Seller's Agent in 2017
Alexander Kelly
NAI Ruhl Commercial Company
(309) 236-5489
1 in this area
43 Total Sales
702 18th Ave Moline, IL 61265
Old Towne Neighborhood
--
Bed
--
Bath
4,190
Sq Ft
2,178
Sq Ft Lot
About This Home
As of August 2017Multi-tenant 2-Story retail building with apartments on the second level. The property is well-located in the Old Towne business district on the corner of 7th Street and 18th Avenue. The first level features two (2) 1,000 SF retail units and the second level consists of two (2) apartment units. One apartment is leased at $400 per month and the other is vacant (needs further work to be leaseable). Great redevelopment opportunity!
Last Agent to Sell the Property
NAI Ruhl Commercial Company License #475.134777/S60345000 Listed on: 04/04/2017
Property Details
Property Type
- Other
Est. Annual Taxes
- $2,427
Year Built
- Built in 1940
Lot Details
- 2,178
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2017
Closed on
Aug 8, 2017
Sold by
Anesthesia Business Service Inc
Bought by
Bermes Properties Incorporated
Seller's Agent
Alexander Kelly
NAI Ruhl Commercial Company
Buyer's Agent
Robert Bermes
RE/MAX Concepts Bettendorf
List Price
$109,000
Sold Price
$83,500
Premium/Discount to List
-$25,500
-23.39%
Total Days on Market
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.9%
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 |
|---|---|---|---|
| Bermes Properties Incorporated | $83,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bermes Properties Incorporated | $85,500 | |
| Closed | Bermes Properties Incorporated | $183,100 | |
| Closed | Bermes Properties Incorporated | $90,000 | |
| Closed | Bermes Properties Incorporated | $295,600 | |
| Closed | Bermes Properties Incorporated | $16,750 | |
| Closed | Bermes Properties Incorporated | $234,500 | |
| Closed | Bermes Properties Incorporated | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2017 08/08/17 | Sold | $83,500 | -23.4% | $20 / Sq Ft |
| 06/23/2017 06/23/17 | Pending | -- | -- | -- |
| 04/04/2017 04/04/17 | For Sale | $109,000 | -- | $26 / Sq Ft |
Source: RMLS Alliance
Tax History Compared to Growth
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 | $3,517 | $38,112 | $2,822 | $35,290 |
| 2022 | $3,433 | $38,112 | $2,822 | $35,290 |
| 2021 | $3,456 | $36,401 | $2,695 | $33,706 |
| 2020 | $3,473 | $36,184 | $2,679 | $33,505 |
| 2019 | $2,565 | $35,336 | $2,616 | $32,720 |
| 2018 | $2,565 | $26,858 | $2,585 | $24,273 |
| 2017 | $2,509 | $26,306 | $2,532 | $23,774 |
| 2016 | $2,479 | $25,867 | $2,490 | $23,377 |
| 2015 | $2,427 | $25,335 | $2,439 | $22,896 |
| 2014 | -- | $25,786 | $2,482 | $23,304 |
| 2013 | -- | $25,786 | $2,482 | $23,304 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Kelly
-
Robert Bermes
Buyer's Agent in 2017
Robert Bermes
RE/MAX
(630) 915-2686
184 Total Sales
Map
Source: RMLS Alliance
MLS Number: RMAQC7037062
APN: 17-05-134-001
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