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2124 Farnam Street

2124 Farnam Street, Davenport, IA 52803
Sold Jul 20, 2021
$165,000
$162,011 by American Bank & Trust Co
Mortgage Due Aug 01, 2051
Local assessors in Davenport, IA have categorized 2124 Farnam Street as a residential type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 6,400 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2124 Farnam Street has a total of 2,079 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,086 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of shingle (not wood). Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of unfinished materials. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Jul 7, 2021 for $165,000. That's $79.37 per sqft. 2124 Farnam Street was last assessed in 2023. The total value of the property was assessed at $180,570. Specifically, the land the property is located on was valued at $22,440. While improvements on the property were assessed at a total of $158,130. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,020. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Frame
  • Interior Walls Type: Unfinished materials
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,086
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,400
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,079
  • Gross Building Area: 2,079
  • Building Area: 2,079
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,079
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SECTION 24
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC:24 TWP:78 RNG:03PT SW/4 SEC24-78-3-COM 200' NOF NW COR HIGH &FARNAM STS-N 40'-W 160'-S 40'-E TO BEG

Ownership

  • Current Owner : WADE ALEXIS
  • Current Owner 2: SCHAAB BRYAN
  • Previous Owner : EFH LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Davenport Community School District
  • School Tax School District: DAVENPORT
  • Census Tract: 011600

Geography

  • Assessors Map Reference: PM C0050-47
  • District: DA
  • Parcel: C0050-47
  • Meridian: SEC 24 TWN 78N RNG 03W
  • Municipality: DAVENPORT
  • Latitude: 41.5414
  • Longitude: -90.5675

    Address

  • Full Address: 2124 Farnam St
  • Address - House Number: 2124
  • Address - Street Name: Farnam
  • Address - Suffix Type: St
  • State: IA
  • City Name: Davenport
  • Carrier Code: C017
  • 4-Digit Zip Code: 3006
  • Zip Code: 52803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,020
  • Tax Rate Code Area: DAD

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 75
  • Final Value: 194,366
  • High Value: 230,678
  • Low Value: 158,053

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,011
  • First Open Lien Mortgage Lender: AMERICAN BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Jul 20, 2021
  • First Open Lien Mortgage Loan Amount: $162,011
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $180,570
  • Market Land Value: $22,440
  • Market Improvement Value: $158,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,570
  • Assessed Land Value: $22,440
  • Assessed Improvements Value: $158,130

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11846269927
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100024836

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN BANK & TRUST CO
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $162,011
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

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Frequently Asked Questions

What neighborhood is 2124 Farnam Street located in?
The 2124 Farnam Street is a house located in the neighborhood of Near North Side in Near North Side, Davenport.
What is the average sales price for listings in 2124 Farnam Street?
The average sales price for units in 2124 Farnam Street is $0 currently.

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