$139,000
SOLD MAY 1, 2025

908 5th Ave Silvis, IL 61282

-- Bed
-- Bath
-- Sq Ft
1965 Built

Recently Sold

4% Below List Price

4 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Wood Siding
  • 5-minute walk to Schadt Park

About This Home

As of May 2025

Fully occupied side by side duplex in the heart of Silvis IL with off street parking. Each Unit has it's own laundry area. With separate utilities including water! Each unit has 2 bedrooms on the main floor, with their own seperate basement and 3rd bedroom. Nice investment opportunity!

Last Agent to Sell the Property

Melissa Bowman

Ruhl&Ruhl REALTORS Moline License #S71043000/475206268 Listed on: 03/24/2025

Ruhl&Ruhl REALTORS Moline

Last Buyer's Agent

Lisa Edwards

Ruhl&Ruhl REALTORS Moline License #S69260000/ 475195686

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,759

Year Built

  • Built in 1965

Parking

  • Parking Lot

Home Design

  • Block Foundation
  • Wood Siding

Schools

  • George O Barr Elementary School
  • Northeast Middle School
  • United Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 51x166x49x167

Community Details

Overview

  • Lindley Subdivision

Building Details

  • Insurance Expense $1,800
  • Gross Income $17,400
  • Net Operating Income $11,841

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,759

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Lindley
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Lot 2 Lindleys 1st Add
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Schools

  • Elementary School: George O Barr
  • High School: United Township
  • Middle/Junior School: Northeast

Lot Info

  • Lot Dimensions: 51x166x49x167

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: 11841
  • Insurance Expense: 1800
  • GrossIncome: 17400

Tax Info

  • Tax Annual Amount: 3759
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
Apr 25, 2025
Sold by
Seward Timothy R and Seward Aimee N
Bought by
M & E Home Llc
Seller's Agent
Melissa Bowman
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
Lisa Edwards
Ruhl&Ruhl REALTORS Moline
List Price
$145,000
Sold Price
$139,000
Premium/Discount to List
-$6,000
-4.14%
Current Estimated Value
$142,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,377
Avg. Annual Appreciation
3.21%
Original Mortgage
$111,200
Outstanding Balance
$98,445
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$43,932
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 Type Sale Price Title Company
Warranty Deed $139,000 Gomez Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Sold $139,000 -4.1% --
03/28/2025 03/28/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $145,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4261596

Midwest Real Estate Data (MRED)

APN: 09-31-406-002