NOT LISTED FOR SALE

Estimated Value: $486,361

Studio
-- Bath
-- Sq Ft
6,098 Sq Ft

Last Sold December 04, 2015

Last sale price $310,000

Est. 57% increase in value since last sale

Current estimated payment $3,046/month

559 Days on Market

About This Home

As of December 2015

11% Cap Rate! 6 apartments with 2 commercial store fronts that is currently fully leased. All apartments are completely remodeled with new windows, kitchens, bathrooms and hard wood floors.

Last Agent to Sell the Property

Michael Minard

Jones Lang LaSalle Brokerage, Inc. License #S42639000/475.136684 Listed on: 03/13/2014

Last Buyer's Agent

Bryan Kress

RE/MAX Concepts Bettendorf License #S38196000/475.133777

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,958

Year Built

  • Built in 1920

Lot Details

  • 6,300

Home Design

  • Brick Exterior Construction
  • Frame Construction

Flooring

  • Wood
  • Carpet

Additional Features

  • 6,300 Sq Ft Lot
  • Hot Water Heating System

Community Details

  • 8 Units
  • Operating Expense $20,871

Listing and Financial Details

  • Tenant pays for air conditioning
  • The owner pays for taxes, insurance, structure, trash collection, snow removal, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,958

Year Built

Built in 1920

Lot Details

6,300 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Ownership Type: LLC
  • Year Built: 1920
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: Older
  • Sale Price Includes: Building,Land
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Wood
  • OwnerPays: Taxes, Insurance, Structure, Other, Trash Collection, Snow Removal, Gas
  • Possible Use: Multi-Family

Exterior Features

  • Construction Materials: Brick, Frame

Utilities

  • Water Source: Municipal Water
  • Heat/Ventilation: Hot Water

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6300
  • Zoning: NC
  • Property Offered: For Sale Only

Rental Info

  • Tenant Pays: Air Conditioning
  • Board Number: 30

Multi Family

  • NumberOfUnitsTotal: 8
  • OperatingExpense: 20871

Tax Info

  • Tax Annual Amount: 3958

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2015 12/04/15 Sold $310,000 +59.0% --
09/23/2015 09/23/15 Pending -- -- --
03/13/2014 03/13/14 For Sale $195,000 -- --
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 $6,581 $74,592 $7,456 $67,136
2023 $6,581 $71,312 $7,128 $64,184
2022 $6,489 $71,312 $7,128 $64,184
2021 $6,467 $68,111 $6,808 $61,303
2020 $6,499 $67,704 $6,767 $60,937
2019 $6,388 $66,117 $6,608 $59,509
2018 $4,305 $45,074 $6,530 $38,544
2017 $4,210 $44,147 $6,396 $37,751
2016 $4,160 $43,409 $6,289 $37,120
2015 $4,073 $42,517 $6,160 $36,357
2014 -- $43,275 $6,270 $37,005
2013 -- $43,275 $6,270 $37,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC7031238

Midwest Real Estate Data (MRED)

APN: 17-05-134-004

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