NOT LISTED FOR SALE

Estimated Value: $119,145 - $141,000

6 Beds
2 Baths
2,310 Sq Ft
$57/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $120,000 $52 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,038/month

26 Days on Market

Highlights

  • 4 Car Detached Garage
  • Level Lot
  • Wood Siding
  • Forced Air Heating System

About This Home

As of March 2024

Prime investment opportunity that is centrally located in Davenport! Each unit in this two-story duplex ensures tenant privacy, and with tenants covering all utilities, it will let you enjoy a "worry free" income. Strategically located, it promises solid rental potential. Property being sold "As-Is". Act now and schedule your private tour today, for a seamless investment experience!

Last Agent to Sell the Property

Nick Engelbrecht

RE/MAX Concepts Bettendorf Brokerage Email: picknickhomes@gmail.com License #S66843000/475.182849 Listed on: 12/29/2023

RE/MAX Concepts Bettendorf

Last Buyer's Agent

Amanda Hodge

Currents and Keys Realty License #S65764000/475.177268

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,646

Year Built

  • Built in 1904

Lot Details

  • Lot Dimensions are 50x130
  • Level Lot

Home Design

  • 2,310 Sq Ft Home
  • Shingle Roof
  • Wood Siding

Parking

  • 4 Car Detached Garage
  • On-Street Parking

Schools

  • Davenport High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • Wiese Grand Avenue Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number C0045-07

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,646

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1904
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 51.95
  • Age55PlusDevelopment: No
  • Attribution Contact: picknickhomes@gmail.com
  • Special Features: None

Interior Features

  • Basement: Unfinished

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Wood Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached, On Street
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Gas, Gas Water Heater
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 2
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Lot Size: 50x130
  • Parcel #: C0045-07

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2772
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18000
  • Resident Manager Expense: 300
  • Annual Operating Expense: 83892

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Mar 6, 2024
Sold by
Andrew Wold Investments Llc
Bought by
Jacques Suzette
Seller's Agent
Nick Engelbrecht
RE/MAX Concepts Bettendorf
Buyer's Agent
Amanda Hodge
Currents and Keys Realty
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Total Days on Market
26
Views
70
Current Estimated Value
$130,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,786
Avg. Annual Appreciation
7.19%
Original Mortgage
$116,400
Outstanding Balance
$115,021
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$15,765

Purchase Details

Closed on
Jan 20, 2022
Sold by
Andrew Wold Investments Llc
Bought by
Black Lion Llc

Purchase Details

Closed on
Jul 10, 2005
Sold by
Lewin Kurt T and Lewin Christine A
Bought by
Lewin Properties Llc
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
Jacques Suzette $120,000 None Listed On Document
Black Lion Llc $125,000 None Listed On Document
Lewin Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacques Suzette $116,400
Previous Owner Andrew Wold Investments Llc $5,865,095
Previous Owner Andrew Wold Investments Llc $5,865,095
Previous Owner Andrew Wold Investments $300,000
Previous Owner Lewin Kurt T $26,965
Previous Owner Lewin Kurt T $36,607
Previous Owner Lewin Kurt T $38,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $120,000 -4.0% $52 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $125,000 +13.6% $54 / Sq Ft
10/04/2019 10/04/19 Sold $110,000 0.0% $48 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
08/20/2019 08/20/19 Price Changed $110,000 +10.1% $48 / Sq Ft
08/15/2019 08/15/19 For Sale $99,900 -- $43 / 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 $3,646 $149,890 $26,400 $123,490
2023 $4,928 $149,890 $26,400 $123,490
2022 $3,647 $129,750 $24,000 $105,750
2021 $2,670 $124,460 $24,000 $100,460
2020 $2,917 $119,170 $24,000 $95,170
2019 $2,516 $112,120 $24,000 $88,120
2018 $2,366 $112,120 $24,000 $88,120
2017 $2,450 $107,720 $24,000 $83,720
2016 $2,360 $107,720 $0 $0
2015 $2,360 $115,840 $0 $0
2014 $2,572 $115,840 $0 $0
2013 $2,528 $0 $0 $0
2012 -- $115,480 $19,820 $95,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4249154

RMLS Alliance

APN: C0045-07