$110,000
SOLD OCT 2, 2017
6 Beds
4 Baths
3,466 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

4% Below List Price

74 Days on Market

About This Home

As of April 2020

Ideal location for this fourplex - just over a mile from St. Ambrose Uniersvity. GREAT turn-key investment opportunity. Stove and fridge in all four units come with property. New vinyl siding 2017. Tenants pay all their own utilities. Can be sold with or without current professional property management in place. Great cash flowing property! Serious inquiries only, please do not disturb tenants. Photos obtained prior to current tenants moving in.

Last Agent to Sell the Property

Shannon Lough

Milltown Realty, LLC License #475.154024/B63405000 Listed on: 06/19/2017

Last Buyer's Agent

Ryan Baustian

Ruhl&Ruhl REALTORS Bettendorf License #S65369000/475.176926

Ruhl&Ruhl REALTORS Bettendorf

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Interior Spaces

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

Schools

  • Madison Elementary School
  • Davenport Central High School

Utilities

  • 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: 2+ Story
  • Legal Description: LECLAIRE'S 13TH ADD
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 31.74
  • Total Sq Ft: 3466

Exterior Features

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

Garage/Parking

  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, Wall Units
  • Electric Expense: 120
  • Garbage Collection Exp: 770
  • Laundry Facilities: No Laundry Equipment

Schools

  • Elementary School: Madison
  • Middle School: Smart
  • High School: Davenport Central
  • Elementary School: Madison
  • High School: Davenport Central

Lot Info

  • Estimated Lot Size: 9600
  • 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: 3118
  • Parcel Id Number Tax Id: F0020-07
  • Tax Year: 2015

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 27000
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 4

MLS Schools

  • Middle School: Smart

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%
Current Estimated Value
$127,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,923
Avg. Annual Appreciation
8.18%
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%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,600 New Conventional
Previous Owner $84,750 New Conventional
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: RMAQC4183616

RMLS Alliance

APN: F0020-07