$120,000
SOLD MAR 12, 2024
-- Bed
-- Bath
2,310 Sq Ft
6,490 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

4% Below List Price

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

  • $2,772

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

$2,772

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%
Views
70
Current Estimated Value
$161,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,608
Avg. Annual Appreciation
22.28%
Original Mortgage
$116,400
Outstanding Balance
$114,577
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$47,031

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

Similar Homes in Davenport, IA

  • 409 E 14th St, Davenport, IA 52803

    $119,700

    • 4 Beds
    • 2,650 Sq Ft
    • 409 E 14th St
    • Davenport, IA

    Nice up and down duplex with 100% separate utilities. Super low owner expenses. Exterior is virtually maintenance free. Large units approximately 1300 square feet each. Both units have their own laundry rooms. First floor unit has two full baths and access to the walkout basement. Upper unit has central air. Main level unit has window ac units. Great investment opportunity or owner occupy and

    Jesse Hammes Cornerstone Partners QC - Real Broker, LLC

    Section Image
  • 618 Douglas Ct, Davenport, IA 52803

    $130,000

    • 4 Beds
    • 1,882 Sq Ft
    • 618 Douglas Ct
    • Davenport, IA

    Check out this Duplex located in central Davenport minutes from Mercy One Hospital, The Hilltop District, and Downtown Davenport. Unit #1 is currently vacant with 2 Bedrooms, 1bath and a dishwasher located in kitchen. This unit also has laundry hook ups in the unit. With off-street parking available, you'll never have to worry about finding a spot. This is perfect for a owner occupied

    Scott Ryder EXIT Realty Fireside

    Section Image
  • 413 E 9th St, Davenport, IA 52803

    $94,500

    • 6 Beds
    • 1,800 Sq Ft
    • 413 E 9th St
    • Davenport, IA

    Close to Palmer Chiropractic College and Downtown Davenport. This Duplex has 2 units up and down. Each unit has 3 bedrooms and 1 bath. Upper unit is rented with Tenant rights downstairs is currently vacant. Live in one half and rent out the other half or buy as an investment. Owner is selling mutlple investment properties is an investor is interested in a package please inquire. 24 hour notice

    Cris Ryder EXIT Realty Fireside

    Section Image
  • 1634 W 17th St, Davenport, IA 52804

    $139,900

    • 4 Beds
    • 1,792 Sq Ft
    • 1634 W 17th St
    • Davenport, IA

    Great investment opportunity! This up-and-down duplex features two fully rented units, each with separate utilities. The property includes a shared two-car garage and ample off-street parking. It's perfect for investors seeking consistent cash flow. This duplex is a solid addition to any portfolio. Don’t miss out on this turn-key investment! 24 hour notice to show is required. Interior pictures

    Sarah Perez Currents and Keys Realty

    Section Image
  • 1607 W 8th St, Davenport, IA 52802

    $112,500

    • 5 Beds
    • 1,513 Sq Ft
    • 1607 W 8th St
    • Davenport, IA

    Great Investment Opportunity! This Cozy 1.5 story Home is currently rented out and the new buyer will take over the lease. Start earning Residual Income immediately! This home is in a convenient location and features a large yard, huge back deck, enclosed sun porch and more! 5 Bedrooms and 2 Bathrooms and over 1,500 sqft! Don't let this incredible investment opportunity pass you by! This home has

    Zach Frick eXp Realty

    Section Image
  • 665 W 64th St, Davenport, IA 52806

    $139,900

    • 4 Beds
    • 1,908 Sq Ft
    • 665 W 64th St
    • Davenport, IA

    seller is offering a $10,000 concession to the buyer with a accepted offer. Two bedroom side by side duplex with off street parking

    Chris Holvoet 3% Listing Company, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $120,000 None Listed On Document
Warranty Deed $125,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $68,000 Credit Line Revolving
Open $116,400 New Conventional
Previous Owner $5,865,095 New Conventional
Previous Owner $5,865,095 Commercial
Previous Owner $300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $26,965 Credit Line Revolving
Previous Owner $36,607 Unknown
Previous Owner $38,100 Unknown
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: QC4249154

RMLS Alliance

APN: C0045-07