NOT LISTED FOR SALE

813 2nd St Unit 815 Colona, IL 61241

Estimated Value: $261,000 - $314,149

8 Beds
4 Baths
3,840 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $180,000 $47 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,189/month

12 Days on Market

About This Home

As of May 2016

4-Plex 4 U - Pristine - No Vacancy! Investment Opportunity! Each unit is approximately 940 sq ft of living space with range/oven, refrigerator, garbage disposal, washer/dryer hook-up, furnace, water heater, central air and an attached garage. Building has brick front and vinyl siding. Roof approximately 10 years old and furnaces 6-7 years of age. Two (2) of the A/C's units on the south side have recently been replaced. Back yard is partially fenced and there are extra parking spaces in front of building in addition to the garage driveway. Two units are finishing 1 year leases and 2 units are month to month. The month to month units have had renters for many years. Each unit pays their own gas and electric. No pets have been allowed during current ownership.

Last Agent to Sell the Property

Theresa Goldermann

Mel Foster Co. Moline License #475.128023/S44664000 Listed on: 04/09/2016

Last Buyer's Agent

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,441

Year Built

  • Built in 1958

Lot Details

  • 0.39

Schools

  • United Township High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,441

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: Lot 13&14 Blk 5 Ryan Gardens City of Green Rock
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Price Per Sq Ft: 46.88
  • Total Sq Ft: 3840

Exterior Features

  • Exterior: Brick Partial, Vinyl Siding
  • Road Access: Paved
  • Roofing: Composition Rolled

Garage/Parking

  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, Central Air, Water Heater - Gas
  • Garbage Collection Exp: 660
  • Laundry Facilities: Private, Units Hook-Ups
  • Water Sewer Expenses: 482

Schools

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

Lot Info

  • Estimated Lot Size: 120x140
  • Estimated Number of Acres: 0.39
  • Lot Description: Level
  • Subdivision: Ryan Garden
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 26700
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 5440.58
  • Parcel Id Number Tax Id: 0610482016
  • Tax Year: 2013

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 26280
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2020
Sold by
Burwell Gary and Burwell Kathy L
Bought by
Peuderson David L and Peuderson Dana S
Current Estimated Value
$276,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$156,893
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$135,506

Purchase Details

Listed on
Apr 9, 2016
Closed on
May 18, 2016
Sold by
Carr Thomas Joseph and Carr Thomas J
Bought by
Burwell Gary and Burwell Kathy L
Seller's Agent
Theresa Goldermann
Mel Foster Co. Moline
Buyer's Agent
Richard Bassford
RE/MAX Concepts Bettendorf
List Price
$192,000
Sold Price
$180,000
Premium/Discount to List
-$12,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$144,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2010
Sold by
Carr Thomas Joseph and Carr Nancy Jo
Bought by
Carr Thomas J
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
Peuderson David L $235,000 Attorney
Burwell Gary $180,000 Attorney
Carr Thomas J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peuderson David L $192,000
Previous Owner Burwell Gary A $250,000
Previous Owner Burwell Gary $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2016 05/18/16 Sold $180,000 -6.3% $47 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $192,000 -- $50 / 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
2023 $7,770 $79,775 $6,368 $73,407
2022 $7,207 $72,523 $5,789 $66,734
2021 $7,065 $70,148 $6,955 $63,193
2020 $6,782 $66,605 $6,603 $60,002
2019 $6,782 $67,097 $6,652 $60,445
2018 $6,673 $66,696 $6,612 $60,084
2017 $6,607 $67,370 $6,679 $60,691
2016 $6,501 $66,505 $6,593 $59,912
2015 $5,272 $65,073 $6,451 $58,622
2013 $5,272 $63,672 $6,312 $57,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4170919

RMLS Alliance

APN: 06-10-482-016