NOT LISTED FOR SALE

824 10th St Silvis, IL 61282

Estimated Value: $231,538 - $262,000

7 Beds
4 Baths
3,440 Sq Ft
$72/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2022

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

Est. 30% increase in value since last sale

Current estimated payment $1,891 / mo

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 #475141970

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,989

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 116 x 171

Home Design

  • 3,440 Sq Ft Home
  • Aluminum Siding

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Separate Meters

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $1,214
  • Fuel Expense $1,214
  • Maintenance Expense $6,560
  • Trash Expense $320
  • Water Sewer Expense $1,612
  • Operating Expense $15,246
  • Gross Income $20,430
  • Net Operating Income $5,184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,989

Year Built

Built in 1967

Lot Details

0.46 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1967
  • Built Before 1978 (Y/N): Yes
  • Legal Description: LOTS 2 AND 3 PHILIP L JACKSONS SUBD
  • Estimated Age: Older
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding

Utilities

  • Cooling: Zoned, Central Air
  • Electric: Separate Meters
  • Heat/Ventilation: Dual System,Forced Air,Gas

Fee Information

  • Trash Expense: 320
  • Water Sewer Expenses: 1612

Lot Info

  • Lot Dimensions: 116 x 171
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 3440

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: 5184
  • Fuel Expense: 1214
  • ElectricExpense: 1214
  • GrossIncome: 20430
  • Maintenance Expense: 6560
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 15246

Tax Info

  • Tax Annual Amount: 5988.92

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Apr 25, 2022
Sold by
Bought by
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
$246,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,385
Avg. Annual Appreciation
6.41%
Original Mortgage
$114,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2021
Closed on
Feb 26, 2022
Sold by
Bought by
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%

Home Financials for this Owner

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

Purchase Details

Closed on
Jul 11, 2018
Sold by
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Katz Nowinski Pc
$190,000 Gomez May Llp
$210,000 Mason And Scott Pc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $114,000
Previous Owner $157,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2022 04/15/22 Sold $190,000 -13.6% $55 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
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% $37 / Sq Ft View Prior Sale
01/15/2016 01/15/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $165,000 -- $48 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,755 $72,979 $6,202 $66,777
2024 $6,755 $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

  • K

    Seller's Agent in 2022

    Kate Howard

    eXp Realty

    Section Image
  • Tony Savala

    Buyer's Agent in 2022

    Tony Savala

    RE/MAX Concepts Bettendorf

    (309) 292-7570

    52 Total Sales

    Tony Savala
    Section Image

  • M

    Seller's Agent in 2016

    Maryann Garcia

    Ruhl&Ruhl REALTORS Moline

    Section Image

  • D

    Buyer's Agent in 2016

    Deana McCarthy

    Keller Williams Greater Quad Cities / Midwest Partners

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4227957

Midwest Real Estate Data (MRED)

APN: 09-31-417-006

Illinois Rock Island County Silvis 61282

824 10th St, Silvis, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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