NOT LISTED FOR SALE

Estimated Value: $173,000 - $228,000

4 Beds
4 Baths
2,979 Sq Ft
$64/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $150,000 $50 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,207/month

4 Days on Market

About This Home

As of February 2022

You don't want to miss this 4-plex in Davenport that is PRICED TO SELL. With large open kitchens, spacious bedrooms, and full baths in each unit, this opportunity has everything that you could hope for. There is plenty of room for storage in each unit for your convenience. 2 units have private laundry areas while the other 2 have a common area. Each unit has 2 parking spaces available in back. 3 units have long term tenants with month to month leases. 5 refrigerators, 4 ranges, 8 AC units, 2 dehumidifiers, 3 washer/dryer sets and security system all stay.

Last Agent to Sell the Property

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 12/10/2021

RE/MAX Concepts Bettendorf

Co-Listed By

Melissa Greer

RE/MAX Concepts Bettendorf License #S64627000/475.170560

Last Buyer's Agent

Joe Wonio

Mel Foster Co. Commercial License #B61948000/475.170079

Mel Foster Co. Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,736

Year Built

  • Built in 1890

Lot Details

  • 9,148

Home Design

  • Quadruplex

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Schools

  • Davenport High School

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,736

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Four-Plex
  • Legal Description: LECLAIRE'S 2ND ADD Lot: 032 LECLAIRE'S 2ND ADDPT OL 32 COM IN E/LPERRY ST 80' S OF NWCOR SD OL-S 62.
  • Lvt Date: 12/10/2021
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Security System Available
  • Number Dryers: 3
  • Number of Ranges: 4
  • Number Refrigerators: 5
  • Number Washers: 3
  • Basement: Block, Full, Unfinished
  • Price Per Sq Ft: 50.35
  • Total Sq Ft: 2979

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Guest Parking, On-Street Parking
  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: Gas, Hot Water, Water Heater - Gas, Window Units
  • Water Sewer: Public Sewer, Public Water, Sump Pump
  • Electric Expense: 73
  • Garbage Collection Exp: 189
  • Gas Expense: 73
  • Laundry Facilities: Common, Private
  • Number Window Units: 8

Schools

  • High School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 160x41x130x62
  • Estimated Number of Acres: 0.21
  • Lot Description: Level
  • Subdivision: LeClaire
  • Geo Subdivision: IA

Rental Info

  • Manager On Site: Yes
  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 16200
  • Lease Information: Month-To-Month
  • Manager Unit Number: B2

Tax Info

  • Annual Taxes: 2736
  • Parcel Id Number Tax Id: G0041-11
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 16200
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Jan 28, 2022
Sold by
Murrell Michael T
Bought by
Palmer College Of Chiropractic and Palmer College Foundation
Seller's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
Buyer's Agent
Joe Wonio
Mel Foster Co. Commercial
List Price
$114,900
Sold Price
$150,000
Premium/Discount to List
$35,100
30.55%
Current Estimated Value
$180,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,842
Avg. Annual Appreciation
7.02%
Source: Public Records

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
Palmer College Of Chiropractic $150,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murrell Michael T $81,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $150,000 +30.5% $50 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $114,900 -- $39 / 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 -- $206,670 $0 $0
2023 $2,512 $197,700 $0 $0
2022 $2,588 $117,600 $18,480 $99,120
2021 $2,588 $112,880 $18,480 $94,400
2020 $2,908 $112,880 $18,480 $94,400
2019 $2,836 $104,830 $18,480 $86,350
2018 $2,994 $104,830 $18,480 $86,350
2017 $3,186 $104,830 $18,480 $86,350
2016 $2,888 $92,800 $0 $0
2015 $2,888 $92,800 $0 $0
2014 $3,060 $92,800 $0 $0
2013 $3,268 $0 $0 $0
2012 -- $92,800 $18,800 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4228984

RMLS Alliance

APN: G0041-11