NOT LISTED FOR SALE

Estimated Value: $83,000 - $128,000

4 Beds
2 Baths
2,240 Sq Ft
$50/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $75,000 $33 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $836/month

15 Days on Market

About This Home

As of February 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

Nick Engelbrecht

RE/MAX Concepts Bettendorf Brokerage Email: picknickhomes@gmail.com License #S66843000/475.182849 Listed on: 12/29/2023

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 64.00x91.00
  • Level Lot

Home Design

  • 2,240 Sq Ft Home
  • Shingle Roof
  • Vinyl Siding

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Davenport High School

Utilities

  • Heating System Uses Gas

Additional Features

  • Unfinished Basement

Community Details

  • Weyerhaeuser & Denkmanns Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number F0053-20

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,532

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1900
  • New Construction: No
  • Structure Type: Duplex
  • PricePerSqFt: 33.48
  • 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: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 2

Utilities

  • Heating: Gas
  • 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: 64.00x91.00
  • Parcel #: F0053-20

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1532
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22200
  • Resident Manager Expense: 600
  • Annual Operating Expense: 1857

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
Andrew Wold Investments Llc
Bought by
Black Lion Llc
Current Estimated Value
$112,304

Purchase Details

Closed on
May 14, 2010
Sold by
Interfaith Housing Ltd
Bought by
Gunderson Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,025
Interest Rate
5.16%
Mortgage Type
New Conventional
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
Black Lion Llc $125,000 None Listed On Document
Gunderson Andrew J $69,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gunderson Andrew $63,797
Previous Owner Gunderson Andrew J $66,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $75,000 -25.0% $33 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $100,000 -- $45 / 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 $2,748 $88,080 $18,140 $69,940
2023 $2,997 $105,570 $18,140 $87,430
2022 $2,676 $71,680 $8,290 $63,390
2021 $1,932 $90,050 $8,290 $81,760
2020 $3,007 $78,370 $8,290 $70,080
2019 $2,328 $78,370 $8,290 $70,080
2018 $2,597 $78,370 $8,290 $70,080
2017 $3,031 $78,370 $8,290 $70,080
2016 $2,571 $78,370 $0 $0
2015 $1,716 $68,150 $0 $0
2014 $1,320 $68,150 $0 $0
2013 $1,292 $0 $0 $0
2012 -- $70,360 $6,530 $63,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4249185

RMLS Alliance

APN: F0053-20