NOT LISTED FOR SALE

824 10th St Silvis, IL 61282

Estimated Value: $230,000 - $342,000

7 Beds
4 Baths
3,440 Sq Ft
$76/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $190,000 $55 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,830/month

91 Days on Market

About This Home

As of April 2022

Great investment opportunity in this property with office unit close to hospitals and shopping! Most of the units have been updated and have tenants in place. There are 2 detached garages that can be rented for additional income or storage space plus a carport and additional off street parking. Units rent for $650, $700, $700, $625, $525 for total potential income of $3,200/month. Please provide 48 hours notice to show, pre approval or proof of funds will be required before showing.

Last Agent to Sell the Property

Kate Howard

eXp Realty License #475.158627 Listed on: 11/01/2021

eXp Realty

Last Buyer's Agent

Tony Savala

RE/MAX Concepts Bettendorf License #475.141970/S36309000

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,989

Year Built

  • Built in 1967

Lot Details

  • 0.46

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Schools

  • United Township High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,989

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Apartment Building
  • Legal Description: LOTS 2 AND 3 PHILIP L JACKSONS SUBD
  • Lvt Date: 11/01/2021
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Full
  • Price Per Sq Ft: 55.23
  • Total Sq Ft: 3440

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, 2+ Cooling Systems, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 320
  • Gas Expense: 1214
  • Laundry Facilities: No Laundry Equipment

Schools

  • High School: United Township

Lot Info

  • Estimated Lot Size: 116 x 171
  • Lot Description: Level
  • Subdivision: Philip L Jackson
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 20430
  • Management Expense: 2032

Tax Info

  • Annual Taxes: 5988.92
  • Parcel Id Number Tax Id: 09-31-417-006
  • Tax Year: 2020

Multi Family

  • Total Number Units: 5
  • Gross Annual Income: 20430
  • Total Number Central Air Units: 3
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Feb 26, 2022
Sold by
H & M Global Realty Llc
Bought by
Munyengabe Jean Bosco
Seller's Agent
Kate Howard
eXp Realty
Buyer's Agent
Tony Savala
RE/MAX Concepts Bettendorf
List Price
$219,900
Sold Price
$190,000
Premium/Discount to List
-$29,900
-13.6%
Current Estimated Value
$249,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,310
Avg. Annual Appreciation
9.07%
Original Mortgage
$114,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2018
Sold by
Cederoth Properties Inc
Bought by
H & M Global Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Munyengabe Jean Bosco $190,000 Gomez May Llp
H & M Global Realty Llc $210,000 Mason And Scott Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munyengabe Jean Bosco $114,000
Previous Owner H & M Global Realty Llc $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2022 04/15/22 Sold $190,000 +0.1% $55 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/24/2022 01/24/22 Price Changed $189,900 -9.5% $55 / Sq Ft
12/14/2021 12/14/21 Price Changed $209,900 -4.5% $61 / Sq Ft
11/01/2021 11/01/21 For Sale $219,900 +74.5% $64 / Sq Ft
02/26/2016 02/26/16 Sold $126,000 -23.6% $6 / Sq Ft View Prior Sale
01/15/2016 01/15/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $165,000 -- $8 / 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 $6,335 $67,574 $5,743 $61,831
2023 $6,335 $65,859 $5,597 $60,262
2022 $6,140 $64,066 $5,445 $58,621
2021 $6,014 $61,249 $5,206 $56,043
2020 $5,989 $60,463 $5,139 $55,324
2019 $5,903 $59,365 $5,046 $54,319
2018 $5,903 $59,365 $5,046 $54,319
2017 $5,843 $58,258 $4,952 $53,306
2016 $5,846 $57,968 $4,927 $53,041
2015 $5,834 $56,831 $4,830 $52,001
2014 $1,324 $55,406 $4,709 $50,697
2013 $1,324 $55,406 $4,709 $50,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4227957

RMLS Alliance

APN: 09-31-417-006