NOT LISTED FOR SALE

Estimated Value: $104,734 - $134,000

6 Beds
4 Baths
3,466 Sq Ft
$35/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $80,000 $23 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $965/month

63 Days on Market

About This Home

As of April 2020

Davenport Iowa Real Estate For Sale! Great Cash Flowing Four-plex Near Palmer College! Tenants pay all their own utilities. New vinyl siding 2017.

Last Listed By

Lucky Lang II

Mel Foster Co. Davenport License #S62276000/ 475172615 Listed on: 01/17/2020

Mel Foster Co. Davenport

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,583

Schools

  • Davenport High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Conversion
  • Legal Description: LECLAIRE'S 13TH ADD Lot: 017 Block: 138 LECLAIRE'S
  • Lvt Date: 01/17/2020
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 23.08
  • Total Sq Ft: 3466

Exterior Features

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

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, Wall Units
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: No Laundry Equipment

Schools

  • High School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 64 x 150
  • Estimated Number of Acres: 0.22
  • Lot Description: Level
  • Subdivision: LeClaire
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Gas & Electric, Sewer, Water
  • Gross Annual Rent Income: 27000
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 2968
  • Parcel Id Number Tax Id: F0020-07
  • Tax Year: 2018

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 27000
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Mar 6, 2020
Sold by
Haffar Maya
Bought by
Brand Marcus and Brand Kelly Lynn
Seller's Agent
Lucky Lang II
Mel Foster Co. Davenport
Buyer's Agent
Ray McDevitt
Ruhl&Ruhl REALTORS Bettendorf
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%
Total Days on Market
63
Current Estimated Value
$121,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,184
Avg. Annual Appreciation
9.94%
Original Mortgage
$60,600
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2017
Closed on
Sep 27, 2017
Sold by
Camp Jones Properties Llc
Bought by
Haffar Maya Al Khatib
Seller's Agent
Shannon Lough
Milltown Realty, LLC
Buyer's Agent
Ryan Baustian
Ruhl&Ruhl REALTORS Bettendorf
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.70%
Original Mortgage
$84,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2015
Closed on
Jan 26, 2016
Sold by
Riverhaven Investments Llc
Bought by
Camp Jones Properties Llc
Seller's Agent
W T Grampp
Grampp Realty
Buyer's Agent
Shannon Lough
Milltown Realty, LLC
List Price
$74,900
Sold Price
$45,000
Premium/Discount to List
-$29,900
-39.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.24%

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
Brand Marcus $80,000 None Available
Haffar Maya Al Khatib -- None Available
Camp Jones Properties Llc -- None Available
Riverhaven Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brand Marcus $60,600
Previous Owner Haffar Maya Al Khatib $84,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $80,000 -11.1% $23 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $90,000 -18.2% $26 / Sq Ft
10/02/2017 10/02/17 Sold $110,000 -4.3% $32 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $115,000 +155.6% $33 / Sq Ft
01/26/2016 01/26/16 Sold $45,000 -39.9% $19 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $74,900 -- $31 / 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 $3,443 $126,860 $19,200 $107,660
2023 $3,952 $126,860 $19,200 $107,660
2022 $4,324 $112,580 $19,200 $93,380
2021 $2,732 $108,130 $19,200 $88,930
2020 $3,298 $108,130 $19,200 $88,930
2019 $4,307 $100,370 $19,200 $81,170
2018 $2,953 $100,370 $19,200 $81,170
2017 $2,904 $69,930 $19,200 $50,730
2016 $3,718 $91,800 $0 $0
2015 $3,118 $93,900 $0 $0
2014 $3,368 $93,900 $0 $0
2013 $3,580 $0 $0 $0
2012 -- $93,900 $17,400 $76,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4208834

RMLS Alliance

APN: F0020-07