NOT LISTED FOR SALE

750 N 2nd Ave East Moline, IL 61244

Estimated Value: $258,000 - $328,000

8 Beds
4 Baths
4,896 Sq Ft
$62/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $187,000 $38 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,908/month

61 Days on Market

About This Home

As of June 2017

All concrete block building, very nice condition. All 6 units rent for $595 per month , Tenants pay own electric,and $50 per month in addition to rents - for water . Plenty of parking . Coin op. laundry on site. Gas expense shown includes common area electric. This property can be sold as a package with several others or sold separately. Portfolio is a mix of single and multi family. Motivated seller

Last Agent to Sell the Property

Jerry Wolking

KW 1Advantage License #B44540000/475.144713 Listed on: 02/23/2017

KW 1Advantage

Last Buyer's Agent

Gary Williams

Ruhl&Ruhl REALTORS Moline License #475.139141/S40137000

Ruhl&Ruhl REALTORS Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,439

Year Built

  • Built in 1972

Lot Details

  • 10,454

Interior Spaces

  • 2-Story Property

Schools

  • United Township High School

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,439

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 38.19
  • Total Sq Ft: 4896

Exterior Features

  • Road Access: Curbs & Gutters

Garage/Parking

  • Number Parking Spaces: 18

Utilities

  • Heating Cooling: Baseboard, Gas, Hot Water, Window Units
  • Garbage Collection Exp: 1020
  • Gas Expense: 2088
  • Laundry Facilities: Private, Owned Equipment

Schools

  • High School: United Township
  • High School: United Township

Lot Info

  • Estimated Lot Size: 999
  • Lot Description: Level
  • Subdivision: Daniel - Carbon Cliff

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 42840
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 5439
  • Parcel Id Number Tax Id: 5615
  • Tax Year: 2015

Multi Family

  • Total Number Units: 6
  • Gross Annual Income: 45240
  • Total Number Electric Meters: 7
  • 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

Closed on
Apr 16, 2021
Sold by
Sheriff Of Rock Island County
Bought by
We Buy Houses Llc
Current Estimated Value
$301,549

Purchase Details

Listed on
Feb 23, 2017
Closed on
Jun 27, 2017
Sold by
Nip Llc Series 6
Bought by
Jones Lease Properties Llc
Seller's Agent
Jerry Wolking
KW 1Advantage
Buyer's Agent
Gary Williams
Ruhl&Ruhl REALTORS Moline
List Price
$239,000
Sold Price
$187,000
Premium/Discount to List
-$52,000
-21.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$224,000
Interest Rate
4.75%
Mortgage Type
New Conventional
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
We Buy Houses Llc -- Lane & Waterman Llp
Jones Lease Properties Llc $187,000 Gomez May Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Lease Properties Llc $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2017 06/12/17 Sold $187,000 -21.8% $38 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $239,000 -- $49 / 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 $9,855 $102,679 $7,884 $94,795
2023 $9,855 $67,994 $5,221 $62,773
2022 $6,537 $66,142 $5,079 $61,063
2021 $5,986 $63,234 $4,856 $58,378
2020 $6,014 $62,423 $4,794 $57,629
2019 $5,345 $61,289 $4,707 $56,582
2018 $5,345 $61,289 $4,707 $56,582
2017 $5,229 $60,146 $4,619 $55,527
2016 $5,214 $59,847 $4,596 $55,251
2015 $5,439 $58,674 $4,506 $54,168
2014 -- $57,203 $4,393 $52,810
2013 -- $57,203 $4,393 $52,810
Source: Public Records

Agents Affiliated with this Home

  • Jerry Wolking

    Seller's Agent in 2017

    Jerry Wolking

    KW 1Advantage

    (563) 940-0807

    1 in this area

    141 Total Sales

    Jerry Wolking
    Section Image
  • Gary Williams

    Buyer's Agent in 2017

    Gary Williams

    Ruhl&Ruhl REALTORS Moline

    (309) 743-8040

    208 Total Sales

    Gary Williams
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC4180021

RMLS Alliance

APN: 09-33-302-023

Illinois Rock Island County East Moline 61244

750 N 2nd Ave, East Moline, IL

This home is located at 750 N 2nd Ave, East Moline, IL 61244 since 23 February 2017 and is currently estimated at $301,549, approximately $61 per square foot. This property was built in 1972. 750 N 2nd Ave is a home located in Rock Island County with nearby schools including Eagle Ridge School, United Township High School, and Our Lady Of Grace.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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