NOT LISTED FOR SALE

Estimated Value: $133,000 - $171,193

6 Beds
4 Baths
2,926 Sq Ft
$52/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $87,000 $30 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,090/month

700 Days on Market

About This Home

As of February 2014

Well maintained 4 plex in the heart of Davenport. Great rental history, lots of off street parking. A great investment property! Please call for an appt today!

Last Listed By

Craig Newcomb

Ruhl&Ruhl REALTORS Bettendorf License #B60684000/475.130838 Listed on: 02/29/2012

Ruhl&Ruhl REALTORS Bettendorf

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,191

Interior Spaces

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

Schools

  • Davenport Elementary School
  • Davenport High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: 012-130 LeClaires 14th Addn
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 29.73
  • Total Sq Ft: 2926

Exterior Features

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

Garage/Parking

  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: Forced Air, Gas, Water Heater - Gas, Window Units
  • Electric Expense: 792
  • Garbage Collection Exp: 783
  • Laundry Facilities: Common, Units Hook-Ups
  • Water Sewer Expenses: 1012

Schools

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

Lot Info

  • Estimated Lot Size: 9210
  • Lot Description: Level
  • Subdivision: LeClaire

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 18463
  • Lease Information: Various Terms
  • Management Expense: 1800

Tax Info

  • Annual Taxes: 4768
  • Parcel Id Number Tax Id: F0019-28
  • Tax Year: 2010

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 12800
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

MLS Schools

  • Middle School: Davenport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2012
Closed on
Feb 12, 2014
Sold by
Robinson Kris M and Robinson Teri L
Bought by
Mad Properties Coop
Seller's Agent
Craig Newcomb
Ruhl&Ruhl REALTORS Bettendorf
Buyer's Agent
Grant McCaulley
EXP REALTY, LLC.
List Price
$117,900
Sold Price
$87,000
Premium/Discount to List
-$30,900
-26.21%
Total Days on Market
700
Current Estimated Value
$153,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,298
Avg. Annual Appreciation
5.17%
Original Mortgage
$50,000
Outstanding Balance
$38,354
Interest Rate
4.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$114,944

Purchase Details

Closed on
Feb 29, 2008
Sold by
Big River Real Estate Services Llc
Bought by
Robinson Kris M and Robinson Teri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
5.75%
Mortgage Type
Commercial

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
Mad Properties Coop $87,000 None Available
Robinson Kris M $119,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mad Properties Coop $50,000
Previous Owner Robinson Kris M $95,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $87,000 -26.2% $30 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
02/29/2012 02/29/12 For Sale $117,900 -- $40 / 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 $2,788 $146,370 $18,420 $127,950
2023 $2,432 $159,830 $18,420 $141,410
2022 $2,384 $113,900 $18,420 $95,480
2021 $2,384 $111,120 $18,420 $92,700
2020 $2,414 $111,120 $18,420 $92,700
2019 $2,304 $102,690 $18,420 $84,270
2018 $2,471 $102,690 $18,420 $84,270
2017 $2,588 $102,690 $18,420 $84,270
2016 $2,994 $136,700 $0 $0
2015 $2,994 $118,300 $0 $0
2014 $4,242 $118,300 $0 $0
2013 $4,510 $0 $0 $0
2012 -- $118,300 $16,900 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4132507

RMLS Alliance

APN: F0019-28