Seller's Agent in 2021
Richard Bassford
RE/MAX Concepts Bettendorf
(309) 292-3681
225 in this area
1,624 Total Sales
5529 34th Ave Moline, IL 61265
8
Beds
4
Baths
10,080
Sq Ft
22,869
Sq Ft Lot
About This Home
As of July 2021Check out this fabulous 12 unit apartment building located in Moline with East Moline schools. The Gross Annual Income does not reflect all units together. The annual gross income is $94,200. Unit 8 is vacant at this time, and is being reskinned. All units are 2 Bd, 1 full bath and vary from $610-$750 a month. You'll find a parking slab and an 8-car carport for your tenants! There is a common laundry area with 2 washers and 2 dryers! Don't miss out on this fantastic investment opportunity!
Last Agent to Sell the Property
RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 02/24/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,386
Year Built
- Built in 1979
Lot Details
- 0.53 Acre Lot
- Lot Dimensions are 20x262x94x62x186x95x119
Home Design
- 10,080 Sq Ft Home
- Brick Exterior Construction
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Separate Meters
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $1,126
- Trash Expense $960
- Water Sewer Expense $3,682
- Operating Expense $15,183
- Gross Income $32,880
- Net Operating Income $17,697
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2021
Closed on
Jun 30, 2021
Sold by
Acdc Investments Llc
Bought by
Vanderkooi Michael and Vanderkooi Nanette Joy
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Todd Ryckeghem
Milltown Realty, LLC
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$86,231
Interest Rate
2.9%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vanderkooi Michael | $650,000 | Mason And Scott Pc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vanderkooi Michael | $487,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2021 07/02/21 | Sold | $650,000 | -13.3% | $64 / Sq Ft |
| 04/05/2021 04/05/21 | Pending | -- | -- | -- |
| 02/24/2021 02/24/21 | For Sale | $750,000 | -- | $74 / 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 | $16,925 | $175,866 | $15,601 | $160,265 |
| 2023 | $16,925 | $161,940 | $14,366 | $147,574 |
| 2022 | $15,545 | $155,413 | $13,787 | $141,626 |
| 2021 | $15,406 | $148,579 | $13,181 | $135,398 |
| 2020 | $12,448 | $118,521 | $12,961 | $105,560 |
| 2019 | $12,386 | $116,655 | $12,757 | $103,898 |
| 2018 | $19,528 | $185,439 | $12,565 | $172,874 |
| 2017 | $19,063 | $182,519 | $12,367 | $170,152 |
| 2016 | $18,524 | $176,860 | $11,984 | $164,876 |
| 2015 | $17,981 | $172,850 | $11,712 | $161,138 |
| 2014 | $4,341 | $174,578 | $11,829 | $162,749 |
| 2013 | $4,341 | $174,578 | $11,829 | $162,749 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Bassford
-
Todd Ryckeghem
Buyer's Agent in 2021
Todd Ryckeghem
Milltown Realty, LLC
(563) 260-2725
7 in this area
66 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: QC4219128
APN: 17-11-227-003
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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