full
  • Price Per Sq Ft: 28.59
  • Total Sq Ft: 2099

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Curbs & Gutters

Garage/Parking

  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Gas, Radiant, No Cooling
  • Electric Expense: 2043
  • Garbage Collection Exp: 354
  • Gas Expense: 477
  • Laundry Facilities: Common
  • Water Sewer Expenses: 999

Schools

  • Elementary School: Davenport
  • Middle School: Davenport
  • High School: Davenport Central
  • Elementary School: Davenport
  • High School: Davenport Central

Lot Info

  • Estimated Lot Size: 36 x 150
  • Lot Description: Level
  • Subdivision: Summit Park
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: No Utilities
  • Gross Annual Rent Income: 15600
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 1288.86
  • Parcel Id Number Tax Id: G0012-06
  • Tax Year: 2015

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 16500
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Davenport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2017
Sold by
Talents Investment Group Llc
Bought by
515 W 16Th Street Properties Llc
Current Estimated Value
$109,120

Purchase Details

Closed on
Dec 27, 2014
Sold by
Rekemeyer Michael G and Rekemeyer Deanna Lyn
Bought by
Rekemeyer Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,051
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2007
Sold by
Vanpattern Harry L and Vanpattern Susan M
Bought by
Rekemeyer Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,650
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

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
515 W 16Th Street Properties Llc -- None Available
Rekemeyer Michael G -- None Available
Rekemeyer Michael G $59,125 Gomez Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 515 W 16Th St Properties $89,600
Previous Owner Rekemeyer Michael G $63,051
Previous Owner Rekemeyer Michael G $71,050
Previous Owner Rekemeyer Michael G $56,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $60,000 -3.1% $29 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $61,900 -- $29 / 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 $1,661 $89,260 $11,700 $77,560
2023 $2,367 $89,260 $11,700 $77,560
2022 $1,486 $70,380 $5,760 $64,620
2021 $1,376 $64,160 $5,760 $58,400
2020 $1,386 $58,850 $5,760 $53,090
2019 $1,320 $58,850 $5,760 $53,090
2018 $1,292 $58,850 $5,760 $53,090
2017 $1,338 $58,850 $5,760 $53,090
2016 $1,288 $58,850 $0 $0
2015 $1,288 $58,220 $0 $0
2014 $1,292 $58,220 $0 $0
2013 $1,270 $0 $0 $0
2012 -- $61,340 $6,430 $54,910
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Kauzlarich

    Seller's Agent in 2016

    Stephanie Kauzlarich

    eXp Realty

    (563) 370-3395

    4 in this area

    308 Total Sales

    Stephanie Kauzlarich
    Section Image

  • A

    Buyer's Agent in 2016

    Amy Karnavas

    [Mel Foster Brand]

    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC4174984

RMLS Alliance

APN: G0012-06

Iowa Scott County Davenport 52803 Central Davenport

515 W 16th St, Davenport, IA

This home is located at 515 W 16th St, Davenport, IA 52803 since 09 August 2016 and is currently estimated at $109,120, approximately $51 per square foot. This property was built in 1885. 515 W 16th St is a home located in Scott County with nearby schools including Jefferson Elementary School, Williams Intermediate School, and Central 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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