NOT LISTED FOR SALE

5318 7th Ave Unit 5320 Moline, IL 61265

Estimated Value: $138,778 - $163,000

2 Beds
-- Bath
1,364 Sq Ft
$109/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $93,000 $68 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,051/month

91 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Level Lot

About This Home

As of March 2020

Side by side Ranch duplex in quiet Moline neighborhood. Each side has one bedroom, kitchen, living room and full bath. Hardwood floors in living room and bedroom. Vinyl in kitchen and bath. Laundry hook-ups in the basement. Tenant owns washer/dryer currently there. New 200 amp electric service (100 amp each unit) in 2019. Water heaters 2018, furnaces 2011. Roof, siding and gutters 2005. Tenants pay gas & electric. Owner pays water & sewer.

Last Agent to Sell the Property

Jean Mueller

Ruhl&Ruhl REALTORS Moline License #475.135586 Listed on: 11/18/2019

Ruhl&Ruhl REALTORS Moline

Last Buyer's Agent

Ryan Van Daele

All City Realty License #B60127000/471020651

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 89x174x87x166
  • Level Lot

Home Design

  • Vinyl Siding

Unfinished Basement

  • Block Basement Construction

Schools

  • Wilson Middle School
  • Moline High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Building Details

  • Insurance Expense $591
  • Water Sewer Expense $700
  • Gross Income $13,200
  • Net Operating Income $11,594

Additional Features

  • Sherman Heights Subdivision
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,116

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Sherman Heights
  • Year Built: 1953
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Outlot 14 Sherman Heights
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: Level

Garage/Parking

  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Common Area
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 700

Schools

  • High School: Moline
  • Middle/Junior School: Wilson

Lot Info

  • Lot Dimensions: 89x174x87x166
  • Zoning: MOL

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: 11594
  • Insurance Expense: 591
  • GrossIncome: 13200

Tax Info

  • Tax Annual Amount: 3116.28
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Mar 11, 2020
Sold by
King Harlan E and King Suzanne E
Bought by
Db Management Llc
Seller's Agent
Jean Mueller
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
Ryan Van Daele
All City Realty
List Price
$99,900
Sold Price
$93,000
Premium/Discount to List
-$6,900
-6.91%
Current Estimated Value
$148,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,695
Avg. Annual Appreciation
8.25%
Original Mortgage
$69,750
Outstanding Balance
$61,386
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$87,309
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Db Management Llc $93,000 Miljush Clark A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Db Management Llc $69,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $93,000 -6.9% $68 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $99,900 -- $73 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,342 $37,882 $7,950 $29,932
2023 $3,342 $34,770 $7,600 $27,170
2022 $3,164 $34,770 $7,600 $27,170
2021 $3,153 $33,209 $7,259 $25,950
2020 $3,169 $33,011 $7,216 $25,795
2019 $3,116 $32,237 $7,047 $25,190
2018 $3,116 $32,627 $6,963 $25,664
2017 $3,047 $31,956 $6,820 $25,136
2016 $3,011 $31,422 $6,706 $24,716
2015 $2,948 $30,776 $6,568 $24,208
2014 -- $30,734 $6,559 $24,175
2013 -- $30,734 $6,559 $24,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4207708

Midwest Real Estate Data (MRED)

APN: 08-35-126-001